The Nigerian equities market gained 0.30%,as the rout in equities prices extends Wednesday’s gain. NGX- ASI increased to 43,607.94 from 43,476.75, while the YTD return of the index further rose to +2.09% from +1.78%. The total market capitalization increased to N23.50trn from N23.43trn as investors gained N70.69bn.
The market turnover decreased to N2.13bn from N42.97bn, while market breadth was positive at 1.85x as 24 stocks advanced against 13 stocks that declined, 79 stocks remained unchanged. The share price of BUAFOODS increased by 10.00% to top the gainers chart, while SUNUASSUR lost -9.76% to lead the losers’ chart.
Stocks whose share prices increased during intra-day trading include: BUAFOODS(10.00%), ACADEMY(9.09%), MEYER(8.70%), REGALINS(6.67%), LIVESTOCK(6.22%), UACN(5.56%), ROYALEX(5.19%), JAPAULGOLD(5.13%), UBN(3.70%), MBENEFIT(3.33%), WAPCO(3.11%), UCAP(2.51%), NGXGRP(2.50%), FCMB(2.04%), LASACO(1.82%), FBNH(1.77%), JAIZBNK(1.72%), ACCESS(1.60%), AFRIPRUD(1.59%), MAYBAKER(0.98%), NNFM(0.69%), UBA(0.62%), HONYFLOUR(0.29%) and ZENITHBNK(0.20%).
MARKET STATISTICS
| CAP | N23,497,203,186,805.28 | One Day (ASI CHG) | +0.30% |
| Index | 43,607.94 | One Week (ASI CHG) | +4.29% |
| Volume | 174,610,725.00 | One Month (ASI CHG) | +3.81% |
| Value | N2,132,881,352.82 | Six Months (ASI CHG) | +13.51% |
| Deals | 3,715.00 | 52 Weeks (ASI CHG) | +7.77% |
| Gainers | 24 | Losers | 13 |
| Unchanged | 79 | Total | 116 |
| YTD Returns | +2.09% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.30 |
| NGX30 | -0.08 |
| NGXBNK | 0.44 |
| NGXCNSMRGDS | -0.12 |
| NGXINDUSTR | -0.39 |
| NGXINS | -1.35 |
| NGXLOTUSISLM | -0.12 |
| NGXOILGAS | -0.90 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| BUAFOODS | 44.00 | 44.00 | 48.40 | 4.40 | 10.00 |
| ACADEMY | 0.55 | 0.55 | 0.60 | 0.05 | 9.09 |
| MEYER | 0.46 | 0.46 | 0.50 | 0.04 | 8.70 |
| REGALINS | 0.45 | 0.45 | 0.48 | 0.03 | 6.67 |
| LIVESTOCK | 1.93 | 1.93 | 2.05 | 0.12 | 6.22 |
| UACN | 9.00 | 9.00 | 9.50 | 0.50 | 5.56 |
| ROYALEX | 0.77 | 0.77 | 0.81 | 0.04 | 5.19 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| SUNUASSUR | 0.41 | 0.41 | 0.37 | -0.04 | -9.76 |
| NEM | 4.50 | 4.50 | 4.15 | -0.35 | -7.78 |
| FTNCOCOA | 0.39 | 0.39 | 0.36 | -0.03 | -7.69 |
| OANDO | 4.85 | 4.85 | 4.60 | -0.25 | -5.15 |
| UNILEVER | 14.50 | 14.50 | 14.00 | -0.50 | -3.45 |
| ETI | 8.90 | 8.90 | 8.65 | -0.25 | -2.81 |
| COURTVILLE | 0.38 | 0.38 | 0.37 | -0.01 | -2.63 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| FBNH | 11.50 | 27,092,946.00 | 307,295,893.00 |
| UBA | 8.10 | 22,026,842.00 | 177,521,867.85 |
| TRANSCORP | 0.97 | 11,996,487.00 | 11,725,395.01 |
| BUAFOODS | 48.40 | 11,289,437.00 | 544,692,788.80 |
| ZENITHBANK | 25.35 | 10,267,378.00 | 260,603,050.05 |
| NGXGROUP | 20.50 | 6,608,994.00 | 134,255,689.40 |
| FTNCOCOA | 0.36 | 6,451,721.00 | 2,329,052.34 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| BUAFOODS | 48.40 | 11,289,437.00 | 544,692,788.80 |
| FBNH | 11.50 | 27,092,946.00 | 307,295,893.00 |
| ZENITHBANK | 25.35 | 10,267,378.00 | 260,603,050.05 |
| UBA | 8.10 | 22,026,842.00 | 177,521,867.85 |
| NGXGROUP | 20.50 | 6,608,994.00 | 134,255,689.40 |
| DANGCEM | 250.00 | 421,531.00 | 104,920,340.30 |
| GTCO | 25.90 | 3,690,205.00 | 95,579,407.35 |
OUTLOOK
Today’s market uptrend makes the third round for the gaining momentum this year, as investors continue their bargain hunting. With the gaining streak so far and activities gradually resuming for the year, we watch out for changes and occurrences that will shape and influence market investment decisions.
