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.
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: NSE, GTI 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 N386.00, representing unchanged against the previous day’s closing position. A total of $227.29 million was transacted through the I&E window today.
MONEY MARKET
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.
| 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: FMDQ, GTI 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 |
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 |
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 |
