The Nigerian equities market gained 0.57%,as the rout in equities prices remained positive. NGX- ASI increased to 43,854.42 from 43,607.94, while the YTD return of the index further rose to +2.66% from +2.09%. The total market capitalization increased to N23.63trn from N23.50trn as investors gained N130.75bn.
The market turnover increased to N12.40bn from N2.13bn, while market breadth was positive at 3.3X as 30 stocks advanced against 9 stocks that declined, 65 stocks remained unchanged. The share price of CORNERST and MEYER increased by 10.00% to top the gainers chart, while CHIPLC lost -9.59% to lead the losers’ chart.
Stocks whose share prices increased during intra-day trading include: CORNERST(10.00%), MEYER(10.00%), ARDOVA(9.92%), BUAFOODS(9.92%), PZ(9.84%), JAPAULGOLD(9.76%), WEMABNK(8.97%), NEIMETH(6.82%), UNITYBNK(6.38%), WAPCO(3.611%), UBN(3.57%), NGXGRP(3.41%), OANDO(3.04%), FBNH(3.04%), STERLNBNK(2.67%), GUINNESS(2.31%), TRANSCORP(1.03%), MANSARD(0.88%), FIDELITY(0.40%), CAP(0.26%) and ZENITHBNK(0.20%).
MARKET STATISTICS
| CAP | N23,627,950,229,657.23 | One Day (ASI CHG) | +0.57% |
| Index | 43,854.42 | One Week (ASI CHG) | +2.66% |
| Volume | 395,154,002.00 | One Month (ASI CHG) | +4.37% |
| Value | N12,399,443,952.04 | Six Months (ASI CHG) | +13.90% |
| Deals | 3,923.00 | 52 Weeks (ASI CHG) | +8.04% |
| Gainers | 30 | Losers | 9 |
| Unchanged | 65 | Total | 104 |
| YTD Returns | +2.66% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.57 |
| NGX30 | 0.25 |
| NGXBNK | 0.44 |
| NGXCNSMRGDS | 0.19 |
| NGXINDUSTR | 0.26 |
| NGXINS | 0.01 |
| NGXLOTUSISLM | 0.08 |
| NGXOILGAS | 0.98 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| CORNERST | 0.50 | 0.50 | 0.55 | 0.05 | 10.00 |
| MEYER | 0.50 | 0.50 | 0.55 | 0.05 | 10.00 |
| ARDOVA | 12.60 | 12.60 | 13.85 | 1.25 | 9.92 |
| BUAFOODS | 48.40 | 48.40 | 53.20 | 4.80 | 9.92 |
| PZ | 6.10 | 6.10 | 6.70 | 0.60 | 9.84 |
| CWG | 1.12 | 1.12 | 1.23 | 0.11 | 9.82 |
| JAPAULGOLD | 0.41 | 0.41 | 0.45 | 0.04 | 9.76 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| CHIPLC | 0.73 | 0.73 | 0.66 | -0.07 | -9.59 |
| SOVRENINS | 0.28 | 0.28 | 0.26 | -0.02 | -7.14 |
| UPDC | 1.22 | 1.22 | 1.18 | -0.04 | -3.28 |
| JBERGER | 22.35 | 22.35 | 21.80 | -0.55 | -2.46 |
| REGALINS | 0.48 | 0.48 | 0.47 | -0.01 | -2.08 |
| LASACO | 1.12 | 1.12 | 1.10 | -0.02 | -1.79 |
| AFRIPRUD | 6.40 | 6.40 | 6.30 | -0.10 | -1.56 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| BUAFOODS | 53.20 | 204,599,864.00 | 10,064,092,986.55 |
| GTCO | 25.80 | 25,675,645.00 | 663,371,632.05 |
| CHAMS | 0.21 | 22,823,311.00 | 4,571,402.47 |
| WEMABANK | 0.85 | 16,046,749.00 | 12,999,977.74 |
| TRANSCORP | 0.98 | 13,755,035.00 | 13,456,406.90 |
| ZENITHBANK | 25.40 | 11,980,841.00 | 304,232,036.25 |
| UBA | 8.00 | 10,775,171.00 | 86,895,099.60 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| BUAFOODS | 53.20 | 204,599,864.00 | 10,064,092,986.55 |
| GTCO | 25.80 | 25,675,645.00 | 663,371,632.05 |
| ZENITHBANK | 25.40 | 11,980,841.00 | 304,232,036.25 |
| NGXGROUP | 21.20 | 7,539,152.00 | 159,168,084.65 |
| SEPLAT | 665.00 | 211,036.00 | 140,574,522.60 |
| MTNN | 197.00 | 667,122.00 | 123,459,996.60 |
| DANGCEM | 250.00 | 475,825.00 | 117,752,082.80 |
OUTLOOK
Today’s market performance was buoyed by investors’ buy interest in all major sectors as activities for the year keep unwinding. We anticipate a continuity of mixed response from the investors with many economic factors taken into consideration.
