Bulls lift NSE-ASI up marginally by 0.02% as investors gain N1.99 billion

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The Nigerian equity market today (Tuesday) closed positively as the All Share Index (NSE-ASI) appreciated marginal by 0.02% to halt the previous negative sentiment of two consecutive trading days. The uptrend was supported by value appreciation on some bellwether stocks like ACCESS, GUARANTY, ZENITHBANK and 13 others.

Consequently, the market breadth closed on a positive note, recording 16 gainers as against 13 losers.

In summary, the All-Share Index (ASI) increased by 3.82 absolute points, representing a growth of 0.02% to close at 25,136.49 points. Similarly, the overall Market Capitalization size gained N1.99 billion, representing an increase of 0.02% to close at N13.11 trillion.

UPL emerged as the top gainer while CONOIL emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; UBA (+2.31%), FLOURMILL (+1.09%), HONYFLOUR (+1.09%), ACCESS (+0.79%), GUINNESS (+0.65%), ZENITHBANK (+0.30%) and GUARANTY (+0.20%).

MARKET STATISTICS

CAP N13,112,743,202,052.97 One Day (ASI CHG) +0.02%
Index 25,136.49 One Week (ASI CHG) +1.02%
Volume 271,001,986 One Month (ASI CHG) +3.49%
Value N2,460,550,779.25 Six Months (ASI CHG) -8.83%
Deals 3,693 52 Weeks (ASI CHG) -7.08%
Gainers 16 Losers 13
Unchanged 65 Total 94
YTD -6.35%
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Source: NSEGTI Research

 

FOREIGN EXCHANGE

The Naira at the official window today (Tuesday) closed at 381.00/$1, unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N386.03, traded high at N386.00, and eventually closed at N385.98representing a 0.05% depreciation against the previous day’s closing position. A total of $20.27 million was transacted through the I&E window today.

MONEY MARKET

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Overnight(O/N) rate today (Tuesday) closed at 16.00%, representing a 1.50% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 15.25%, representing a 1.15% depreciation against the previous day’s position.

FIXED INCOME
Securities Close P. Close Change
Bond 335.61 335.78 -0.17 bps
T.Bills 146.43 148.39 -1.96 bps
Note: BPS=> Basis Points
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Source: FMDQGTI Research

NASD OTC MARKET

The NASD OTC market today (Tuesday) closed as the Unlisted Securities Index (USI) closed at 710.49, representing a 1.11% depreciation against the previous day’s closing position. Similarly, Market Capitalization shed N5.83 million, to close at N521.90 billion, representing a 1.11% depreciation against the previous day’s closing position. However, the aggregate volume and value increased by 1,982.20% and 894.51% respectively, as investors traded a total of 534,500 shares, worth N71.41 million in 3 deal.

Sector Performance

Sector % Change
NSE30 0.06
BANKING 0.52
CONSUMER GOODS -0.12
INDUSTRIAL -0.02
INSURANCE 0.89
LOTUS ISLAMIC 0.00
OIL/GAS -1.83

 

Top 7 Gainers

Company Pclose Open Close Change % Change
UPL 1.11 1.11 1.22 0.11 9.91
CORNERST 0.53 0.53 0.58 0.05 9.43
LASACO 0.28 0.30 0.30 0.02 7.14
UCAP 3.10 3.10 3.20 0.10 3.23
STERLNBANK 1.15 1.15 1.18 0.03 2.61
DANGSUGAR 12.30 12.30 12.60 0.30 2.44
UBA 6.50 6.50 6.65 0.15 2.31
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Top 7 Losers

Company Pclose Open Close Change % Change
CONOIL 16.90 16.90 15.25 -1.65 -9.76
ARDOVA 13.95 13.95 12.60 -1.35 -9.68
OANDO 2.48 2.48 2.24 -0.24 -9.68
FIDSON 4.00 4.00 3.79 -0.21 -5.25
JAPAULOIL 0.21 0.21 0.20 -0.01 -4.76
UNIONDAC 0.25 0.25 0.24 -0.01 -4.00
FCMB 2.06 2.06 2.00 -0.06 -2.91

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ZENITHBANK                            35,835,574                      600,203,226 16.75
GUARANTY                            35,287,454                      877,020,805 24.90
LASACO                            33,066,402                          9,892,106 0.30
ACCESS                            23,736,787                      152,053,522 6.40
TRANSCORP                            15,507,410                          9,426,355 0.60
FBNH                            14,350,304                        71,408,474 5.00
FIDELITYBK                            12,179,803                        21,665,813 1.80

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                            35,287,454                 877,020,805.25 24.90
ZENITHBANK                            35,835,574                 600,203,226.20 16.75
ACCESS                            23,736,787                 152,053,522.15 6.40
FLOURMILL                              7,994,368                 147,544,391.45 18.50
NASCON                            10,742,544                 107,434,362.80 10.00
NB                              2,674,563                   93,726,877.40 35.00
FBNH                            14,350,304                   71,408,474.05 5.00
Read Also:  NSE ASI Moderates by 0.42% amid Sell-Offs

 

GTI RESEARCH

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Bulls lift NSE-ASI up marginally by 0.02% as investors gain N1.99 billion - Brand SpurBulls lift NSE-ASI up marginally by 0.02% as investors gain N1.99 billion - Brand Spur

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Bulls lift NSE-ASI up marginally by 0.02% as investors gain N1.99 billion - Brand SpurBulls lift NSE-ASI up marginally by 0.02% as investors gain N1.99 billion - Brand Spur

Latest News

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BEIJING, CHINA and SANTA CLARA, US - EQS Newswire - 1 March 2021 - Greenliant has expanded its ArmourDrive™ industrial memory card portfolio with the high reliability, high capacity microSD QX Series, available from 256GB to 1TB, and operating at wide temperatures (-25 to +85 degrees Celsius). See microSD ArmourDrive product information at http://bit.ly/SD-microSD.

Bulls lift NSE-ASI up marginally by 0.02% as investors gain N1.99 billion - Brand Spur

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