Trading activities on the equity market for today Thursday (05/05/2022) closed positive, as the NGX-ASI increased by 1.42% to 50,835.95 from 50,126.41, indicating a YTD return of +19.01%. Similarly, the market capitalization grew by N382.52 billion to N27.41 trillion from N27.02 trillion. The market turnover rose to N8.31bn from N5.98bn . The market breadth closed positive at 1.41x, as 31 stocks advanced against 22 stocks that declined, while 57 stocks remained unchanged. The share prices of GUINNESS gained 10% to top the gainers’ list, while TRANSCOHOT declined by -9.09% to lead the losers’ chart. Also, FCMB recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: GUINNESS (+10.00%), NB(+9.95%) FIDSON(+9.93%), CONOIL(+9.92%), INTBREW+9.82%), CADBURY(+9.78%), CHAMPION(+9.75%), ETERNA(+9.37%), AIICO(+6.67%), MTNN(+6.06%), OKUMUOIL(+5.13%), ETI(+4.17%), ROYALEX(+4.12%), JAPAULGOLD(+3.33%), PZ(+1.96%), CORNERSTONE(+1.79%), WAPCO(+1.69%), GLAXOSMITH(+1.69%), STERLNBANK(+1.29%), AIRTELAFRCA(+1.01%), AFRIPRUD(+0.83%), NGXGRP(+0.63%), ACCESSCORP(+0.52%), and HONYFLOUR(+0.27%).
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MARKET STATISTICS
| CAP | N 27,406,181,290,640.37 | One Day (ASI CHG) | +1.42% |
| Index | 50,835.95 | One Week (ASI CHG) | +4.09% |
| Volume | 462,595,244.00 | One Month (ASI CHG) | +8.68% |
| Value | N 8,305,394,458.37 | Six Months (ASI CHG) | +21.00% |
| Deals | 6,801.00 | 52 Weeks (ASI CHG) | +28.91% |
| Gainers | 31 | Losers | 22 |
| Unchanged | 57 | Total | 110 |
| YTD Returns | +19.01% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.42 |
| NGX30 | 1.58 |
| NGXBNK | -0.08 |
| NGXCNSMRGDS | 2.36 |
| NGXINDUSTR | 0.12 |
| NGXINS | 0.87 |
| NGXLOTUSISLM | 1.61 |
| NGXOILGAS | -0.51 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| GUINNESS | 100.00 | 110.00 | 10.00 | 10.00 |
| NB | 62.80 | 69.05 | 6.25 | 9.95 |
| FIDSON | 8.96 | 9.85 | 0.89 | 9.93 |
| CONOIL | 26.20 | 28.80 | 2.60 | 9.92 |
| INTBREW | 5.60 | 6.15 | 0.55 | 9.82 |
| CADBURY | 11.25 | 12.35 | 1.10 | 9.78 |
| CHAMPION | 2.77 | 3.04 | 0.27 | 9.75 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| TRANSCOHOT | 4.95 | 4.50 | -0.45 | -9.09 |
| MULTIVERSE | 0.23 | 0.21 | -0.02 | -8.70 |
| MBENEFIT | 0.26 | 0.24 | -0.02 | -7.69 |
| FTNCOCOA | 0.39 | 0.36 | -0.03 | -7.69 |
| OANDO | 5.67 | 5.25 | -0.42 | -7.41 |
| REGALINS | 0.31 | 0.29 | -0.02 | -6.45 |
| WEMABANK | 3.85 | 3.64 | -0.21 | -5.45 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FCMB | 3.53 | 78 | 138519204 | 485226438.3 |
| ZENITHBANK | 24.00 | 574 | 29352526 | 705039867.7 |
| TRANSCORP | 1.16 | 161 | 26386752 | 30637157.66 |
| UBA | 8.05 | 273 | 20681876 | 166379440.1 |
| GTCO | 23.50 | 493 | 20306703 | 478768230.9 |
| OANDO | 5.25 | 288 | 19064287 | 98665077.27 |
| ACCESSCORP | 9.65 | 279 | 17181662 | 166132299.2 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| NESTLE | 1400.00 | 56 | 1310936 | 1835238872 |
| MTNN | 227.50 | 377 | 5848734 | 1324655173 |
| ZENITHBANK | 24.00 | 574 | 29352526 | 705039867.7 |
| GUINNESS | 110.00 | 252 | 5895369 | 618746740 |
| FCMB | 3.53 | 78 | 138519204 | 485226438.3 |
| GTCO | 23.50 | 493 | 20306703 | 478768230.9 |
| AIRTELAFRI | 1400.00 | 52 | 319161 | 445408000.1 |
OUTLOOK
The stock market ended transactions positively as it sustains the bullish trend. Investors buying interest in both large and medium stocks especially in the consumer goods sector continues to drive the market. We expect a continuity of this trend, as investors search for stocks with good fundamentals and positive returns.
