As expected the market recovered today after three days of loses, the ASI rose by 0.21% to end the trading day positively. The NGX- ASI rose to 47,157.23 from 47,057.24, indicating a YTD return of +10.40%. Market capitalization rose to N25.411trn from N25.36trn gaining N53.88bn.
The market turnover decreased to N4.7bn from N5.09bn, while market breadth was positive at 1.93x as 27 stocks advanced against 14 stocks that declined, 78 stocks remained unchanged. The share price of RTBRISCOE rose by 10.00% to top the gainer’s chart, while JULI declined by -9.89% to lead the losers’ chart.
Stocks whose share prices declined during intra-day trading include: RTBRISCOE(+10.00%), SCOA (+9.49%), SUNUASSUR (+8.33%) NEM (+7.25%), UBN (+6.84%), NEIMETH (+5.52%), INTBREW (+4.95%), ACADEMY (+4.84%),FLOURMILL (+4.34%),MBENEFIT (+4.00%), COURTVILLE(+3.92%),LEARNAFRCA (+3.57%), AFRIPRUD (+3.03%), GUINNESS (+2.99%), ACCESS (+2.94%), ETI (+2.50%), STERLNBANK(+1.18%), UBA(+1.16%) UPDC and (+1.00%)
Click here for more on price list
MARKET STATISTICS
| CAP | N25,411,330,198,688.10 | One Day (ASI CHG) | +0.21% |
| Index | 47,157.23 | One Week (ASI CHG) | +0.48% |
| Volume | 297,245,335 | One Month (ASI CHG) | +7.53% |
| Value | N4,694,211,850 | Six Months (ASI CHG) | +22.27% |
| Deals | 4,661 | 52 Weeks (ASI CHG) | +13.60% |
| Gainers | 27 | Losers | 14 |
| Unchanged | 78 | Total | 119 |
| YTD Returns | +10.40% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.21 |
| NGX30 | 0.31 |
| NGXBNK | 1.68 |
| NGXCNSMRGDS | 0.65 |
| NGXINDUSTR | 0.03 |
| NGXINS | 0.18 |
| NGXLOTUSISLM | 0 |
| NGXOILGAS | 0.09 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| RTBRISCOE | 0.30 | 0.33 | 0.03 | 10.00 |
| SCOA | 1.37 | 1.50 | 0.13 | 9.49 |
| SUNUASSUR | 0.36 | 0.39 | 0.03 | 8.33 |
| NEM | 3.31 | 3.55 | 0.24 | 7.25 |
| UBN | 5.85 | 6.25 | 0.40 | 6.84 |
| NEIMETH | 1.81 | 1.91 | 0.10 | 5.52 |
| INTBREW | 5.05 | 5.30 | 0.25 | 4.95 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| JULI | 0.91 | 0.82 | -0.09 | -9.89 |
| MULTIVERSE | 0.21 | 0.20 | -0.01 | -4.76 |
| SOVRENINS | 0.24 | 0.23 | -0.01 | -4.17 |
| AIICO | 0.73 | 0.71 | -0.02 | -2.74 |
| UPDCREIT | 3.65 | 3.55 | -0.10 | -2.74 |
| UNITYBNK | 0.50 | 0.49 | -0.01 | -2.00 |
| LINKASSURE | 0.51 | 0.50 | -0.01 | -1.96 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| PRESCO | 104.00 | 175.00 | 8,538,905.00 | 910,707,966.00 |
| MTNN | 197.00 | 270.00 | 4,402,337.00 | 865,910,162.50 |
| NGXGROUP | 25.10 | 94.00 | 22,694,739.00 | 567,093,211.95 |
| ACCESS | 10.50 | 303.00 | 48,079,317.00 | 498,702,665.60 |
| GTCO | 27.25 | 298.00 | 17,335,465.00 | 473,123,809.40 |
| ZENITHBANK | 27.10 | 315.00 | 15,839,163.00 | 428,239,296.15 |
| FLOURMILL | 31.25 | 92.00 | 5,123,196.00 | 158,883,979.15 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ACCESS | 10.50 | 303.00 | 48,079,317.00 | 498,702,665.60 |
| SOVRENINS | 0.23 | 33.00 | 37,477,782.00 | 8,621,182.68 |
| NGXGROUP | 25.10 | 94.00 | 22,694,739.00 | 567,093,211.95 |
| FIDELITYBK | 2.90 | 109.00 | 21,020,714.00 | 60,502,729.27 |
| TRANSCORP | 1.16 | 126.00 | 18,365,854.00 | 21,411,843.78 |
| GTCO | 27.25 | 298.00 | 17,335,465.00 | 473,123,809.40 |
| ZENITHBANK | 27.10 | 315.00 | 15,839,163.00 | 428,239,296.15 |
OUTLOOK
Trading activities for today closed positive halting the negative run of three consecutive trading days. We expect the bullish sentiment to be sustained by investors taking positions, as more companies release their audited financials.
