The Nigerian equities market shed 0.12%, as the rout in equities prices extend the market loss to three consecutive trading sessions, buoyed by profit-taking in the Financial sector. The NGX- ASI decreased to 44,399.66 from 44,454.67, while the YTD return of the index dipped to +3.94% from +4.07%. The total market capitalization decreased to N23.92 from N24.95trn as investors lost N29.64bn.
The market turnover decreased to N2.69bn from N9.83bn, while market breadth was negative at 0.68x as 15 stocks advanced against 22 stocks that declined, 66 stocks remained unchanged. The share price of SUNUASSURANC increased by 9.68% to top the gainer’s chart, while VERITASKAP declined -8.70% to lead the losers’ chart.
Stocks whose share prices decreased during intra-day trading include: VERITASKAP (-8.70%), MBENEFIT (-7.41%), BUAFOODS (-6.36%), TRANSCORP (-5.26%), INTBREW (-3.88%), JAIZBANK (-2.94%), FIDSON (-2.67%), JAPAULGOLD (-2.38%), NGXGROUP (-2.27%), PZ (-2.10%), CUTIX (-2.03%), STERLNBANK (-1.27%), UBA (-1.21%), WAPCO (-0.78%), LIVESTOCK (-0.47%), FCMB (-0.33%) and GTCO (-0.20%),
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MARKET STATISTICS
| CAP | N23,921,712,379,427.36 | One Day (ASI CHG) | -0.12% |
| Index | 44,399.66 | One Week (ASI CHG) | +1.14% |
| Volume | 214,315,212 | One Month (ASI CHG) | +4.83% |
| Value | N2,688,643,899.38 | Six Months (ASI CHG) | +17.00% |
| Deals | 4,410 | 52 Weeks (ASI CHG) | +7.83% |
| Gainers | 15 | Losers | 22 |
| Unchanged | 66 | Total | 103 |
| YTD Returns | +3.94% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.12 |
| NGX30 | 0.19 |
| NGXBNK | -0.08 |
| NGXCNSMRGDS | 0.2 |
| NGXINDUSTR | 0.81 |
| NGXINS | -0.19 |
| NGXLOTUSISLM | 0.26 |
| NGXOILGAS | 0.21 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| SUNUASSUR | 0.31 | 0.34 | 0.03 | 9.68 |
| ETERNA | 5.61 | 6.00 | 0.39 | 6.95 |
| WAPIC | 0.48 | 0.51 | 0.03 | 6.25 |
| CHIPLC | 0.67 | 0.70 | 0.03 | 4.48 |
| NB | 46.00 | 47.30 | 1.30 | 2.83 |
| NEIMETH | 1.80 | 1.85 | 0.05 | 2.78 |
| BUACEMENT | 68.50 | 70.00 | 1.50 | 2.19 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| VERITASKAP | 0.23 | 0.21 | -0.02 | -8.70 |
| MBENEFIT | 0.27 | 0.25 | -0.02 | -7.41 |
| CORNERST | 0.55 | 0.51 | -0.04 | -7.27 |
| BUAFOODS | 66.00 | 61.80 | -4.20 | -6.36 |
| COURTVILLE | 0.37 | 0.35 | -0.02 | -5.41 |
| TRANSCORP | 1.14 | 1.08 | -0.06 | -5.26 |
| INTBREW | 5.15 | 4.95 | -0.20 | -3.88 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| TRANSCORP | 1.08 | 39,347,236.00 | 43,050,455.73 |
| FBNH | 12.00 | 25,495,680.00 | 305,974,260.65 |
| GTCO | 25.15 | 24,811,707.00 | 625,087,836.05 |
| ZENITHBANK | 25.50 | 20,918,370.00 | 532,963,107.60 |
| FIDELITYBK | 2.65 | 10,356,143.00 | 27,223,806.31 |
| NB | 47.30 | 6,300,718.00 | 298,158,777.25 |
| SOVRENINS | 0.25 | 5,755,500.00 | 1,401,260.00 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| GTCO | 25.15 | 24,811,707.00 | 625,087,836.05 |
| ZENITHBANK | 25.50 | 20,918,370.00 | 532,963,107.60 |
| FBNH | 12.00 | 25,495,680.00 | 305,974,260.65 |
| NB | 47.30 | 6,300,718.00 | 298,158,777.25 |
| MTNN | 190.00 | 961,466.00 | 182,686,379.00 |
| BUACEMENT | 70.00 | 2,085,388.00 | 145,327,755.90 |
| BUAFOODS | 61.80 | 1,227,814.00 | 76,535,521.45 |
OUTLOOK
Todays market negative performance can be attributed to investor’s profit-taking in the financial sector, comprising of both the Banking and the Insurance sector. Nevertheless, we still expect positive sentiments to return as investors look forward to corporate results for 2021.
