Trading activities on the equity market for today Thursday (12/05/2022) closed positive, as the NGX-ASI increased by 0.15% to 52,917.76 from 52,838.45, indicating a YTD return of +23.88%. Similarly, the market capitalization grew by N42.72billion to N28.53 trillion from N28.49 trillion. The market turnover declined to N5.70billion from N7.33billion. The market breadth closed positive at 1.35x, as 31 stocks advanced against 23 stocks that declined, while 69 stocks remained unchanged. The share prices of FIDSON gained 9.95% to top the gainers’ list, while ACADEMY declined by -3.00% 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: FIDSON(+9.95%), ETERNA(+9.94%), GLAXOSMITH(+9.87%), WAPCO(+9.86%), INTBREW(+9.55%), CHAMPION(+9.48%), ARDOVA(+8.96%), PRESCO(+8.11%), PZ(+6.79%), TRANSCORP(+6.61%), HONYFLOUR(+5.28%), FLOURMILLS(+4.83%), OKOMUOIL(+4.52%), UACN(+2.84%), DANGSUGAR(+0.59%), ACCESSCORP(+0.52%), NGXGROUP(+0.21%), and VITAFOAM, (+0..20%).
Click here for more on the price list
MARKET STATISTICS
| CAP | N28,528,480,211,253.44 | One Day (ASI CHG) | +0.15% |
| Index | 52,917.76 | One Week (ASI CHG) | +4.10% |
| Volume | 426,018,444 | One Month (ASI CHG) | +12.10% |
| Value | N5,697,479,122.43 | Six Months (ASI CHG) | +22.34% |
| Deals | 7,639 | 52 Weeks (ASI CHG) | +34.37% |
| Gainers | 31 | Losers | 23 |
| Unchanged | 64 | Total | 118 |
| YTD Returns | +23.88% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.15 |
| NGX30 | 0.51 |
| NGXBNK | -0.86 |
| NGXCNSMRGDS | 1.37 |
| NGXINDUSTR | 0.71 |
| NGXINS | -2.36 |
| NGXLOTUSISLM | 0.60 |
| NGXOILGAS | 0.46 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| FIDSON | 10.35 | 10.35 | 11.38 | 1.03 | 9.95 |
| ETERNA | 6.54 | 6.54 | 7.19 | 0.65 | 9.94 |
| GLAXOSMITH | 7.60 | 8.35 | 8.35 | 0.75 | 9.87 |
| WAPCO | 28.90 | 28.90 | 31.75 | 2.85 | 9.86 |
| INTBREW | 8.90 | 9.75 | 9.75 | 0.85 | 9.55 |
| CHAMPION | 4.43 | 4.87 | 4.85 | 0.42 | 9.48 |
| ARDOVA | 13.95 | 13.95 | 15.20 | 1.25 | 8.96 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| ACADEMY | 1.85 | 1.85 | 1.67 | -0.18 | -9.73 |
| CHIPLC | 0.62 | 0.62 | 0.56 | -0.06 | -9.68 |
| LINKASSURE | 0.69 | 0.69 | 0.63 | -0.06 | -8.70 |
| VERITASKAP | 0.22 | 0.22 | 0.21 | -0.01 | -4.55 |
| AIICO | 0.79 | 0.79 | 0.76 | -0.03 | -3.80 |
| CADBURY | 17.00 | 17.00 | 16.40 | -0.60 | -3.53 |
| COURTVILLE | 0.57 | 0.57 | 0.55 | -0.02 | -3.51 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.29 | 414 | 94,397,060 | 122,724,561.40 |
| ZENITHBANK | 24.00 | 515 | 24,481,463 | 590,080,626.80 |
| WAPCO | 31.75 | 347 | 19,233,530 | 601,948,373.50 |
| ABBEYBDS | 1.33 | 6 | 18,366,150 | 24,389,838.53 |
| ACCESSCORP | 9.60 | 209 | 17,022,604 | 163,578,539.90 |
| JAIZBANK | 0.90 | 85 | 15,906,033 | 13,488,930.46 |
| OANDO | 6.09 | 179 | 14,351,902 | 86,700,563.96 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| WAPCO | 31.75 | 347 | 19,233,530 | 601,948,373.50 |
| ZENITHBANK | 24.00 | 515 | 24,481,463 | 590,080,626.80 |
| DANGCEM | 300.00 | 138 | 1,714,699 | 514,372,260.50 |
| MTNN | 261.60 | 605 | 1,910,243 | 499,017,056.60 |
| PRESCO | 200.00 | 165 | 2,208,991 | 437,089,793.05 |
| OKOMUOIL | 215.00 | 91 | 1,465,830 | 318,085,672.50 |
| GTCO | 23.60 | 490 | 13,274,204 | 315,107,960.70 |
OUTLOOK
Stock market continues its impressive run for the second consecutive day. We expect the bargain hunting to persist, as more investors are positioned to hedge against rising inflation.
