The Equity market advanced by 0.27% to extend Wednesday’s gain. The NGX- ASI rose to 47,286.34 from 47,157.23, indicating a YTD return of +10.70%. Market capitalization gained N69.57bn to close at N25.48trn from N25.411trn .
The market turnover decreased to N3.41bn from N4.70bn, while market breadth was positive at 3.33x as 30 stocks advanced against 9 stocks declining, while 75 stocks remained unchanged. The share price of GUINNESS grew by 10.00% to top the gainer’s list, while VERITASKAP declined by -4.35% to lead the losers’ chart.
Stocks whose share prices declined during intra-day trading include: GUINNESS(+10.00%), TOTAL(+9.92%), UPDC(+9.90%) RTBRISCOE(+9.09%), UPL(+8.16%), SCOA (+8.00%), NPFMCRFBK(+7.32%), FBNH(+5.43%),ACADEMY(+4.62%),SOVRENINS(+4.35%), MANSARD(+4.17%),CAVERTON(+4.14%), NGXGRP(+3.59%), FLOURMILL(+3.36%), INTBREW(+2.83%), JBERGER(+1.73%), UBA(+1.72%), FIDELITYBK(+1.72%) ETI(+1.63%), DANGSUGAR (+1.42%), CUTIX(+1.25%), WEMABNK(+1.16%), ZENITHBNK(+1.11%), LIVESTOCK(+1.01%), CHAMPION(+0.90%) , NAHCO (+0.69%), FIDSON(+0.39%), HONYFLOUR(+0.29%) and VITAFOAM(+0.20%).
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MARKET STATISTICS
| CAP | N25,480,903,417,183.67 | One Day (ASI CHG) | +0.27% |
| Index | 47,286.34 | One Week (ASI CHG) | -0.09% |
| Volume | 198,115,122.00 | One Month (ASI CHG) | +7.72% |
| Value | N3,405,096,555.39 | Six Months (ASI CHG) | +20.70% |
| Deals | 4,294.00 | 52 Weeks (ASI CHG) | +16.19% |
| Gainers | 30 | Losers | 9 |
| Unchanged | 75 | Total | 114 |
| YTD Returns | +10.70% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.27 |
| NGX30 | 0.37 |
| NGXBNK | 0.64 |
| NGXCNSMRGDS | 0.98 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.33 |
| NGXLOTUSISLM | 0.06 |
| NGXOILGAS | 1.82 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| GUINNESS | 50.00 | 55.00 | 5.00 | 10.00 |
| TOTAL | 241.00 | 264.90 | 23.90 | 9.92 |
| UPDC | 1.01 | 1.11 | 0.10 | 9.90 |
| RTBRISCOE | 0.33 | 0.36 | 0.03 | 9.09 |
| UPL | 2.45 | 2.65 | 0.20 | 8.16 |
| SCOA | 1.50 | 1.62 | 0.12 | 8.00 |
| NPFMCRFBK | 2.05 | 2.20 | 0.15 | 7.32 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| VERITASKAP | 0.23 | 0.22 | -0.01 | -4.35 |
| UBN | 6.25 | 6.05 | -0.20 | -3.20 |
| IKEJAHOTEL | 1.46 | 1.42 | -0.04 | -2.74 |
| REGALINS | 0.40 | 0.39 | -0.01 | -2.50 |
| FCMB | 2.99 | 2.92 | -0.07 | -2.34 |
| AIICO | 0.71 | 0.70 | -0.01 | -1.41 |
| STERLNBANK | 1.72 | 1.70 | -0.02 | -1.16 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| CHAMS | 0.21 | 22 | 16,738,213.00 | 3,515,167.74 |
| TRANSCORP | 1.16 | 122 | 15,381,114.00 | 17,816,211.33 |
| ACCESS | 10.50 | 250 | 14,287,061.00 | 149,459,440.30 |
| UBA | 8.85 | 175 | 12,541,822.00 | 109,820,444.05 |
| FLOURMILL | 32.30 | 138 | 12,145,048.00 | 389,372,199.00 |
| ZENITHBANK | 27.40 | 281 | 11,646,685.00 | 317,497,235.95 |
| AIICO | 0.70 | 73 | 9,238,757.00 | 6,449,952.98 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| SEPLAT | 866.00 | 33 | 784,241.00 | 713,654,888.50 |
| FLOURMILL | 32.30 | 138 | 12,145,048.00 | 389,372,199.00 |
| NESTLE | 1435.00 | 20 | 263,824.00 | 378,435,423.90 |
| ZENITHBANK | 27.40 | 281 | 11,646,685.00 | 317,497,235.95 |
| NB | 48.00 | 43 | 4,384,786.00 | 210,453,153.35 |
| NGXGROUP | 26.00 | 108 | 7,552,648.00 | 194,392,401.20 |
| ACCESS | 10.50 | 250 | 14,287,061.00 | 149,459,440.30 |
OUTLOOK
Transactions on the local bourse was positive owing to trading activities in blue chip stocks such as Zenith bank, Total, Guinness etc.improved corporate earnings are expected to continue driving a bullish sentiments in the market.
