The Nigerian equity market closed transactions for today (Friday) falling by 0.06%, extending yesterdays negative trend. The NGX- ASI dropped to 47,268.61 from 47,296.07 indicating a YTD return of +10.66%. The market turnover decreased to N2.123bn from N6.87bn. The market breadth was positive at 1.11x as 20 stocks advanced against 18 stocks that declined, while 67 stocks remained unchanged. The share prices of JOHNHOLT gained 8.86% to top the gainers’ list, while ROYALEX declined by -9.40% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: ROYALEX (-9.40%), LASACO(-8.85%), NIGERINS(-8.00%), CHAMS(-4.55%), MBENEFIT(-3.85%), UACN(-3.13%), WEMABANK(-2.11%), UNILEVER(-2.07%), UNITYBNK(-2.00%), STERLNBANK(-1.94%), ETERNA(-1.75%), ETI(-1.36%), GTCO(-1.33%), NAHCO(-1.24%), UBA(-1.20%), UPDC(-1.08%), ZENITHBANK (-0.94%) and MTNN(-0.25%).
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MARKET STATISTICS
| CAP | N25,475,204,566,888.55 | One Day (ASI CHG) | -0.06% |
| Index | 47268.61 | One Week (ASI CHG) | -0.13% |
| Volume | 179,327,750.00 | One Month (ASI CHG) | -0.02% |
| Value | N2,123,319,059.24 | Six Months (ASI CHG) | +20.40% |
| Deals | 4,654.00 | 52 Weeks (ASI CHG) | +20.08% |
| Gainers | 20 | Losers | 18 |
| Unchanged | 67 | Total | 105 |
| YTD Returns | +10.66% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.06 |
| NGX30 | -0.05 |
| NGXBNK | -0.66 |
| NGXCNSMRGDS | 0.13 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.60 |
| NGXLOTUSISLM | -0.01 |
| NGXOILGAS | 0.24 |
Top 7 Gainers
| Security | Previous Close | Close | Change | % change |
| JOHNHOLT | 0.79 | 0.86 | 0.07 | 8.86 |
| REGALINS | 0.39 | 0.42 | 0.03 | 7.69 |
| LINKASSURE | 0.54 | 0.58 | 0.04 | 7.41 |
| CHIPLC | 0.56 | 0.59 | 0.03 | 5.36 |
| UCAP | 13.20 | 13.90 | 0.70 | 5.30 |
Top 7 Losers
| Security | Previous Close | Close | Change | % change |
| ROYALEX | 1.49 | 1.35 | -0.14 | -9.40 |
| LASACO | 1.13 | 1.03 | -0.10 | -8.85 |
| NIGERINS | 0.25 | 0.23 | -0.02 | -8.00 |
| CHAMS | 0.22 | 0.21 | -0.01 | -4.55 |
| MBENEFIT | 0.26 | 0.25 | -0.01 | -3.85 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FCMB | 3.41 | 85 | 25,022,784.00 | 84,457,525.52 |
| ZENITHBANK | 26.45 | 392 | 13,012,994.00 | 344,959,675.35 |
| FBNH | 11.25 | 201 | 12,765,307.00 | 142,089,402.70 |
| UCAP | 13.90 | 264 | 10,195,610.00 | 140,066,486.20 |
| COURTVILLE | 0.60 | 56 | 9,697,326.00 | 5,819,570.74 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| ZENITHBANK | 26.45 | 392 | 13,012,994.00 | 344,959,675.35 |
| MTNN | 203.50 | 224 | 1,435,833.00 | 291,890,191.90 |
| GTCO | 26.00 | 294 | 8,802,066.00 | 229,430,416.80 |
| FBNH | 11.25 | 201 | 12,765,307.00 | 142,089,402.70 |
| UCAP | 13.90 | 264 | 10,195,610.00 | 140,066,486.20 |
OUTLOOK
Trading activities ended the week bearish, bringing about three consecutive days of losses. Bulls are expected to return to the market given the spate of corporate actions and oil and gas acquisitions, we anticipate improved market activity to encourage a bullish response next week.
