The Nigerian equity market closed transactions for today (Monday) falling by 0.01%, to begin the new week on a negative trend. The NGX- ASI dropped to 47,262.61 from 47,268.61 indicating a YTD return of +10.64%. The market turnover increased to N2.86bn from N2.123bn. The market breadth was positive at 1.12x as 19 stocks advanced against 17 stocks that declined, while 73 stocks remained unchanged. The share prices of CORNERSTONE gained 9.38% to top the gainers’ list, while NIGERINS declined by -8.70% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: NIGERINS(-8.70%), REGALINS(-7.145%), AIICO(-5.71%), WEMABANK(-5.38%), LINKASSURE(-5.17%), AFRIPRUD(-4.41%), SEPLAT(-4.26%), UBN(4.00%), JAPAULGOLD(-2.78%), UACN(-1.61%), RTBRISCOE(-1.59%), NASCON(-1.52%), UNILEVER(-1.41%), JBERGER(-0.75%), CUTIX(-0.43%), and MANSARD(-0.42%).
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MARKET STATISTICS
| CAP | N25,475,204,566,888.55 | One Day (ASI CHG) | -0.01% |
| Index | 47268.61 | One Week (ASI CHG) | -0.28% |
| Volume | 179,327,750.00 | One Month (ASI CHG) | -0.13% |
| Value | N2,123,319,059.24 | Six Months (ASI CHG) | +20.41% |
| Deals | 4,654.00 | 52 Weeks (ASI CHG) | +20.16% |
| Gainers | 19 | Losers | 17 |
| Unchanged | 73 | Total | 109 |
| YTD Returns | +10.64% |
Source: Ngxgroup.com, GTI Research
Top 7 Gainers
| Company | Previous | Close | Change | % Change |
| CORNERST | 0.64 | 0.70 | 0.06 | 9.38 |
| WAPIC | 0.46 | 0.50 | 0.04 | 8.70 |
| FTNCOCOA [RST] | 0.36 | 0.39 | 0.03 | 8.33 |
| HONYFLOUR | 3.70 | 3.89 | 0.19 | 5.14 |
| MBENEFIT | 0.25 | 0.26 | 0.01 | 4.00 |
Top 7 Losers
| Company | Previous | Close | Change | % Change |
| NIGERINS | 0.23 | 0.21 | -0.02 | -8.70 |
| REGALINS | 0.42 | 0.39 | -0.03 | -7.14 |
| AIICO | 0.70 | 0.66 | -0.04 | -5.71 |
| WEMABANK | 0.93 | 0.88 | -0.05 | -5.38 |
| LINKASSURE | 0.58 | 0.55 | -0.03 | -5.17 |
Top 7 Traders By Volume
| Company | Close | Trades | Volume | Value |
| JAIZBANK | 0.80 | 77 | 72,458,240 | 57,254,382.93 |
| ACCESS [MRF] | 10.15 | 220 | 23,053,838 | 236,361,822.50 |
| UBA | 8.40 | 302 | 19,967,120 | 168,907,784.45 |
| TRANSCORP [MRF] | 1.08 | 128 | 15,868,881 | 16,954,390.86 |
| GTCO | 26.00 | 393 | 15,202,116 | 395,247,934.20 |
Top 7 Traders By Value
| Company | Close | Trades | Volume | Value |
| GTCO | 26.00 | 393 | 15,202,116 | 395,247,934.20 |
| MTNN | 203.50 | 247 | 1,881,103 | 382,187,784.10 |
| ZENITHBANK | 26.85 | 317 | 10,628,425 | 284,557,720.85 |
| ACCESS [MRF] | 10.15 | 220 | 23,053,838 | 236,361,822.50 |
| SEPLAT | 990.00 | 61 | 226,422 | 223,912,135.80 |
OUTLOOK
Trading activities began the week on a negative note, bringing about four consecutive days of losses. Bulls are expected to return to the market given the spate of corporate actions, we anticipate improved market activity to encourage a bullish response next week.
