The Nigerian equities market gained 1.29%, as the rout in equities prices extends the positive sentiment. The NGX- ASI increased to 46,529.99 from 45,939.51, while the YTD return of the index further rose to +8.93% from +7.55%. The total market capitalization increased to N25.07 trn from N24.76trn as investors gained N318.17bn.
The market turnover increased to N3.58bn from N2.89bn, while market breadth was at par. 19 stocks advanced against 19 stocks that declined, 69 stocks remained unchanged. The share price of AIRTELAFRICA increased by 10.00% to top the gainer’s chart, while CADBURYdeclined by -9.47% to lead the losers’ chart.
Stocks whose share prices increased during intra-day trading include: AIRTELAFRI(+10.00%), ETI (+9.55%), COURTVILLE(+9.05%) ACADEMY (+8.86%), LEARNAFRICA(+8.53%), CHIPLC(+4.84%), STERLINGBNK(+3.13%), HONYFLOUR(+5.00%), JBERGER(+2.63%), REGALINS(+2.50%), UCAP(+2.33%), NPFMCRFBK(+2.05%), JAIZBAANK(+1.45%), FCMB(+1.33%), UBA(+1.23%), UBN(+0.85%), and ACCESS(+0.52%).
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MARKET STATISTICS
| CAP | N 25,073,332,335,279.52 | One Day (ASI CHG) | +1.29% |
| Index | 46,529.99 | One Week (ASI CHG) | +2.42% |
| Volume | 328,997,020 | One Month (ASI CHG) | +10.10% |
| Value | N4,817,389,678.62 | Six Months (ASI CHG) | +19.77% |
| Deals | 4,219 | 52 Weeks (ASI CHG) | +11.89% |
| Gainers | 19 | Losers | 19 |
| Unchanged | 107 | Total | 113 |
| YTD Returns | +8.93% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.29 |
| NGX30 | -0.69 |
| NGXBNK | 1.32 |
| NGXCNSMRGDS | -0.39 |
| NGXINDUSTR | -1.89 |
| NGXINS | -0.63 |
| NGXLOTUSISLM | -0.76 |
| NGXOILGAS | -0.59 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| AIRTELAFRI | 1155.50 | 1155.50 | 1271.00 | 115.50 | 10.00 |
| ETI | 9.95 | 9.95 | 10.90 | 0.95 | 9.55 |
| COURTVILLE | 0.55 | 0.55 | 0.60 | 0.05 | 9.09 |
| ACADEMY | 0.79 | 0.79 | 0.86 | 0.07 | 8.86 |
| LEARNAFRCA | 1.29 | 1.29 | 1.40 | 0.11 | 8.53 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| CADBURY | 9.50 | 9.50 | 8.60 | -0.90 | -9.47 |
| PRESTIGE | 0.46 | 0.46 | 0.42 | -0.04 | -8.70 |
| CHAMPION | 2.55 | 2.55 | 2.35 | -0.20 | -7.84 |
| LINKASSURE | 0.56 | 0.56 | 0.52 | -0.04 | -7.14 |
| NEIMETH | 1.90 | 1.90 | 1.80 | -0.10 | -5.26 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| MULTIVERSE | 0.21 | 57,599,031 | 11,887,559.70 |
| MBENEFIT | 0.26 | 48,257,904 | 12,131,889.11 |
| GTCO | 25.50 | 36,746,847 | 936,852,160.50 |
| CHAMS | 0.21 | 22,060,702 | 4,584,597.42 |
| NB | 47.35 | 13,368,201 | 632,535,523.00 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| MTNN | 190.00 | 5,237,987 | 995,268,654.80 |
| GTCO | 25.50 | 36,746,847 | 936,852,160.50 |
| NB | 47.35 | 13,368,201 | 632,535,523.00 |
| AIRTELAFRI | 1271.00 | 405,454 | 515,225,106.90 |
| SEPLAT | 785.00 | 412,343 | 323,695,913.00 |
OUTLOOK
The positive performance of the market today was as a result of investors’ buy-interests in highly-capitalised stocks like AIRTELAFRICA, UBA, and 17 others as bargain-hunters continue to take positions in dividend-paying stocks. We expect mixed sentiments to continue with reactions to economic changes and the financial results of corporates.
