Trading on the Nigerian equity market today (Thursday 14/04/2022) closed positive sustaining a five-day bullish trend. The NGX-ASI gained 0.40% to close at 47,510.38 from 47,367.31, indicating a YTD return of +11.22%. Similarly, the market capitalization also rose to N25.61 trillion from N25.54 trillion. The market turnover dropped to N4.02bn from N9.95bn . The market breadth closed positive at 1.31x, as 21 stocks advanced against 16 stocks that declined, while 77 stocks remained unchanged. The share prices of SFSREIT gained 10% to top the gainers’ list, while DANGSUGAR declined by -5.09% to lead the losers’ chart. Also, FIDELITYBK recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: SFSREIT (+10.00%), MEYER(+7.38%), UPDC(+7.32%), CHAMS(+5.00%), LINKASSURE(+4.08%), MANSARD(+3.60%), BERGER(+3.57%), NB(+2.74%), FIDELITYBNK(+2.67%), DANGCEM(+2.38%), UNITYBNK(+2.17%), NEM(+1.76%), LIVESTOCK(+1.74%), HONYFLOUR(+1.39%), TRANSCORP(+1.00%), GLAXOSMITH(+0.84%), WAPCO(+0.43%) and GTCO(+0.41%).
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MARKET STATISTICS
| CAP | N25,613,331,822,422.49 | One Day (ASI CHG) | +0.40% |
| Index | 47,510.38 | One Week (ASI CHG) | +1.99% |
| Volume | 385,182,496.00 | One Month (ASI CHG) | +0.46% |
| Value | N4,022,040,343.69 | Six Months (ASI CHG) | +14.77% |
| Deals | 6,212.00 | 52 Weeks (ASI CHG) | +23.30% |
| Gainers | 21 | Losers | 16 |
| Unchanged | 77 | Total | 114 |
| YTD Returns | +11.34% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.40 |
| NGX30 | 0.43 |
| NGXBNK | -0.65 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | 1.23 |
| NGXINS | 1.32 |
| NGXLOTUSISLM | 0.33 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| SFSREIT | 70.00 | 77.00 | 7.00 | 10.00 |
| MEYER | 1.49 | 1.60 | 0.11 | 7.38 |
| UPDC | 0.82 | 0.88 | 0.06 | 7.32 |
| CHAMS | 0.20 | 0.21 | 0.01 | 5.00 |
| LINKASSURE | 0.49 | 0.51 | 0.02 | 4.08 |
| MANSARD | 2.50 | 2.59 | 0.09 | 3.60 |
| BERGER | 7.00 | 7.25 | 0.25 | 3.57 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| DANGSUGAR | 16.70 | 15.85 | -0.85 | -5.09 |
| RTBRISCOE | 0.60 | 0.57 | -0.03 | -5.00 |
| AFRIPRUD | 6.30 | 6.00 | -0.30 | -4.76 |
| UBN | 6.50 | 6.20 | -0.30 | -4.62 |
| CUTIX | 2.44 | 2.40 | -0.04 | -1.64 |
| REDSTAREX | 3.05 | 3.00 | -0.05 | -1.64 |
| FLOURMILL | 31.00 | 30.55 | -0.45 | -1.45 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FIDELITYBK | 3.85 | 262 | 74,813,893.00 | 282,517,598.79 |
| STERLNBANK | 1.40 | 258 | 45,533,210.00 | 64,895,198.47 |
| ACCESSCORP | 10.25 | 242 | 33,865,945.00 | 347,250,886.65 |
| ZENITHBANK | 25.00 | 403 | 31,090,064.00 | 777,993,766.15 |
| AFRINSURE | 0.20 | 1 | 26,656,229.00 | 5,331,245.80 |
| UBA | 8.20 | 242 | 21,293,856.00 | 174,490,434.30 |
| GTCO | 24.50 | 385 | 19,952,474.00 | 490,453,400.15 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| ZENITHBANK | 25.00 | 403 | 31,090,064.00 | 777,993,766.15 |
| MTNN | 213.00 | 341 | 2,511,108.00 | 536,661,658.40 |
| GTCO | 24.50 | 385 | 19,952,474.00 | 490,453,400.15 |
| ACCESSCORP | 10.25 | 242 | 33,865,945.00 | 347,250,886.65 |
| FIDELITYBK | 3.85 | 262 | 74,813,893.00 | 282,517,598.79 |
| SEPLAT | 985.00 | 40 | 270,899.00 | 269,444,015.40 |
| UBA | 8.20 | 242 | 21,293,856.00 | 174,490,434.30 |
OUTLOOK
The week closes on a positive note, maintaining the bullish trend as the Easter holiday sets in. We expect the market to maintain this trend next week.
