Trading activities on the equity market for today Tuesday (17/05/2022) closed negative, as the NGX-ASI declined by 0.35% to 52,756.62 from 52,944.09, indicating a YTD return of +23.50%. Similarly, the market capitalization dropped by N101.07billion to N28.44trillion from N28.54 trillion. The market turnover grew to N7.72 billion from N4.96billion. The market breadth closed negative at 0.74x, as 20 stocks advanced against 27 stocks, while 68 stocks remained unchanged. The share prices of PZ gained 9.96% to top the gainers’ list, while FLOURMILL declined by -9.20% to lead the losers’ chart. Also, JAIZBANK recorded the highest volume of trades for the day.
Stocks whose share prices loss during intra-day trading include: FLOURMILL (-9.20%), GLAXOSMITH (-8.39%), NPFMCRFBK(-8.02%), JAPAULGOLD(-6.25%), CHAMPION(-6.09%), ROYALEX(-5.44%), FIDSON(-4.15%), CUTIX(-3.33%), UNILEVER(-2.67%), FIDELITYBK(-2.44%), OANDO (-1.91%), DANGSUGAR(-1.73%), MTNN(-1.73%), ARDOVA (-1.32%), ZENITHBANK(-1.03%), NEIMETH(-0.57%), WEMABANK(-0.56%), GTCO(-0.21%) and SEPLAT(-0.01%), .

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MARKET STATISTICS
| CAP | N28,441,611,246,465.05 | One Day (ASI CHG) | -0.35% |
| Index | 52,756.62 | One Week (ASI CHG) | +1.84% |
| Volume | 1,323,730,306.00 | One Month (ASI CHG) | +10.93% |
| Value | N7,724,355,711.93 | Six Months (ASI CHG) | +21.70% |
| Deals | 6,449.00 | 52 Weeks (ASI CHG) | +34.22% |
| Gainers | 20 | Losers | 27 |
| Unchanged | 68 | Total | 115 |
| YTD Returns | +23.50% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.35 |
| NGX30 | -0.42 |
| NGXBNK | -0.39 |
| NGXCNSMRGDS | -0.54 |
| NGXINDUSTR | 0.05 |
| NGXINS | -0.21 |
| NGXLOTUSISLM | -0.59 |
| NGXOILGAS | -0.31 |
Top 7 Gainers
| Security | Previous | Close Price | Change Price | % change |
| PZ | 12.05 | 13.25 | 1.20 | 9.96 |
| BERGER | 7.20 | 7.90 | 0.70 | 9.72 |
| NNFM | 10.90 | 11.95 | 1.05 | 9.63 |
| ABBEYBDS | 1.37 | 1.50 | 0.13 | 9.49 |
| IKEJAHOTEL | 1.10 | 1.19 | 0.09 | 8.18 |
| SOVRENINS | 0.26 | 0.28 | 0.02 | 7.69 |
| CHAMS | 0.22 | 0.23 | 0.01 | 4.55 |
Top 7 Losers
| Security | Previous | Close Price | Change Price | % change |
| FLOURMILL | 40.75 | 37.00 | -3.75 | -9.20 |
| GLAXOSMITH | 7.15 | 6.55 | -0.60 | -8.39 |
| NPFMCRFBK | 2.12 | 1.95 | -0.17 | -8.02 |
| JAPAULGOLD | 0.32 | 0.30 | -0.02 | -6.25 |
| CHAMPION | 3.94 | 3.70 | -0.24 | -6.09 |
| ROYALEX | 1.47 | 1.39 | -0.08 | -5.44 |
| FIDSON | 12.05 | 11.55 | -0.50 | -4.15 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| JAIZBANK | 0.90 | 141 | 172,146,327.00 | 151,769,200.06 |
| TRANSCORP | 1.42 | 390 | 140,076,331.00 | 202,127,617.73 |
| GTCO | 23.90 | 376 | 50,386,186.00 | 1,206,461,531.15 |
| INTBREW | 8.05 | 192 | 21,022,951.00 | 165,128,695.90 |
| SOVRENINS | 0.28 | 20 | 13,870,206.00 | 3,881,786.98 |
| AIICO | 0.78 | 105 | 12,956,551.00 | 10,083,553.19 |
| UBA | 7.90 | 233 | 10,263,152.00 | 81,394,714.30 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| GTCO | 23.90 | 376 | 50,386,186 | 1,206,461,531.15 |
| MTNN | 255.50 | 426 | 2,444,711 | 627,200,091.10 |
| SEPLAT | 1300.00 | 46 | 283,823 | 368,995,147.40 |
| WAPCO | 29.00 | 334 | 9,604,951 | 279,032,994.60 |
| NESTLE | 1401.40 | 37 | 174,660 | 244,766,711.20 |
| TRANSCORP | 1.42 | 390 | 140,076,331 | 202,127,617.73 |
| ZENITHBANK | 24.10 | 310 | 7,503,789 | 181,946,665.80 |
OUTLOOK
Stock market ended transactions on a bearish note, we expect profit-taking to continue during the week.

