The Nigerian equity market closed today’s transactions on a positive note. The NGX- ASI rose to 47,272.04 from 47,207.27 indicating a YTD return of +10.66%. The market turnover rose to N3.86bn from N3.50bn, while market breadth was +1.39x as 25 stocks advanced against 18stocks, while 69 stocks remained unchanged. The share prices of ETRANZACT gained 10% to top the gainers’ list, while MULTIVERSE fell by -8.00% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: ETRANZACT(+10.00%), LEARNAFRCA(+9.92%), SCOA(+9.69%), ROYALEX(+9.62%), RTBRISCOE(+8.86%), CORNERST(+8.83%), NIGERINS(+8.83%), SEPLAT(+7.49%), NGXGROUP(+7.17%), COURTVILLE(+3.85%), MBENEFIT(+3.85%), FTNCOCOA(+2.78%), VITAFOAM(+2.18%), NAHCO(+1.86%), GTCO(+1.51), AIICO (+1.47) AND AFRIPRUD (+1.36)
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MARKET STATISTICS
| CAP | N25,477,055,292,127.52 | One Day (ASI CHG) | +0.14% |
| Index | 47,272.04 | One Week (ASI CHG) | +0.36% |
| Volume | 421,820,943.00 | One Month (ASI CHG) | +2.93% |
| Value | N3,857,753,470.87 | Six Months (ASI CHG) | +19.80% |
| Deals | 5,383.00 | 52 Weeks (ASI CHG) | +17.53% |
| Gainers | 25 | Losers | 18 |
| Unchanged | 69 | Total | 112 |
| YTD Returns | +10.66% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.14 |
| NGX30 | 0.17 |
| NGXBNK | -0.27 |
| NGXCNSMRGDS | -0.61 |
| NGXINDUSTR | 0 |
| NGXINS | 1.01 |
| NGXLOTUSISLM | -0.01 |
| NGXOILGAS | 3.85 |
Top 7 Gainer
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| ETRANZACT | 2.20 | 2.20 | 2.42 | 0.22 | 10.00 |
| LEARNAFRCA | 2.42 | 2.42 | 2.66 | 0.24 | 9.92 |
| SCOA | 2.58 | 2.58 | 2.83 | 0.25 | 9.69 |
| ROYALEX | 1.04 | 1.04 | 1.14 | 0.10 | 9.62 |
| RTBRISCOE | 0.79 | 0.79 | 0.86 | 0.07 | 8.86 |
| CORNERST | 0.60 | 0.60 | 0.65 | 0.05 | 8.33 |
| NIGERINS | 0.24 | 0.24 | 0.26 | 0.02 | 8.33 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| MULTIVERSE | 0.25 | 0.26 | 0.23 | -0.02 | -8.00 |
| JAPAULGOLD | 0.40 | 0.40 | 0.38 | -0.02 | -5.00 |
| INTBREW | 5.50 | 5.50 | 5.25 | -0.25 | -4.55 |
| CHAMS | 0.23 | 0.23 | 0.22 | -0.01 | -4.35 |
| HONYFLOUR | 3.88 | 3.88 | 3.73 | -0.15 | -3.87 |
| FLOURMILL | 33.00 | 33.00 | 31.80 | -1.20 | -3.64 |
| WEMABANK | 0.97 | 0.97 | 0.94 | -0.03 | -3.09 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| CUSTODIAN | 7.20 | 11.00 | 39,167,305.00 | 282,066,312.85 |
| STERLNBANK | 1.62 | 347.00 | 33,353,766.00 | 53,775,494.73 |
| FIDELITYBK | 3.05 | 200.00 | 22,398,300.00 | 68,951,761.04 |
| ACCESS | 10.20 | 165.00 | 20,386,169.00 | 209,681,576.40 |
| UCAP | 13.95 | 353.00 | 19,077,324.00 | 264,605,582.65 |
| TRANSCORP | 1.26 | 155.00 | 18,095,285.00 | 22,543,605.86 |
| NGXGROUP | 26.15 | 305.00 | 15,937,679.00 | 404,111,094.25 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 200.00 | 169.00 | 2,944,257.00 | 588,817,545.40 |
| NGXGROUP | 26.15 | 305.00 | 15,937,679.00 | 404,111,094.25 |
| SEPLAT | 859.90 | 58.00 | 412,023.00 | 336,562,298.40 |
| NB | 48.00 | 100.00 | 6,819,680.00 | 327,381,351.55 |
| CUSTODIAN | 7.20 | 11.00 | 39,167,305.00 | 282,066,312.85 |
| UCAP | 13.95 | 353.00 | 19,077,324.00 | 264,605,582.65 |
| ACCESS | 10.20 | 165.00 | 20,386,169.00 | 209,681,576.40 |
OUTLOOK
Trading activities for today closed positive reversing yesterday’s negative sentiment . We expect the bullish sentiment to be sustained by investors taking positions, as more companies release their audited financials. Also, Economic trends like the movement in oil prices can prove to be positive for the market..
