Trading activities on the equity market for today Friday (06/05/2022) closed positive, as the NGX-ASI increased by 0.20% to 50,937.01 from 50,835.95, indicating a YTD return of +19.24%. Similarly, the market capitalization grew by N53.42 billion to N27.46 trillion from N27.41 trillion. The market turnover rose to N5.31billion from N8.31billion. The market breadth closed positive at 3.31x, as 43 stocks advanced against 13 stocks that declined, while 59 stocks remained unchanged. The share prices of CAVERTON gained 10% to top the gainers’ list, while CWG declined by -6.25% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: CAVERON (+10.00%), CHAMPION(+9.87%) INTBREW(+9.81%), CADBURY(+9.72%), PZ(+9.62%), ACADEMY(+9.38%), JAIZBANK(+9.09%), OANDO(+5.90%), FLOURMILLS(4.23%), GLAXOSMITH(+4.17%), NEIMETH(+3.80%), NNFM(+3.63%), FIDELITYBANK(+3.06%), TRANSCORP(+2.59%), ETI(+2.40%), FCMB(+1.98%), UCAP(+1.89%), ZENITHBANK(+1.88%), WAPCO(+1.85%), FIDSON(+1.83%), UACN(+1.67%), UBN(+1.61%), NB(+1.31%), SEPLAT(+0.87%), ARDOVA(+0.73%), FBNH(+0.42%), UNILEVER(+0.36%), ETERNA(+0.28%), NGXGROUP(+0.21%), and HONYFLOUR(+0.27%).
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MARKET STATISTICS
| CAP | N 27,460,660,436,878.18 | One Day (ASI CHG) | +0.19% |
| Index | 50,937.01 | One Week (ASI CHG) | +2.61% |
| Volume | 466,280,200 | One Month (ASI CHG) | +8.91% |
| Value | N 5,308,884,130.43 | Six Months (ASI CHG) | +21.23% |
| Deals | 7,442 | 52 Weeks (ASI CHG) | +30.22% |
| Gainers | 43 | Losers | 13 |
| Unchanged | 59 | Total | 116 |
| YTD Returns | +19.24% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.20 |
| NGX30 | 0.26 |
| NGXBNK | 1.34 |
| NGXCNSMRGDS | 1.43 |
| NGXINDUSTR | 0.13 |
| NGXINS | 0.98 |
| NGXLOTUSISLM | 0.10 |
| NGXOILGAS | 0.79 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| CAVERTON | 1.20 | 1.20 | 1.32 | 0.12 | 10.00 |
| CHAMPION | 3.04 | 3.04 | 3.34 | 0.30 | 9.87 |
| LEARNAFRCA | 2.14 | 2.14 | 2.35 | 0.21 | 9.81 |
| INTBREW | 6.15 | 6.15 | 6.75 | 0.60 | 9.76 |
| CADBURY | 12.35 | 12.35 | 13.55 | 1.20 | 9.72 |
| UPL | 2.68 | 2.68 | 2.94 | 0.26 | 9.70 |
| PZ | 10.40 | 10.40 | 11.40 | 1.00 | 9.62 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| CWG | 0.96 | 0.96 | 0.90 | -0.06 | -6.25 |
| STANBIC | 36.45 | 36.45 | 34.20 | -2.25 | -6.17 |
| IKEJAHOTEL | 1.35 | 1.35 | 1.28 | -0.07 | -5.19 |
| VERITASKAP | 0.22 | 0.22 | 0.21 | -0.01 | -4.55 |
| UNITYBNK | 0.50 | 0.50 | 0.48 | -0.02 | -4.00 |
| MANSARD | 2.25 | 2.25 | 2.20 | -0.05 | -2.22 |
| HONYFLOUR | 3.69 | 3.69 | 3.61 | -0.08 | -2.17 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.19 | 203 | 40,513,391 | 48,308,871.58 |
| FIDELITYBK | 3.71 | 286 | 30,397,857 | 111,974,596.59 |
| COURTVILLE | 0.54 | 38 | 29,617,865 | 14,822,736.02 |
| ZENITHBANK | 24.45 | 456 | 24,048,332 | 588,657,419.70 |
| INTBREW | 6.75 | 218 | 23,549,896 | 158,803,728.55 |
| UBA | 8.05 | 245 | 16,241,388 | 131,001,157.10 |
| ETI | 12.80 | 107 | 15,317,915 | 197,082,835.90 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| SEPLAT | 1,200.00 | 51 | 709,873 | 851,771,990.60 |
| ZENITHBANK | 24.45 | 456 | 24,048,332 | 588,657,419.70 |
| MTNN | 227.50 | 572 | 1,668,114 | 409,568,889.70 |
| NB | 70.00 | 449 | 5,563,804 | 403,162,148.15 |
| GTCO | 23.40 | 460 | 13,998,138 | 328,026,326.90 |
| GUINNESS | 110.00 | 215 | 2,144,969 | 233,611,140.90 |
| NESTLE | 1,400.00 | 33 | 163,561 | 229,017,475.80 |
OUTLOOK
The stock market ended the week positively, maintaining a bullish trend despite the US Federal Reserve rate hike. Investors continued to take position in both large and medium stocks across all sectors of the market. We expect this trend to continue, as investors search for stocks with good fundamentals and positive returns.
