The Nigerian equities market declined by 0.11%, as the rout in equities prices was negative. The NGX- ASI decreased to 47,279.92 from 47,329.5 , while the YTD return declined to +10.68% from +10.80%. The total market capitalization dropped to N25.48trn from N25.50trn as investors lost N26.88bn.
The market turnover decreased to N2.39bn from N3.83bn, while market breadth was negative at 0.68x as 17 stocks advanced against 25 stocks that declined, 60 stocks remained unchanged. The share price of SCOA increased by 9.65% each to top the gainer’s chart, while PRESCO declined by -10.00% to lead the losers’ chart.
Stocks whose share prices declined during intra-day trading include: PRESCO (-10.00%), NEM(-9.76%), INTBREW(-9.40%) UPL(-5.66%), AFRIPRUD(-4.41%), SOVRENINS(-4.17%), CHIPLC(-3.08%), FBNH(-2.63%), JAPAULGOLD(-2.63%), UBN(-2.48%), FCMB(-2.28%), UNITYBNK(-1.96%), ARDOVA(-1.93%), LINAKASSURE(-1.92%), LASACO(-1.85%), NAHCO(-1.38%), STERLNG (-1.16%), FLOURMILLS(-0.85%), PZ(-0.71%), FIDELITY(-0.70%), UCAP(-0.44%), SEPLAT(-0.24%), NGXGRP(-0.21%) and OANDO(-0.19%).
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MARKET STATISTICS
| CAP | N 25,477,440,654,543.71 | One Day (ASI CHG) | -0.11% |
| Index | 47,279.92 | One Week (ASI CHG) | +2.33% |
| Volume | 225,685,583.00 | One Month (ASI CHG) | +9.89% |
| Value | N 2,385,760,409.65 | Six Months (ASI CHG) | +21.46% |
| Deals | 4,093.00 | 52 Weeks (ASI CHG) | +13.15% |
| Gainers | 17 | Losers | 25 |
| Unchanged | 60 | Total | 102 |
| YTD Returns | +10.68% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.11 |
| NGX30 | -0.20 |
| NGXBNK | 0.18 |
| NGXCNSMRGDS | -0.58 |
| NGXINDUSTR | 0.01 |
| NGXINS | -0.90 |
| NGXLOTUSISLM | -0.12 |
| NGXOILGAS | -0.24 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| SCOA | 1.14 | 1.14 | 1.25 | 0.11 | 9.65 |
| JAIZBANK | 0.67 | 0.67 | 0.71 | 0.04 | 5.97 |
| GUINEAINS | 0.21 | 0.21 | 0.22 | 0.01 | 4.76 |
| CHAMPION | 2.10 | 2.10 | 2.20 | 0.10 | 4.76 |
| VERITASKAP | 0.22 | 0.22 | 0.23 | 0.01 | 4.55 |
| HONYFLOUR | 3.35 | 3.35 | 3.50 | 0.15 | 4.48 |
| AIICO | 0.70 | 0.70 | 0.72 | 0.02 | 2.86 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| PRESCO | 105.00 | 105.00 | 94.50 | -10.50 | -10.00 |
| NEM | 3.69 | 3.69 | 3.33 | -0.36 | -9.76 |
| INTBREW | 5.85 | 5.85 | 5.30 | -0.55 | -9.40 |
| UPL | 2.65 | 2.65 | 2.50 | -0.15 | -5.66 |
| CHAMS | 0.21 | 0.21 | 0.20 | -0.01 | -4.76 |
| AFRIPRUD | 6.80 | 6.80 | 6.50 | -0.30 | -4.41 |
| SOVRENINS | 0.24 | 0.24 | 0.24 | -0.01 | -4.17 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FIDELITYBK | 2.85 | 138 | 24,854,232.00 | 71,190,939.87 |
| RTBRISCOE | 0.28 | 111 | 23,614,073.00 | 6,857,612.68 |
| TRANSCORP | 1.14 | 117 | 16,392,551.00 | 18,530,108.66 |
| CHAMS | 0.20 | 18 | 15,236,118.00 | 3,049,584.78 |
| COURTVILLE | 0.53 | 26 | 12,919,999.00 | 6,771,324.50 |
| NGXGROUP | 24.25 | 166 | 12,871,951.00 | 308,008,695.35 |
| GTCO | 27.50 | 207 | 12,464,851.00 | 341,727,250.00 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| SEPLAT | 870.00 | 39 | 654,659.00 | 569,471,126.30 |
| GTCO | 27.50 | 207 | 12,464,851.00 | 341,727,250.00 |
| NGXGROUP | 24.25 | 166 | 12,871,951.00 | 308,008,695.35 |
| ZENITHBANK | 26.35 | 242 | 5,997,853.00 | 157,844,378.75 |
| MTNN | 200.30 | 155 | 728,177.00 | 145,910,856.00 |
| PRESCO | 94.50 | 85 | 847,357.00 | 80,159,049.00 |
| ACCESS | 10.20 | 136 | 7,046,773.00 | 71,892,708.30 |
OUTLOOK
The market closed in the red as major stocks mainly the oil and gas sector, led the decline thereby reversing the previous day’s gain. Transactions this week so far had a combination of losses and gains, with some companies yet to release results, we expect investors to maintain their edginess next week.
