The Nigerian equity market rounded up trading activities for the week, Friday (25/03/2020) in the green. The NGX-ASI gained by 0.01% to 46,964.23 from 46,961.62, indicating a YTD return of +9.94%. Similarly, the market capitalization also rose to N25.311 trillion from N25.309 trillion. The market turnover rose to N4.18bn from N2.63bn. The market breadth closed negative at 0.94x, as 15 stocks advanced against 16stocks that declined, while 71 stocks remained unchanged. The share prices of PZ gained 6.90% to top the gainers’ list, while NNFM declined by -7.83% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: PZ (+6.90%), JAPAULGOLD (+6.45%), FTNCOCOA (+6.06%), AFRIPRUD (+5.98%), CHIPLC (+5.00%), NIGERINS (+5.00%), MULTIVERSE (+4.55%), NGXGROUP (+2.17%), UNITYBNK (+2.08%), RTBRISCOE (+1.54%), ZENITHBANK (+1.13%), LASACO (+0.96%), UBA (+0.66%), GTCO(+0.65%), and FIDELITY (+0.30%)
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MARKET STATISTICS
| CAP | N25,311,161,966,406.11 | One Day (ASI CHG) | +0.01% |
| Index | 46,964.23 | One Week (ASI CHG) | -0.67% |
| Volume | 177,090,688 | One Month (ASI CHG) | -0.77% |
| Value | N4,180,378,776.14 | Six Months (ASI CHG) | +20.54% |
| Deals | 3,873 | 52 Weeks (ASI CHG) | +19.52% |
| Gainers | 15 | Losers | 16 |
| Unchanged | 71 | Total | 102 |
| YTD Returns | +9.94% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.01 |
| NGX30 | -0.05 |
| NGXBNK | 0.48 |
| NGXCNSMRGDS | 0.07 |
| NGXINDUSTR | 0 |
| NGXINS | 0.15 |
| NGXLOTUSISLM | 0 |
| NGXOILGAS | 0 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| PZ | 8.7 | 9.3 | 0.6 | 6.90 |
| JAPAULGOLD | 0.31 | 0.33 | 0.02 | 6.45 |
| FTNCOCOA | 0.33 | 0.35 | 0.02 | 6.06 |
| AFRIPRUD | 5.85 | 6.2 | 0.35 | 5.98 |
| CHIPLC | 0.6 | 0.63 | 0.03 | 5.00 |
| NIGERINS | 0.2 | 0.21 | 0.01 | 5.00 |
| MULTIVERSE | 0.22 | 0.23 | 0.01 | 4.55 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| NNFM | 10.85 | 10 | -0.85 | -7.83 |
| FCMB | 3.6 | 3.34 | -0.26 | -7.22 |
| LIVESTOCK | 1.65 | 1.55 | -0.10 | -6.06 |
| NEIMETH | 1.63 | 1.57 | -0.06 | -3.68 |
| UPDC | 0.91 | 0.88 | -0.03 | -3.30 |
| ROYALEX | 1.25 | 1.21 | -0.04 | -3.20 |
| TRANSCORP | 1.1 | 1.07 | -0.03 | -2.73 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FIDELITYBK | 3.3 | 242 | 62,686,931 | 206,471,782.46 |
| ZENITHBANK | 26.9 | 511 | 22,047,571 | 591,228,885.15 |
| GTCO | 23.15 | 477 | 16,417,566 | 381,561,180.15 |
| UBA | 7.65 | 160 | 12,273,083 | 93,960,994.40 |
| HONYFLOUR | 3.56 | 94 | 9,308,883 | 35,271,832.02 |
| TRANSCORP | 1.07 | 87 | 4,826,694 | 5,234,557.90 |
| FBNH | 11.85 | 106 | 3,327,831 | 39,650,160.60 |
Top 7 Traders By Value
| Security | Open Price | Number of Trades | Daily Volume | Daily Value |
| NESTLE | 1395 | 33 | 1,398,248 | 1,950,581,391.80 |
| ZENITHBANK | 26.6 | 511 | 22,047,571 | 591,228,885.15 |
| GTCO | 23 | 477 | 16,417,566 | 381,561,180.15 |
| FIDELITYBK | 3.29 | 242 | 62,686,931 | 206,471,782.46 |
| AIRTELAFRI | 1260 | 20 | 150,574 | 189,721,450.00 |
| MTNN | 204 | 133 | 735,166 | 151,428,335.50 |
| SEPLAT | 930 | 26 | 103,159 | 95,964,035.00 |
OUTLOOK
The Nigerian equity market closed trading activities for today positive as bullish sentiments were seen across some major market sectors. Investors continue to hunt for the right instrument to track inflation. We expect cautious trading to continue pending any significant changes in the economic conditions.
