The Nigeria Equity Market closed today, Monday(30/05/2022) negative, as the NGX-ASI declined by 0.58% to 53,77214 from 54,085.30, indicating a YTD return of +25.88%. Similarly, the market capitalization decreased by N168.78 billion to N29.16 trillion from N29.16 trillion. The market turnover increased to N194.36 billion from N5.52 billion. The market breadth was positive at 1.47x, as 25 stocks advanced and 17 stocks declined, while 66 remained unchanged TRANSEXPR top the gainers’ list with 9.86%, while PRESCO declined by -10% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume of trades for the day.
Stocks whose share prices lost during intra-day trading include: PRESCO(-10.00%), UPL(-8.77%), MAYBAKER(-7.60%), WEMABANK(-6.85%), HONYFLOUR(-6.29%), TRANCORP(-6.15%), MTNN(+2.95%), FIDELITYBANK(-2.94%), WAPCO(-1.60%), STANBIC(-1.45%), AIICO(-1.43%), UBA(-0.63%) JBERGER(0.57%), GTCO(-0.43%), ETI(-0.42%), and ZENITHBANK(-0.21%)
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MARKET STATISTICS
| CAP | N28,989,100,603,441.86 | One Day (ASI CHG) | -0.58% |
| Index | 53,772.14 | One Week (ASI CHG) | +1.63% |
| Volume | 27,564,562,311 | One Month (ASI CHG) | +8.33% |
| Value | N194,356,256,193.84 | Six Months (ASI CHG) | +24.33% |
| Deals | 4,586 | 52 Weeks (ASI CHG) | +40.56% |
| Gainers | 25 | Losers | 17 |
| Unchanged | 66 | Total | 108 |
| YTD Returns | +25.88% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.58 |
| NGX30 | -0.93 |
| NGXBNK | -0.26 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | -0.11 |
| NGXINS | 0.65 |
| NGXLOTUSISLM | -1.25 |
| NGXOILGAS | 0.07 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| TRANSEXPR | 0.71 | 0.71 | 0.78 | 0.07 | 9.86 |
| NPFMCRFBK | 1.64 | 1.64 | 1.80 | 0.16 | 9.76 |
| UACN | 10.50 | 10.50 | 11.50 | 1.00 | 9.52 |
| JAIZBANK | 0.78 | 0.78 | 0.85 | 0.07 | 8.97 |
| LIVESTOCK | 1.50 | 1.50 | 1.60 | 0.10 | 6.67 |
| ROYALEX | 0.98 | 0.98 | 1.04 | 0.06 | 6.12 |
| UCAP | 12.80 | 12.80 | 13.45 | 0.65 | 5.08 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| PRESCO | 180.00 | 180.00 | 162.00 | -18.00 | -10.00 |
| UPL | 2.85 | 2.85 | 2.60 | -0.25 | -8.77 |
| FTNCOCOA | 0.35 | 0.35 | 0.32 | -0.03 | -8.57 |
| MAYBAKER | 4.34 | 4.34 | 4.01 | -0.33 | -7.60 |
| WEMABANK | 3.65 | 3.65 | 3.40 | -0.25 | -6.85 |
| HONYFLOUR | 3.50 | 3.50 | 3.28 | -0.22 | -6.29 |
| TRANSCORP | 1.30 | 1.30 | 1.22 | -0.08 | -6.15 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.22 | 187 | 70,067,271 | 85,101,591.25 |
| ACCESSCORP | 10.00 | 233 | 21,248,852 | 212,351,006.15 |
| JAIZBANK | 0.85 | 58 | 16,266,479 | 13,625,371.37 |
| STERLNBANK | 1.51 | 57 | 10,535,136 | 15,871,906.75 |
| ROYALEX | 1.04 | 76 | 10,178,624 | 9,540,092.51 |
| FBNH | 11.85 | 201 | 7,959,207 | 91,823,194.20 |
| GTCO | 22.90 | 317 | 6,197,958 | 142,277,459.65 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| NESTLE | 1400.00 | 34 | 587,041 | 821,853,333.00 |
| MTNN | 230.00 | 450 | 2,284,447 | 526,465,875.80 |
| ACCESSCORP | 10.00 | 233 | 21,248,852 | 212,351,006.15 |
| GTCO | 22.90 | 317 | 6,197,958 | 142,277,459.65 |
| OKOMUOIL | 215.00 | 74 | 625,803 | 123,106,447.50 |
| ZENITHBANK | 23.85 | 256 | 4,467,478 | 106,861,355.25 |
| FBNH | 11.85 | 201 | 7,959,207 | 91,823,194.20 |
OUTLOOK
The equity market closed bearish, as investors took profit after a bullish run, we expect a slowdown in the equity market as the fixed income rate might become appealing to investors in the near term.
