Buhari bump sends Nigerian All share index to highest one day gain ever!!

The wind of change seemed to have blown across the equities market as the NSEASI surged by 8.33%. Volume and value traded increased by 132.33% and 116.45% respectively with FBNH and GUARANTY leading the volume and value charts accordingly.
Market breadth (22.67x) skewed in favour of gainers as 68 stocks gained against 3 decliners. LOTUSHAL15 led the advancers with a 10.30% gain, followed by DANGCEM, WAPCO, and UACN, which all returned 10.25% apiece, while FO rose10.24%. On the flip side, FIDSON led the decliners with a 4.79% decrease in share value while INTENEGINS and OKOMUOIL made up the balance having shed 1.85% and 0.30% in that order

All indices closed positive with the NSEBNK10 gaining the most (8.88%) while NSEINS10 appreciated the least (1.42 %).

Various reports suggest this was the highest one day historical gain ever with over 2,635.32 points and N903.4billion in value gains.

We anticipate that the expectation of a seamless transition process will translate into renewed vigour for the market and consequently boost investors’ confidence. We therefore envisage a continuance of the current mood in the market for the rest of the week
Source: Meristem/Nairametrics

Ticker	Previous	Close	%age Gain
7UP	156	156	0%
ABCTRANS	0.55	0.57	4%
ACCESS	6.1	6.69	10%
AFRIPRUD	2.67	2.84	6%
AGLEVENT	1.24	1.24	0%
AIICO	0.9	0.94	4%
ALEX	10.43	10.43	0%
ASHAKACEM	20.39	21.4	5%
BERGER	8	8.4	5%
BETAGLAS	22.57	23.69	5%
CADBURY	38.5	39.52	3%
CAP	34	34	0%
CAVERTON	3	3.15	5%
CCNN	11.52	12.6	9%
CHAMPION	7.02	7.37	5%
CHAMS	0.5	0.5	0%
CILEASING	0.5	0.5	0%
CONOIL	39.13	39.13	0%
CONTINSURE	0.9	0.94	4%
COSTAIN	0.61	0.67	10%
COURTVILLE	0.5	0.5	0%
CUSTODYINS	4	4.12	3%
CUTIX	1.45	1.59	10%
CWG	4	4	0%
DANGCEM	160	176.4	10%
DANGFLOUR	3.88	3.88	0%
DANGSUGAR	7.03	7.74	10%
DIAMONDBNK	4.05	4.46	10%
DNMEYER	0.83	0.83	0%
DUNLOP	0.5	0.5	0%
ETERNA	3.05	3.2	5%
ETI	18	18.9	5%
EVANSMED	2.05	2.05	0%
FBNH	8.7	9.57	10%
FCMB	2.88	3.17	10%
FIDELITYBK	1.72	1.89	10%
FIDSON	3.76	3.58	-5%
FLOURMILL	35.17	36.92	5%
FO	215	195.22	-9%
FTNCOCOA	0.5	0.5	0%
GLAXOSMITH	44.1	46.3	5%
GNI	0.5	0.5	0%
GUARANTY	26.25	28.93	10%
GUINNESS	132.19	138.79	5%
HONYFLOUR	3	3.15	5%
IKEJAHOTEL	4.5	4.68	4%
INTBREW	18.9	20.83	10%
INTENEGINS	0.54	0.53	-2%
JAPAULOIL	0.5	0.5	0%
JBERGER	43.75	47.25	8%
JOHNHOLT	0.94	0.94	0%
LEARNAFRCA	1.12	1.17	4%
LIVESTOCK	2.16	2.37	10%
MANSARD	3.05	3.05	0%
MAYBAKER	1.52	1.59	5%
MOBIL	159.95	167.94	5%
MORISON	1.82	1.82	0%
MRS	50.54	50.54	0%
NAHCO	5.81	6.3	8%
NASCON	7.5	7.87	5%
NB	143.7	158.34	10%
NCR	12.19	12.19	0%
NEIMETH	0.73	0.73	0%
NEM	0.69	0.72	4%
NESTLE	845	892	6%
NNFM	18.05	18.05	0%
NPFMCRFBK	0.99	1.03	4%
OANDO	14.5	15.98	10%
OKOMUOIL	29.84	29.75	0%
PAINTCOM	1.4	1.4	0%
PRESCO	27.79	29.17	5%
PZ	27.8	29.19	5%
REDSTAREX	3.6	3.6	0%
ROYALEX	0.5	0.52	4%
RTBRISCOE	0.73	0.76	4%
SEPLAT	398	429.5	8%
SKYEBANK	2.4	2.64	10%
STANBIC	28.68	31.61	10%
STERLNBANK	2.17	2.37	9%
TANTALIZER	0.5	0.5	0%
THOMASWY	0.73	0.73	0%
TOTAL	180	180.01	0%
TRANSCORP	3.14	3.45	10%
TRANSEXPR	1.23	1.29	5%
UACN	32.4	35.72	10%
UAC-PROP	10.1	10.6	5%
UBA	4.06	4.47	10%
UBCAP	1.39	1.52	9%
UBN	10.16	10.66	5%
UNILEVER	42.2	44.8	6%
UNIONDAC	0.5	0.5	0%
UNITYBNK	0.5	0.5	0%
UNITYKAP	0.5	0.5	0%
UPDCREIT	10	10	0%
UPL	4.7	4.7	0%
VITAFOAM	4	4.1	2%
VONO	0.85	0.85	0%
WAPCO	84	92.61	10%
WAPIC	0.5	0.54	8%
WEMABANK	0.98	1.02	4%
ZENITHBANK	20.98	23.12	10%

Leave a Reply Cancel reply

Related Stories