Trading activities on the Nigerian equity market for today Thursday (07/04/2022), closed negative extending the previous day’s losses. The NGX-ASI dropped by 0.48% to 46,543.51 from 46,766.16, indicating a YTD return of +8.96%. Similarly, the market capitalization also declined to N25.09 trillion from N25.21 trillion. The market turnover dropped to N2.35bn from N2.43bn. The market breadth closed positive at 4.0x, as 20 stocks advanced against 15 stocks that declined, while 73 stocks remained unchanged. The share prices of CONOIL gained 9.89% to top the gainers’ list, while VERITASKAP declined by -8.70% 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: VERITASKAP (-8.70%), UACN(-7.49%), TRANSCOHOT(-6.78%), UPDCREIT(-2.94%), ETI(-2.92%), GLAXOSMITH(-2.56%), DANGSUGAR(-1.90%), WEMABANK(-1.67%), MANSARD(-1.63%), CHAMPION(-1.40%), NASCON (-1.26%), ROYALEX(-0.94%), STERLNBANK(-0.67%), FCMB(-0.62%) and ACCESSCORP(-0.51%)
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MARKET STATISTICS
| CAP | N25,092,081,820,924.88 | One Day (ASI CHG) | -0.48% |
| Index | 46,543.51 | One Week (ASI CHG) | -0.90% |
| Volume | 244,042,028.00 | One Month (ASI CHG) | -1.52% |
| Value | N2,350,011,410.51 | Six Months (ASI CHG) | +14.00% |
| Deals | 4,710.00 | 52 Weeks (ASI CHG) | +20.04% |
| Gainers | 20 | Losers | 15 |
| Unchanged | 73 | Total | 108 |
| YTD Returns | +8.96% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.48 |
| NGX30 | -0.55 |
| NGXBNK | -0.12 |
| NGXCNSMRGDS | -0.19 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.08 |
| NGXLOTUSISLM | -0.94 |
| NGXOILGAS | 0.39 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| CONOIL | 22.25 | 24.45 | 2.20 | 9.89 |
| RTBRISCOE | 0.51 | 0.56 | 0.05 | 9.80 |
| JAPAULGOLD | 0.31 | 0.34 | 0.03 | 9.68 |
| MEYER | 0.94 | 1.03 | 0.09 | 9.57 |
| REGALINS | 0.33 | 0.36 | 0.03 | 9.09 |
| CHAMS | 0.20 | 0.21 | 0.01 | 5.00 |
| LINKASSURE | 0.51 | 0.53 | 0.02 | 3.92 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| VERITASKAP | 0.23 | 0.21 | -0.02 | -8.70 |
| UACN | 11.35 | 10.50 | -0.85 | -7.49 |
| TRANSCOHOT | 5.31 | 4.95 | -0.36 | -6.78 |
| UPDCREIT | 3.40 | 3.30 | -0.10 | -2.94 |
| ETI | 12.00 | 11.65 | -0.35 | -2.92 |
| GLAXOSMITH | 5.85 | 5.70 | -0.15 | -2.56 |
| DANGSUGAR | 15.80 | 15.50 | -0.30 | -1.90 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FIDELITYBK | 3.53 | 316 | 44,426,183.00 | 155,626,392.63 |
| TRANSCORP | 0.98 | 132 | 35,756,607.00 | 34,848,783.88 |
| ZENITHBANK | 22.80 | 697 | 23,296,015.00 | 531,586,974.10 |
| UBA | 7.75 | 175 | 15,634,981.00 | 121,329,866.65 |
| ACCESSCORP | 9.70 | 198 | 12,912,880.00 | 125,938,120.40 |
| NGXGROUP | 23.95 | 77 | 9,283,253.00 | 222,053,492.20 |
| GTCO | 22.45 | 382 | 8,983,138.00 | 201,605,370.30 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| ZENITHBANK | 22.80 | 697 | 23,296,015.00 | 531,586,974.10 |
| NGXGROUP | 23.95 | 77 | 9,283,253.00 | 222,053,492.20 |
| GTCO | 22.45 | 382 | 8,983,138.00 | 201,605,370.30 |
| NB | 40.00 | 86 | 4,903,173.00 | 195,823,669.80 |
| MTNN | 206.00 | 213 | 863,326.00 | 178,640,804.60 |
| FIDELITYBK | 3.53 | 316 | 44,426,183.00 | 155,626,392.63 |
| ACCESSCORP | 9.70 | 198 | 12,912,880.00 | 125,938,120.40 |
OUTLOOK
Bearish sentiment persists as equity market closed negative. We expect negative sentiments to persist for the rest of the week, pending any significant economic developments.
