BUA Cement & 17 others led NSE-ASI to sustains seesaw movement, gains 0.18%

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

List of First Bank of Nigeria Sort Codes in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...
- Advertisement -

Transactions on the Nigeria equity market today (Wednesday) closed on a positive note, gaining 0.18%, to extend the seesaw movement of alternating losses and gains to five consecutive days, following value appreciation on some bellwether stocks like BUA CEMENT, FBNH, UBA and 15 others.

Consequently, the market breadth closed on a positive note, recording 18 gainers as against 14 losers.

In summary, the All-Share Index (ASI) decreased by 133.45 absolute points, representing a dip of 0.54% to close at 24,650.16 points. Similarly, the overall Market Capitalization size shed N69.61 billion, representing a contraction of 0.54% to close at N12.86 trillion

SEPLAT emerged as the top gainers while NPFMCRFBK emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; SEPLAT (+10.00%), HONYFLOUR (+4.17%), BUACEMENT (+1.03%), FBNH (+1.01%), UBA (+0.81%), FIDELITYBK (+0.59%) and FLOURMILL (+0.29%).

MARKET STATISTICS

CAP N12,881,709,459,280.55 One Day (ASI CHG) +0.18%
Index 24,693.73 One Week (ASI CHG) +2.15%
Volume 101,586,874.00 One Month (ASI CHG) -0.66%
Value N973,636,783.16 Six Months (ASI CHG) -15.17%
Deals 3,685 52 Weeks (ASI CHG) -11.65%
Gainers 18 Losers 14
Unchanged 61 Total 92
YTD -8.00%
- Advertisement -

Source: NSEGTI Research

FOREIGN EXCHANGE

The Naira at the official window on Wednesday closed at 381.00/$1, unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N388.61, traded high at N392.50, and eventually closed at N389.25representing a 0.06% appreciation against the previous day’s closing position. A total of $18.83 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 2.10%, representing a 0.10% appreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 1.40%, representing a 0.07% appreciation against the previous day’s position.

FIXED INCOME
Securities Close P. Close Change
Bond 302.40 297.37 +5.03 bps
T.Bills 168.42 175.29 -6.87 bps
Note: BPS=> Basis Points
- Advertisement -

Source: FMDQGTI Research

Read Also:  Nigerian Bourse Ends Trading Week in the South, Shed 0.65%

NASD OTC MARKET

The NASD OTC market today (Wednesday) closed on a negative note as the Unlisted Securities Index (USI) closed at 700.82, representing a 0.68% depreciation against the previous day’s closing position. Similarly, Market Capitalization shed N3.50 billion to close at N514.80 billion, representing a 0.68% depreciation against the previous day’s closing position. However, the aggregate volume decreased by 3.24% while the aggregate value increased by 16.52%, as investors traded a total of 405,530 shares, worth N19.91 million in 19 deal.

Sector Performance

Sector % Change
NSE30 0.19
BANKING -0.21
CONSUMER GOODS 0.01
INDUSTRIAL 0.27
INSURANCE 1.40
LOTUS ISLAMIC 0.10
OIL/GAS 4.58

 

Top 7 Gainers

Company Pclose Open Close Change % Change
SEPLAT 282.00 282.00 310.20 28.20 10.00
CORNERST 0.50 0.50 0.55 0.05 10.00
PRESTIGE 0.46 0.46 0.50 0.04 8.70
PZ 3.90 3.90 4.10 0.20 5.13
MBENEFIT 0.22 0.22 0.23 0.01 4.55
HONYFLOUR 0.96 0.96 1.00 0.04 4.17
UACN 6.80 6.80 7.00 0.20 2.94
Read Also:  NSE-ASI Closes The Week In Red, Market Declines by 0.06%

 

Top 7 Losers

Company Pclose Open Close Change % Change
NPFMCRFBK 1.31 1.31 1.18 -0.13 -9.92
ARBICO 1.54 1.54 1.39 -0.15 -9.74
STUDPRESS 1.99 1.99 1.80 -0.19 -9.55
NAHCO 2.10 2.10 2.00 -0.10 -4.76
JAPAULOIL 0.23 0.23 0.22 -0.01 -4.35
GUINNESS 13.50 13.50 13.00 -0.50 -3.70
TRANSCORP 0.64 0.64 0.62 -0.02 -3.13
- Advertisement -

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                            10,868,529                      244,682,665 22.50
FBNH                              9,715,949                        49,141,768 5.00
UBA                              9,446,483                        58,597,588 6.20
ETI                              6,081,250                        25,427,858 4.15
STERLNBANK                              5,870,265                          6,990,621 1.19
FCMB                              5,696,557                        10,857,297 1.95
ZENITHBANK                              5,176,792                        83,899,538 16.30

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                            10,868,529                 244,682,665.15 22.50
SEPLAT                                 537,303                 166,658,481.70 310.20
ZENITHBANK                              5,176,792                   83,899,537.90 16.30
MTNN                                 659,860                   77,657,957.80 117.90
UBA                              9,446,483                   58,597,587.70 6.20
FBNH                              9,715,949                   49,141,768.40 5.00
DANGCEM                                 263,196                   35,668,810.00 141.80

GTI Group Research

- Advertisement -
BUA Cement & 17 others led NSE-ASI to sustains seesaw movement, gains 0.18% - Brand SpurBUA Cement & 17 others led NSE-ASI to sustains seesaw movement, gains 0.18% - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

BUA Cement & 17 others led NSE-ASI to sustains seesaw movement, gains 0.18% - Brand SpurBUA Cement & 17 others led NSE-ASI to sustains seesaw movement, gains 0.18% - Brand Spur

Latest News

Borderless Work: Avon HMO Partners With HR Expo Africa

Recognizing staff wellbeing as a bedrock of organizational performance, Avon HMO was a proud partner at the just concluded...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -BUA Cement & 17 others led NSE-ASI to sustains seesaw movement, gains 0.18% - Brand SpurBUA Cement & 17 others led NSE-ASI to sustains seesaw movement, gains 0.18% - Brand Spur