Trading activities on the equity market for today Wednesday (20/04/2022), closed bullish, reversing the previous trading day loss, as the NGX-ASI surged by 1.25% to 48,138.71 from 47,545.86, indicating a YTD return of +12.69%. Similarly, the market capitalization also increased to N25.95 trillion from N25.63 trillion. The market turnover dropped to N3.70bn from N7.10bn. The market breadth closed positive at 1.33x, as 28 stocks advanced against 21 stocks that declined, while 66 stocks remained unchanged. The share prices of ETERNA and JAPAULGOLD gained 10% to top the gainers’ list, while UNIONDICON declined by -9.60% to lead the losers’ chart. Also, UNIVINSURE recorded the highest volume of trades for the day.
Stocks whose share prices losers during intra-day trading include: ETERNA (+10.00%), JAPAULGOLD (+10.00%), GUINNESS (+9.96%), MEYER (+9.66%), NB (+8.60%), ROYALEX (+6.32%), AIRTELAFRI (+4.73%), SEPLAT (+4.57%), ARDOVA (+2.77%), STERLNBANK (+2.76%), OKOMUOIL (+2.60%), HONYFLOUR (+2.43%), DANGCEM (+1.93%), MRS (+1.64%) FLOURMILL (+1.47%), TRANSCORP (+1.00%), ETI (+0.84%), NASCON (+0.84%), UBN (+0.81%), CONOIL (+0.77%), WEMABANK (+0.65%), and UACN (+0.43%).
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MARKET STATISTICS
| CAP | N25,952,069,460,485.98 | One Day (ASI CHG) | +1.25% |
| Index | 48,138.71 | One Week (ASI CHG) | +1.63% |
| Volume | 349,560,578 | One Month (ASI CHG) | +1.81% |
| Value | N3,699,366,225.46 | Six Months (ASI CHG) | +16.70% |
| Deals | 4,587 | 52 Weeks (ASI CHG) | +23.38% |
| Gainers | 28 | Losers | 21 |
| Unchanged | 66 | Total | 115 |
| YTD Returns | +12.69% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.25 |
| NGX30 | 0.44 |
| NGXBNK | -2.45 |
| NGXCNSMRGDS | 2.06 |
| NGXINDUSTR | 0.98 |
| NGXINS | -0.26 |
| NGXLOTUSISLM | 0.51 |
| NGXOILGAS | 2.98 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| ETERNA | 5.00 | 5.50 | 0.50 | 10.00 |
| JAPAULGOLD | 0.30 | 0.33 | 0.03 | 10.00 |
| GUINNESS | 74.80 | 82.25 | 7.45 | 9.96 |
| MEYER | 1.76 | 1.93 | 0.17 | 9.66 |
| WAPIC | 0.42 | 0.46 | 0.04 | 9.52 |
| NB | 44.20 | 48.00 | 3.80 | 8.60 |
| ROYALEX | 0.95 | 1.01 | 0.06 | 6.32 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| UNIONDICON | 9.90 | 8.95 | -0.95 | -9.60 |
| CWG | 0.97 | 0.88 | -0.09 | -9.28 |
| JOHNHOLT | 0.78 | 0.71 | -0.07 | -8.97 |
| REGALINS | 0.35 | 0.32 | -0.03 | -8.57 |
| SUNUASSUR | 0.36 | 0.33 | -0.03 | -8.33 |
| CUTIX | 2.43 | 2.26 | -0.17 | -7.00 |
| CORNERST | 0.60 | 0.56 | -0.04 | -6.67 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| UNIVINSURE | 0.2 | 2 | 73,046,652 | 14,609,330.40 |
| ZENITHBANK | 24 | 404 | 23,653,793 | 571,508,397.90 |
| FIDELITYBK | 3.85 | 213 | 20,727,861 | 79,964,645.61 |
| UBA | 8 | 165 | 20,061,972 | 160,502,961.55 |
| MBENEFIT | 0.25 | 25 | 16,374,325 | 3,948,321.00 |
| FCMB | 3.28 | 74 | 12,590,101 | 41,058,910.83 |
| TRANSCORP | 1.01 | 88 | 12,407,805 | 12,423,215.95 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 213 | 273 | 2,953,055 | 629,026,023.30 |
| ZENITHBANK | 24 | 404 | 23,653,793 | 571,508,397.90 |
| SEPLAT | 1030 | 30 | 373,720 | 383,318,290.20 |
| AIRTELAFRI | 1320 | 21 | 233,956 | 305,140,182.00 |
| NB | 48 | 78 | 4,908,728 | 226,318,801.15 |
| UBA | 8 | 165 | 20,061,972 | 160,502,961.55 |
| GTCO | 23.7 | 360 | 6,681,674 | 160,033,587.95 |
OUTLOOK
Equity market reverse previous day loss as investors increased buying interest in three major sectors, led by the Oil & Gas, which grew by +2.98%, lifted the NGX-ASI by 1.25%. However, We expect the bullish run to persist in the coming trading days.
