Trading activities on the equity market for today Thursday (19/05/2022) closed positive, as the NGX-ASI increased by 1.05% to 53,275.49 from 52,721.62, indicating a YTD return of +23.72%. Similarly, the market capitalization grew by N298.75 billion to N28.72 trillion from N28.42 trillion. The market turnover increased to N8.45 billion from N7.42 billion. The market breadth closed negative at 0.69x, as 20 stocks advanced against 29 stocks, while 65 remained unchanged. The share prices of TRANSCORP gained 9.89% to top the gainers’ list, while CONOIL declined by -10.00% 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: TRANSCORP (+9.89%), BETAGLAS (+9.74%), VERITASKAP (+9.52%), GLAXOSMITH (+6.87%), MTNN (+5.68%), STANBIC (+4.55%), MEYER (+3.33%), ACCESSCORP (+2.06%), NEM (+1.78%), WAPCO (+1.59%), STERLNBANK (+0.65%), UBA (+0.63%), LIVESTOCK (+0.62%), FBNH (+0.42%), PZ(+0.37%), and MAYBAKER (+0.23%).

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MARKET STATISTICS
| CAP | N28,721,337,320,511.30 | One Day (ASI CHG) | +1.05% |
| Index | 53,275.49 | One Week (ASI CHG) | +0.68% |
| Volume | 274,556,626 | One Month (ASI CHG) | +12.05% |
| Value | N8,446,985,457.19 | Six Months (ASI CHG) | +23.32% |
| Deals | 5,184 | 52 Weeks (ASI CHG) | +38.58% |
| Gainers | 20 | Losers | 29 |
| Unchanged | 65 | Total | 115 |
| YTD Returns | +24.72% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.05 |
| NGX30 | 1.13 |
| NGXBNK | -0.76 |
| NGXCNSMRGDS | -0.23 |
| NGXINDUSTR | 0.14 |
| NGXINS | -1.33 |
| NGXLOTUSISLM | 1.87 |
| NGXOILGAS | -0.79 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| TRANSCOHOT | 5.36 | 5.89 | 0.53 | 9.89 |
| BETAGLAS | 57.00 | 62.55 | 5.55 | 9.74 |
| VERITASKAP | 0.21 | 0.23 | 0.02 | 9.52 |
| MULTIVERSE | 0.22 | 0.24 | 0.02 | 9.09 |
| ABBEYBDS | 1.40 | 1.52 | 0.12 | 8.57 |
| GLAXOSMITH | 6.55 | 7.00 | 0.45 | 6.87 |
| MTNN | 255.50 | 270.00 | 14.50 | 5.68 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| CONOIL | 31.50 | 28.35 | -3.15 | -10.00 |
| ETERNA | 7.30 | 6.60 | -0.70 | -9.59 |
| PRESTIGE | 0.44 | 0.40 | -0.04 | -9.09 |
| CHAMS | 0.24 | 0.22 | -0.02 | -8.33 |
| ROYALEX | 1.36 | 1.26 | -0.10 | -7.35 |
| NPFMCRFBK | 2.00 | 1.86 | -0.14 | -7.00 |
| TRANSCORP | 1.33 | 1.24 | -0.09 | -6.77 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.24 | 250 | 48,381,202 | 61,433,118.18 |
| MTNN | 270 | 432 | 20,601,952 | 5,494,941,075.80 |
| CONOIL | 28.35 | 72 | 14,343,947 | 409,104,093.15 |
| GTCO | 23.9 | 240 | 13,729,757 | 328,084,274.55 |
| FBNH | 12 | 214 | 13,536,021 | 162,456,410.40 |
| UBA | 7.95 | 188 | 12,284,716 | 97,414,165.60 |
| ACCESSCORP | 9.9 | 186 | 11,916,606 | 116,512,726.90 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 270 | 432 | 20,601,952 | 5,494,941,075.80 |
| SEPLAT | 1299.9 | 96 | 336,592 | 420,718,853.50 |
| CONOIL | 28.35 | 72 | 14,343,947 | 409,104,093.15 |
| GTCO | 23.9 | 240 | 13,729,757 | 328,084,274.55 |
| NESTLE | 1401.4 | 52 | 135,260 | 189,491,486.80 |
| FBNH | 12 | 214 | 13,536,021 | 162,456,410.40 |
| ACCESSCORP | 9.9 | 186 | 11,916,606 | 116,512,726.90 |
OUTLOOK
The equity market closed trading activities for today bullish, as investors’ increased buying appetite for MTNN and 19 others lifted the market by 1.05% following three days of successive losses. However, we expect profit-taking from recently appreciated stocks to continue during the week.

