Trading activities on the Nigerian equity market for today Wednesday (06/04/2022), closed negative to reverse yesterday’s positive sentiment. The NGX-ASI fell by 0.02% to 46,766.16 from 46,777.37, indicating a YTD return of +9.48%. Similarly, the market capitalization also fell to N25.212 trillion from N25.218 trillion. The market turnover increased to N2.43 from N2.34bn. The market breadth closed negative at 0.89x, as 16 stocks advanced against 18 stocks that declined, while 72 stocks remained unchanged. The share prices of REGALINS gained 10.00% to top the gainers’ list, while NPFMCRFBK declined by -9.78% to lead the losers’ chart. Also, FIDELITYBK recorded the highest volume of trades for the day.
Stocks whose share prices declined during intra-day trading include: NPFMCRFB (-9.78%), RTBRISCOE (-8.93%), PRESTIGE (-8.16%), NIGERINS (-4.76%), CHAMS (-4.76%), JAIZBANK (-4.48%), UNITYBNK (-4.26%), FTNCOCOA (-3.03%), OANDO (-2.89%), NASCON (-2.46%), NGXGROUP (-2.30%), TRANSCORP (-2.00%), UPCREDIT(-1.45%), GTCO (-1.12%), and ZENITHBANK (-0.44%)
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MARKET STATISTICS
| CAP | N25,212,117,414,779.08 | One Day (ASI CHG) | -0.02% |
| Index | 46,766.16 | One Week (ASI CHG) | -0.29% |
| Volume | 261592386 | One Month (ASI CHG) | -1.06% |
| Value | N2,434,235,953.18 | Six Months (ASI CHG) | +14.72% |
| Deals | 4,668 | 52 Weeks (ASI CHG) | +20.64% |
| Gainers | 16 | Losers | 18 |
| Unchanged | 72 | Total | 106 |
| YTD Returns | +9.48% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.02 |
| NGX30 | -0.07 |
| NGXBNK | 0.15 |
| NGXCNSMRGDS | -0.22 |
| NGXINDUSTR | 0 |
| NGXINS | 0.48 |
| NGXLOTUSISLM | -0.04 |
| NGXOILGAS | 0.2 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| REGALINS | 0.30 | 0.33 | 0.03 | 10.00 |
| LIVESTOCK | 1.46 | 1.60 | 0.14 | 9.59 |
| MULTIVERSE | 0.21 | 0.23 | 0.02 | 9.52 |
| MEYER | 0.86 | 0.94 | 0.08 | 9.30 |
| LINKASSURE | 0.47 | 0.51 | 0.04 | 8.51 |
| MBENEFIT | 0.24 | 0.26 | 0.02 | 8.33 |
| WEMABANK | 2.90 | 3.00 | 0.10 | 3.45 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| NPFMCRFBK | 2.25 | 2.03 | -0.22 | -9.78 |
| RTBRISCOE | 0.56 | 0.51 | -0.05 | -8.93 |
| PRESTIGE | 0.49 | 0.45 | -0.04 | -8.16 |
| CHAMS | 0.21 | 0.20 | -0.01 | -4.76 |
| NIGERINS | 0.21 | 0.20 | -0.01 | -4.76 |
| JAIZBANK | 0.67 | 0.64 | -0.03 | -4.48 |
| UNITYBNK | 0.47 | 0.45 | -0.02 | -4.26 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FIDELITYBK | 3.46 | 366 | 81749215 | 2.81E+08 |
| TRANSCORP | 0.98 | 117 | 30722286 | 30106748 |
| GTCO | 22.1 | 460 | 15490437 | 3.46E+08 |
| ACCESSCORP | 9.75 | 196 | 15258468 | 1.49E+08 |
| ZENITHBANK | 22.65 | 397 | 10002323 | 2.27E+08 |
| FCMB | 3.23 | 83 | 8633439 | 28692725 |
| UBA | 7.75 | 147 | 7935110 | 61029926 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 212 | 312 | 1792710 | 3.8E+08 |
| GTCO | 22.1 | 460 | 15490437 | 3.46E+08 |
| FIDELITYBK | 3.46 | 366 | 81749215 | 2.81E+08 |
| ZENITHBANK | 22.65 | 397 | 10002323 | 2.27E+08 |
| SEPLAT | 960 | 16 | 191451 | 1.84E+08 |
| NGXGROUP | 23.4 | 87 | 7903181 | 1.82E+08 |
| ACCESSCORP | 9.75 | 196 | 15258468 | 1.49E+08 |
OUTLOOK
Bearish sentiment crawled back as the equity market closed negative. We expect bearish sentiments to persist all through the week as investors continue to watch developments in the economy.
