The Nigerian equities market rose by 0.43%, as the rout in equities prices propelled the market gain. The NGX- ASI increased to 46,205.05 from 46,009.23, while the YTD return increased to +8.17% to from +7.21%. The total market capitalization rose to N24.89 from N24.79 trn as investors gained N105.52bn.
The market turnover increased to N5.03bn from N2.76bn, while market breadth was positive at 5.57x as 39 stocks advanced against 7 stocks that declined, 63 stocks remained unchanged. The share price of CORNERST increased by 10.00% each to top the gainer’s chart, while UPL declined by -9.86% to lead the losers’ chart.
Stocks whose share prices declined during intra-day trading include: CORNERST (+10.00%), VITAFOAM (+9.91%), ETI (+9.62%) ACADEMY (+9.30%), NEM (+9.06%), TOTAL (+8.61%), STERLNBANK (+8.18%), NPFMCRFBK (+7.32%), INTBREW (+7.27%), MAYBAKER (+6.28%), NAHCO(+5.75%), JAPAULGOLD (+5.13%), FBNH (+4.82%), VERITASKAP (+4.76%), JAIZBANK (+4.48%), and JBERGER (+4.35%).
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MARKET STATISTICS
| CAP | N24,898,233,281,288.65 | One Day (ASI CHG) | 0.43% |
| Index | 46,205.05 | One Week (ASI CHG) | +0.54% |
| Volume | 313,445,907.00 | One Month (ASI CHG) | +9.33% |
| Value | N5,034,515,390.94 | Six Months (ASI CHG) | +19.11% |
| Deals | 5,067.00 | 52 Weeks (ASI CHG) | +9.57% |
| Gainers | 39 | Losers | 7 |
| Unchanged | 63 | Total | 109 |
| YTD Returns | +8.17% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Percent |
| ASI | 0.43 |
| NGX30 | 0.6 |
| NGXBNK | 2.3 |
| NGXCNSMRGDS | 0.81 |
| NGXINDUSTR | -0.01 |
| NGXINS | 1.61 |
| NGXLOTUSISLM | 0.07 |
| NGXOILGAS | 2.22 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| CORNERST | 0.50 | 0.55 | 0.05 | 10.00 |
| VITAFOARM | 22.20 | 24.40 | 2.20 | 9.91 |
| ETI | 11.95 | 13.10 | 1.15 | 9.62 |
| ACADEMY | 0.86 | 0.94 | 0.08 | 9.30 |
| NEM | 3.20 | 3.49 | 0.29 | 9.06 |
| TOTAL | 221.90 | 241.00 | 19.10 | 8.61 |
| STERLNBANK | 1.59 | 1.72 | 0.13 | 8.18 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| UPL | 2.94 | 2.65 | -0.29 | -9.86 |
| CHIPLC | 0.65 | 0.60 | -0.05 | -7.69 |
| CUTIX | 2.50 | 2.40 | -0.10 | -4.00 |
| LINKASSURE | 0.52 | 0.51 | -0.01 | -1.92 |
| ETERNA | 6.10 | 6.01 | -0.09 | -1.48 |
| LIVESTOCK | 2.10 | 2.07 | -0.03 | -1.43 |
| CADBURY | 8.80 | 8.70 | -0.10 | -1.14 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 11.95 | 217 | 40,648,987.00 | 468,735,498.15 |
| TRANSCORP | 1.11 | 160 | 30,902,724.00 | 34,116,298.92 |
| ZENITHBANK | 25.75 | 348 | 26,721,550.00 | 688,093,844.40 |
| GTCO | 25.65 | 268 | 20,924,386.00 | 536,538,335.00 |
| ACCESS | 9.85 | 217 | 19,011,039.00 | 188,078,554.05 |
| MBENEFIT | 0.28 | 23 | 18,201,822.00 | 4,916,861.20 |
| COURTVILLE | 0.6 | 69 | 14,088,133.00 | 8,306,086.49 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 190 | 134 | 6,807,702.00 | 1,293,464,093.40 |
| ZENITHBANK | 25.75 | 348 | 26,721,550.00 | 688,093,844.40 |
| SEPLAT | 790 | 26 | 814,794.00 | 641,346,310.00 |
| GTCO | 25.65 | 268 | 20,924,386.00 | 536,538,335.00 |
| FBNH | 11.95 | 217 | 40,648,987.00 | 468,735,498.15 |
| ACCESS | 9.85 | 217 | 19,011,039.00 | 188,078,554.05 |
| TOTAL | 241 | 124 | 699,638.00 | 167,843,977.70 |
OUTLOOK
The positive performance of the market today was as a result of investors’ buy-interests in stocks like CORNERST,VITAFOAM, and 37 others as bargain-hunters continue to take positions in dividend-paying stocks. We expect mixed sentiments to continue with reactions to economic changes and the financial results of corporates.
