The Nigerian equities market declined by 0.16%, as the rout in equities prices was negative. The NGX- ASI decreased to 47,203.39 from 47,279.92 , while the YTD return declined to +10.50% from +10.68%. The total market capitalization dropped to N25.44trn from N25.48trn as investors lost N41.24bn.
The market turnover increased to N5.13bn from N2.39bn, while market breadth was at par, 23 stocks advanced against 23 stocks that declined, 66 stocks remained unchanged. The share price of SUNUASSURANCE increased by 10.00% each to top the gainer’s chart, while OKOMU declined by -10.00% to lead the losers’ chart.
Stocks whose share prices declined during intra-day trading include: OKOMUOIL(-10.00%), NEM(-9.61%), OANDO(-7.95%) PZ(-7.19%), INTBREW(-5.56%), AIICO(-4.17%), NPFMCRF(-2.78%), LIVESTOCK(-1.96%), UPDC(-1.85%), HONYFLOUR(-1.43%), FBNH(-0.90%), UBN(-0.85%), MTNN(-0.65%), UACN(-0.56%), GTCO(-0.55%), SEPLAT(-0.46%), ETI(-0.41%), and FIDSON(-0.25%),
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MARKET STATISTICS
| CAP | N 25,436,202,830,247.6 | One Day (ASI CHG) | -0.16% |
| Index | 47,203.39 | One Week (ASI CHG) | +1.24% |
| Volume | 285,478,067 | One Month (ASI CHG) | +7..64% |
| Value | N 5,129,783,849.25 | Six Months (ASI CHG) | +21.62% |
| Deals | 5,342 | 52 Weeks (ASI CHG) | +13.17% |
| Gainers | 23 | Losers | 23 |
| Unchanged | 66 | Total | 112 |
| YTD Returns | +10.50% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.16 |
| NGX30 | -0.21 |
| NGXBNK | 1.14 |
| NGXCG | 0.04 |
| NGXCNSMRGDS | -0.43 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.84 |
| NGXOILGAS | -1.48 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| SUNUASSUR | 0.30 | 0.30 | 0.33 | 0.03 | 10.00 |
| SCOA | 1.25 | 1.25 | 1.37 | 0.12 | 9.60 |
| PRESTIGE | 0.42 | 0.42 | 0.45 | 0.03 | 7.14 |
| RTBRISCOE | 0.28 | 0.28 | 0.30 | 0.02 | 7.14 |
| JAPAULGOLD | 0.37 | 0.37 | 0.39 | 0.02 | 5.41 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| OKOMUOIL | 142.00 | 142.00 | 127.80 | -14.20 | -10.00 |
| NEM | 3.33 | 3.33 | 3.01 | -0.32 | -9.61 |
| GUINEAINS | 0.22 | 0.22 | 0.20 | -0.02 | -9.09 |
| PHARMDEKO | 1.98 | 1.98 | 1.81 | -0.17 | -8.59 |
| OANDO | 5.16 | 5.16 | 4.75 | -0.41 | -7.95 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| GTCO | 27.35 | 44,925,831.00 | 1,232,278,618.80 |
| TRANSCORP | 1.15 | 23,590,940.00 | 27,492,967.44 |
| FIDELITYBK | 2.87 | 23,210,401.00 | 66,403,386.73 |
| NB | 48.00 | 18,175,080.00 | 872,539,673.50 |
| FBNH | 11.00 | 13,460,382.00 | 149,385,866.75 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| GTCO | 27.35 | 44,925,831.00 | 1,232,278,618.80 |
| NB | 48.00 | 18,175,080.00 | 872,539,673.50 |
| SEPLAT | 866.00 | 809,804.00 | 699,730,966.60 |
| NESTLE | 1435.00 | 306,158.00 | 433,189,210.10 |
| MTNN | 199.00 | 1,735,801.00 | 346,328,188.70 |
OUTLOOK
The market closed on a bearish note, due to profit-taking in recently appreciated bellwethers such as OKOMUOIL, FBNH, SEPLAT, MTNN, GTCO, and others thereby extending the negative sentiments from last week. We expect bullish sentiment as investors take positions, as more companies release their audited financials.
