The Nigerian equity market closed bullish advancing by 0.003% to avert another loss. The NGX- ASI dipped to 47,064.82 from 47,063.28, indicating a YTD return of +10.18%. The market turnover decreased to N5.67bn from N5.68bn, while market breadth was positive at 1.33x as 28 stocks advanced against 21 stocks, while 58 stocks remained unchanged. The share price of LEARNAFRCA gained 9.69% to top the gainer’s list, while BERGER declined by -9.58% to lead the losers’ chart.
Stocks whose share prices increased during intra-day trading include: LEARNAFRCA (+9.69%), MORISON (+9.55%), VERITASKAP (+9.52%) RTBRISCOE (+9.52%), NASCON (+9.43%), NEM (+8.36%), FCMB (+5.03%), MULTIVERSE (+5.00%), FLOURMILL (+4.93%), CUTIX(+4.76%), CHAMS (+4.55%), ETERNA (+4.40%), SOVRENINS(+4.35%), UNITYBNK (+4.17%), and MBENEFIT(+3.85%)
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MARKET STATISTICS
| CAP | N25,361,535,193,539.21 | One Day (ASI CHG) | +0.003% |
| Index | 47,064.82 | One Week (ASI CHG) | +0.02% |
| Volume | 274,206,976 | One Month (ASI CHG) | +5.87% |
| Value | N3,817,097,540.96 | Six Months (ASI CHG) | +19.08% |
| Deals | 5,331.00 | 52 Weeks (ASI CHG) | +16.00% |
| Gainers | 28 | Losers | 21 |
| Unchanged | 58 | Total | 107 |
| YTD Returns | +10.18% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.003 |
| NGX30 | -0.12 |
| NGXBNK | -1.01 |
| NGXCNSMRGDS | 0.1 |
| NGXINDUSTR | -0.02 |
| NGXINS | 1.51 |
| NGXLOTUSISLM | 0.13 |
| NGXOILGAS | 0.26 |
Top 7 Gainer
| Security | Previous Close | Close Price | Change Price | %Change |
| LEARNAFRCA | 1.65 | 1.81 | 0.16 | 9.70 |
| MORISON | 1.99 | 2.18 | 0.19 | 9.55 |
| RTBRISCOE | 0.42 | 0.46 | 0.04 | 9.52 |
| VERITASKAP | 0.21 | 0.23 | 0.02 | 9.52 |
| NASCON | 13.25 | 14.50 | 1.25 | 9.43 |
| NEM | 3.59 | 3.89 | 0.30 | 8.36 |
| FCMB | 2.98 | 3.13 | 0.15 | 5.03 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| BERGER | 8.35 | 7.55 | -0.80 | -9.58 |
| CHIPLC | 0.65 | 0.62 | -0.03 | -4.62 |
| JAIZBANK | 0.70 | 0.67 | -0.03 | -4.29 |
| INTBREW | 5.25 | 5.10 | -0.15 | -2.86 |
| ETI | 12.50 | 12.15 | -0.35 | -2.80 |
| JAPAULGOLD | 0.36 | 0.35 | -0.01 | -2.78 |
| GUINNESS | 66.55 | 65.00 | -1.55 | -2.33 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GUINNESS | 65.00 | 580.00 | 16,710,189.00 | 1,162,718,235.50 |
| ACCESS | 10.35 | 313.00 | 55,397,741.00 | 576,538,210.30 |
| MTNN | 199.00 | 177.00 | 1,762,268.00 | 350,755,675.80 |
| FLOURMILL | 35.10 | 199.00 | 9,027,814.00 | 314,077,924.25 |
| GTCO | 26.30 | 287.00 | 7,637,190.00 | 201,011,153.25 |
| ZENITHBANK | 26.85 | 232.00 | 5,673,120.00 | 152,622,505.25 |
| TOTAL | 264.90 | 55.00 | 353,519.00 | 88,420,736.40 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ACCESS | 10.35 | 313.00 | 55,397,741.00 | 576,538,210.30 |
| GUINNESS | 65.00 | 580.00 | 16,710,189.00 | 1,162,718,235.50 |
| JAPAULGOLD | 0.35 | 69.00 | 14,013,920.00 | 5,105,010.69 |
| STERLNBANK | 1.70 | 150.00 | 13,255,892.00 | 22,559,332.21 |
| ETRANZACT | 2.00 | 3.00 | 13,074,896.00 | 26,150,192.00 |
| FIDELITYBK | 2.97 | 129.00 | 11,291,308.00 | 33,369,555.21 |
| JAIZBANK | 0.67 | 45.00 | 10,524,140.00 | 7,306,367.89 |
OUTLOOK
The two days of Negative closes were reversed today as bargain hunters return to the market to drive buying pressure. We expect positive sentiments to persist as investors continue to take positions on stocks in anticipation of financial disclosures.
