Transactions on the Nigerian equity market today (Wednesday) closed on a positive note, gaining 1.04% to halt the previous negative sentiment of two consecutive trading days, following value appreciation on some bellwether stocks like AIRTELAFRI, TOTAL, SEPLAT and 15 others.
However, the market breadth closed on a positive note, recording 18 gainers as against 11 losers.
In summary, the All-Share Index (ASI) increased by 257.78 absolute points, representing a growth of 1.04% to close at 25,141.48 points. Similarly, the overall Market Capitalization size gained N134.47 billion, representing an increase of 1.04% to close at N13.12 trillion
SEPLAT emerged as the top gainer while CHAMPION emerged as the top loser.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; SEPLAT (+10.00%), CADBURY (+9.93%), AIRTELAFRI (+9.20%), PRESCO (+7.29%), GUINNESS (+6.21%), OANDO (+1.27%) TOTAL (+1.14%) and FLOURMILL (+0.52%).
MARKET STATISTICS
| CAP | N13,115,282,177,305.07 | One Day (ASI CHG) | +1.04% |
| Index | 25,141.48 | One Week (ASI CHG) | +1.04% |
| Volume | 204,878,098 | One Month (ASI CHG) | +3.89% |
| Value | N3,830,335,679.62 | Six Months (ASI CHG) | -9.80% |
| Deals | 3,636 | 52 Weeks (ASI CHG) | -7.93% |
| Gainers | 18 | Losers | 11 |
| Unchanged | 68 | Total | 97 |
| YTD | -6.34% |
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 N386.25, traded high at N387.00, and eventually closed at N386.00, representing a 0.13% depreciation against the previous day’s closing position. A total of $31.96 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 5.25%, representing a 0.92% appreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 4.33%, representing a 0.83% depreciation against the previous day’s position.
| FIXED INCOME | |||
| Securities | Close | P. Close | Change |
| Bond | 354.56 | 321.86 | +32.70 bps |
| T.Bills | 161.73 | 163.44 | -1.71 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
NASD OTC MARKET
The NASD OTC market today (Wednesday) closed positively as the Unlisted Securities Index (USI) closed at 713.39, representing a 0.34% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N1.76 billion, to closed at N524.04 billion, representing a 0.34% appreciation against the previous day’s closing position. However, the aggregate volume increased by 65.60% while the aggregated value decreased by 33.54%, as investors traded a total of 88,485 shares, worth N9.30 million in 6 deal.
Sector Performance
| Sector | % Change |
| NSE30 | 0.15 |
| BANKING | -0.36 |
| CONSUMER GOODS | 0.19 |
| INDUSTRIAL | -0.26 |
| INSURANCE | 0.64 |
| LOTUS ISLAMIC | 0.05 |
| OIL/GAS | 5.24 |
Top 7 Gainers
| Company | Pclose | Open | Close | Change | % Change |
| SEPLAT | 350.00 | 350.00 | 385.00 | 35.00 | 10.00 |
| CADBURY | 7.05 | 7.05 | 7.75 | 0.70 | 9.93 |
| AIRTELAFRI | 348.00 | 348.00 | 380.00 | 32.00 | 9.20 |
| PRESTIGE | 0.45 | 0.45 | 0.49 | 0.04 | 8.89 |
| NEIMETH | 1.85 | 1.85 | 2.00 | 0.15 | 8.11 |
| PRESCO | 48.00 | 48.00 | 51.50 | 3.50 | 7.29 |
| AIICO | 0.90 | 0.90 | 0.96 | 0.06 | 6.67 |
Top 7 Losers
| Company | Pclose | Open | Close | Change | % Change |
| CHAMPION | 0.86 | 0.86 | 0.78 | -0.08 | -9.30 |
| CHIPLC | 0.37 | 0.37 | 0.34 | -0.03 | -8.11 |
| MBENEFIT | 0.21 | 0.21 | 0.20 | -0.01 | -4.76 |
| SUNUASSUR | 0.21 | 0.21 | 0.20 | -0.01 | -4.76 |
| ACCESS | 6.55 | 6.55 | 6.40 | -0.15 | -2.29 |
| WEMABANK | 0.53 | 0.53 | 0.52 | -0.01 | -1.89 |
| ETI | 4.15 | 4.15 | 4.10 | -0.05 | -1.20 |
Top 7 Traders By Volume
| Company | Volume | Value(₦) | Current Price |
| GUARANTY | 66,251,779 | 1,646,366,932 | 24.85 |
| ACCESS | 24,004,750 | 155,811,558 | 6.40 |
| ZENITHBANK | 15,209,013 | 255,327,595 | 16.75 |
| FBNH | 13,953,083 | 70,622,266 | 5.05 |
| STERLNBANK | 13,213,013 | 15,699,817 | 1.20 |
| WEMABANK | 9,158,978 | 4,685,796 | 0.52 |
| OKOMUOIL | 5,264,039 | 418,585,982 | 80.00 |
Top 7 Traders By Value
| Company | Volume | Value(₦) | Current Price |
| GUARANTY | 66,251,779 | 1,646,366,931.65 | 24.85 |
| OKOMUOIL | 5,264,039 | 418,585,982.10 | 80.00 |
| AIRTELAFRI | 845,734 | 321,026,894.90 | 380.00 |
| SEPLAT | 742,051 | 284,519,403.60 | 385.00 |
| ZENITHBANK | 15,209,013 | 255,327,595.30 | 16.75 |
| ACCESS | 24,004,750 | 155,811,558.15 | 6.40 |
| VALUEFUND | 1,253,000 | 144,157,650.00 | 115.05 |
GTI Research
