The Nigerian equity market today (Tuesday) closed on a positive note, with a growth of 0.31%, extending the previous positive momentum to three consecutive trading days, following value appreciation on some bellwether stocks like MTNN, GUARANTY, ZENITHBANK, and 16 others.
Consequently, the market breadth closed on a positive note, recording 23 gainers as against 10 losers.
In summary, the All-Share Index (ASI) increased by 75.82 absolute points, representing a growth of 0.31% to close at 24,841.94 points. Similarly, the overall Market Capitalization size gained N39.55 billion, representing an increase of 0.31% to close at N12.96 trillion
MANSARD emerged as the top gainers while CAP emerged as the top loser.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; FLOURMILL (+4.00%), ZENITH BANK (+3.67%), SEPLAT (+3.48%), NB (+3.23%), ETI (+2.44%), GUARANTY (+1.31%) and MTNN (+0.08%).
MARKET STATISTICS
| CAP | N12,959,024,699,151.90 | One Day (ASI CHG) | +0.31% |
| Index | 24,841.94 | One Week (ASI CHG) | +0.78% |
| Volume | 154,467,244 | One Month (ASI CHG) | +2.08% |
| Value | N1,457,531,880.26 | Six Months (ASI CHG) | -12.94% |
| Deals | 4,222 | 52 Weeks (ASI CHG) | -10.47% |
| Gainers | 23 | Losers | 10 |
| Unchanged | 62 | Total | 95 |
| YTD | -7.45% |
Source: NSE, GTI Research, Equity Market
FOREIGN EXCHANGE
The Naira at the official window on Tuesday closed at 381.00/$1, unchanged against the previous day’s position.
The Investors and Exporters (I&E) FX window opened at N388.46, traded high at N390.00, and eventually closed at N389.00, representing a 0.26% depreciation against the previous day’s closing position. A total of $17.23 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 10.08%, representing a 4.25% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 9.00%, representing an 4.33% depreciation against the previous day’s position.
| FIXED INCOME | |||
| Securities | Close | P. Close | Change |
| Bond | 293.09 | 288.10 | -4.99 bps |
| T.Bills | 151.12 | 162.40 | -11.28 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
NASD OTC MARKET
The NASD OTC market today (Tuesday) closed on a positive note as the Unlisted Securities Index (USI) closed at 705.48, representing a 0.88% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N4.53 billion to close at N518.22 billion, representing a 0.88% appreciation against the previous day’s closing position. Consequently, the aggregate volume and value decreased by 85.94% and 57.61% respectively, as investors traded a total of 109,694 shares, worth N4.14 million in 9 deal.
Sector Performance
| Sector | % Change |
| NSE30 | 0.33 |
| BANKING | 1.58 |
| CONSUMER GOODS | 0.07 |
| INDUSTRIAL | -0.03 |
| INSURANCE | 2.70 |
| LOTUS ISLAMIC | -0.15 |
| OIL/GAS | 0.23 |
Top 7 Gainers
| Company | Pclose | Open | Close | Change | % Change |
| MANSARD | 1.44 | 1.44 | 1.58 | 0.14 | 9.72 |
| UACN | 6.30 | 6.15 | 6.85 | 0.55 | 8.73 |
| JAIZBANK | 0.55 | 0.55 | 0.59 | 0.04 | 7.27 |
| NPFMCRFBK | 1.19 | 1.19 | 1.26 | 0.07 | 5.88 |
| MBENEFIT | 0.21 | 0.21 | 0.22 | 0.01 | 4.76 |
| AIICO | 0.85 | 0.85 | 0.89 | 0.04 | 4.71 |
| LASACO | 0.24 | 0.24 | 0.25 | 0.01 | 4.17 |
Top 7 Losers
| Company | Pclose | Open | Close | Change | % Change |
| CAP | 17.10 | 17.10 | 15.40 | -1.70 | -9.94 |
| TOTAL | 87.80 | 87.80 | 79.10 | -8.70 | -9.91 |
| ARDOVA | 13.45 | 13.45 | 12.15 | -1.30 | -9.67 |
| UNILEVER | 12.25 | 12.25 | 11.20 | -1.05 | -8.57 |
| GLAXOSMITH | 5.30 | 5.30 | 4.85 | -0.45 | -8.49 |
| INTBREW | 3.30 | 3.30 | 3.15 | -0.15 | -4.55 |
| JAPAULOIL | 0.22 | 0.22 | 0.21 | -0.01 | -4.55 |
Top 7 Traders By Volume
| Company | Volume | Value(₦) | Current Price |
| TRANSCORP | 13,543,976 | 8,078,601 | 0.59 |
| FBNH | 11,715,168 | 59,183,878 | 5.05 |
| WAPCO | 8,958,428 | 105,262,433 | 11.75 |
| NB | 8,871,692 | 283,820,516 | 32.00 |
| CUSTODIAN | 8,640,185 | 43,345,565 | 5.00 |
| MBENEFIT | 8,183,597 | 1,794,210 | 0.22 |
| GUARANTY | 7,609,595 | 175,079,236 | 23.15 |
Top 7 Traders By Value
| Company | Volume | Value(₦) | Current Price |
| NB | 8,871,692 | 283,820,516.30 | 32.00 |
| GUARANTY | 7,609,595 | 175,079,236.35 | 23.15 |
| MTNN | 1,186,414 | 140,412,213.00 | 118.00 |
| SEPLAT | 429,157 | 138,021,923.80 | 321.00 |
| ZENITHBANK | 6,976,051 | 116,151,001.85 | 16.95 |
| WAPCO | 8,958,428 | 105,262,432.95 | 11.75 |
| FBNH | 11,715,168 | 59,183,877.90 | 5.05 |
GTI Group Research
