Local Bourse Sustains Positive Trend, as NGX-ASI Increases Marginally by 0.03%

The Nigerian equity market closed transactions for today on a positive note. The NGX- ASI increased to 47,246.90 from 47233.91 indicating a YTD return of +10.61%. The market turnover declined to N5.16bn from N6.524bn , while market breadth was positive at 1.61x as 29 stocks advanced against 18 stocks, while 69 stocks remained unchanged.The share prices of LEARNAFRCA and NIGERINS both gained 10%  to top the gainers’ list, while ELLAHLAKES declined by -9.88% to lead the losers’ chart.

Stocks whose share prices gained during intra-day trading include: LEARNAFRCA (+10.00%), NIGERINS (+10.00%), SCOA(+9.79%), CUTIX(+9.65%), MAYBAKER(+9.65%), ROYALEX(+9.47%), BERGER(+9.27%), RTBRISCOE(+9.09%), ETERNA(+7.41%), PHARMDEKO(+6.52%), AFRIPRUD(+4.70%), MBENEFIT(+3.85%), JAIZBANK(+2.86%), FTNCOCOA(+2.86%), LIVESTOCK(+2.59%), TRANSCORP(+2.46%), WEMABANK(+2.30%), UCAP(+2.27%), PRESTIGE(+2.27%), CAVERTON(+2.05%), LINKASSURE(+2.00%), UPDCREIT(+1.33%), GTCO(+1.32%), HONYFLOUR(+1.30%), UBA(+1.16%), FIDELITYBK(+0.98%), FIDSON(+0.48%), FBNH(+0.44%) and STANBIC(+0.29%).

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MARKET STATISTICS

CAP N25,463,504,619,297.95 One Day (ASI CHG) +0.03%
Index 47,246.90 One Week (ASI CHG) +0.39%
Volume 421,820,943.00 One Month (ASI CHG) +2.81%
Value N5,155,124,125.35 Six Months (ASI CHG)  +19.66%
Deals 5,992.00 52 Weeks (ASI CHG) +17.66%
Gainers 29 Losers 18
Unchanged 69 Total 116
YTD Returns +10.61%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI 0.03
NGX30 0.08
NGXBNK -0.08
NGXCNSMRGDS -0.4
NGXINDUSTR 0.02
NGXINS -0.61
NGXLOTUSISLM 0.01
NGXOILGAS 0.01

Top 7 Gainer 

Security Previous Close Close Price Change Price % change
LEARNAFRCA 2.20 2.42 0.22 10.00
NIGERINS 0.20 0.22 0.02 10.00
SCOA 2.35 2.58 0.23 9.79
CUTIX 2.59 2.84 0.25 9.65
MAYBAKER 4.56 5.00 0.44 9.65
ROYALEX 0.95 1.04 0.09 9.47
BERGER 7.55 8.25 0.70 9.27

Top 7 Losers

Security Previous Close Close Price Change Price % change
ELLAHLAKES 4.25 3.83 -0.42 -9.88
VERITASKAP 0.25 0.23 -0.02 -8.00
COURTVILLE 0.54 0.51 -0.03 -5.56
GUINNESS 74.00 70.05 -3.95 -5.34
NEIMETH 1.89 1.80 -0.09 -4.76
PZ 7.00 6.70 -0.30 -4.29
SOVRENINS 0.25 0.24 -0.01 -4.00

Top 7 Traders By Volume

Security Close Price Number of Trades  Daily Volume   Daily Value 
UCAP 13.5 857    66,097,630.00        889,150,049.65
TRANSCORP 1.25 236    53,531,325.00          66,282,353.38
ZENITHBANK 26.95 307    51,634,460.00    1,392,047,973.15
FIDELITYBK 3.1 192    44,370,000.00        137,731,618.52
ACCESS 10.3 201    26,776,972.00        277,974,094.35
UBA 8.75 231    19,915,293.00        174,185,900.55
REGALINS 0.38 30    15,679,000.00            5,763,350.00

Top 7 Traders By Value

Security Close Price Number of Trades  Daily Volume   Daily Value 
ZENITHBANK 26.95 307    51,634,460.00    1,392,047,973.15
UCAP 13.5 857    66,097,630.00        889,150,049.65
SEPLAT 800 22          969,381.00        775,500,407.00
ACCESS 10.3 201    26,776,972.00        277,974,094.35
MTNN 199.8 191      1,246,546.00        249,025,530.20
GTCO 26.8 330      9,194,955.00        246,691,901.30
UBA 8.75 231    19,915,293.00        174,185,900.55

OUTLOOK

It is expected that  the market trading activities maintain the current  trend. Also, the week may experience continuous gains, as more stocks release their financial statements with investors taking their best bets. Economic trends like the circumstances surrounding oil prices can also be a determining factor for most investments.

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