Blue-Chip Stocks Spur Domestic Bourse to Resume the Week on a Positive Sentiment

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The Nigerian equities market gained 0.14% as the rout in equities prices reversed after Friday’s sell off. NGX- ASI increased to 43,260.13 from 43,199.27, while the YTD return of the index further rose to +7.42% from +7.27%. The total market capitalization increased to N22.58trn from N22.54trn as investors gained N31.77bn.

The market turnover increased to N16.47bn from N4.29bn, while market breadth was positive at 1.2x as 18 stocks advanced and 15 stocks declined, 72 stocks remained unchanged. The share price of HONYFLOUR increased by 9.73% to top the gainers chart, while UPDC lost -9.74% to lead the losers’ chart.

Stocks whose share prices increased during intra-day trading include:  HONYFLOUR(9.73%), NEM(7.89%), FBNH(6.49%), OANDO(5.97%), CHAMPION(3.83%), CWG(2.94%), CONOIL(2.53%),LIVESTOCK(1.94%), NESTLE(1.83%), FCMB(1.67%), PZ(1.67%), ZENITH(1.26%), FIDELITY(1.17%), ETI(1.16%),ACCESS(1.11%), UCAP(1.04%), AFRIPRUD(0.79%), and GTCO(0.20%).

Nigerian Stock Exchange 2

 

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MARKET STATISTICS

CAP N22,575,958,341,588.15 One Day (ASI CHG) +0.14%
Index 43,260.13 One Week (ASI CHG) +0.07%
Volume 2,402,071,798.00 One Month (ASI CHG) +3.58%
Value N16,467,191,936.47 Six Months (ASI CHG) +12.88%
Deals 4,811.00 52 Weeks (ASI CHG) +26.73%
Gainers 18 Losers 15
Unchanged 72 Total 105
YTD Returns +7.42%

 

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security                          Change Percent
ASI 0.14
NGX30 0.18
NGXBNK 0.76
NGXCNSMRGDS 0.01
NGXINDUSTR -0.14
NGXINS 0.86
NGXLOTUSISLM -0.12
NGXOILGAS 1.27

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % change
HONYFLOUR 3.39 3.72 3.72 0.33 9.73
NEM 1.90 1.90 2.05 0.15 7.89
FBNH 11.55 11.55 12.30 0.75 6.49
OANDO 4.86 4.86 5.15 0.29 5.97
CHAMPION 2.61 2.61 2.71 0.10 3.83
CWG 1.02 1.02 1.05 0.03 2.94
CONOIL 21.70 21.70 22.25 0.55 2.53

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % change
UPDC 1.54 1.54 1.39 -0.15 -9.74
FTNCOCOA 0.44 0.44 0.40 -0.04 -9.09
JAPAULGOLD 0.41 0.41 0.39 -0.02 -4.88
UNIVINSURE 0.21 0.21 0.20 -0.01 -4.76
NPFMCRFBK 1.80 1.80 1.72 -0.08 -4.44
NGXGROUP 15.95 15.95 15.30 -0.65 -4.08
CUTIX 3.21 3.21 3.10 -0.11 -3.43

Top 7 Traders By Volume

Security Close Price  Daily Volume  Daily Value
MBENEFIT 0.26    133,975,911.00          32,590,890.84
FBNH 12.30      88,658,749.00    1,076,768,706.65
GTCO 25.45      43,152,021.00    1,103,545,974.60
STERLNBANK 1.48      25,499,280.00          37,749,101.85
UNIVINSURE 0.20      13,885,200.00            2,812,832.00
ZENITHBANK 24.20      11,742,306.00        281,758,078.70
ACCESS 9.10         9,770,473.00          88,083,554.60


Top 7 Traders By Value

Security Close Price  Daily Volume  Daily Value
GTCO 25.45      43,152,021.00    1,103,545,974.60
FBNH 12.30      88,658,749.00    1,076,768,706.65
NESTLE 1390.00            423,479.00        588,711,900.30
MTNN 190.00         1,864,032.00        354,035,633.60
ZENITHBANK 24.20      11,742,306.00        281,758,078.70
BUACEMENT 74.50         2,599,843.00        174,441,260.65
FLOURMILL 29.25         4,256,482.00        124,217,079.85

 

OUTLOOK

The local bourse closed trading activities for  today on a bullish note, halting the three-days’ loss. We expect investors  to watch the activities on the Treasury Bill primary  auction   taking place  this week, as well as the yield on the secondary bond  and   Treasury Bills market.

 

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