Transactions on the Nigerian equity market for today, Monday (04/04/2022) closed negative, extending the negative market sentiments. The NGX-ASI declined by 0.33% to 46,687.85 from 46,842.86, indicating a YTD return of +9.30%. Similarly, the market capitalization also decreased to N25.17 trillion from N25.25trillion. The market turnover dropped to N1.93bn from N2.86 bn. The market breadth closed positive at 1.16x, as 22 stocks advanced against 19 stocks that declined, while 70 stocks remained unchanged. The share prices of REDSTAREXgained 10.00% to top the gainers’ list, while REGALINS declined by -9.68% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: REGALINS(-9.68%), JAPAULGOLD(-8.82%), WAPIC(-6.82%), LINKASSURE(-6.00%), PZ(-9.60%), FCMB(-3.94%), FBNH(-3.28%), ROYALEX(-2.75%), WAPCO(-2.65%), UBA(-2.60%), GUINNESS(-2.04%), ZENITHBANK(-1.79%), STERLINGBANK(-1.32%), LEARNAFRICA(-1.32%), ACCESSCORP(-1.03%), and MTNN(-0.93%)

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MARKET STATISTICS
| CAP | N25,169,897,831,669.87 | One Day (ASI CHG) | -0.33% |
| Index | 46,687.85 | One Week (ASI CHG) | -0.44% |
| Volume | 219,495,846 | One Month (ASI CHG) | -1.23% |
| Value | N1,930,926,442.82 | Six Months (ASI CHG) | +16.01% |
| Deals | 4,186.00 | 52 Weeks (ASI CHG) | +19.97% |
| Gainers | 22 | Losers | 19 |
| Unchanged | 70 | Total | 111 |
| YTD Returns | +9.30% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.33 |
| NGX30 | -0.41 |
| NGXBNK | -0.99 |
| NGXCNSMRGDS | 0.20 |
| NGXINDUSTR | -0.43 |
| NGXINS | -0.32 |
| NGXLOTUSISLM | -0.44 |
| NGXOILGAS | 0.27 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| REDSTAREX | 2.70 | 2.70 | 2.97 | 0.27 | 10.00 |
| NAHCO | 4.29 | 4.71 | 4.71 | 0.42 | 9.79 |
| MEYER | 0.72 | 0.72 | 0.79 | 0.07 | 9.72 |
| VERITASKAP | 0.21 | 0.21 | 0.23 | 0.02 | 9.52 |
| UPDC | 0.76 | 0.76 | 0.83 | 0.07 | 9.21 |
| UNITYBNK | 0.44 | 0.44 | 0.48 | 0.04 | 9.09 |
| INTBREW | 4.55 | 4.55 | 4.90 | 0.35 | 7.69 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| REGALINS | 0.31 | 0.31 | 0.28 | -0.03 | -9.68 |
| JAPAULGOLD | 0.34 | 0.34 | 0.31 | -0.03 | -8.82 |
| WAPIC | 0.44 | 0.44 | 0.41 | -0.03 | -6.82 |
| LINKASSURE | 0.50 | 0.50 | 0.47 | -0.03 | -6.00 |
| JAIZBANK | 0.70 | 0.70 | 0.66 | -0.04 | -5.71 |
| PZ | 10.55 | 10.55 | 10.00 | -0.55 | -5.21 |
| CORNERST | 0.66 | 0.66 | 0.63 | -0.03 | -4.55 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.01 | 176 | 28,942,655 | 28,484,717.12 |
| FIDELITYBK | 3.43 | 266 | 23,530,562 | 79,955,208.77 |
| UBA | 7.50 | 220 | 15,085,937 | 113,721,536.55 |
| ZENITHBANK | 22.00 | 455 | 12,579,608 | 278,404,693.05 |
| ACCESSCORP | 9.60 | 202 | 11,958,200 | 116,201,184.85 |
| NGXGROUP | 24.00 | 64 | 10,452,269 | 250,361,838.50 |
| GTCO | 21.80 | 519 | 9,703,283 | 211,367,262.55 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| ZENITHBANK | 22.00 | 455 | 12,579,608 | 278,404,693.05 |
| MTNN | 212.00 | 281 | 1,240,016 | 264,127,488.70 |
| NGXGROUP | 24.00 | 64 | 10,452,269 | 250,361,838.50 |
| GTCO | 21.80 | 519 | 9,703,283 | 211,367,262.55 |
| ACCESSCORP | 9.60 | 202 | 11,958,200 | 116,201,184.85 |
| UBA | 7.50 | 220 | 15,085,937 | 113,721,536.55 |
| FIDELITYBK | 3.43 | 266 | 23,530,562 | 79,955,208.77 |
OUTLOOK
Bearish sentiment returns to the stock market, as the trading activities on equities, remain dismal. We expect the the week to continue with this trend as investments in other asset classes prevail.

