The Nigeria Equity Market closed for today, Tuesday (05/07/2022) bearish, as the NGX-ASI decreased by 0.4% to 51,586.5 from 51,791.45 , indicating a YTD return of +20.76%. Similarly, the market capitalization declined by N110.49billion to N27.81trillion from N27.92 trillion. The market turnover decreased to N2.57 billion from N2.82 billion. The market breadth was positive at 1.4x, as 23 stocks advanced and 16 stocks declined, while 68 remained unchanged. REDSTAREX topped the gainers’ list with +10.00%, while INTBREW dropped by -9.52% to lead the losers’ chart. Also, CAP recorded the highest volume of trades for the day.
Stocks whose share prices lost during intra-day trading include: INTBREW (-9.52%), CHIPLC (-8.00%), JAIZBANK(-6.67%), NASCON(-6.38%), BUAFOODS(-6.36%), FCMB (-6.36%), CAP(-6.34%),GLAXOSMITH (-6.15%), FBNH (-5.63%), CHAMS (-4.00%), REGALINS (-3.57%), JAPAULGOLD (-3.57%), ZENITHBANK (-2.04%), AIICO (-1.56%) and STERLNBANK (-1.32%).

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MARKET STATISTICS
| CAP | N27,810,823,192,273.94 | One Day (ASI CHG) | -0.42% |
| Index | 51,586.5 | One Week (ASI CHG) | -0.42% |
| Volume | 234,605,011 | One Month (ASI CHG) | -2.50% |
| Value | N2,569,743,582.71 | Six Months (ASI CHG) | +18.65% |
| Deals | 4,646 | 52 Weeks (ASI CHG) | +34.97% |
| Gainers | 23 | Losers | 16 |
| Unchanged | 68 | Total | 107 |
| YTD Returns | +20.76% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.4 |
| NGX30 | -0.26 |
| NGXBNK | -0.53 |
| NGXCNSMRGDS | -0.58 |
| NGXINDUSTR | 0.01 |
| NGXINS | -0.48 |
| NGXLOTUSISLM | -0.51 |
| NGXOILGAS | 0 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| REDSTAREX | 2.50 | 2.50 | 2.75 | 0.25 | 10.00 |
| JOHNHOLT | 0.82 | 0.82 | 0.90 | 0.08 | 9.76 |
| UPDC | 1.13 | 1.16 | 1.24 | 0.11 | 9.73 |
| UNITYBNK | 0.42 | 0.42 | 0.46 | 0.04 | 9.52 |
| ACADEMY | 1.32 | 1.32 | 1.43 | 0.11 | 8.33 |
| CHAMPION | 3.74 | 3.74 | 4.00 | 0.26 | 6.95 |
| NAHCO | 8.00 | 8.00 | 8.50 | 0.50 | 6.25 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| INTBREW | 6.30 | 6.30 | 5.70 | -0.60 | -9.52 |
| CHIPLC | 0.75 | 0.75 | 0.69 | -0.06 | -8.00 |
| JAIZBANK | 0.90 | 0.90 | 0.84 | -0.06 | -6.67 |
| NASCON | 11.75 | 11.75 | 11.00 | -0.75 | -6.38 |
| BUAFOODS | 55.00 | 55.00 | 51.50 | -3.50 | -6.36 |
| FCMB | 3.46 | 3.46 | 3.24 | -0.22 | -6.36 |
| CAP | 18.15 | 18.15 | 17.00 | -1.15 | -6.34 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| CAP | 17 | 49 | 29,322,609.00 | 499,947,392.85 |
| GTCO | 20.45 | 531 | 29,016,672.00 | 592,437,708.20 |
| UBA | 7.45 | 186 | 25,404,257.00 | 189,266,151.40 |
| TRANSCORP | 1.25 | 114 | 23,866,754.00 | 30,141,394.07 |
| STERLNBANK | 1.5 | 112 | 16,440,394.00 | 24,426,346.74 |
| ZENITHBANK | 21.65 | 460 | 11,743,083.00 | 258,036,576.60 |
| JAIZBANK | 0.84 | 51 | 9,793,447.00 | 8,127,252.80 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 20.45 | 531 | 29,016,672.00 | 592,437,708.20 |
| CAP | 17 | 49 | 29,322,609.00 | 499,947,392.85 |
| ZENITHBANK | 21.65 | 460 | 11,743,083.00 | 258,036,576.60 |
| SEPLAT | 1300.5 | 16 | 150,095.00 | 196,598,280.50 |
| UBA | 7.45 | 186 | 25,404,257.00 | 189,266,151.40 |
| MTNN | 230.3 | 249 | 643,203.00 | 148,456,591.90 |
| ACCESSCORP | 9.45 | 173 | 8,297,953.00 | 78,109,104.90 |
OUTLOOK
Equity market closed transaction for today negative as bargain hunting continues with prominent losses witnessed in all the sectors except in the industrial .We expect cautious trading to continue in the week.

