The Nigerian equity market closed negative by 0.10% reversing the previous day’s gain. The NGX- ASI declined to 47,102.64 from 47,109.25, indicating a YTD return of +10.27%. The market turnover decreased to N6.48 bn from N8.26bn, while market breadth was negative at 1.88x as 32 stocks advanced against 17 stocks, while 65 stocks remained unchanged. The share price of NNFM and RTBRISCOE gained 10.00 % to top the gainer’s list, while CWG declined by -9.76% to lead the losers’ chart.
Stocks whose share prices increased during intra-day trading include: CWG(-9.76%), CHAMPION(-8.89%), LASACO (-7.08%), SEPLAT(-5.88%) FCMB(-4.15%), UNITYBANK(-3.92%), CHIPLC(-3.17%), ETERNA(-1.94%), AFRIPRUD(-1.52%), FIDSON(-1.22%), NGXGROUP(-1.20%), INTBREW(-0.99%), ZENITHBANK(-0.19%), and MTNN(-0.10%)
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MARKET STATISTICS
| CAP | N25,385,756,870,650.65 | One Day (ASI CHG) | -0.10% |
| Index | 47,102.64 | One Week (ASI CHG) | -0.39% |
| Volume | 357,764,363 | One Month (ASI CHG) | +6.09% |
| Value | N 6,482,040,133.36 | Six Months (ASI CHG) | +19.10% |
| Deals | 4,251 | 52 Weeks (ASI CHG) | +16.40% |
| Gainers | 32 | Losers | 17 |
| Unchanged | 65 | Total | 114 |
| YTD Returns | +10.27% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.01 |
| NGX30 | -0.03 |
| NGXBNK | 0.36 |
| NGXCNSMRGDS | 0.22 |
| NGXINDUSTR | 0.11 |
| NGXINS | 0.54 |
| NGXLOTUSISLM | 0.08 |
| NGXOILGAS | -3.08 |
Top 7 Gainer
| Security | Previous Close | Close Price | Change Price | % Change |
| NNFM | 9.00 | 9.90 | 0.90 | 10.00 |
| RTBRISCOE | 0.50 | 0.55 | 0.05 | 10.00 |
| HONYFLOUR | 3.33 | 3.66 | 0.33 | 9.91 |
| SCOA | 1.95 | 2.14 | 0.19 | 9.74 |
| ACADEMY | 1.49 | 1.63 | 0.14 | 9.40 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| CWG | 1.23 | 1.11 | -0.12 | -9.76 |
| CHAMPION | 2.25 | 2.05 | -0.20 | -8.89 |
| LASACO | 1.13 | 1.05 | -0.08 | -7.08 |
| SEPLAT | 850.00 | 800.00 | -50.00 | -5.88 |
| COURTVILLE | 0.54 | 0.51 | -0.03 | -5.56 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 26.30 | 270 | 130,140,273 | 3,415,788,188.25 |
| UCAP | 10.95 | 152 | 30,274,570 | 333,401,152.00 |
| FIDELITYBK | 3.00 | 202 | 26,496,174 | 79,171,271.75 |
| ACCESS | 10.40 | 173 | 16,340,925 | 169,109,083.00 |
| FCMB | 3.00 | 118 | 14,317,981 | 42,982,888.04 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 26.30 | 270 | 130,140,273 | 3,415,788,188.25 |
| MTNN | 199.80 | 225 | 3,886,138 | 776,558,819.70 |
| SEPLAT | 800.00 | 30 | 835,890 | 671,364,970.70 |
| UCAP | 10.95 | 152 | 30,274,570 | 333,401,152.00 |
| ZENITHBANK | 26.80 | 230 | 11,798,728 | 316,421,146.95 |
| ACCESS | 10.40 | 173 | 16,340,925 | 169,109,083.00 |
OUTLOOK
Investors remain jittery about the state of the economy and have resolved to study conditions before making aggressive bets. This can be seen in tepid market volatility from the past week. Barring any significant events, we expect the market activities to maintain its current lukewarm trend, however, it is expected that the week experiences some positivism as investors take positions in stocks yet to release their financial statements.
