Financial and Consumer Goods Sectors Advances NGX-ASI by 0.15%

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Consumer Goods

Transactions on the Nigerian Equity market closed for today (Tuesday) on a positive trajectory as the market recovers by N29 billion. The positive performance was buoyed by investors’ buying interest on recently depreciated medium and large-scale stocks.

Consequently, the market indicators (NGX-ASI) increased by 0.15%. Furthermore, the market breadth closed positively, recording 28 gainers as against 13 losers.

In summary, the All-Share Index (ASI) grew by 55.50 absolute points, representing an increase of 0.15% to close at 37,640.75 points. Similarly, the overall Market Capitalization value gained N28.93 billion, representing a surge of 0.15% to close at N19.62 trillion.

Consumer Goods

IKEJA HOTEL and LINKASSURE emerged as the joint-top gainer (by percentage points) for today, with a maximum price appreciation of +10.00 while BOCGAS emerged as a  top loser (by percentage points) with a maximum price depreciation of -5.17%.

Today’s market upturn was driven by price appreciation in large and medium capitalized stocks amongst which are; CADBURY (+9.62%), HONYFLOUR (+9.46%) FCMB (+8.06%), ROYALEX (+5.17%) OKOMUOIL (+4.27%), JAPAULGOLD(+4.17%), DANGSUGAR (+4.17%), UBN (+3.74%), TRANSCORP(+3.45%), OANDO (+3.09%), STERLNBANK (+2.55%), VITAFOAM (+2.05%), FBNH (+1.39%), AIICO (+0.96%), STANBIC (+0.50%), ZENITHBANK (+0.42%), and NB (+0.25%).

MARKET STATISTICS

CAP N19,621,450,269,200.34 One Day (ASI CHG) +0.15%
Index 37,640.75 One Week (ASI CHG) -0.55%
Volume 229,009,903 One Month (ASI CHG) -1.61%
Value N2,730,080,185.54 Six Months (ASI CHG) -3.76%
Deals 3,678 52 Weeks (ASI CHG) +51.42%
Gainers 28 Losers 13
Unchanged 58 Total 99
YTD Returns -6.53%

Source: Ngxgroup.comGTI Research 

Sector Performance

Security Change Percent
NGX30 0.23
NGXBNK 0.25
NGXCNSMRGDS 0.29
NGXINDUSTR 0.00
NGXINS 2.22
NGXLOTUSISLM 0.29
NGXOILGAS -0.86

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
LINKASSURE 0.70 0.70 0.77 0.07 10.00
IKEJAHOTEL 1.10 1.10 1.21 0.11 10.00
CADBURY 7.80 7.80 8.55 0.75 9.62
HONYFLOUR 1.48 1.48 1.62 0.14 9.46
CHIPLC 0.58 0.58 0.63 0.05 8.62
FCMB 3.10 3.10 3.35 0.25 8.06
MBENEFIT 0.40 0.40 0.43 0.03 7.50
Read Also:  Local Bourse Closes The Week In Red, NGX ASI Sheds 68bps

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % change
JAIZBANK 0.58 0.58 0.55 -0.03 -5.17
VERITASKAP 0.25 0.25 0.24 -0.01 -4.00
UNITYBNK 0.55 0.55 0.53 -0.02 -3.64
PZ 5.85 5.85 5.65 -0.20 -3.42
FLOURMILL 29.80 29.80 29.05 -0.75 -2.52
UNILEVER 13.20 13.20 12.95 -0.25 -1.89
SEPLAT 700.00 700.00 690.00 -10.00 -1.43

Top 7 Traders By Value

Security  Daily Volume   Daily Value  Close Price
GTCO    13,428,396.00    401,146,241.25 30.00
SEPLAT          536,083.00    369,891,240.90 690.00
NB      5,513,780.00    330,404,147.60 60.00
ZENITHBANK    11,149,083.00    265,319,910.40 23.75
TOTAL      1,533,224.00    214,708,269.40 145.00
DANGCEM          694,662.00    153,382,277.80 221.00
FCMB    40,703,647.00    133,656,921.41 3.35

Top 7 Traders By Volume

Security  Daily Volume   Daily Value  Close Price
FCMB    40,703,647.00    133,656,921.41 3.35
CUSTODIAN    15,814,050.00      95,689,887.65 6.05
GTCO    13,428,396.00    401,146,241.25 30.00
ZENITHBANK    11,149,083.00    265,319,910.40 23.75
JAIZBANK    10,688,396.00         5,927,253.36 0.55
MANSARD    10,452,069.00         9,390,797.12 0.90
ACCESS      9,407,099.00      79,896,384.50 8.50

 

The overnight (O/N) rate closed at 17.25%, representing 2.00% depreciation against Monday’s position. while Open Buy-Back (OBB) rate closed at 16.75%, representing 1.75% depreciation against Monday’s position.

The Investors and Exporters (I&E) FX window opened at N411.01, traded high

at N420.90, traded low at N400.00, and eventually closed at N410.83, representing 0.11% appreciation against Monday’s closing position. However, at the BDC, the naira remains unchanged at N500.00.

Nigeria’s foreign reserve weakened by $103.02 million to $33.42 billion on (28/06/2021) from $33.52 billion on (25/06/2021), representing a 0.31% decline.

The Brent crude increased by $0.31 to $74.81 on (24/06/2021) from $74.50 (23/06/2021), representing a 0.42% increase in price. While Bonny Light declined by $0.34 to $74.74 on (24/06/2021) from $75.08 on (23/06/2021)