The Nigeria Equity Market closed for today, Wednesday (22/06/2022) bullish, as the NGX-ASI increased by 0.56% to 51,377.21 from 51,091.75, indicating a YTD return of +20.28%. Similarly, the market capitalization increased by N153.90 billion to N27.70 trillion from N27,54 trillion. The market turnover increased to N3.20 billion from N2.74 billion. The market breadth was positive at 1.13x, as 18 stocks advanced and 16 stocks declined, while 70 remained unchanged. ELLAHLAKES topped the gainers’ list with +10.00%, while NNFM dropped by -9.91% to lead the losers’ chart. Also, OANDO recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: ELLAHLAKES (10.00%), PRESCO (9.21%), FBNH (9.52%), LIVESTOCK (9.09%), BUAFOODS (6.87%), JAIZBANK (4.21%), FLOURMILL (2.81%), WAPCO (1.89%), DANGCEM (1.85%), AIICO (1.56%), CAVERTON (0.96%), STANBIC (0.93%), MTNN (0.91%), ACCESSCORP (0.53%).
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MARKET STATISTICS
| CAP | N27,697,950,165,245.79 | One Day (ASI CHG) | +0.56% |
| Index | 51,377.21 | One Week (ASI CHG) | -2.65% |
| Volume | 229,366,382 | One Month (ASI CHG) | -3.03% |
| Value | N3,196,783,222.85 | Six Months (ASI CHG) | +21.62% |
| Deals | 4,536 | 52 Weeks (ASI CHG) | +35.75% |
| Gainers | 18 | Losers | 16 |
| Unchanged | 70 | Total | 104 |
| YTD Returns | +20.28% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.56 |
| NGX30 | 0.38 |
| NGXBNK | -0.61 |
| NGXCNSMRGDS | 0.14 |
| NGXINDUSTR | -0.28 |
| NGXINS | -0.39 |
| NGXLOTUSISLM | 0.62 |
| NGXOILGAS | -0.19 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| ELLAHLAKES | 4.00 | 4.00 | 4.40 | 0.40 | 10.00 |
| PRESCO | 166.80 | 170.00 | 183.00 | 16.20 | 9.71 |
| FBNH | 8.40 | 8.40 | 9.20 | 0.80 | 9.52 |
| LIVESTOCK | 1.32 | 1.32 | 1.44 | 0.12 | 9.09 |
| COURTVILLE | 0.46 | 0.46 | 0.50 | 0.04 | 8.70 |
| BUAFOODS | 49.50 | 49.50 | 52.90 | 3.40 | 6.87 |
| UNITYBNK | 0.47 | 0.47 | 0.49 | 0.02 | 4.26 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| NNFM | 10.60 | 10.60 | 9.55 | -1.05 | -9.91 |
| JOHNHOLT | 0.71 | 0.71 | 0.64 | -0.07 | -9.86 |
| CWG | 0.88 | 0.88 | 0.80 | -0.08 | -9.09 |
| CHIPLC | 0.68 | 0.68 | 0.62 | -0.06 | -8.82 |
| GLAXOSMITH | 6.40 | 6.40 | 6.00 | -0.40 | -6.25 |
| ETI | 10.10 | 10.10 | 9.50 | -0.60 | -5.94 |
| RTBRISCOE | 0.55 | 0.55 | 0.52 | -0.03 | -5.45 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| OANDO | 5.7 | 364 | 34,464,387 | 184,977,481.78 |
| FCMB | 3.5 | 40 | 26,198,800 | 91,683,258.03 |
| UBA | 7.5 | 204 | 26,018,206 | 194,046,164.10 |
| ACCESSCORP | 9.5 | 136 | 22,772,131 | 216,285,537.40 |
| GTCO | 21 | 444 | 15,828,085 | 332,394,763.50 |
| ZENITHBANK | 21.95 | 446 | 14,528,080 | 319,563,605.70 |
| TRANSCORP | 1.28 | 74 | 10,783,773 | 13,550,049.03 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 221 | 296 | 2,576,986 | 565,619,462.10 |
| GTCO | 21 | 444 | 15,828,085 | 332,394,763.50 |
| ZENITHBANK | 21.95 | 446 | 14,528,080 | 319,563,605.70 |
| PRESCO | 183 | 71 | 1,331,932 | 231,533,711.60 |
| ACCESSCORP | 9.5 | 136 | 22,772,131 | 216,285,537.40 |
| DANGCEM | 275 | 144 | 800,587 | 212,251,891.20 |
| UBA | 7.5 | 204 | 26,018,206 | 194,046,164.10 |
OUTLOOK
Equity market closed positive today, due to investors’ increased bargain hunt oversold medium and large scale stocks such as PRESCO, FBNH, MTNN, and others. However, we expect bargain hunting to resume in the domestic market.
