Stock market ends week positive, sustains previous northward swing by 0.07%

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The Nigerian equity market today (Friday) ended the trading week on a positive note as the All-Share-Index appreciated by 0.07% to sustain the previous positive momentum to four consecutive trading days. The uptrend was supported by value appreciation on some bellwether stocks like NB, OANDO and 18 others.

Consequently, the market breadth closed on a positive note, recording 20 gainers as against 12 losers.

In summary, the All-Share Index (ASI) increased by 17.27 absolute points, representing a growth of 0.07% to close at 25,221.87 points. While the overall Market Capitalization size gained N9.01 billion, representing an increase of 0.07% to close at N13.16 trillion.

The market upturn was paired with weak trading activity, as total volumes and values traded on the local bourse dipped by -11.66% and -30.56% respectively, to a total of 158.62 million shares valued at N1.75 billion, in 3,194 deals.

LASACO emerged as the top gainer while ABCTRANS emerged as the top loser.

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The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; INTBREW (+9.09%), CHAMS (+5.00%), OANDO (+4.91%), NB (+2.86%),  and FIDSON (+1.01%).

MARKET STATISTICS

CAP N13,158,013,958,301.50 One Day (ASI CHG) +0.07%
Index 25,221.87 One Week (ASI CHG) +0.09%
Volume 158,620,959 One Month (ASI CHG) +4.34%
Value N1,754,131,492.65 Six Months (ASI CHG) -8.51%
Deals 3,194 52 Weeks (ASI CHG) -7.79%
Gainers 20 Losers 12
Unchanged 67 Total 99
YTD -6.04%

Source: NSEGTI Research

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N386.42, traded high at N386.00, and eventually closed at N386.00representing unchanged against the previous day’s closing position. A total of $227.29 million was transacted through the I&E window today.

MONEY MARKET

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Overnight(O/N) rate today (Thursday) closed at 6.30%, representing a 7.20% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 5.60%, representing a 7.40% depreciation against the previous day’s position.

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FIXED INCOME
Securities Close P. Close Change
Bond 341.22 335.88 +5.34 bps
T.Bills 141.03 143.18 -2.15 bps
Note: BPS=> Basis Points

Source: FMDQGTI Research

NASD OTC MARKET

The NASD OTC market today (Friday) closed as the Unlisted Securities Index (USI) closed at 709.17, unchanged against the previous day’s closing position. Similarly, Market Capitalization close at N520.93 billion, unchanged against the previous day’s closing position. Consequently, the aggregate volume increased by 450.44% while the aggregated value decreased by 30.13%, as investors traded a total of 739,689 shares, worth N15.29 million in 7 deal.

Sector Performance

Sector % Change
NSE30 0.04
BANKING -0.46
CONSUMER GOODS 1.06
INDUSTRIAL 0.00
INSURANCE 0.39
LOTUS ISLAMIC -0.02
OIL/GAS 0.43

 

Top 7 Gainers

Company Pclose Open Close Change % Change
LASACO 0.30 0.30 0.33 0.03 10.00
CHAMPION 0.71 0.71 0.78 0.07 9.86
UPL 1.13 1.13 1.24 0.11 9.73
INTBREW 3.30 3.30 3.60 0.30 9.09
UAC-PROP 0.86 0.86 0.92 0.06 6.98
CHAMS 0.20 0.20 0.21 0.01 5.00
LIVESTOCK 0.60 0.60 0.63 0.03 5.00
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Top 7 Losers

Company Pclose Open Close Change % Change
ABCTRANS 0.43 0.43 0.40 -0.03 -6.98
UACN 5.85 5.85 5.50 -0.35 -5.98
UNITYBNK 0.54 0.54 0.52 -0.02 -3.70
OKOMUOIL 80.00 80.00 79.00 -1.00 -1.25
FIDELITYBK 1.82 1.82 1.80 -0.02 -1.10
CUTIX 1.92 1.92 1.90 -0.02 -1.04
PRESCO 51.50 51.50 51.00 -0.50 -0.97
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Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ZENITHBANK                            19,077,759                      321,989,341 16.80
FBNH                            17,890,063                        89,452,278 5.00
GUARANTY                            16,147,904                      408,791,108 25.10
NB                              9,129,014                      327,436,627 36.00
CHAMS                              8,734,022                          1,783,275 0.21
LASACO                              8,294,343                          2,644,228 0.33
UACN                              6,545,097                        36,028,919 5.50

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                            16,147,904                 408,791,107.80 25.10
NB                              9,129,014                 327,436,627.45 36.00
ZENITHBANK                            19,077,759                 321,989,340.65 16.80
OKOMUOIL                              2,117,453                 165,249,793.70 79.00
FBNH                            17,890,063                   89,452,277.60 5.00
SEPLAT                                 175,345                   65,303,941.00 385.00
UACN                              6,545,097                   36,028,918.55 5.50
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Stock market ends week positive, sustains previous northward swing by 0.07% - Brand SpurStock market ends week positive, sustains previous northward swing by 0.07% - Brand Spur

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Stock market ends week positive, sustains previous northward swing by 0.07% - Brand SpurStock market ends week positive, sustains previous northward swing by 0.07% - Brand Spur

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