MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38%

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Transactions on the floor of the Nigerian stock exchange today (Thursday) closed on a positive note, gaining 0.38% to sustain the previous day positive momentum. The uptrend was supported by value appreciation on some bellwether stocks like MTN Nigeria, ACCESS, NB and 12 others.

However, the market breadth closed on a negative note, recording 18 losers as against 15 gainers.

In summary, the All-Share Index (ASI) increased by 95.49 absolute points, representing a growth of 0.38% to close at 25,236.97 points. Similarly, the overall Market Capitalization size gained N49.88 billion, representing an increase of 0.38% to close at N13.17 trillion

MANSARD emerged as the top gainer while IKEJA HOTEL emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; UNILEVER (+8.33%), NB (+5.88%), WAPIC (+3.03%), FLOURMILL (+2.32%), ACCESS (+1.56%), and MTNN (+0.84%).

MARKET STATISTICS

CAP N13,165,158,179,276.12 One Day (ASI CHG) +0.38%
Index 25,236.97 One Week (ASI CHG) +1.23%
Volume 258,081,869 One Month (ASI CHG) +4.65%
Value N1,678,313,747.99 Six Months (ASI CHG) -9.47%
Deals 3,640 52 Weeks (ASI CHG) -7.58%
Gainers 15 Losers 18
Unchanged 59 Total 92
YTD -5.98%
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Source: NSEGTI Research

FOREIGN EXCHANGE

The Naira at the official window today (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 N386.00representing 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
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Source: FMDQGTI Research

NASD OTC MARKET

The NASD OTC market today (Thursday) closed as the Unlisted Securities Index (USI) closed at 713.39, unchanged against the previous day’s closing position. Similarly, Market Capitalization closed at N524.04 billion, unchanged against the previous day’s closing position. However, the aggregate volume and value increased by 481.65% and 100.15% respectively, as investors traded a total of 514,675 shares, worth N18.62 million in 6 deal.

Sector Performance

Sector % Change
NSE30 0.44
BANKING 0.03
CONSUMER GOODS 1.46
INDUSTRIAL -0.12
INSURANCE 2.61
LOTUS ISLAMIC 0.32
OIL/GAS 0.31

 

Top 7 Gainers

Company Pclose Open Close Change % Change
MANSARD 1.45 1.45 1.59 0.14 9.66
CHIPLC 0.34 0.34 0.37 0.03 8.82
UNILEVER 12.00 12.00 13.00 1.00 8.33
PRESTIGE 0.49 0.49 0.53 0.04 8.16
NB 34.00 34.00 36.00 2.00 5.88
OANDO 2.40 2.40 2.48 0.08 3.33
FIDELITYBK 1.83 1.83 1.89 0.06 3.28

 

Top 7 Losers

Company Pclose Open Close Change % Change
IKEJAHOTEL 1.01 1.01 0.91 -0.10 -9.90
ACADEMY 0.33 0.33 0.30 -0.03 -9.09
CHAMPION 0.78 0.78 0.71 -0.07 -8.97
UNITYBNK 0.59 0.59 0.54 -0.05 -8.47
NEIMETH 2.00 2.00 1.90 -0.10 -5.00
TRANSCORP 0.63 0.63 0.60 -0.03 -4.76
STERLNBANK 1.20 1.20 1.15 -0.05 -4.17
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Top 7 Traders By Volume

Company Volume Value(₦) Current Price
TRANSCORP                          105,499,045                        61,392,152 0.60
ZENITHBANK                            25,659,743                      429,954,038 16.75
CHAMS                            22,936,631                          4,827,022 0.21
GUARANTY                            12,532,616                      311,021,585 24.80
FBNH                              7,841,888                        39,591,760 5.05
WAPIC                              6,697,017                          2,029,089 0.34
JAPAULOIL                              6,604,835                          1,385,246 0.21

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                            25,659,743                 429,954,038.10 16.75
GUARANTY                            12,532,616                 311,021,584.80 24.80
MTNN                              1,271,646                 152,225,287.70 119.50
DANGCEM                                 740,673                   99,902,139.70 136.00
OKOMUOIL                              1,002,698                   80,213,782.15 80.00
NESTLE                                   62,140                   70,664,134.40 1175.00
STANBIC                              2,111,535                   69,867,994.20 33.80

 

GTI RESEARCH

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MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38% - Brand SpurMTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38% - Brand Spur

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MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38% - Brand SpurMTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38% - Brand Spur

Latest News

Spackman Entertainment Group’s Upcoming Musical Film THE BOX, Starring EXO’s Chanyeol, Scheduled To Be Released In The Spring Of 2021

  • Following the art film STONE SKIPPING, THE BOX is the next film production of the Company's wholly‐owned indirect subsidiary, Studio Take, founded by veteran movie producer, Mr. Song Dae‐chan
  • THE BOX will be EXO's Chanyeol's first lead acting role in a film
  • Directed by Yang Jung Woong, the Executive Producer of the 2018 PyeongChang Winter Olympics opening and closing ceremonies, THE BOX is set to be screened in Korea in the spring of 2021

SINGAPORE - Media OutReach - 3 March 2021 - Spackman Entertainment Group Limited ("Spackman Entertainment Group" or the "Company" and together with its subsidiaries, the "Group"), one of Korea's leading entertainment production groups, wishes to announce that its upcoming musical film THE BOX, produced by the Company's indirect wholly-owned subsidiary, Studio Take Co., Ltd. ("Studio Take"), is set to be released in Korea in the spring of 2021.


