The Nigeria Equity Market closed for today, Friday (17/06/2022) negative, as the NGX-ASI declined by 1.21% to 51,778.08 from 52,411.09 , indicating a YTD return of +21.21%. Similarly, the market capitalization decreased by N341.26 billion to N27.91 from N28.26 trillion. The market turnover increased to N3.67 billion from N2.37 billion. The market breadth was negative at 0.39x, as 9 stocks advanced and 23 stocks declined, while 70 remained unchanged. ELLAHLAKES topped the gainers’ list with 8.40%, while ARDOVA dropped by -9.70% to lead the losers’ chart. Also, JAIZBANK recorded the highest volume of trades for the day.
Stocks whose share prices lost during intra-day trading include: ARDOVA (-9.70%), LIVESTOCK (-9.52%), INTBREW (-9.42%), COURTVILLE (-9.26%), ETI (-8.60%),MTNN (-5.64%), FBNH (-5.37%), NEM (-3.90%), CUTIX (-3.60%), JAPAULGOLD (-3.23%), NAHCO (-3.18%), JAIZBANK (-3.09%), ACCESSCORP (-2.62%), ZENITHBANK (-2.51%), GTCO (-2.09%), UNITYBNK (-2.08%), OANDO (-1.75%), and UPL (-0.35%)
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MARKET STATISTICS
| CAP | N27,914,065,952,371.81 | One Day (ASI CHG) | -1.21% |
| Index | 51,778.08 | One Week (ASI CHG) | -2.68% |
| Volume | 241,190,696 | One Month (ASI CHG) | -1.85% |
| Value | N3,665,408,354.56 | Six Months (ASI CHG) | +22.25% |
| Deals | 5,043 | 52 Weeks (ASI CHG) | +34.09% |
| Gainers | 9 | Losers | 23 |
| Unchanged | 70 | Total | 102 |
| YTD Returns | +21.21% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -1.21 |
| NGX30 | -1.76 |
| NGXBNK | -2.31 |
| NGXCNSMRGDS | -0.64 |
| NGXINDUSTR | -0.01 |
| NGXINS | -0.24 |
| NGXLOTUSISLM | -1.8 |
| NGXOILGAS | -0.58 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| ELLAHLAKES | 3.69 | 4.00 | 0.31 | 8.40 |
| UACN | 10.80 | 11.50 | 0.70 | 6.48 |
| MBENEFIT | 0.24 | 0.25 | 0.01 | 4.17 |
| FIDELITYBK | 3.26 | 3.37 | 0.11 | 3.37 |
| BUAFOODS | 53.75 | 55.00 | 1.25 | 2.33 |
| NGXGROUP | 24.00 | 24.45 | 0.45 | 1.88 |
| MANSARD | 2.04 | 2.07 | 0.03 | 1.47 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| ARDOVA | 14.95 | 13.50 | -1.45 | -9.70 |
| LIVESTOCK | 1.47 | 1.33 | -0.14 | -9.52 |
| INTBREW | 6.90 | 6.25 | -0.65 | -9.42 |
| COURTVILLE | 0.54 | 0.49 | -0.05 | -9.26 |
| ETI | 11.05 | 10.10 | -0.95 | -8.60 |
| MTNN | 234.20 | 221.00 | -13.20 | -5.64 |
| FBNH | 10.25 | 9.70 | -0.55 | -5.37 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| JAIZBANK | 0.94 | 80 | 40,661,801.00 | 37,214,204.46 |
| UBA | 7.5 | 246 | 35,717,860.00 | 269,420,022.40 |
| ZENITHBANK | 21.4 | 938 | 33,199,949.00 | 718,990,913.35 |
| GTCO | 21.05 | 455 | 16,776,294.00 | 359,693,324.40 |
| TRANSCORP | 1.27 | 98 | 10,909,533.00 | 13,995,779.87 |
| BUACEMENT | 74.25 | 131 | 10,056,980.00 | 681,926,288.10 |
| FBNH | 9.7 | 169 | 9,148,584.00 | 88,692,381.75 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 21.4 | 938 | 33,199,949.00 | 718,990,913.35 |
| BUACEMENT | 74.25 | 131 | 10,056,980.00 | 681,926,288.10 |
| AIRTELAFRI | 1745 | 30 | 267,839.00 | 467,447,399.00 |
| GTCO | 21.05 | 455 | 16,776,294.00 | 359,693,324.40 |
| MTNN | 221 | 278 | 1,321,809.00 | 296,907,735.40 |
| UBA | 7.5 | 246 | 35,717,860.00 | 269,420,022.40 |
| DANGSUGAR | 16 | 95 | 6,115,147.00 | 97,858,515.25 |
OUTLOOK
The Nigerian Equity market closed for the week negative on a four consecutive days bearish trend, as investors continue to digest the impact of Fed’s decision on the economy. We expect cautious trading and profit taking to continue in the domestic market.
