The Nigerian equities market grew by 0.15%, as the rout in equities prices remained positive. The NGX- ASI increased to 45,957.35 from 45,890.52, while the YTD return of the index further rose to +7.59% from +7.43%. The total market capitalization increased to N24.76trn from N24.72trn as investors gained N36.01bn.
The market turnover decreased to N2.41bn from N31.54bn, while market breadth was positive at 1.91x as 21 stocks advanced against 14 stocks that declined, 72 stocks remained unchanged. The share price of NNFM increased by 9.72% to top the gainer’s chart, while REGALINS declined by –4.55% to lead the losers’ chart.
Stocks whose share prices increased during intra-day trading include: NNFM (+9.72%), COURTVILLE (+9.52%), VITAFOAM (+5.46%), FTNCOCOA (+5.41%), SEPLAT (+4.86%), TRANSCORP (+4.85%), NAHCO (+4.44%), MBENEFIT (+3.85%), AIICO (+2.50%), FCMB (+1.69%), NB (+1.48%), GTCO (+1.18%), ETI (+1.12%), NGXGROUP (+0.99%), FLOURMILL (+0.88%), AFRIPRUD (+0.76%), and OANDO (+0.21%).
Click here for more on price list
MARKET STATISTICS
| CAP | N24,760,968,321,230.21 | One Day (ASI CHG) | +0.15% |
| Index | 45,957.35 | One Week (ASI CHG) | +3.38% |
| Volume | 281,586,198 | One Month (ASI CHG) | +8.42% |
| Value | N2,412,110,753.99 | Six Months (ASI CHG) | +21.09% |
| Deals | 3,739 | 52 Weeks (ASI CHG) | +11.82% |
| Gainers | 21 | Losers | 14 |
| Unchanged | 72 | Total | 107 |
| YTD Returns | +7.59% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.15 |
| NGX30 | 0.29 |
| NGXBNK | -0.11 |
| NGXCNSMRGDS | 0.33 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.43 |
| NGXLOTUSISLM | 0.03 |
| NGXOILGAS | 2.55 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| NNFM | 7.20 | 7.90 | 0.70 | 9.72 |
| COURTVILLE | 0.42 | 0.46 | 0.04 | 9.52 |
| VITAFOAM | 21.05 | 22.20 | 1.15 | 5.46 |
| FTNCOCOA | 0.37 | 0.39 | 0.02 | 5.41 |
| SEPLAT | 720.10 | 755.10 | 35.00 | 4.86 |
| TRANSCORP | 1.03 | 1.08 | 0.05 | 4.85 |
| JAIZBANK | 0.67 | 0.70 | 0.03 | 4.48 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| REGALINS | 0.44 | 0.42 | -0.02 | -4.55 |
| SOVRENINS | 0.25 | 0.24 | -0.01 | -4.00 |
| SUNUASSUR | 0.32 | 0.31 | -0.01 | -3.13 |
| HONYFLOUR | 3.30 | 3.20 | -0.10 | -3.03 |
| CUSTODIAN | 7.25 | 7.05 | -0.20 | -2.76 |
| UNITYBNK | 0.51 | 0.50 | -0.01 | -1.96 |
| LINKASSURE | 0.57 | 0.56 | -0.01 | -1.75 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.08 | 118 | 35,677,929 | 38,053,854.16 |
| COURTVILLE | 0.46 | 85 | 31,798,667 | 14,368,549.95 |
| SOVRENINS | 0.24 | 42 | 26,358,587 | 6,067,701.68 |
| ACCESS | 9.75 | 191 | 22,201,526 | 216,846,007.50 |
| FBNH | 12.00 | 116 | 18,374,812 | 220,183,752.65 |
| FIDELITYBK | 2.66 | 141 | 16,854,468 | 44,907,891.66 |
| JAIZBANK | 0.70 | 60 | 14,763,008 | 10,188,769.16 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| SEPLAT | 755.10 | 48 | 713,927 | 538,412,850.70 |
| NB | 48.00 | 33 | 5,285,741 | 250,182,541.60 |
| FBNH | 12.00 | 116 | 18,374,812 | 220,183,752.65 |
| ACCESS | 9.75 | 191 | 22,201,526 | 216,846,007.50 |
| ZENITHBANK | 25.80 | 270 | 8,101,439 | 209,010,315.25 |
| NGXGROUP | 20.45 | 73 | 4,753,928 | 96,961,813.75 |
| GTCO | 25.80 | 232 | 3,276,275 | 84,504,082.90 |
OUTLOOK
Today’s market positive performance can be attribute to bargain-hunters increased buying interest in three of the five major market sectors, led by the Oil & Gas sector (2.55%), followed by the Insurance sector (0.43%), and the Consumers good (0.33%). We believe the mixed sentiment will continue as investors continue to take positions on stocks with good fundamentals and also react to economic trends and corporate news
