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% |
Source: NSE, GTI 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 N385.98, representing 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
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 |
Source: FMDQ, GTI 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 |
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 |
