Price Appreciation on Dangote Cement and 30 Others Added N144 billion to Investors’ Wealth

0
Price Appreciation on Dangote Cement and 30 Others Added N144 billion to Investors’ Wealth
The local bourse today (Friday) closed its last transactions for the week on a positive note, as bargain-hunting on 31 medium and large capitalized stocks added N144.87 billion to market capitalization value. As a result, market breadth strengthened to 2.98x, recording 31 gainers as against 11 losers.

In summary, the All-Share Index (ASI) gained 277.25 absolute points, representing an increase of 0.90% to close at 31,016.17 points, Likewise, the overall Market Capitalization value also gained N144.87 billion, representing an increase of 0.90% to close at N16.206 trillion.

Price Appreciation on Dangote Cement and 30 Others Added N144 billion to Investors’ Wealth

ETI emerged top of the gainers’ table today, while MANSARD emerged top of the gainers’ chart.

The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; ETI (+9.80%), TRANSCORP (+8.97%),  CHIPLC (+8.82%), WEMABANK (+6.67%), FBNH (+6.20%), DANGSUGAR (+6.11%) GUINNESS (+5.74%), GUARANTY (+3.72%), UCAP (+3.70%), DANGCEM  (+3.25%), and ACCESS (+3.25%).

MARKET STATISTICS

CAPN16,206,881,589,339.69One Day (ASI CHG)+0.90%
Index31,016.17One Week (ASI CHG)+1.59%
Volume637,494,737.00One Month (ASI CHG)+8.32%
ValueN5,229,083,440.73Six Months (ASI CHG)+28.47%
Deals6,354.0052 Weeks (ASI CHG)+18.28%
Gainers31Losers11
Unchanged104Total96
YTD Returns+15.55

Source: NSE, GTI Research

Sector Performance

Sector%    Change
NSE30+1.02
BANKING+3.39
CONSUMER GOODS+0.60
INDUSTRIAL+0.05
INSURANCE-2.68
LOTUS ISLAMIC+0.36
OIL/GAS-0.21

 

Top 7 Traders By Volume

CompanyVolumeValue (₦)Closing Price (₦)
OMOMORBNK  139,500,000.00    83,700,000.000.6
FBNH    91,365,699.00  594,947,173.706.85
STERLNBANK    51,504,330.00    93,696,826.201.82
ACCESS    47,270,720.00  382,073,853.508.2
UBA    44,549,449.00  356,442,283.408.15
ZENITHBANK    29,511,202.00  650,209,908.5522.3
DANGSUGAR    18,935,023.00  299,107,124.9516.5

 

Top 7 Traders By Value

CompanyVolumeValue (₦)Closing Price (₦)
STANBIC    14,264,186.00  656,121,583.5046
ZENITHBANK    29,511,202.00  650,209,908.5522.3
FBNH    91,365,699.00  594,947,173.706.85
FLOURMILL    15,040,963.00  395,922,595.3027.2
ACCESS    47,270,720.00  382,073,853.508.2
UBA    44,549,449.00  356,442,283.408.15
GUARANTY    10,515,120.00  347,229,014.1033.5

 

NASD OTC MARKET

Trading activities on the NASD OTC market counter today (Friday) closed southward, as the Unlisted Securities Index (USI) and the Market Capitalization value both fell by 0.19% to 719.31 absolute points and N528.38 billion respectively, from 720.69 absolute points and N529.39 billion in the prior session.

However, the Volume and Value total trades today rose by 5,559.81% and 11,860.74% compared to the prior session position to settle at 332,627 and N95.15 million respectively, in 8 deals.