Transactions on Customs street Wednesday closed on a positive note as the All-Share-Index appreciated by 0.14% to sustain the previous positive sentiment to two consecutive trading days.
Brandewsday gathers that the uptrend was supported by value appreciation on some bellwether stocks like JAPAULOIL, GUARANTY, ZENITH BANK and 10 others.
Consequently, the market breadth closed at par, recording 13 gainers as against 13 losers.
In summary, the All-Share Index (ASI) increased by 34.83 absolute points, representing a growth of 0.14% to close at 25,171.32 points. Similarly, the overall Market Capitalization size gained N18.20 billion, representing an increase of 0.14% to close at N13.13 trillion.
The market upturn was paired with weak trading activity, as total volumes and values traded on the local bourse dipped by -33.58% and -37.56% respectively, to a total of 180.10 million shares valued at N1.54 billion, in 3,108 deals.
STUDPRESS emerged as the top gainer while CAP emerged as the top loser.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; JAPAULOIL (+5.00%), GUARANTY (+1.20%), UCAP (+0.94%), ZENITH BANK (+0.90%), UBA (+0.75%) and FIDELITYBK (+0.56%).
| CAP | N13,130,941,199,485.62 | One Day (ASI CHG) | +0.14% |
| Index | 25,171.32 | One Week (ASI CHG) | +0.12% |
| Volume | 180,010,447 | One Month (ASI CHG) | +3.72% |
| Value | N1,536,323,055.52 | Six Months (ASI CHG) | -8.63% |
| Deals | 3,108 | 52 Weeks (ASI CHG) | -7.17% |
| Gainers | 13 | Losers | 13 |
| Unchanged | 60 | Total | 94 |
| YTD | -6.22% |
Source: NSE, GTI Research
The Naira at the official window today (Tuesday) closed at 381.00/$1, unchanged against the previous day’s position.
The Investors and Exporters (I&E) FX window opened at N386.03, traded high at N386.00, and eventually closed at N385.98, representing a 0.05% depreciation against the previous day’s closing position. A total of $20.27 million was transacted through the I&E window today.
Overnight(O/N) rate today (Tuesday) closed at 16.00%, representing a 1.50% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 15.25%, representing a 1.15% depreciation against the previous day’s position.
| FIXED INCOME | |||
| Securities | Close | P. Close | Change |
| Bond | 335.61 | 335.78 | -0.17 bps |
| T.Bills | 146.43 | 148.39 | -1.96 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
The NASD OTC market today (Wednesday) closed on a negative note as the Unlisted Securities Index (USI) closed at 709.43, representing a 0.15% depreciation against the previous day’s closing position. Similarly, Market Capitalization shed N780 million, to close at N521.12 billion, representing a 0.15% depreciation against the previous day’s closing position. Consequently, the aggregate volume increased by 42.45% while the aggregated value decreased by 14.51%, as investors traded a total of 761,395 shares, worth N61.04 million in 8 deal.
| Sector | % Change |
| NSE30 | 0.18 |
| BANKING | 0.81 |
| CONSUMER GOODS | 0.19 |
| INDUSTRIAL | -0.04 |
| INSURANCE | 0.41 |
| LOTUS ISLAMIC | -0.01 |
| OIL/GAS | 0.00 |
| Company | Pclose | Open | Close | Change | % Change |
| STUDPRESS | 1.80 | 1.80 | 1.98 | 0.18 | 10.00 |
| INTBREW | 2.80 | 2.80 | 3.00 | 0.20 | 7.14 |
| JAIZBANK | 0.56 | 0.56 | 0.59 | 0.03 | 5.36 |
| MBENEFIT | 0.20 | 0.20 | 0.21 | 0.01 | 5.00 |
| JAPAULOIL | 0.20 | 0.20 | 0.21 | 0.01 | 5.00 |
| AIICO | 0.91 | 0.91 | 0.93 | 0.02 | 2.20 |
| WEMABANK | 0.50 | 0.50 | 0.51 | 0.01 | 2.00 |
| Company | Pclose | Open | Close | Change | % Change |
| CAP | 17.00 | 17.00 | 15.30 | -1.70 | -10.00 |
| ROYALEX | 0.31 | 0.31 | 0.28 | -0.03 | -9.68 |
| PZ | 4.25 | 4.25 | 3.85 | -0.40 | -9.41 |
| UPL | 1.22 | 1.22 | 1.13 | -0.09 | -7.38 |
| GLAXOSMITH | 5.20 | 5.20 | 4.85 | -0.35 | -6.73 |
| CHAMS | 0.21 | 0.21 | 0.20 | -0.01 | -4.76 |
| NAHCO | 2.20 | 2.20 | 2.11 | -0.09 | -4.09 |
| Company | Volume | Value(₦) | Current Price |
| ZENITH BANK | 35,942,914 | 605,179,633 | 16.90 |
| ACCESS | 29,078,795 | 187,392,948 | 6.40 |
| TRANSCORP | 16,488,807 | 10,136,531 | 0.61 |
| UBA | 12,489,776 | 83,194,989 | 6.70 |
| FBNH | 10,532,256 | 52,607,033 | 5.00 |
| GUARANTY | 8,028,667 | 201,252,314 | 25.20 |
| LASACO | 7,765,057 | 2,354,139 | 0.30 |
| Company | Volume | Value(₦) | Current Price |
| ZENITHBANK | 35,942,914 | 605,179,633.45 | 16.90 |
| GUARANTY | 8,028,667 | 201,252,313.90 | 25.20 |
| ACCESS | 29,078,795 | 187,392,947.95 | 6.40 |
| CAP | 5,746,067 | 89,937,770.60 | 15.30 |
| UBA | 12,489,776 | 83,194,989.00 | 6.70 |
| NESTLE | 54,783 | 61,694,250.60 | 1175.00 |
| FBNH | 10,532,256 | 52,607,032.95 | 5.00 |
GTI Research
There were tentative signs of improvement in the Nigerian private sector during the final month…
Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings and a leading life insurance…
It is a black Sunday in South Korea as the Jeju Air Plane Crash news hits…
Black Market Dollar To Naira Exchange Rate Today In Lagos, FCT, 29 December 2024. BrandNewsDay…
TeamApt Ltd’s Managing Director, Dennis Ajalie, has said that fintech companies and banks play very…
In a remarkable demonstration of resilience and strategic adaptation, Stanbic IBTC Bank, a member of…
This website uses cookies.