Investors gain N9.26 billion as NSE-ASI appreciates by 0.07%

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consumer goods Stock market halts two days downtrend, gains 1.04%

Trading activities on Customs Street today (Monday) began the trading week on a positive note as the All-Share-Index appreciated marginally by 0.07% to sustain Friday’s positive sentiment. The uptrend was supported by value appreciation on some bellwether stocks like DANGCEM, GUARANTY, WAPCO and 8 others.

However, the market breadth closed on a negative note, recording 17 losers as against 11 gainers.

In summary, the All-Share Index (ASI) increased by 17.76 absolute points, representing a growth of 0.07% to close at 25,327.13 points. Similarly, the overall Market Capitalization size gained N9.26 billion, representing an increase of 0.07% to close at N13.21 trillion.

MOBIL emerged as the top gainer while CILEASING emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; MOBIL (+10.00), WAPCO (+3.46), HONYFLOUR (+3.23%) DANGCEM (+0.52%) GUARANTY (+0.39%) and BUACEMENT (+0.25).

MARKET STATISTICS

CAP N13,212,924,969,239.29 One Day (ASI CHG) +0.07%
Index 25,327.13 One Week (ASI CHG) +0.39%
Volume 302,009,486 One Month (ASI CHG) +2.57%
Value N2,627,756,087.96 Six Months (ASI CHG) -3.39%
Deals 3,854 52 Weeks (ASI CHG) -7.99%
Gainers 11 Losers 17
Unchanged 72 Total 100
YTD -5.64%

Source: NSEGTI Research

FOREIGN EXCHANGE

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The Naira at the official window today (Monday) closed at 379.00/$1, unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N386.50, traded high at N386.00, and eventually closed at N385.67, unchanged against the previous day’s closing position. A total of $12.09 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate today (Monday) closed at 9.60%, representing a 5.30% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 9.10%, representing a 4.80% depreciation against the previous day’s position.

FIXED INCOME
Securities Close P. Close Change
Bond 350.96 350.44 +0.52 bps
T.Bills 139.34 138.18 +1.16 bps
Note: BPS=> Basis Points

Source: FMDQGTI Research

NASD OTC MARKET

The NASD OTC market today (Monday) closed as the Unlisted Securities Index (USI) closed at 711.15, unchanged against the previous day’s closing position. Similarly, Market Capitalization closed at N522.99 billion, unchanged against the previous day’s closing position. However, the aggregate volume decreased by 45.28% while the aggregated value increased by 41.74%, as investors traded a total of 7,560 shares, worth N916,689.20 in 7 deal.