DANGCEM,GTCO, ZENITH BANK and 40 Others, Spur Stock Market to Sustain Bullish Trend

Trading activities on the equity market for today Monday(25/04/2022) closed positive, as the NGX-ASI rose by 0.17% to 48,543.36 from 48,459.65, indicating a YTD return of +13.64%. Similarly, the market capitalization grew to N26.17 trillion N26.12 trillion. The market turnover rose to N4.04bn from N3.85bn. The market breadth closed positive at 2.7x, as 43 stocks advanced against 16 stocks that declined, while 51 stocks remained unchanged. The share prices of UPDCREIT gained 10% to top the gainers’ list, while UNITYBNK declined by -6% to lead the losers’ chart. Also, ZENITHBANK recorded the highest volume of trades for the day. 

Stocks whose share prices gained during intra-day trading include:  UPDCREIT (+10.00%), IKEJAHOTEL(+9.93%), ETERNA(+9.84%), TRANSCORP(+9.80%), CHAMPION(+8.17%), INTBREW(+6.67%), TOTAL(+6.45%), STANBIC(+6.32%), FIDELITYBK(+5.41%), WAPCO(+5.28%), WEMABNK(+4.70%), ROYALEX(+4.17%), LINKASSURE(+4.08%), FCMB(+3.89%), MANSARD(+1.97%), GTCO(+1.65%), UBA(+1.23%), ZENITHBNK(+0.99%), ETI(+0.84%), FBNH(+0.42%), DANGSUGAR(+0.31%), FLOURMILL(+0.16%) and DANGCEM(+0.14%).

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MARKET STATISTICS

CAP N26,170,223,338,820.99 One Day (ASI CHG) +0.17%
Index 48,543.36 One Week (ASI CHG) +2.07%
Volume 328,391,904 One Month (ASI CHG) +3.36%
Value N4,038,454,773.37 Six Months (ASI CHG) +16.09%
Deals 5,711 52 Weeks (ASI CHG) +23.51.%
Gainers 43 Losers 16
Unchanged 51 Total 110
  YTD Returns +13.64%  

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI 0.17
NGX30 0.41
NGXBNK 0.34
NGXCNSMRGDS 2.45
NGXINDUSTR -1.10
NGXINS 0.39
NGXLOTUSISLM -0.39
NGXOILGAS 1.44

Top 7 Gainers

Security Previous Close Close Price Change Price % change
UPDCREIT 3.50 3.85 0.35 10.00
IKEJAHOTEL 1.41 1.55 0.14 9.93
ETERNA 6.65 7.31 0.66 9.92
OANDO 5.86 6.44 0.58 9.90
SKYAVN 6.37 7.00 0.63 9.89
MEYER 2.33 2.56 0.23 9.87
NB 48.70 53.50 4.80 9.86

Top 7 Losers

Security Previous Close Close Price Change Price % change
UNITYBNK 0.50 0.47 -0.03 -6.00
ACADEMY 1.17 1.10 -0.07 -5.98
JAPAULGOLD 0.34 0.32 -0.02 -5.88
UPDC 0.89 0.85 -0.04 -4.49
WAPIC 0.46 0.44 -0.02 -4.35
BUACEMENT 70.75 68.00 -2.75 -3.89
COURTVILLE 0.52 0.50 -0.02 -3.85

Top 7 Traders By Volume

Security Close Price  Trades  Daily Volume   Daily Value 
ZENITHBANK 25.55 348    35,842,261.00    912,150,444.20
OANDO 6.44 301    30,817,441.00    198,276,780.08
MANSARD 2.59 153    23,071,016.00      58,733,233.32
TRANSCORP 1.12 143    20,683,054.00      22,247,378.00
FBNH 12.00 172    20,085,589.00    240,041,746.35
WAPCO 26.90 443    17,643,657.00    471,247,792.90
GTCO 24.60 281    13,704,383.00    335,517,288.00

Top 7 Traders By Value

Security Close Price  Trades  Daily Volume   Daily Value 
ZENITHBANK 25.55 348    35,842,261.00    912,150,444.20
PRESCO 130.00 119      3,765,924.00    488,528,426.70
WAPCO 26.90 443    17,643,657.00    471,247,792.90
GTCO 24.60 281    13,704,383.00    335,517,288.00
FBNH 12.00 172    20,085,589.00    240,041,746.35
OANDO 6.44 301    30,817,441.00    198,276,780.08
GUINNESS 82.25 115      1,937,916.00    159,906,001.25

 

OUTLOOK

Activities on the market starts the week positively, maintaining last week’s bullish trend . We expect positive sentiments from investors this week  as companies release their financial results for the first quarter of 2022.

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