Trading activities on the equity market for today Wednesday (18/05/2022) closed negative, as the NGX-ASI declined by 0.07% to 52,721.34 from 52,756.62, indicating a YTD return of +23.43%. Similarly, the market capitalization dropped by N19.02 billion to N28.42trillion from N28.44 trillion. The market turnover declined to N7.42 billion from N7.72billion. The market breadth closed negative at 0.87x, as 20 stocks advanced against 23 stocks, while 69 remained unchanged. The share prices of TRANSCOHOT gained 9.84% to top the gainers’ list, while ACADEMY declined by -9.93% to lead the losers’ chart. Also, FBNH recorded the highest volume of trades for the day.
Stocks whose share prices loss during intra-day trading include: ACADEMY(-9.93%), BERGER(-8.86%), NEIMETH(-8.57%), MAYBAKER(-8.51%), WEMABANK(-7.61%), TRANSCORP(-6.34%), LIVESTOCK(-5.29%), FIDSON(-4.76%), NGXGROUP(-4.58%), FBNH(-3.24%), WAPCO(-2.41%), ROYALEX(-2.16%), UPDC(-1.87%), NAHCO (-1.33%), HONYFLOUR(-1.06%), ACCESSCORP(-1.02%), and NEM(-0.51%).

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MARKET STATISTICS
| CAP | N28,422,590,007,654.26 | One Day (ASI CHG) | -0.07% |
| Index | 52,721.34 | One Week (ASI CHG) | -0.22% |
| Volume | 611,973,850.00 | One Month (ASI CHG) | +10.86% |
| Value | N7,426,216,020.02 | Six Months (ASI CHG) | +21.80% |
| Deals | 5,948.00 | 52 Weeks (ASI CHG) | +35.10% |
| Gainers | 20 | Losers | 23 |
| Unchanged | 69 | Total | 112 |
| YTD Returns | +23.42% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.07 |
| NGX30 | -0.22 |
| NGXBNK | 0.10 |
| NGXCNSMRGDS | 0.29 |
| NGXINDUSTR | -0.19 |
| NGXINS | 0.81 |
| NGXLOTUSISLM | -0.09 |
| NGXOILGAS | 0.19 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| TRANSCOHOT | 4.88 | 5.36 | 0.48 | 9.84 |
| CHAMPION | 3.7 | 3.96 | 0.26 | 7.03 |
| CHIPLC | 0.61 | 0.65 | 0.04 | 6.56 |
| MULTIVERSE | 0.21 | 0.22 | 0.01 | 4.76 |
| MANSARD | 2.2 | 2.3 | 0.10 | 4.55 |
| CHAMS | 0.23 | 0.24 | 0.01 | 4.35 |
| JAPAULGOLD | 0.3 | 0.31 | 0.01 | 3.33 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| ACADEMY | 1.51 | 1.36 | -0.15 | -9.93 |
| BERGER | 7.9 | 7.2 | -0.70 | -8.86 |
| NEIMETH | 1.75 | 1.6 | -0.15 | -8.57 |
| MAYBAKER | 4.7 | 4.3 | -0.40 | -8.51 |
| WEMABANK | 3.55 | 3.28 | -0.27 | -7.61 |
| ABBEYBDS | 1.5 | 1.4 | -0.10 | -6.67 |
| TRANSCORP | 1.42 | 1.33 | -0.09 | -6.34 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FBNH | 11.95 | 246 | 153,336,385 | 1,897,131,354.35 |
| JAIZBANK | 0.85 | 94 | 116,641,894 | 104,480,216.46 |
| GTCO | 23.9 | 309 | 65,930,061 | 1,577,428,696.70 |
| FCMB | 3.5 | 99 | 43,484,514 | 152,172,006.66 |
| TRANSCORP | 1.33 | 282 | 40,734,151 | 57,855,266.09 |
| CUSTODIAN | 7.5 | 30 | 22,793,845 | 170,686,032.40 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FBNH | 11.95 | 246 | 153,336,385 | 1,897,131,354.35 |
| GTCO | 23.9 | 309 | 65,930,061 | 1,577,428,696.70 |
| MTNN | 255.5 | 598 | 3,064,206 | 753,880,194.40 |
| SEPLAT | 1300.1 | 32 | 485,948 | 631,897,365.50 |
| PRESCO | 200 | 101 | 1,736,366 | 312,571,630.10 |
| OKOMUOIL | 215 | 126 | 1,342,335 | 268,670,876.30 |
| INTBREW | 8.15 | 172 | 20,985,541 | 171,276,785.90 |
OUTLOOK
The equity market ended transactions on a negative note, we expect profit-taking from recently appreciated stocks to continue during the week.

