Trading activities on the equity market for today Monday (16/05/2022) closed negative, as the NGX-ASI increased by 0.29% to 52,944.09 from 53,100.21, indicating a YTD return of +23.94%. Similarly, the market capitalization dropped by N84.16billion to N28.54 trillion from N28.63 trillion. The market turnover grew to N4.96billion from N3.57billion. The market breadth closed positive at 1.3x, as 26 stocks advanced against 20 stocks, while 68 stocks remained unchanged. The share prices of NNFM gained 9.55% to top the gainers’ list, while CHAMPIONS declined by -9.84% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume of trades for the day.
Stocks whose share prices loss during intra-day trading include: CHAMPION (-9.84%), GLAXOSMITH (-9.49%), INTBREW (-9.09%), NEIMETH (-8.33%), WAPCO (-8.28%), RTBRISCOE(-7.25%), UNITYBNK (-5.56%), FTNCOCOA (-5.26%), MULTIVERSE (-4.55%), ROYALEX (-3.92%), IKEJAHOTEL (-3.51%), WEMABANK (-2.19%), LASACO (-1.75%), FLOURMILL (-1.69%), UBA (-1.25%), JAIZBANK (-1.11%), MAYBAKER(-0.99%), ZENITHBANK(-0.69%), MTNN(-0.61%), and FIDELITYBK, (-0.27%).

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MARKET STATISTICS
| CAP | N28,542,677,303,386.20 | One Day (ASI CHG) | -0.29% |
| Index | 52,944.09 | One Week (ASI CHG) | +2.01% |
| Volume | 374183929 | One Month (ASI CHG) | +13.32% |
| Value | N4,963,737,979.15 | Six Months (ASI CHG) | +21.87% |
| Deals | 6,854 | 52 Weeks (ASI CHG) | +34.10% |
| Gainers | 26 | Losers | 20 |
| Unchanged | 68 | Total | 114 |
| YTD Returns | +23.94% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.29 |
| NGX30 | -0.24 |
| NGXBNK | -0.24 |
| NGXCNSMRGDS | -0.62 |
| NGXINDUSTR | -0.64 |
| NGXINS | 2.41 |
| NGXLOTUSISLM | -0.4 |
| NGXOILGAS | 0.6 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| NNFM | 9.95 | 10.9 | 0.95 | 9.55 |
| TRANSCORP | 1.29 | 1.4 | 0.11 | 8.53 |
| WAPIC | 0.42 | 0.45 | 0.03 | 7.14 |
| CHIPLC | 0.57 | 0.61 | 0.04 | 7.02 |
| REGALINS | 0.29 | 0.31 | 0.02 | 6.90 |
| JAPAULGOLD | 0.3 | 0.32 | 0.02 | 6.67 |
| LINKASSURE | 0.6 | 0.64 | 0.04 | 6.67 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| CHAMPION | 4.37 | 3.94 | -0.43 | -9.84 |
| GLAXOSMITH | 7.9 | 7.15 | -0.75 | -9.49 |
| INTBREW | 8.8 | 8 | -0.80 | -9.09 |
| NEIMETH | 1.92 | 1.76 | -0.16 | -8.33 |
| WAPCO | 31.4 | 28.8 | -2.60 | -8.28 |
| RTBRISCOE | 0.69 | 0.64 | -0.05 | -7.25 |
| UNITYBNK | 0.54 | 0.51 | -0.03 | -5.56 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.4 | 305 | 88,586,250.00 | 118,991,205.60 |
| JAIZBANK | 0.89 | 90 | 87,416,065.00 | 77,857,596.57 |
| ACCESSCORP | 9.7 | 233 | 28,751,534.00 | 278,563,992.70 |
| INTBREW | 8 | 296 | 16,211,327.00 | 130,237,217.50 |
| IKEJAHOTEL | 1.1 | 87 | 11,375,705.00 | 12,628,074.12 |
| AIICO | 0.79 | 86 | 11,125,946.00 | 8,694,406.14 |
| GTCO | 23.95 | 351 | 10,264,748.00 | 245,893,553.65 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| SEPLAT | 1300.1 | 95 | 1,085,509.00 | 1,411,789,018.40 |
| MTNN | 260 | 558 | 2,751,341.00 | 715,648,714.80 |
| ACCESSCORP | 9.7 | 233 | 28,751,534.00 | 278,563,992.70 |
| AIRTELAFRI | 1400 | 56 | 174,554.00 | 257,218,479.70 |
| GTCO | 23.95 | 351 | 10,264,748.00 | 245,893,553.65 |
| WAPCO | 28.8 | 304 | 7,437,543.00 | 218,034,324.00 |
| PRESCO | 200 | 169 | 993,883.00 | 195,677,746.50 |
OUTLOOK
Stock market resumes trading activities this week bearish, as inflation advances by 16.82%. This week, we expect profit-taking to continue.