Following the art film STONE SKIPPING, THE BOX is the next film production of Studio Take, which was founded by veteran movie producer, Mr. Song Dae‐chan.

THE BOX is about the musical journey of an aspiring singer and a once popular producer.

Directed by Yang Jung Woong, the Executive Producer of the 2018 PyeongChang Winter Olympics opening and closing ceremonies, THE BOX stars EXO's Chanyeol who plays the aspiring singer and Jo Dal Hwan who acts as the once popular producer. This is Chanyeol's first lead role for a Korean commercial film. Jo Dal Hwan is known for his role in SECRET HEALER (2016), TRAFFICKERS (2012) and THE CON ARTISTS (2014).


About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited ("SEGL" or the "Company"), and together with its subsidiaries, (the "Group"), founded in 2011 by Charles Spackman, is one of Korea's leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea. According to Variety, Korea was the world's fourth largest box office market in 2019, behind only North America, China and Japan.

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The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

Production Labels

SEGL's wholly-owned Zip Cinema Co., Ltd. ("Zip Cinema") is one of the most recognised film production labels in Korea and has originated and produced some of Korea's most commercially successful theatrical films, consecutively producing 10 profitable movies since 2009 representing an industry leading track record. Recent theatrical releases of Zip Cinema's motion pictures include some of Korea's highest grossing and award-winning films such as CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), COLD EYES (2013), and ALL ABOUT MY WIFE (2012). For more information on Zip Cinema, do visit http://zipcine.com


SEGL also owns Novus Mediacorp Co., Ltd. ("Novus Mediacorp"), an investor, presenter, and/or post-theatrical distributor for a total of 79 films (58 Korean and 21 foreign) including ROSE OF BETRAYAL, THE OUTLAWS and SECRETLY, GREATLY, which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS, as well as FRIEND 2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE, a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time highest Video On Demand ("VOD") sales records in Korea. For more information on Novus Mediacorp, do visit http://novusmediacorp.com.


The Company owns a 100% equity interest in Simplex Films Limited ("Simplex Films") which is an early stage film production firm. The maiden film of Simplex Films, JESTERS: THE GAME CHANGERS (2019), was released in Korea on 21 August 2019. Simplex Films has several line-up of films including A BOLT FROM THE BLUE (working title).


The Company owns a 100% equity interest in Take Pictures Pte. Ltd. ("Take Pictures") which produced STONE SKIPPING (2020) and shall release THE BOX and GUARDIAN (working title) in 2021 tentatively.


The Company owns a 100% equity interest in Greenlight Content Limited ("Greenlight Content") which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group's first co-produced drama, MY SECRET TERRIUS, starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.


The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST'S WAIL, a comedy horror film.


Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. We release all of our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

Talent Representation

The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited ("SMGL"). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as MSteam Entertainment Co., Ltd. (Son Ye-jin, Lee Min-jung, Ko Sung-hee), UAA&CO Inc. (Song Hye-kyo, Yoo Ah-in, Park Hyung-sik), Fiftyone K Inc. (So Ji Sub, Ok Taec-yeon), SBD Entertainment Inc. (Son Suk-ku), and Kook Entertainment Co., Ltd. (Kim Sang-kyung, Kim Ji-young). Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company.


The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. ("Constellation Agency"). Constellation Agency, which owns The P Factory Co., Ltd. ("The P Factory") and Platform Media Group Co., Ltd. ("PMG"), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

Strategic Businesses

The Company owns a 100% equity interest in Frame Pictures Co., Ltd. ("Frame Pictures"). Frame Pictures is a leader in the movie/drama equipment leasing business in Korea. Established in 2014, Frame Pictures has worked with over 25 top directors and provided the camera and lighting equipment for some of Korea's most notable drama and movie projects including ITAEWON CLASS (2020), HOW TO BUY A FRIEND (2020), KIM JI-YOUNG, BORN 1982 (2019), FOUR MEN (2019) and ASADAL CHRONICLES (2019).

We also operate a café-lounge called Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.

For more details, do visit http://www.spackmanentertainmentgroup.com/

MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38% - Brand Spur
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