Transactions on the floor of the Nigerian stock exchange today (Wednesday) closed on a positive note, gaining 0.16%, extending the previous positive momentum to four consecutive trading days, following value appreciation on some bellwether stocks like ACCESS, GUARANTY, MOBIL, and 15 others.
Consequently, the market breadth closed on a positive note, recording 18 gainers as against 12 losers.
In summary, the All-Share Index (ASI) increased by 40.10 absolute points, representing a growth of 0.16% to close at 24,882.04 points. Similarly, the overall Market Capitalization size gained N20.92 billion, representing an increase of 0.16% to close at N12.98 trillion.
CAP emerged as the top gainers while ETERNA emerged as the top loser.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; JAPAULOIL (+4.76%), GUARANTY (+1.94%), FIDELITYBK (+1.76%), MOBIL (+0.92%), ACCESS (+0.79%), and UCAP (+0.67%).
MARKET STATISTICS
| CAP | N12,979,941,721,993.57 | One Day (ASI CHG) | +0.16% |
| Index | 24,882.04 | One Week (ASI CHG) | +0.76% |
| Volume | 383,289,488 | One Month (ASI CHG) | +3.56% |
| Value | N3,892,572,515.51 | Six Months (ASI CHG) | -12.49% |
| Deals | 3,860 | 52 Weeks (ASI CHG) | -10.07% |
| Gainers | 18 | Losers | 12 |
| Unchanged | 61 | Total | 91 |
| YTD | -7.30% |
Source: NSE, GTI 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 N387.79, traded high at N392.50, and eventually closed at N389.25, representing a 0.06% depreciation against the previous day’s closing position. A total of $24.66 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 9.33%, representing a 0.75% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 8.50%, representing a 0.50% depreciation against the previous day’s position.
| FIXED INCOME | |||
| Securities | Close | P. Close | Change |
| Bond | 340.16 | 293.09 | +47.07 bps |
| T.Bills | 158.58 | 151.12 | +7.46 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
NASD OTC MARKET
The NASD OTC market today (Wednesday) closed on a negative note as the Unlisted Securities Index (USI) closed at 702.08, representing a 0.48% depreciation against the previous day’s closing position. Similarly, Market Capitalization shed N4.53 billion to close at N515.72 billion, representing a 0.48% depreciation against the previous day’s closing position. However, the aggregate volume and value increased by 1,082.27% and 71.36% respectively, as investors traded a total of 1.30 million shares, worth N7.09 million in 9 deal.
Sector Performance
| Sector | % Change |
| NSE30 | 0.15 |
| BANKING | 0.07 |
| CONSUMER GOODS | 0.01 |
| INDUSTRIAL | 0.01 |
| INSURANCE | -0.01 |
| LOTUS ISLAMIC | 0.02 |
| OIL/GAS | 0.11 |
Top 7 Gainers
| Company | Pclose | Open | Close | Change | % Change |
| CAP | 15.40 | 15.40 | 16.90 | 1.50 | 9.74 |
| UAC-PROP | 0.84 | 0.84 | 0.92 | 0.08 | 9.52 |
| GLAXOSMITH | 4.85 | 4.85 | 5.15 | 0.30 | 6.19 |
| NEIMETH | 1.66 | 1.66 | 1.75 | 0.09 | 5.42 |
| TRANSCORP | 0.59 | 0.59 | 0.62 | 0.03 | 5.08 |
| STANBIC | 30.00 | 30.00 | 31.50 | 1.50 | 5.00 |
| JAPAULOIL | 0.21 | 0.21 | 0.22 | 0.01 | 4.76 |
Top 7 Losers
| Company | Pclose | Open | Close | Change | % Change |
| ETERNA | 2.00 | 2.00 | 1.82 | -0.18 | -9.00 |
| LIVESTOCK | 0.65 | 0.65 | 0.62 | -0.03 | -4.62 |
| MBENEFIT | 0.22 | 0.22 | 0.21 | -0.01 | -4.55 |
| LASACO | 0.25 | 0.25 | 0.24 | -0.01 | -4.00 |
| MAYBAKER | 3.00 | 3.00 | 2.90 | -0.10 | -3.33 |
| ZENITHBANK | 16.95 | 16.95 | 16.50 | -0.45 | -2.65 |
| FCMB | 1.94 | 1.94 | 1.90 | -0.04 | -2.06 |
Top 7 Traders By Volume
| Company | Volume | Value(₦) | Current Price |
| FBNH | 66,441,272 | 334,160,917 | 5.05 |
| ACCESS | 59,194,515 | 378,756,290 | 6.40 |
| ZENITHBANK | 30,793,410 | 521,189,659 | 16.50 |
| PRESCO | 26,155,928 | 1,255,775,362 | 48.00 |
| STERLNBANK | 12,247,785 | 14,297,365 | 1.14 |
| UBA | 11,730,556 | 73,949,790 | 6.30 |
Top 7 Traders By Value
| Company | Volume | Value(₦) | Current Price |
| PRESCO | 26,155,928 | 1,255,775,361.50 | 48.00 |
| ZENITHBANK | 30,793,410 | 521,189,659.05 | 16.50 |
| ACCESS | 59,194,515 | 378,756,290.10 | 6.40 |
| FBNH | 66,441,272 | 334,160,917.25 | 5.05 |
| GUARANTY | 9,092,452 | 214,176,224.30 | 23.60 |
| MTNN | 1,406,067 | 165,829,249.10 | 118.00 |
| MOBIL | 574,691 | 100,532,350.00 | 175.00 |
GTI Group Research
