The local bourse closed transaction for today (Wednesday), on a bearish note halting the bullish trend from the previous week. The NGX- ASI declined to 47,360.79 from 47,482.73 indicating a YTD return of +10.87%. The market turnover decreased to N4.16bn from N7.85bn. The market breadth was negative at -0.44x as 15 stocks advanced against 34 stocks, while 63 stocks remained unchanged. The share prices of ROYALEX gained 10% to top the gainers’ list, while NIGERINS dipped by -10% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: NIGERINS (-10.00%), INTBREW (-9.73%), NGXGROUP (-8.70%), WAPCO (-7.69%), DANGSUGAR (-7.69%), FIDELITYBK (-5.00%), NAHCO (-4.65%), VITAFOAM (-4.48%), JAIZBANK (-4.11%), UACN (-4.00%), UCAP (-3.68%), ETI (-3.49%), FBNH (-3.48%), LIVESTOCK (-3.16%), JAPAULGOLD (-2.78%), FTNCOCOA (-2.70%), TRANSCORP (-2.65%), ACCESS (-1.92%), UBA (-1.75%), GTCO (-1.11%), OANDO (-1.03%), and ZENITHBANK (-0.19%).

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MARKET STATISTICS
| CAP | N25,524,886,353,927.91 | One Day (ASI CHG) | -0.26% |
| Index | 47,360.79 | One Week (ASI CHG) | +0.33% |
| Volume | 279,953,931 | One Month (ASI CHG) | +0.92% |
| Value | N4,162,725,914.96 | Six Months (ASI CHG) | +20.66% |
| Deals | 5,620 | 52 Weeks (ASI CHG) | +19.30% |
| Gainers | 15 | Losers | 34 |
| Unchanged | 63 | Total | 112 |
| YTD Returns | +10.87% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.26 |
| NGX30 | -0.4 |
| NGXBNK | -1.32 |
| NGXCNSMRGDS | -1.28 |
| NGXINDUSTR | -0.55 |
| NGXINS | 1.01 |
| NGXLOTUSISLM | -0.52 |
| NGXOILGAS | 5.09 |
Top 7 Gainer
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| ROYALEX | 1.50 | 1.50 | 1.65 | 0.15 | 10.00 |
| SEPLAT | 945.80 | 945.80 | 1034.00 | 88.20 | 9.33 |
| MULTIVERSE | 0.22 | 0.22 | 0.24 | 0.02 | 9.09 |
| NEM | 3.82 | 3.82 | 4.14 | 0.32 | 8.38 |
| FCMB | 3.20 | 3.20 | 3.46 | 0.26 | 8.13 |
| GLAXOSMITH | 6.05 | 6.05 | 6.40 | 0.35 | 5.79 |
| SOVRENINS | 0.23 | 0.23 | 0.24 | 0.01 | 4.35 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| NIGERINS | 0.30 | 0.30 | 0.27 | -0.03 | -10.00 |
| INTBREW | 5.65 | 5.65 | 5.10 | -0.55 | -9.73 |
| RTBRISCOE | 0.77 | 0.77 | 0.70 | -0.07 | -9.09 |
| NGXGROUP | 25.30 | 24.95 | 23.10 | -2.20 | -8.70 |
| CORNERST | 0.70 | 0.70 | 0.64 | -0.06 | -8.57 |
| DANGSUGAR | 16.90 | 16.90 | 15.60 | -1.30 | -7.69 |
| WAPCO | 26.00 | 26.00 | 24.00 | -2.00 | -7.69 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.1 | 182 | 29,205,592 | 32,634,945.41 |
| UCAP | 13.1 | 571 | 28,340,044 | 374,211,293.30 |
| ACCESS | 10.2 | 192 | 17,653,544 | 181,486,081.85 |
| ZENITHBANK | 26.95 | 410 | 17,510,882 | 470,728,878.60 |
| FCMB | 3.46 | 156 | 17,385,020 | 57,556,452.37 |
| NGXGROUP | 23.1 | 279 | 16,574,485 | 388,603,375.35 |
| JAIZBANK | 0.7 | 32 | 13,014,949 | 9,270,053.96 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| SEPLAT | 1034 | 202 | 799,619 | 826,517,797.50 |
| AIRTELAFRI | 1260 | 18 | 390,213 | 491,715,693.00 |
| ZENITHBANK | 26.95 | 410 | 17,510,882 | 470,728,878.60 |
| NGXGROUP | 23.1 | 279 | 16,574,485 | 388,603,375.35 |
| UCAP | 13.1 | 571 | 28,340,044 | 374,211,293.30 |
| ACCESS | 10.2 | 192 | 17,653,544 | 181,486,081.85 |
| GTCO | 26.65 | 222 | 5,445,766 | 145,994,182.85 |
OUTLOOK
We expect positive sentiments to return to the market as investors look to take positions in blue chip stocks in expectation of audited results from more companies in the near future.

