The Nigerian equities market gained 1.73%, as the rout in equities prices remained positive. The NGX- ASI increased to 45,430.14 from 44,655.89, while the YTD return of the index further rose to +6.35% from +4.54%. The total market capitalization increased to N24.48trn from N24.06trn as investors gained N417.16bn.
The market turnover increased to N8.93bn from N1.91bn , while market breadth was negative at 0.94x as 16 stocks advanced against 17 stocks that declined, 77 stocks remained unchanged. The share price of AIRTELAFRI increased by 10.00% to top the gainer’s chart, while FTNCOCOA declined by –7.69% to lead the losers’ chart.
Stocks whose share prices increased during intra-day trading include: AIRTELAFRI(+10.00%), CORNERST(+6.00%), COURTVILLE(+5.26%), UBN(+4.46%), SEPLAT(+4.36%), LINKASSURE(+3.92%), NPFMCRFBK(+2.11%), NEM(+1.93%), MANSARD(+1.73%), MAYBAKER(+1.16%), NEIMETH(+1.08%), GLAXOSMITH(+0.84), AFRIPRUD(+0.78%), BERGER(+0.61%), ACCESS(+0.52%) and ZENITHBANK(+0.39%).
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MARKET STATISTICS
| CAP | N24,476,918,259,547.62 | One Day (ASI CHG) | +1.73% |
| Index | 45,430.14 | One Week (ASI CHG) | +1.84% |
| Volume | 252,938,074.00 | One Month (ASI CHG) | +7.26% |
| Value | N8,925,123,598.79 | Six Months (ASI CHG) | +19.70% |
| Deals | 4,218.00 | 52 Weeks (ASI CHG) | +10.67% |
| Gainers | 16 | Losers | 17 |
| Unchanged | 77 | Total | 110 |
| YTD Returns | +6.35% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.73 |
| NGX30 | 0.10 |
| NGXBNK | 0.50 |
| NGXCNSMRGDS | -0.02 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.59 |
| NGXLOTUSISLM | -0.02 |
| NGXOILGAS | 2.21 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| AIRTELAFRI | 1050.50 | 1050.50 | 1155.50 | 105.00 | 10.00 |
| CORNERST | 0.50 | 0.50 | 0.53 | 0.03 | 6.00 |
| COURTVILLE | 0.38 | 0.38 | 0.40 | 0.02 | 5.26 |
| UBN | 5.60 | 5.60 | 5.85 | 0.25 | 4.46 |
| SEPLAT | 690.00 | 690.00 | 720.10 | 30.10 | 4.36 |
| LINKASSURE | 0.51 | 0.51 | 0.53 | 0.02 | 3.92 |
| NPFMCRFBK | 1.90 | 1.90 | 1.94 | 0.04 | 2.11 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| FTNCOCOA | 0.39 | 0.39 | 0.36 | -0.03 | -7.69 |
| CHIPLC | 0.69 | 0.69 | 0.64 | -0.05 | -7.25 |
| REGALINS | 0.45 | 0.45 | 0.42 | -0.03 | -6.67 |
| JAPAULGOLD | 0.42 | 0.42 | 0.40 | -0.02 | -4.76 |
| JAIZBANK | 0.66 | 0.63 | 0.63 | -0.03 | -4.55 |
| NGXGROUP | 19.65 | 19.65 | 19.05 | -0.60 | -3.05 |
| TRANSCORP | 1.06 | 1.06 | 1.03 | -0.03 | -2.83 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| GTCO | 25.45 | 25,456,346.00 | 649,356,251.40 |
| DANGCEM | 270.00 | 24,453,030.00 | 6,481,353,849.00 |
| FBNH | 12.00 | 23,094,320.00 | 277,150,098.30 |
| FIDELITYBK | 2.70 | 21,137,645.00 | 57,157,543.48 |
| FCMB | 3.00 | 12,932,757.00 | 38,790,482.47 |
| ACCESS | 9.75 | 12,215,620.00 | 119,111,548.20 |
| TRANSCORP | 1.03 | 11,512,578.00 | 12,029,164.85 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| DANGCEM | 270.00 | 24,453,030.00 | 6,481,353,849.00 |
| GTCO | 25.45 | 25,456,346.00 | 649,356,251.40 |
| FBNH | 12.00 | 23,094,320.00 | 277,150,098.30 |
| NB | 47.30 | 4,286,428.00 | 202,709,997.00 |
| AIRTELAFRI | 1155.50 | 170,148.00 | 196,572,480.60 |
| ZENITHBANK | 25.80 | 6,273,009.00 | 161,732,413.00 |
| SEPLAT | 720.10 | 208,024.00 | 149,755,419.80 |
OUTLOOK
The bullish outcome of the equity market today was majorly influenced by investor’s buy interest mainly in bell-whether stocks like AIRTEL,SEPLAT and so on. There are mixed expectations as investors react to the economic dynamics and trends that surround the market.
