Stock Market Extends Bullish Run, As NSE-ASI Surges By 0.43%

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The Nigeria Local Bourse today (Tuesday) closed trading activities on a positive note to extend its bullish run to three consecutive trading sessions, as the market performance indicators grew by 0.43%. The price appreciation was sustained by investors buy-interests in bellwethers stocks.

Consequently, the market breadth closed positively, recording 24 gainers and 12 losers.

In summary, the All-Share Index (ASI) grew by  16.56 absolute points, representing a growth of 0.43% to close at 39,015.58 points. While the overall Market Capitalization value gained N87.69 billion, representing an increase of 0.43% to close at N20.42 trillion.

PZ and HONYFLOUR emerged as the joint-top gainer (by percentage points) for today, with a maximum price appreciation of +10.00%, while ROYALEX emerged as the top loser (by percentage points) with a maximum price depreciation of -10.00%.

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; SOVRENINS (+8.00%), NEM (+7.50%), STERLINGBANK (+4.90%), UCAP (+3.85%), FIDELITY (+3.81%), ETI (+3.09%), ZENITH (+2.77%), ARDOVA (+2.45%), INTBREW (+1.79%), GUARANTY (+1.69%) DANGSUGAR (+1.49%), MTNN (+1.04%)AFRIPRUD (+0.95%), and UBA (+0.71%).

MARKET STATISTICS

CAP N20,418,663,676,029.80 One Day (ASI CHG) +0.43%
Index 39,015.58 One Week (ASI CHG) +1.07%
Volume 339,018,342.00 One Month (ASI CHG) +1.65%
Value N2,703,177,525.43 Six Months (ASI CHG) +36.10%
Deals 4,203.00 52 Weeks (ASI CHG) +70.22%
Gainers 24 Losers 12
Unchanged 67 Total 103
YTD Returns -3.12%
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Source: Ngxgroup.comGTI Research 

FOREIGN EXCHANGE

The Naira at the official rate remains unchanged to close at N379.00/$1 as against Monday’s position.

The Investors and Exporters (I&E) FX window opened at N409.50 traded high at N437.41 and eventually closed at N410.67which depreciated by 0.08% against Monday’s position. Also, a total of $69.71 million was transacted through the I&E window today.

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MONEY MARKET

The overnight (O/N) rate closed at 12.50%, representing a 0.00% change against Monday’s position, while Open Buy-Back (OBB) rate closed at 12.25%,  representing a 0.00% change against Monday’s position.

Sector Performance

Security Change Percent
NSE30 0.52
NSEBNK 1.75
NSECNSMRGDS 0.38
NSEINDUSTR
NSEINS 1.12
NSELOTUSISLM 0.36
NSEOILGAS -0.03

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
HONYFLOUR 1.3 1.3 1.43 0.13         10.00
PZ 4.5 4.5 4.95 0.45         10.00
SOVRENINS 0.25 0.25 0.27 0.02           8.00
NEM 2 2 2.15 0.15           7.50
JOHNHOLT 0.51 0.51 0.54 0.03           5.88
STERLNBANK 1.43 1.43 1.5 0.07           4.90
CUSTODIAN 5.75 5.75 6 0.25           4.35

Top 7 Losers

Security Previous Close Open Price Close Price Change Price  % Change 
ROYALEX 0.4 0.4 0.36 -0.04 –      10.00
PORTPAINT 2.93 2.93 2.64 -0.29 –        9.90
FTNCOCOA 0.45 0.45 0.41 -0.04 –        8.89
CHAMS 0.22 0.22 0.21 -0.01 –        4.55
LIVESTOCK 1.85 1.85 1.8 -0.05 –        2.70
UACN 10.85 10.85 10.6 -0.25 –        2.30
JAIZBANK 0.61 0.61 0.6 -0.01 –        1.64
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Top 7 Traders By Volume

Security Close Price  Daily Volume   Daily Value
FIDELITYBK 2.18      125,256,521            265,641,111.15
ZENITHBANK 22.25         26,177,765            574,955,589.30
UACN 10.6         25,824,378            280,336,181.85
GUARANTY 30         22,762,238            683,072,247.00
FBNH 7.65         21,123,660            161,578,456.70
ACCESS 7.5         20,401,729            152,983,831.00
TRANSCORP 0.78         12,390,137                 9,654,434.96

Top 7 Traders By Value

Security Close Price  Daily Volume   Daily Value 
GUARANTY 30         22,762,238            683,072,247.00
ZENITHBANK 22.25         26,177,765            574,955,589.30
UACN 10.6         25,824,378            280,336,181.85
FIDELITYBK 2.18      125,256,521            265,641,111.15
FBNH 7.65         21,123,660            161,578,456.70
ACCESS 7.5         20,401,729            152,983,831.00
MTNN 165               605,639              99,978,312.50
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