Trading on the Nigerian equity market for today closed on a positive note. The NGX- ASI grew to 47,394.53 from 47,328.42 indicating a YTD return of +10.95%. The market turnover increased to N2.77bn from N2.75bn, while market breadth was +1.53x as 23 stocks advanced against 15 stocks, while 77 stocks remained unchanged. The share prices of LINKASSURE gained 10.00% to top the gainers’ list, while ACADEMY dropped by -9.69% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: LINKASSURE(+10.00%), ROYALEX(+9.60%), REGALINS(+7.69%), SUNUASSUR(+7.69%), NIGERINS(+7.14%), JULI(+6.76%), OKOMUOIL(+5.63%), JAPAULGOLD(+5.41%), HONYFLOUR(+5.36%), ETI(+5.29%), INTBREW(+4.55%), CAVERTON(+3.33%), STERLNBNK(+3.14%), UACN(+2.50%), WAPCO(+2.47%), WEMABNK(+2.13%), FCMB(+1.64%), aiico(+1.45%), UPDC(+0.96%), ZENITHBNK(+0.56%) AND STANBIC(+0.43%).
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MARKET STATISTICS
| CAP | N25,543,072,919,769.02 | One Day (ASI CHG) | +0.14% |
| Index | 47394.53 | One Week (ASI CHG) | +0.34% |
| Volume | 300,762,671.00 | One Month (ASI CHG) | +2.57% |
| Value | N2,771,015,176.86 | Six Months (ASI CHG) | +20.03% |
| Deals | 5,434.00 | 52 Weeks (ASI CHG) | +19.08% |
| Gainers | 23 | Losers | 15 |
| Unchanged | 77 | Total | 115 |
| YTD Returns | +10.95% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.14 |
| NGX30 | 0.17 |
| NGXBNK | 0.55 |
| NGXCNSMRGDS | 0.29 |
| NGXINDUSTR | 0.18 |
| NGXINS | 0.99 |
| NGXLOTUSISLM | 0.17 |
| NGXOILGAS | -0.21 |
Top 7 Gainer
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| LINKASSURE | 0.50 | 0.50 | 0.55 | 0.05 | 10.00 |
| ROYALEX | 1.25 | 1.25 | 1.37 | 0.12 | 9.60 |
| REGALINS | 0.39 | 0.39 | 0.42 | 0.03 | 7.69 |
| SUNUASSUR | 0.39 | 0.39 | 0.42 | 0.03 | 7.69 |
| NIGERINS | 0.28 | 0.28 | 0.30 | 0.02 | 7.14 |
| JULI | 0.74 | 0.74 | 0.79 | 0.05 | 6.76 |
| OKOMUOIL | 127.80 | 127.80 | 135.00 | 7.20 | 5.63 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| ACADEMY | 1.96 | 1.96 | 1.77 | -0.19 | -9.69 |
| RTBRISCOE | 0.94 | 1.03 | 0.85 | -0.09 | -9.57 |
| JAIZBANK | 0.77 | 0.77 | 0.73 | -0.04 | -5.19 |
| VITAFOAM | 23.45 | 23.45 | 22.30 | -1.15 | -4.90 |
| AFRIPRUD | 7.35 | 6.65 | 7.00 | -0.35 | -4.76 |
| CHAMS | 0.23 | 0.23 | 0.22 | -0.01 | -4.35 |
| TRANSCORP | 1.26 | 1.26 | 1.23 | -0.03 | -2.38 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FCMB | 3.10 | 56 | 104,414,430.00 | 323,594,868.34 |
| TRANSCORP | 1.23 | 140 | 17,016,484.00 | 20,786,342.71 |
| ZENITHBANK | 27.10 | 390 | 15,492,888.00 | 419,424,416.50 |
| RTBRISCOE | 0.85 | 174 | 12,647,264.00 | 11,592,365.38 |
| ETI | 11.95 | 222 | 11,885,970.00 | 146,231,668.40 |
| UBA | 8.65 | 192 | 11,246,519.00 | 97,126,960.20 |
| REGALINS | 0.42 | 44 | 10947816 | 4429224.26 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 27.10 | 390 | 15,492,888.00 | 419,424,416.50 |
| FCMB | 3.10 | 56 | 104,414,430.00 | 323,594,868.34 |
| AIRTELAFRI | 1260.00 | 36 | 204,505.00 | 255,637,577.20 |
| GTCO | 26.90 | 214 | 8,531,161.00 | 229,425,866.60 |
| MTNN | 201.00 | 271 | 1,065,567.00 | 214,014,134.40 |
| WAPCO | 26.95 | 122 | 6,137,875.00 | 163,063,084.75 |
| ETI | 11.95 | 222 | 11,885,970.00 | 146,231,668.40 |
OUTLOOK
The week kicks off with an extension of the bullish trend from the previous week, fueled by positive sentiments as a result of surging oil prices boosting the country’s attractiveness to investments. We expect this trend to be maintain all through the week.
