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% |
Source: Ngxgroup.com, GTI 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 N410.67, which depreciated by 0.08% against Monday’s position. Also, a total of $69.71 million was transacted through the I&E window today.
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 | 0 |
| 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 |
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 |
