Transaction on the Nigerian equity market for today Monday (11/04/2022), closed positive, maintaining Friday’s bullish trend. The NGX-ASI gained 0.51% to close at 46,867.95 from 46,631.46, indicating a YTD return of +9.72%. Similarly, the market capitalization also increased to N25.14 trillion from N25.27 trillion. The market turnover rose to N3.82bn from N1.75bn. The market breadth closed positive at 2.46x, as 32 stocks advanced against 13 stocks that declined, while 64 stocks remained unchanged. The share prices of NAHCO gained 10% to top the gainers’ list, while ACADEMY declined by -9.60% to lead the losers’ chart. Also, GTCO recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: UACN (+9.90%), MEYER (+9.90%), ROYALEX (+9.47%), CUTIX (+8.11%), NNFM (+7.22%), FIDELITYBK (+5.34%), UCAP (+4.96%), ZENITHBANK (+4.35%), LIVESTOCK (+3.77%), WAPCO (+3.41%), WEMABANK (+3.23%), TRANSCORP (+3.06%), ACCESSCORP (+1.59%), STERLNBANK (+1.36%), UBA (+1.27%), MTNN (+1.21%), UPDC (+1.19%), INTBREW (+1.03%) and NPFMCRFBK (+0.48%)
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MARKET STATISTICS
| CAP | N25,266,989,510,271.10 | One Day (ASI CHG) | +0.51% |
| Index | 46,86\7.95 | One Week (ASI CHG) | +0.39% |
| Volume | 224,643,990 | One Month (ASI CHG) | -1.20% |
| Value | N3,823,187,066.08 | Six Months (ASI CHG) | +15.12% |
| Deals | 5,946 | 52 Weeks (ASI CHG) | +20.59% |
| Gainers | 32 | Losers | 13 |
| Unchanged | 64 | Total | 109 |
| YTD Returns | +9.72% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.51 |
| NGX30 | 0.67 |
| NGXBNK | 2.83 |
| NGXCNSMRGDS | 0.03 |
| NGXINDUSTR | 0.22 |
| NGXINS | 1.38 |
| NGXLOTUSISLM | 0.44 |
| NGXOILGAS | -0.14 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| NAHCO | 5.00 | 5.50 | 0.50 | 10.00 |
| UACN | 10.10 | 11.10 | 1.00 | 9.90 |
| MEYER | 1.13 | 1.24 | 0.11 | 9.73 |
| ROYALEX | 0.95 | 1.04 | 0.09 | 9.47 |
| LEARNAFRCA | 1.73 | 1.89 | 0.16 | 9.25 |
| CUTIX | 2.22 | 2.40 | 0.18 | 8.11 |
| WAPIC | 0.40 | 0.43 | 0.03 | 7.50 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| ACADEMY | 1.77 | 1.60 | -0.17 | -9.60 |
| MBENEFIT | 0.26 | 0.24 | -0.02 | -7.69 |
| JAPAULGOLD | 0.34 | 0.32 | -0.02 | -5.88 |
| MULTIVERSE | 0.22 | 0.21 | -0.01 | -4.55 |
| PRESTIGE | 0.45 | 0.43 | -0.02 | -4.44 |
| FTNCOCOA | 0.32 | 0.31 | -0.01 | -3.13 |
| UNITYBNK | 0.47 | 0.46 | -0.01 | -2.13 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| GTCO | 22.95 | 853 | 43,245,649 | 994,249,260.85 |
| ZENITHBANK | 24.00 | 610 | 31,124,905 | 740,244,870.50 |
| STERLNBANK | 1.49 | 310 | 23,423,651 | 35,117,697.58 |
| FIDELITYBK | 3.75 | 199 | 13,835,066 | 51,184,867.43 |
| ACCESSCORP | 10.00 | 215 | 12,379,176 | 124,736,040.45 |
| NAHCO | 5.50 | 178 | 7,863,515 | 42,575,542.96 |
| AIICO | 0.69 | 92 | 6,924,367 | 4,677,382.87 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 208.50 | 333 | 4,999,451 | 1,034,850,068.90 |
| GTCO | 22.95 | 853 | 43,245,649 | 994,249,260.85 |
| ZENITHBANK | 24.00 | 610 | 31,124,905 | 740,244,870.50 |
| AIRTELAFRI | 1260.40 | 20 | 103,688 | 134,645,221.80 |
| ACCESSCORP | 10.00 | 215 | 12,379,176 | 124,736,040.45 |
| DANGCEM | 273.50 | 77 | 335,691 | 92,245,234.10 |
| UCAP | 13.75 | 176 | 5,155,612 | 69,134,251.95 |
OUTLOOK
Stock market activities began the week bullish, as bargain hunting in large and medium capitalized stocks prevailed. However, we expect to witness mixed sentiment in the coming days as investor continue to monitor economic trends.
