Trading activities on the equity market for today Monday (09/05/2022) closed positive, as the NGX-ASI increased by 1.90% to 51,902.48 from 50,937.03, indicating a YTD return of +21.50%. Similarly, the market capitalization grew by N521.56 billion to N27.98 trillion from N27.46 trillion. The market turnover rose to N5.55billion from N5.31billion. The market breadth closed positive at 1.71x, as 36 stocks advanced against 21 stocks that declined, while 58 stocks remained unchanged. The share prices of NB gained 10% to top the gainers’ list, while TRANSCORP 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: NB (+10.00%), CADBURY (+9.87%), CHAMPION (+9.81%), INTBREW (+9.63%), MTNN (+9.45%), CONOIL (+9.38%), UACN (+6.56%), ACADEMY (+5.71%), PRESCO (+4.71%), FIDSON (+3.19%), WAPCO (+2.73%), STERLNBANK (+2.58%), CAP (+2.28%), HONYFLOUR (+1.94%), GLAXOSMITH (+1.60%), IKEJAHOTEL (+1.56%), GTCO (+1.50%), VITAFOAM, (+1.46%), UPDCREIT (+1.35%), FBNH (+1.26%), JAIZBANK (+1.19%), AFRIPRUD (+0.83%), ETI (+0.78%), OANDO (+0.72%), and DANGSUGAR (+0.31%).
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MARKET STATISTICS
| CAP | N27,981,159,235,265.51 | One Day (ASI CHG) | +1.90% |
| Index | 51,902.48 | One Week (ASI CHG) | +4.56% |
| Volume | 337,564,205 | One Month (ASI CHG) | +11.30% |
| Value | N5,554,724,629.61 | Six Months (ASI CHG) | +18.69% |
| Deals | 7,684 | 52 Weeks (ASI CHG) | +32.41% |
| Gainers | 36 | Losers | 21 |
| Unchanged | 58 | Total | 115 |
| YTD Returns | +21.50% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.90 |
| NGX30 | 2.32 |
| NGXBNK | -0.28 |
| NGXCNSMRGDS | 2.15 |
| NGXINDUSTR | 0.21 |
| NGXINS | -1.27 |
| NGXLOTUSISLM | 3.12 |
| NGXOILGAS | 0.47 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| NB | 70.00 | 77.00 | 7.00 | 10.00 |
| CADBURY | 13.55 | 14.90 | 1.35 | 9.96 |
| ROYALEX | 1.01 | 1.11 | 0.10 | 9.90 |
| CHAMPION | 3.34 | 3.67 | 0.33 | 9.88 |
| INTBREW | 6.75 | 7.40 | 0.65 | 9.63 |
| CUTIX | 2.50 | 2.74 | 0.24 | 9.60 |
| MTNN | 227.50 | 249.00 | 21.50 | 9.45 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| TRANSCOHOT | 4.50 | 4.05 | -0.45 | -10.00 |
| GUINNESS | 110.00 | 99.45 | -10.55 | -9.59 |
| MULTIVERSE | 0.22 | 0.20 | -0.02 | -9.09 |
| WAPIC | 0.45 | 0.42 | -0.03 | -6.67 |
| SUNUASSUR | 0.33 | 0.31 | -0.02 | -6.06 |
| LIVESTOCK | 1.69 | 1.60 | -0.09 | -5.33 |
| AIICO | 0.80 | 0.76 | -0.04 | -5.00 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.16 | 292 | 37,756,876 | 45,004,809.10 |
| GTCO | 23.75 | 521 | 24,757,335 | 580,629,679.05 |
| ZENITHBANK | 24.3 | 396 | 21,199,621 | 521,668,661.90 |
| ACCESSCORP | 9.55 | 271 | 19,347,531 | 185,445,343.55 |
| FBNH | 12.1 | 228 | 15,849,807 | 190,263,742.25 |
| COURTVILLE | 0.55 | 33 | 15,210,721 | 8,364,871.51 |
| INTBREW | 7.4 | 153 | 10,269,406 | 73,814,415.55 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| SEPLAT | 1200 | 65 | 701,115 | 842,516,454.00 |
| NB | 77 | 228 | 9,638,455 | 737,685,440.25 |
| MTNN | 249 | 551 | 2,675,838 | 668,146,955.50 |
| GTCO | 23.75 | 521 | 24,757,335 | 580,629,679.05 |
| ZENITHBANK | 24.3 | 396 | 21,199,621 | 521,668,661.90 |
| PRESCO | 178 | 161 | 1,643,382 | 285,644,547.35 |
| FBNH | 12.1 | 228 | 15,849,807 | 190,263,742.25 |
OUTLOOK
Equity market resume positive, extending the bullish run to twelve consecutive trading days, as investors continued to take position in both the large and medium stocks across some major market sectors. We expect this trend to continue, as investors search for stocks with good fundamentals and positive returns.
