Transactions on Customs street closed today (Monday) in a northward direction, opening the new week with a marginal growth of 0.02%. This was driven by price appreciation in Insurance, Banking, and Oil & Gas sectors.
Furthermore, the market breadth closed positively, recording 27 gainers as against 16 losers. In summary, the All-Share Index (ASI) increased by 8.00 absolute points, representing a gain of 0.02% to close at 38,220.01 points. Similarly, the overall Market Capitalization value gained N4.17 billion, representing an increase of 0.02% to close at N19.92 trillion.
CUTIX emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +10.00 while REDSTAREX emerged as a top loser (by percentage points) with a maximum price depreciation of -9.81%.
Today’s market upturn was driven by price appreciation in large and medium capitalized stocks amongst which are; NCR (+9.69%), REGALINS (+9.52%) WAPIC (+9.30%), MBENEFIT (+5.00%), OANDO (+3.65%), UCAP (+2.24%), LIVESTOCK (+2.15%), STANBIC (+1.86%), PZ (+1.75%), ACCESS (+1.74%), UBA (+1.36%), INTBREW (+0.94%) and ZENITH BANK (+0.42%).
MARKET STATISTICS
| CAP | N19,923,407,097,306.42 | One Day (ASI CHG) | +0.02% |
| Index | 38,220.01 | One Week (ASI CHG) | +1.69% |
| Volume | 282,624,981.00 | One Month (ASI CHG) | -1.31% |
| Value | N1,868,986,179.78 | Six Months (ASI CHG) | -5.39% |
| Deals | 4,788.00 | 52 Weeks (ASI CHG) | +57.05% |
| Gainers | 27 | Losers | 16 |
| Unchanged | 58 | Total | 101 |
| YTD Returns | -5.09% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| NGX30 | -0.04 |
| NGXBNK | 0.63 |
| NGXCNSMRGDS | -0.39 |
| NGXINDUSTR | -0.06 |
| NGXINS | 1.47 |
| NGXLOTUSISLM | -0.29 |
| NGXOILGAS | 0.51 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| CUTIX | 3.00 | 3.00 | 3.30 | 0.30 | 10.00 |
| NCR | 2.27 | 2.27 | 2.49 | 0.22 | 9.69 |
| REGALINS | 0.42 | 0.42 | 0.46 | 0.04 | 9.52 |
| UAC-PROP | 0.86 | 0.86 | 0.94 | 0.08 | 9.30 |
| WAPIC | 0.54 | 0.54 | 0.59 | 0.05 | 9.26 |
| UNITYBNK | 0.57 | 0.57 | 0.62 | 0.05 | 8.77 |
| SOVRENINS | 0.26 | 0.26 | 0.28 | 0.02 | 7.69 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| REDSTAREX | 3.67 | 3.67 | 3.31 | -0.36 | -9.81 |
| ABCTRANS | 0.37 | 0.37 | 0.34 | -0.03 | -8.11 |
| NPFMCRFBK | 1.72 | 1.72 | 1.60 | -0.12 | -6.98 |
| PRESCO | 74.50 | 74.50 | 70.00 | -4.50 | -6.04 |
| CHAMS | 0.21 | 0.21 | 0.20 | -0.01 | -4.76 |
| HONYFLOUR | 1.67 | 1.67 | 1.60 | -0.07 | -4.19 |
| DANGSUGAR | 18.40 | 18.40 | 17.65 | -0.75 | -4.08 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| ZENITHBANK | 24.10 | 13,713,571 | 330,433,270.00 |
| FLOURMILL | 29.40 | 9,579,311 | 279,020,416.25 |
| BUACEMENT | 71.50 | 1,833,229 | 122,451,906.85 |
| ACCESS | 8.75 | 11,623,377 | 100,565,277.55 |
| UBA | 7.45 | 13,392,472 | 99,330,772.50 |
| FBNH | 7.40 | 11,823,255 | 88,071,963.80 |
| GTCO | 29.30 | 2,605,057 | 76,616,471.25 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| FIDELITYBK | 2.30 | 28,094,407 | 64,532,321.76 |
| WEMABANK | 0.75 | 19,637,908 | 14,419,026.82 |
| UNIVINSURE | 0.20 | 18,025,335 | 3,605,067.00 |
| FCMB | 3.09 | 14,823,387 | 45,859,259.86 |
| SOVRENINS | 0.28 | 14,409,000 | 3,894,230.00 |
| STERLNBANK | 1.55 | 14,368,573 | 22,451,034.59 |
| ZENITHBANK | 24.10 | 13,713,571 | 330,433,270.00 |
The overnight (O/N) rate closed at 12.50%, appreciating by 0.50% against Thursday’s position. while Open Buy-Back (OBB) rate closed at 12.00%, appreciating 0.50% against Thursday’s position.
The Investors and Exporters (I&E) FX window opened at N411.98, traded high at N420.95, traded low at N400.00, and eventually closed at N411.25, representing 0.13% depreciation against Thursday’s closing position. However, at the BDC, the naira remains unchanged at N500.00.
Nigeria’s foreign reserve weakened by $44.23 million to $33.28 billion on (01/07/2021) from $33.32 billion on (30/06/2021), representing a 0.13% decline.
The Brent crude increased by $0.34 to $74.62 on (30/06/2021) from $74.28 (29/06/2021), representing a 0.34% increase in price. While Bonny Light also depreciated by $0.45 to $74.16 on (30/06/2021) from $74.61 on (29/06/2021)
