The Nigerian equities market gained 0.91%, as the rout in equities prices remained positive. The NGX- ASI increased to 46,624.67 from 46,205.05 , while the YTD return increased to +9.15% from +8.17%. The total market capitalization increased to N25,12trn from N24.89trn as investors gained N226.12bn.
The market turnover decreased to N3.44bn from N5.03bn, while market breadth was positive at 1.43x as 33 stocks advanced against 23 stocks that declined, 56 stocks remained unchanged. The share price of RTBRISCOE ,NCR and CHIPLC increased by 10.00% each to top the gainer’s chart, while UPL declined by -9.43% to lead the losers’ chart.
Stocks whose share prices declined during intra-day trading include: RTBRISCOE (+10.00%), NCR (+10.00%), CHIPLC (+10.00%) PRESCO(+9.97%), NGXGROUP(+9.93%), CUSTODIAN(+9.86%), NEM(+5.73%), GTCO(+4.87%), MTNN(+3.95%), FIDELITYY(+3.31%), FCMB(+2.96%), NEIMETH(+2.70%), JBERGER(+2.38%), OANDO(+2.16%), UBA(+1.78%), ZENITHBANK(+1.17%), BUACEMEBNT(+1.14%), GUINNESS(+0.94%), ACCESS(+0.51%), CUTIX(+0.42%) and DANGSUGAR(+0.29%).
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MARKET STATISTICS
| CAP | N25,124,353,150,148.75 | One Day (ASI CHG) | +0.91% |
| Index | 46,624.67 | One Week (ASI CHG) | +1.52% |
| Volume | 435,799,401.00 | One Month (ASI CHG) | +9.15% |
| Value | N3,441,003,799.02 | Six Months (ASI CHG) | +20.96% |
| Deals | 6,482.00 | 52 Weeks (ASI CHG) | +9.93% |
| Gainers | 33 | Losers | 23 |
| Unchanged | 56 | Total | 112 |
| YTD Returns | +9.15% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.91 |
| NGX30 | 1.24 |
| NGXBNK | 0.43 |
| NGXCNSMRGDS | -0.23 |
| NGXINDUSTR | 0.47 |
| NGXINS | -0.20 |
| NGXLOTUSISLM | 1.45 |
| NGXOILGAS | 0.32 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| RTBRISCOE | 0.20 | 0.20 | 0.22 | 0.02 | 10.00 |
| NCR | 3.00 | 3.00 | 3.30 | 0.30 | 10.00 |
| CHIPLC | 0.60 | 0.60 | 0.66 | 0.06 | 10.00 |
| PRESCO | 87.80 | 87.80 | 96.55 | 8.75 | 9.97 |
| NGXGROUP | 21.15 | 21.15 | 23.25 | 2.10 | 9.93 |
| CUSTODIAN | 7.10 | 7.10 | 7.80 | 0.70 | 9.86 |
| NEM | 3.49 | 3.49 | 3.69 | 0.20 | 5.73 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| UPL | 2.65 | 2.65 | 2.40 | -0.25 | -9.43 |
| LASACO | 1.13 | 1.13 | 1.03 | -0.10 | -8.85 |
| LINKASSURE | 0.51 | 0.51 | 0.47 | -0.04 | -7.84 |
| MBENEFIT | 0.28 | 0.28 | 0.26 | -0.02 | -7.14 |
| PRESTIGE | 0.46 | 0.46 | 0.43 | -0.03 | -6.52 |
| FTNCOCOA | 0.37 | 0.37 | 0.35 | -0.02 | -5.41 |
| COURTVILLE | 0.60 | 0.60 | 0.57 | -0.03 | -5.00 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| FIDELITYBK | 2.81 | 38,035,035.00 | 106,218,774.80 |
| RTBRISCOE | 0.22 | 30,038,834.00 | 6,075,702.80 |
| TRANSCORP | 1.14 | 27,449,397.00 | 31,442,945.85 |
| FBNH | 11.50 | 26,790,689.00 | 310,515,166.25 |
| LINKASSURE | 0.47 | 23,029,494.00 | 11,012,290.56 |
| UBA | 8.60 | 21,371,330.00 | 183,309,680.35 |
| NGXGROUP | 23.25 | 20,715,918.00 | 472,087,174.60 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| NGXGROUP | 23.25 | 20,715,918.00 | 472,087,174.60 |
| ZENITHBANK | 26.05 | 17,507,742.00 | 454,900,662.35 |
| GTCO | 26.90 | 11,891,534.00 | 312,980,634.15 |
| FBNH | 11.50 | 26,790,689.00 | 310,515,166.25 |
| PRESCO | 96.55 | 2,119,085.00 | 203,055,452.10 |
| UBA | 8.60 | 21,371,330.00 | 183,309,680.35 |
| DANGCEM | 260.60 | 487,555.00 | 129,438,688.40 |
OUTLOOK
The stock market continues to ride on a positive note as the week begins with investors interest in many promising stocks such as the MTNN, BUACEMENT,DANSUGAR,ZENITH,OANDO and others. With companies releasing more financial statements we expect to see bullish sentiments return in response to financial reports disclosures.
