The Nigeria Equity Market closed for today, Tuesday (07/06/2022) positive, as the NGX-ASI increased by 0.35% to 53,270.88 from 52,908.24, indicating a YTD return of +24.71%. Similarly, the market capitalization increased by N99.21 billion to N28.72 trillion from N28.62 trillion. The market turnover decreased to N2.75 billion from N8.90 billion. The market breadth was positive at 1.06x, as 16 stocks advanced and 15 stocks declined, while 81 remained unchanged. GSPECPLC tops the gainers’ list with 10.00%, while CUTIX dropped by -10.00% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: GSPECPLC (+10.00%), JAIZBANK (+7.95%), JAPAULGOLD (+6.67%), GLAXOSMITH (+5.11%), UACN (+4.55%), STERLNBANK (+2.67%), MTNN (+2.35%), UCAP (+1.91%), UBN (+1.56%), WEMABANK (+1.23%), NGXGROUP (+1.01%), DANGSUGAR (+0.94%), WAPCO (+0.74%), UBA (+0.64%), and ZENITHBANK (+0.21%).
Click here for more on the price list
MARKET STATISTICS
| CAP | N28,718,866,227,470.50 | One Day (ASI CHG) | +0.35% |
| Index | 53,270.88 | One Week (ASI CHG) | -0.68% |
| Volume | 234,624,096 | One Month (ASI CHG) | +4.59% |
| Value | N2,745,106,966.30 | Six Months (ASI CHG) | +26.78% |
| Deals | 4,232 | 52 Weeks (ASI CHG) | +37.69% |
| Gainers | 16 | Losers | 15 |
| Unchanged | 81 | Total | 112 |
| YTD Returns | +24.71% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.35 |
| NGX30 | 0.38 |
| NGXBNK | 0.29 |
| NGXCNSMRGDS | -0.26 |
| NGXINDUSTR | 0.04 |
| NGXINS | -0.37 |
| NGXLOTUSISLM | 0.84 |
| NGXOILGAS | 0 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| GSPECPLC | 2.50 | 2.75 | 0.25 | 10.00 |
| JAIZBANK | 0.88 | 0.95 | 0.07 | 7.95 |
| JAPAULGOLD | 0.30 | 0.32 | 0.02 | 6.67 |
| GLAXOSMITH | 6.85 | 7.20 | 0.35 | 5.11 |
| UACN | 11.00 | 11.50 | 0.50 | 4.55 |
| STERLNBANK | 1.50 | 1.54 | 0.04 | 2.67 |
| MTNN | 234.50 | 240.00 | 5.50 | 2.35 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| CUTIX | 2.90 | 2.61 | -0.29 | -10.00 |
| CADBURY | 17.70 | 16.65 | -1.05 | -5.93 |
| FTNCOCOA | 0.36 | 0.34 | -0.02 | -5.56 |
| WAPIC | 0.42 | 0.40 | -0.02 | -4.76 |
| HONYFLOUR | 3.30 | 3.15 | -0.15 | -4.55 |
| CAVERTON | 1.14 | 1.09 | -0.05 | -4.39 |
| FBNH | 11.25 | 10.90 | -0.35 | -3.11 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.23 | 117 | 30,433,252.00 | 37,213,475.85 |
| UBA | 7.85 | 158 | 25,800,966.00 | 201,338,264.85 |
| CHAMS | 0.25 | 23 | 20,524,790.00 | 4,928,787.45 |
| NGXGROUP | 25 | 56 | 18,531,635.00 | 459,962,000.90 |
| FIDELITYBK | 3.42 | 143 | 17,509,783.00 | 59,352,047.83 |
| WAPIC | 0.4 | 30 | 11,531,656.00 | 4,702,588.50 |
| ACCESSCORP | 9.95 | 169 | 10,509,222.00 | 104,458,892.45 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| NGXGROUP | 25 | 56 | 18,531,635.00 | 459,962,000.90 |
| AIRTELAFRI | 1766 | 50 | 194,848.00 | 336,632,937.00 |
| UBA | 7.85 | 158 | 25,800,966.00 | 201,338,264.85 |
| GTCO | 22.4 | 339 | 8,683,686.00 | 194,938,626.65 |
| ZENITHBANK | 23.4 | 314 | 7,923,288.00 | 185,226,092.40 |
| PRESCO | 162 | 81 | 1,060,456.00 | 165,643,508.90 |
| SEPLAT | 1289.5 | 20 | 126,844.00 | 163,430,348.70 |
OUTLOOK
The stock market closed positively, as bargain hunting was seen in all the major sectors. We expect cautious trading to continue.
