The Nigerian equities market gained 1.05%,as the rout in equities prices remained positive. NGX- ASI increased to 43,476.75 from 43,026.23, while the YTD return of the index rose to +1.78% from +0.73%. The total market capitalization increased to N23.43trn from N23.18trn as investors gained N242.75bn.
The market turnover increased to N42.97bn from N1.52bn, while market breadth was positive at 1.29x as 22 stocks advanced against 17 stocks that declined, 72 stocks remained unchanged. The share price of BUAFOODS and AIRTELAFRCA increased by 10.00% to top the gainers chart, while UNITYBNK lost -9.62% to lead the losers’ chart.
Stocks whose share prices increased during intra-day trading include: BUAFOODS(10.00%), AIRTELAFRCA(10.00%), OANDO(9.73%), AIICO(8.33%), ARDOVA(7.69%), CAVERTON(6.25%), FIDSON(6.11%), UPDC(6.09%), LASACO(5.77%), CHAMS(5.00%), VERITASKAP(4.55%), FCMB(3.16%), NGXGRP(2.56%), SEPLAT(2.31%), MAYBAKER(1.99%), ETERNA(1.19%), HONYFLOUR(1.18%), ACCESS(1.08%), LEARNAFRCA(0.85%), WAPCO(0.63%), NPFMCRFBK(0.59%) and DANSUGAR(0.29%).
MARKET STATISTICS
| CAP | N23,426,512,888,369.00 | One Day (ASI CHG) | +1.05% |
| Index | 43,476.75 | One Week (ASI CHG) | +3.99% |
| Volume | 1,240,862,457.00 | One Month (ASI CHG) | +3.10% |
| Value | N42,966,433,022.69 | Six Months (ASI CHG) | +13.75% |
| Deals | 4,032.00 | 52 Weeks (ASI CHG) | +7.63% |
| Gainers | 22 | Losers | 17 |
| Unchanged | 72 | Total | 111 |
| YTD Returns | +1.78% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.05 |
| NGX30 | -0.99 |
| NGXBNK | -0.50 |
| NGXCNSMRGDS | -0.02 |
| NGXINDUSTR | -2.42 |
| NGXINS | 0.85 |
| NGXLOTUSISLM | -0.92 |
| NGXOILGAS | 3.12 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| BUAFOODS | 40.00 | 40.00 | 44.00 | 4.00 | 10.00 |
| AIRTELAFRI | 955.00 | 955.00 | 1050.50 | 95.50 | 10.00 |
| OANDO | 4.42 | 4.42 | 4.85 | 0.43 | 9.73 |
| AIICO | 0.72 | 0.72 | 0.78 | 0.06 | 8.33 |
| ARDOVA | 11.70 | 11.70 | 12.60 | 0.90 | 7.69 |
| CAVERTON | 1.60 | 1.60 | 1.70 | 0.10 | 6.25 |
| FIDSON | 6.22 | 6.60 | 6.60 | 0.38 | 6.11 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % change |
| UNITYBNK | 0.52 | 0.52 | 0.47 | -0.05 | -9.62 |
| ROYALEX | 0.85 | 0.85 | 0.77 | -0.08 | -9.41 |
| REGALINS | 0.49 | 0.49 | 0.45 | -0.04 | -8.16 |
| UBN | 5.80 | 5.80 | 5.40 | -0.40 | -6.90 |
| MBENEFIT | 0.32 | 0.32 | 0.30 | -0.02 | -6.25 |
| LIVESTOCK | 2.05 | 2.05 | 1.93 | -0.12 | -5.85 |
| NEIMETH | 1.89 | 1.89 | 1.80 | -0.09 | -4.76 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| BUAFOODS | 44.00 | 1,006,998,462.00 | 40,533,945,898.00 |
| WEMABANK | 0.79 | 25,014,839.00 | 19,014,050.62 |
| TRANSCORP | 0.98 | 24,954,859.00 | 24,624,391.15 |
| NGXGROUP | 20.00 | 14,536,935.00 | 285,748,324.00 |
| UBA | 8.05 | 13,945,124.00 | 112,243,857.95 |
| SOVRENINS | 0.28 | 11,102,700.00 | 2,890,169.00 |
| ZENITHBANK | 25.30 | 10,882,448.00 | 275,225,558.85 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| BUAFOODS | 44.00 | 1,006,998,462.00 | 40,533,945,898.00 |
| NGXGROUP | 20.00 | 14,536,935.00 | 285,748,324.00 |
| ZENITHBANK | 25.30 | 10,882,448.00 | 275,225,558.85 |
| AIRTELAFRI | 1050.50 | 251,945.00 | 264,526,617.80 |
| GTCO | 25.90 | 9,313,137.00 | 241,135,804.65 |
| NB | 48.00 | 4,057,208.00 | 194,487,463.20 |
| DANGCEM | 250.00 | 606,427.00 | 151,458,576.30 |
OUTLOOK
The market continues to ride on a positive trend with its second gaining trading session this year, as investors anticipate full year earnings results and dividend declarations. However,we look forward to how the market will perform this 2022, as events unfold and investors’ decisions respond to the changes of both the economy and individual sentiments. Also,the BUAFOODS Plc listing and fully paid 18,000,000,000 Ordinary Shares of 50Kobo each at N40.00 per share, influenced the market performance as it was the top gainer for the day alongside AIRTELAFRCA.
