The Nigerian equities market shed 0.43%, as the rout in equities prices extend the previous day’s trading loss, as a result of investors’ negative sentiment. NGX- ASI decreased to 44,454.67 from 44,604.74, while the YTD return of the index dipped to +4.07% from +4.42%. The total market capitalization decreased to N23.95 from N24.03trn as investors lost N80.86bn.
The market turnover decreased to N9.83bn from N3.66bn, while market breadth was negative at 0.82x as 14 stocks advanced against 17 stocks that declined, 69 stocks remained unchanged. The share price of FIDSON increased by 9.65% to top the gainer’s chart, while SUNUASSURANC lost -8.82% to lead the losers’ chart.
Stocks whose share prices decreased during intra-day trading include: SUNUASSURANCE(-8.82%), CUTIX(-7.17%), MBENEFIT(-3.57%), JAIZBANK(-2.86%), ROYALEX(-2.44%), JAPAULGOLD(-2.33%), UNITYBANK(-2.00%), LINKASSURE(-1.89%), DANGCEM(-1.82%), LASACO(-1.79%), CHIPLC(-1.47%), NGXGROUP(-1.24%), NPFMCRF(-1.05%), GTCO(-0.98%), ETI(-0.58%) and FLOURMILLS(-0.18%),
MARKET STATISTICS
| CAP | N23,951,352,222,031.47 | One Day (ASI CHG) | -0.34% |
| Index | 44,454.67 | One Week (ASI CHG) | +1.37% |
| Volume | 405,741,232 | One Month (ASI CHG) | +5.05% |
| Value | N9,827,677,718.19 | Six Months (ASI CHG) | +17.38% |
| Deals | 3,880 | 52 Weeks (ASI CHG) | +8.52% |
| Gainers | 14 | Losers | 17 |
| Unchanged | 69 | Total | 100 |
| YTD Returns | +4.07% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.34 |
| NGX30 | -0.34 |
| NGXBNK | 0.26 |
| NGXCNSMRGDS | 0.18 |
| NGXINDUSTR | -0.94 |
| NGXINS | -0.69 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| FIDSON | 6.84 | 6.84 | 7.5 | 0.66 | 9.65 |
| JBERGER | 22 | 22 | 22.8 | 0.8 | 3.64 |
| STERLNBANK | 1.52 | 1.52 | 1.57 | 0.05 | 3.29 |
| UPDC | 1.15 | 1.15 | 1.18 | 0.03 | 2.61 |
| REGALINS | 0.45 | 0.45 | 0.46 | 0.01 | 2.22 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| SUNUASSUR | 0.34 | 0.34 | 0.31 | -0.03 | -8.82 |
| CUTIX | 2.65 | 2.65 | 2.46 | -0.19 | -7.17 |
| MBENEFIT | 0.28 | 0.28 | 0.27 | -0.01 | -3.57 |
| JAIZBANK | 0.7 | 0.7 | 0.68 | -0.02 | -2.86 |
| ROYALEX | 0.82 | 0.82 | 0.80 | -0.02 | -2.44 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| BUAFOODS | 66 | 102,569,612 | 6,761,053,104.10 |
| TRANSCORP | 1.14 | 97,184,006 | 110,211,780.77 |
| ACCESS | 9.5 | 33,239,768 | 315,798,162.70 |
| FBNH | 12 | 26,552,458 | 318,640,334.40 |
| JAIZBANK | 0.68 | 25,940,315 | 17,815,607.44 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| BUAFOODS | 66.00 | 102,569,612 | 6,761,053,104.10 |
| MTNN | 190.00 | 3,630,312 | 689,576,622.20 |
| GTCO | 25.20 | 17,591,461 | 445,498,088.65 |
| FBNH | 12.00 | 26,552,458 | 318,640,334.40 |
| ACCESS | 9.50 | 33,239,768 | 315,798,162.70 |
OUTLOOK
The bearish performance of the equity market today was mainly due to sell-offs in the Insurance and Industrial sectors, the third consecutive for the week. We expect bullish sentiments to return as investors look forward to corporate results for 2021 .
