Industrial and Banking Sector Recedes Local Bourse by 0.31%

The Nigerian equities market declined by 0.31%, as the rout in equities prices was negative. The NGX- ASI decreased to 47,057.24 from 47,203.39, while the YTD return declined to +10.16% from +10.50%. The total market capitalization dropped to N25.36trn from N25.44trn as investors lost N78.75bn.

The market turnover decreased to N5.09bn from N5.13bn, while market breadth was negative at 0.86x as 18 stocks advanced against 21 stocks that declined, 69 stocks remained unchanged. The share price of PRESCO increased by 10.00% to top the gainer’s chart, while COURTVILLE declined by -7.27% to lead the losers’ chart.

Stocks whose share prices declined during intra-day trading include: COURTVILLE (-7.27%), UPDC (-5.66%), UPL (-5.41%) UNILEVER (-4.36%), BUAFOODS (-4.04%), MBENEFIT (-3.85%), CUTIX (-3.61%), FIDSON (-2.97%), UPDCREIT (-1.35%), UCAP (-1.34%), ROYALEX (-1.19%), MTNN (-1.01%), LIVESTOCK (-1.00%), ACCESS (-0.97%), UBA (-0.58%), CADBURY (-0.57%), ETI(-0.41%), GTCO (-0.37%) and BERGER (-0.19%), 

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MARKET STATISTICS

CAP N25,357,448,767,024.59 One Day (ASI CHG) -0.31%
Index 47,057.24 One Week (ASI CHG) -0.11%
Volume 238,216,462 One Month (ASI CHG) +7.30%
Value N5,085,310,485.29 Six Months (ASI CHG) +21.25%
Deals 4,826 52 Weeks (ASI CHG) +13.22%
Gainers 18 Losers 21
Unchanged 69 Total 108
YTD Returns +10.16%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI -0.31
NGX30 -0.12
NGXBNK -0.17
NGXCNSMRGDS 0.04
NGXINDUSTR -0.01
NGXINS 2.35
NGXLOTUSISLM -0.10
NGXOILGAS 0.89

Top 7 Gainers

Security Previous Close Close Price Change Price % Change
PRESCO 95.00 104.50 9.50 10.00
NEM 3.01 3.31 0.30 9.97
IKEJAHOTEL 1.33 1.46 0.13 9.77
SUNUASSUR 0.33 0.36 0.03 9.09
AIICO 0.69 0.73 0.04 5.80
OANDO 4.75 5.02 0.27 5.68
MULTIVERSE 0.20 0.21 0.01 5.00

Top 7 Losers

Security Previous Close Close Price Change Price % Change
COURTVILLE 0.55 0.51 -0.04 -7.27
UPDC 1.06 1.00 -0.06 -5.66
UPL 2.59 2.45 -0.14 -5.41
UNILEVER 13.75 13.15 -0.60 -4.36
BUAFOODS 64.40 61.80 -2.60 -4.04
MBENEFIT 0.26 0.25 -0.01 -3.85
CUTIX 2.49 2.40 -0.09 -3.61

Top 7 Traders By Value

Security Close Price Number of Trades  Daily Volume   Daily Value 
GTCO 27.25 376          32,353,859    887,638,354.15
ZENITHBANK 27 339          24,324,646    653,468,434.50
FIDELITYBK 2.88 130          22,294,577      63,932,063.85
TRANSCORP 1.16 135          21,397,414      24,845,335.71
NGXGROUP 24.95 182          17,230,931    426,630,702.80
ACCESS 10.2 169          10,166,869    103,836,196.20
UBA 8.6 190             9,691,492      83,076,237.50

Top 7 Traders By Volume

Security Close Price Number of Trades  Daily Volume   Daily Value 
GTCO 27.25 376          32,353,859    887,638,354.15
SEPLAT 866 60                793,684    687,198,415.10
ZENITHBANK 27 339          24,324,646    653,468,434.50
MTNN 197 290             2,912,482    572,694,270.10
NESTLE 1435 51                330,607    473,762,172.40
NGXGROUP 24.95 182          17,230,931    426,630,702.80
PRESCO 104.5 130             2,725,954    277,803,668.05

 

 

OUTLOOK

Trading activities for today closed negative, due to profit-taking activities in medium and large stocks, extending the negative run to three consecutive trading days. We expect bullish sentiment to return as investors take positions, as more companies release their audited financials.

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