The equity market closed transaction for today (Tuesday 15/03/2022) in the red, thus continuing the bearish sentiment of the previous day. The NGX- ASI dropped to 47,340.86 from 47,428.67, indicating a YTD return of +10.83%. The market capitalization was also down to close at N25.51trn from N25.56trn. More so, the market turnover decreased to N2,47b from N7.92bn. The market breadth was negative at 0.68x, as 15 stocks advanced against 22 stocks that declined, while 73 stocks remained unchanged. The share prices of VERITASKAP gained 4.76% to top the gainers’ list, while CORNERST declined by -8.82% to lead the losers’ chart.
Stocks whose share prices lost during intra-day trading include: CORNERST (-8.82%),MULTIVERSE (-8.33%), SCOA (-7.69%), PRESTIGE (-6.12%), JAPAULGOLD (-5.71%), FTNCOCOA (-5.71%), AIICO (-4.41%), NIGERINS (-4.37%), FCMB (-4.17%), UNITYBNK (-4.00%),SEPLAT (-3.03%), FIDSON (-3.00%), JAIZBANK (-2.78%), UCAP (-2.32%), UBA (-1.11%), NB (-2.30%) LINKASSURE (-1.92%) GTCO (-1.87%), HONYFLOUR (-1.58%) ZENITHBANK (-0.74%) NGXGROUP(-0.44%), MTNN (-0.24% ) and NB (-0.22%)
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MARKET STATISTICS
| CAP | N25,514,143,118,703.14 | One Day (ASI CHG) | -0.19% |
| Index | 47,340.86 | One Week (ASI CHG) | +0.40% |
| Volume | 183,255,994 | One Month (ASI CHG) | +0.59% |
| Value | N2,475,182,940.21 | Six Months (ASI CHG) | +21.49% |
| Deals | 3,779 | 52 Weeks (ASI CHG) | +22.72% |
| Gainers | 15 | Losers | 22 |
| Unchanged | 73 | Total | 110 |
| YTD Returns | +10.83% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.19 |
| NGX30 | -0.24 |
| NGXBNK | -0.09 |
| NGXCNSMRGDS | 0.17 |
| NGXINDUSTR | 0.01 |
| NGXINS | -1.87 |
| NGXLOTUSISLM | -0.08 |
| NGXOILGAS | -1.59 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| VERITASKAP | 0.21 | 0.22 | 0.01 | 4.76 |
| CHAMS | 0.22 | 0.23 | 0.01 | 4.55 |
| ETERNA | 5.04 | 5.25 | 0.21 | 4.17 |
| UNILEVER | 13.00 | 13.50 | 0.50 | 3.85 |
| ROYALEX | 1.09 | 1.13 | 0.04 | 3.67 |
| NEIMETH | 1.70 | 1.75 | 0.05 | 2.94 |
| LASACO | 1.05 | 1.08 | 0.03 | 2.86 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| CORNERST | 0.68 | 0.62 | -0.06 | -8.82 |
| MULTIVERSE | 0.24 | 0.22 | -0.02 | -8.33 |
| SCOA | 2.60 | 2.40 | -0.20 | -7.69 |
| PRESTIGE | 0.49 | 0.46 | -0.03 | -6.12 |
| FTNCOCOA | 0.35 | 0.33 | -0.02 | -5.71 |
| JAPAULGOLD | 0.35 | 0.33 | -0.02 | -5.71 |
| AIICO | 0.68 | 0.65 | -0.03 | -4.41 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UBA | 8.5 | 279 | 23412240 | 200202900.6 |
| ACCESS | 10.5 | 158 | 10434434 | 108914157.9 |
| FBNH | 11.6 | 145 | 10167463 | 117630760.2 |
| UACN | 10.65 | 61 | 9688876 | 104443070.3 |
| ZENITHBANK | 26.8 | 304 | 9641078 | 259636200.6 |
| SOVRENINS | 0.24 | 10 | 8612100 | 2066805 |
| CORNERST | 0.62 | 20 | 8580496 | 5442635.1 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| SEPLAT | 960 | 51 | 552626 | 531289256.3 |
| ZENITHBANK | 26.8 | 304 | 9641078 | 259636200.6 |
| NB | 45.4 | 63 | 4919147 | 223533772.8 |
| GTCO | 26.2 | 320 | 8293391 | 220675019.4 |
| UBA | 8.5 | 279 | 23412240 | 200202900.6 |
| FBNH | 11.6 | 145 | 10167463 | 117630760.2 |
| ACCESS | 10.5 | 158 | 10434434 | 108914157.9 |
OUTLOOK
Bearish sentiment continues for the second day of the week, while global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believed could withstand the fallout from the Russia-Ukraine conflict. We expect the equity market to trade cautiously this week as investors digest present economic realities.
