The Equity market declined by 0.18% to reverse the gains recorded in the previous trading session. The NGX- ASI rose to 47,202.30 from 47,286.34, indicating a YTD return of +10.50%. Market capitalization lost N45.28bn to close at N25.44trn from N25.48trn.
The market turnover increased to N4.39bn from N3.41bn, while market breadth was positive at 1.19x as 19 stocks advanced against 16 stocks declining, while 72 stocks remained unchanged. The share price of GUINNESS gained 10.00% to top the gainer’s list, while PHARMADEKO declined by -8.84% to lead the losers’ chart.
Stocks whose share prices declined during intra-day trading include: PHARMDEKO(-8.84%), NEM(-6.48%), CHAMPION(-5.80%) INTBREW(-4.59%), INTBREW(-4.59%), FBNH(-3.86%), AFRIPRUD(-2.94%), GTCO(-2.39%), SEPLAT(-1.85%), ZENITHBANK(-1.82%), UBA(-1.69%), STANBIC(-1.29%), DANGSUGAR(-1.29%), FIDELITYBANK(-0.68%), and NB(-0.10%)
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MARKET STATISTICS
| CAP | N25,435,615,926,993.62 | One Day (ASI CHG) | -0.18% |
| Index | 47,202.30 | One Week (ASI CHG) | -0.16% |
| Volume | 311,501,844 | One Month (ASI CHG) | +7.62% |
| Value | N4,385,501,460.15 | Six Months (ASI CHG) | +19.66% |
| Deals | 4,916 | 52 Weeks (ASI CHG) | +15.09% |
| Gainers | 19 | Losers | 16 |
| Unchanged | 72 | Total | 107 |
| YTD Returns | +10.50% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.18 |
| NGX30 | -0.29 |
| NGXBNK | -0.95 |
| NGXCNSMRGDS | 0.10 |
| NGXINDUSTR | 0.03 |
| NGXINS | -0.49 |
| NGXLOTUSISLM | 0.11 |
| NGXOILGAS | -0.99 |
Top 7 Gainer
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| GUINNESS | 55.00 | 55.00 | 60.50 | 5.50 | 10.00 |
| NCR | 3.00 | 3.00 | 3.30 | 0.30 | 10.00 |
| SCOA | 1.62 | 1.62 | 1.78 | 0.16 | 9.88 |
| RTBRISCOE | 0.36 | 0.36 | 0.39 | 0.03 | 8.33 |
| LASACO | 1.06 | 1.06 | 1.12 | 0.06 | 5.66 |
| MULTIVERSE | 0.20 | 0.20 | 0.21 | 0.01 | 5.00 |
| CHAMS | 0.21 | 0.21 | 0.22 | 0.01 | 4.76 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| PHARMDEKO | 1.81 | 1.81 | 1.65 | -0.16 | -8.84 |
| NEM | 3.55 | 3.55 | 3.32 | -0.23 | -6.48 |
| CHAMPION | 2.24 | 2.24 | 2.11 | -0.13 | -5.80 |
| CUTIX | 2.43 | 2.43 | 2.31 | -0.12 | -4.94 |
| INTBREW | 5.45 | 5.45 | 5.20 | -0.25 | -4.59 |
| SOVRENINS | 0.24 | 0.24 | 0.23 | -0.01 | -4.17 |
| FBNH | 11.65 | 11.65 | 11.20 | -0.45 | -3.86 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| ACCESS | 10.50 | 30,813,271 | 322,436,422.90 |
| SOVRENINS | 0.23 | 30,752,949 | 7,077,370.35 |
| NGXGROUP | 26.50 | 28,653,854 | 773,224,400.85 |
| FIDELITYBK | 2.93 | 23,798,948 | 69,775,887.36 |
| CHAMS | 0.22 | 22,178,628 | 4,886,655.62 |
| ZENITHBANK | 26.90 | 16,587,028 | 450,098,680.05 |
| UBA | 8.70 | 16,580,396 | 145,078,658.80 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| NGXGROUP | 26.50 | 28,653,854 | 773,224,400.85 |
| SEPLAT | 850.00 | 702,385 | 603,856,625.70 |
| NB | 47.95 | 9,729,994 | 466,807,240.05 |
| ZENITHBANK | 26.90 | 16,587,028 | 450,098,680.05 |
| MTNN | 198.00 | 2,105,456 | 413,626,633.80 |
| ACCESS | 10.50 | 30,813,271 | 322,436,422.90 |
| GTCO | 26.60 | 9,240,901 | 249,273,586.90 |
OUTLOOK
Trading activities on Local Bourse closed negative, as a result of profit-taking in bellwether stocks such as SEPLAT, ZENITHBANK, GTCO, NB, and15 others. We expect bullish sentiment, as more corporate release their audited results
