The Nigerian domestic bourse closed trading activities today (Monday) on a positive note. The bullish sentiment was buoyed by investors’ renewed confidence for recently depreciated bellwether stocks like MTNN, BUACEMENT, GUARANTY, and 14 others.
Consequently, the market indicators (NGX-ASI and market capitalization) expanded by 0.47%. However, the market breadth closed negatively recording 23 losers against 17 gainers.
In summary, the All-Share Index (ASI) appreciated by 180.93 absolute points, representing a growth of 0.47% to close at 38,437.88 points. Similarly, the overall Market Capitalization value gained N94.31 billion, representing an increase of 0.47% to close at N20.03trillion.
MRS emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +9.57%, while ROYALEX emerged as the top loser (by percentage points) with a maximum price depreciation of -9.88%.
Today’s market upturn was driven by price appreciation in large and medium capitalized stocks amongst which are; VITAFOAM (+8.91%), PZ (+3.77%), AIICO (+3.45%), CUSTODIAN (+3.42%), BUACEMENT (+2.78%), JBERGER (+2.70%), UAC-PROP (+2.56%), MAYBAKER (+2.30%), GUARANTY (+1.43%), MANSARD (+1.12%), MTNN (+0.99%), ETERNA (+0.53%), and NAHCO (+0.45%).
MARKET STATISTICS
| CAP | N 20,034,734,733,321.85 | One Day (ASI CHG) | +0.47% |
| Index | 38,437.88 | One Week (ASI CHG) | +0.25% |
| Volume | 201,857,280.00 | One Month (ASI CHG) | -0.89% |
| Value | N 2,119,759,747.82 | Six Months (ASI CHG) | +9.69% |
| Deals | 3,827.00 | 52 Weeks (ASI CHG) | +52.12% |
| Gainers | 17 | Losers | 23 |
| Unchanged | 59 | Total | 99 |
| YTD Returns | -4.55% |
Source: Ngxgroup.com, GTI Research
FOREIGN EXCHANGE
The Investors and Exporters (I&E) FX window opened at N411.01 and eventually closed at N412.00, representing a 0.24% depreciation against Friday’s closing position.
MONEY MARKET
The overnight (O/N) rate closed at 19.17%, representing a 5.67% appreciation as against Friday’s position. while Open Buy-Back (OBB) rate closed at 18.67%, representing a 5.67% appreciation as against Thursday’s position.
Sector Performance
| Security | Change Percent |
| NSE30 | 0.61 |
| NSEBNK | 0.32 |
| NSECNSMRGDS | -0.21 |
| NSEINDUSTR | 1.13 |
| NSEINS | -0.51 |
| NSELOTUSISLM | 0.72 |
| NSEOILGAS | 0.01 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| MRS | 11.5 | 11.5 | 12.6 | 1.1 | 9.57 |
| VITAFOAM | 10.1 | 10.1 | 11 | 0.9 | 8.91 |
| CHAMS | 0.2 | 0.2 | 0.21 | 0.01 | 5.00 |
| PZ | 5.3 | 5.3 | 5.5 | 0.2 | 3.77 |
| AIICO | 1.16 | 1.16 | 1.2 | 0.04 | 3.45 |
| CUSTODIAN | 5.85 | 5.85 | 6.05 | 0.2 | 3.42 |
| BUACEMENT | 72 | 72 | 74 | 2 | 2.78 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| ROYALEX | 0.81 | 0.81 | 0.73 | -0.08 | – 9.88 |
| CHIPLC | 0.73 | 0.73 | 0.66 | -0.07 | – 9.59 |
| NEIMETH | 1.88 | 1.88 | 1.72 | -0.16 | – 8.51 |
| MBENEFIT | 0.48 | 0.48 | 0.44 | -0.04 | – 8.33 |
| REGALINS | 0.49 | 0.49 | 0.45 | -0.04 | – 8.16 |
| SOVRENINS | 0.29 | 0.29 | 0.27 | -0.02 | – 6.90 |
| NPFMCRFBK | 1.79 | 1.79 | 1.67 | -0.12 | – 6.70 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| VERITASKAP | 0.2 | 29,780,000 | 5,956,000.00 |
| FIDELITYBK | 2.26 | 24,471,417 | 54,169,303.76 |
| ZENITHBANK | 23 | 20,927,180 | 481,177,730.80 |
| ACCESS | 8.2 | 15,400,935 | 126,369,247.00 |
| FBNH | 7.15 | 10,131,990 | 72,341,775.25 |
| SOVRENINS | 0.27 | 9,849,034 | 2,662,953.12 |
| MBENEFIT | 0.44 | 7,281,769 | 3,275,011.76 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| ZENITHBANK | 23 | 20,927,180 | 481,177,730.80 |
| SEPLAT | 688 | 436,771 | 298,524,717.60 |
| NESTLE | 1400 | 143,445 | 200,773,041.60 |
| DANGCEM | 212.5 | 678,746 | 144,654,240.90 |
| FLOURMILL | 28 | 4,627,795 | 128,156,442.30 |
| ACCESS | 8.2 | 15,400,935 | 126,369,247.00 |
| GUARANTY | 28.4 | 3,825,432 | 108,317,558.90 |
