OANDO, ZENITH, GUINNESS and Others Extend Bearish Trend,as MPC Maintains all Parameters

Trading activities on the Nigerian equity market for today, Tuesday (22/03/2022) closed in the red extending the previous day’s bearish trend.The NGX-ASI declined by 0.20% to 47,156.56 from 47,251.93, indicating a YTD return of +10.39%. Similarly, the market capitalization also dipped to N25.41trillion from  N25.47trillion. The market turnover rose to N3.90bn from N2.68bn and the market breadth was negative at 0.55X as 16 stocks advanced against 29 stocks that declined, while 60 stocks remained unchanged. The share prices of NPFMCRFBK gained 9.52% to top the gainers’ list, while JAPAULGOLD declined by -8.82% to lead the losers’ chart.

Stocks whose share prices gained during intra-day trading include: JAPAULGOLD(-8.82%), CHAMPION(-8.78%), OANDO(-6.75%), MANSARD(-6.52%), REGALINS(-5.26%), JAIZBANK(-4.23%), ETI(-3.36%),  CAVERTON(-3.08%), AIICO(-2.94%), NESTLE(-2.79%), GUINNESS(-2.10%), ETERNA(-1.96%), UBA(-1.94%), COURTVILLE (-1.79%), HONYFLOUR(-1.64%), UNILEVER(-1.48%) , WAPCO(-1.25%), NAHCO(-1.25%), UCAP(-1.21%),  LIVESTOCK(-1.18%),  UPDC(-1.09%), LASACO(-0.94%), GLAXOSMITH(-0.87%), AFRIPRUD(-0.85%), NGXGRP(-0.64%), FIDSON(-0.63%), GTCO(-0.57%), ETRANZACT(-0.38%) and ZENITH BANK(-0.19%).

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MARKET STATISTICS

CAP N25,414,818,152,474.43 One Day (ASI CHG) -0.20%
Index 47,156.56 One Week (ASI CHG) -0.39%
Volume 303,480,647.00 One Month (ASI CHG) -0.19%
Value N3,902,971,841.02 Six Months (ASI CHG) +21.37%
Deals 4,616.00 52 Weeks (ASI CHG) +23.78%
Gainers 16 Losers 29
Unchanged 60 Total 105
  YTD Returns +10.39%  

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI -0.20
NGX30 -0.28
NGXBNK -0.38
NGXCNSMRGDS -1.55
NGXINDUSTR -0.08
NGXINS -1.38
NGXLOTUSISLM -0.66
NGXOILGAS -1.01

Top 7 Gainers

Security Previous Close Close Price Change Price % change
NPFMCRFBK 2.31 2.53 0.22 9.52
FCMB 3.40 3.67 0.27 7.94
PRESTIGE 0.46 0.49 0.03 6.52
CHAMS 0.21 0.22 0.01 4.76
UACN 11.60 12.15 0.55 4.74
FIDELITYBK 3.07 3.18 0.11 3.58
FTNCOCOA 0.33 0.34 0.01 3.03

Top 7 Losers

Security Previous Close Close Price Change Price % change
JAPAULGOLD 0.34 0.31 -0.03 -8.82
CHAMPION 2.05 1.87 -0.18 -8.78
OANDO 5.04 4.70 -0.34 -6.75
MANSARD 2.30 2.15 -0.15 -6.52
REGALINS 0.38 0.36 -0.02 -5.26
JAIZBANK 0.71 0.68 -0.03 -4.23
ETI 11.90 11.50 -0.40 -3.36

Top 7 Traders By Volume

Security Close Price  Trades Daily Volume Daily Value
ACCESS 9.85 319    44,151,266.00    433,299,290.95
UBA 7.60 318    39,543,235.00    304,855,376.00
FIDELITYBK 3.18 210    33,352,263.00    103,870,693.94
GTCO 26.00 540    28,335,325.00    737,469,776.20
ZENITHBANK 26.95 443    28,215,996.00    758,009,979.60
OANDO 4.70 100    12,304,502.00      59,240,897.45
AIICO 0.66 98    11,463,000.00         7,623,111.74

Top 7 Traders By Value

Security Close Price  Trades Daily Volume Daily Value
ZENITHBANK 26.95 443    28,215,996.00    758,009,979.60
GTCO 26.00 540    28,335,325.00    737,469,776.20
NESTLE 1395.00 33          331,701.00    462,580,024.00
ACCESS 9.85 319    44,151,266.00    433,299,290.95
UBA 7.60 318    39,543,235.00    304,855,376.00
NGXGROUP 23.45 59      8,402,680.00    195,343,279.50
MTNN 205.50 164          836,536.00    172,169,239.60

 

OUTLOOK

The stock market continues its losing streak extending the negative trend to four consecutive days,as MPC  maintains all parameters.The negative trend is likely to continue, pending significant changes in the economic conditions.

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