A. MARKET INDEX
All share index = - 0.16%
Capitalization = - 0.16%
Year-to-date = + 2.20%

B. MARKET VOLUME LEADERS
ZENITHBANK= 45.37 m units
GUARANTY = 23.08 m
FIDELITYBK = 20.17 m

C. MARKET VALUE LEADERS
ZENITHBANK = N1.11 bn
GUARANTY = N872.94 m
DANGCEM = N171.28

D. MARKET ACTIVITY
Total volume = 208.60m units
Total value = N2.78 bn
Total deals = 3,246 deals

E. SECTORAL ACTIVITY
Financial Services = 80.00% of total volume traded.
Oil and gas = 7.00% of total volume traded.
Conglomerates = 6.72% of total volume traded.

F. MARKET BREADTH
Gainers = 8 stocks
Decliners = 20 stocks
Breadth = 0.40x (Negative).

G. TOP GAINERS/ DECLINERS
CHIPLC = + 7.69%, closed @ N0.28
JAIZBANK = + 5.00%, closed @ N0.63
ACCESS = + 1.67%, closed @ N6.10

MCNICHOLS = - 10.00%, closed @ N0.54
ETRANZACT = - 9.90%, closed @ N2.64
CCNN = - 5.00%, closed @ N19.00.

H. OUTLOOK FOR THE WEEK
-- More earnings reports expected.
-- 2019 dividend season imminent.
-- State Assembly & Governorship elections of 09March 2019 may have some impact on the market.
-- Possible market rally after the elections, depending on conduct/outcome of the elections and company results/dividends.