Equity Market Maintains Positive Sentiment as Market Capitalization Nears N26 Trillion

Trading activities on the equity market for today Thursday (21/04/2022), closed positive, as the NGX-ASI rose by 0.18% to 48,223.86 from 48,138.71, indicating a YTD return of +12.89%. Similarly, the market capitalization gained N50 billion to close at N26 trillion from N25.95 trillion. The market turnover dropped to N3.15bn from N3.70bn. The market breadth closed positive at 3.22x, as 29 stocks advanced against 9 stocks that declined, while 75 stocks remained unchanged. The share prices of ETERNA and BERGER gained 10% to top the gainers’ list, while SCOA declined by -9.77% to lead the losers’ chart. Also, CUSTODIAN recorded the highest volume of trades for the day. 

Stocks whose share prices gained during intra-day trading include: ETERNA (+10.00%), BERGER (+10.00%), OANDO (+9.90%), MEYER (+9.84%), SKYAVN (+9.83%), FCMB (+9.76%), FTNCOCOA (+9.68%), CORNERST (+8.93%), PZ (+7.45%), CUTIX (+3.98%), CHAMPION (+3.88%), ARDOVA (+3.46%), AFRIPRUD (+2.52%), WEMABANK (+2.24%), NAHCO (+1.78%), GTCO (+1.69%), REDSTAREX (+1.67%), HONYFLOUR (+1.58%), CUSTODIAN (+1.54%), ZENITHBANK (+1.25%),  WAPCO (+0.87%),  and NB (+0.31%).

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MARKET STATISTICS

CAP N25,997,978,060,183.89 One Day (ASI CHG) +0.18%
Index 48,223.86 One Week (ASI CHG) +1.40%
Volume 244,694,160 One Month (ASI CHG) +2.06%
Value N3,151,308,075.82 Six Months (ASI CHG) +15.63%
Deals 4,859 52 Weeks (ASI CHG) +23.25%
Gainers 29 Losers 9
Unchanged 75 Total 114
  YTD Returns +12.89%  

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI 0.18
NGX30 0.20
NGXBNK 0.51
NGXCNSMRGDS 0.19
NGXINDUSTR 0.06
NGXINS 0.44
NGXLOTUSISLM 0.01
NGXOILGAS 1.61

Top 7 Gainers

Security Previous Close Close Price Change Price % Change
BERGER 7.00 7.70 0.70 10.00
ETERNA 5.50 6.05 0.55 10.00
OANDO 4.85 5.33 0.48 9.90
MEYER 1.93 2.12 0.19 9.84
SKYAVN 5.80 6.37 0.57 9.83
FCMB 3.28 3.60 0.32 9.76
FTNCOCOA 0.31 0.34 0.03 9.68

Top 7 Losers

Security Previous Close Close Price Change Price % Change
SCOA 2.15 1.94 -0.21 -9.77
ABCTRANS 0.31 0.29 -0.02 -6.45
NEIMETH 1.41 1.36 -0.05 -3.55
MAYBAKER 4.40 4.27 -0.13 -2.95
AIICO 0.69 0.68 -0.01 -1.45
TRANSCORP 1.01 1.00 -0.01 -0.99
ETI 12.00 11.95 -0.05 -0.42

Top 7 Traders By Volume

Security Close Price Trades  Daily Volume   Daily Value 
CUSTODIAN 6.6 8          38,704,481    255,451,612.55
OANDO 5.33 266          19,487,567    101,332,074.63
FIDELITYBK 3.87 226          17,290,659      66,860,511.34
NB 48.15 165          15,264,383    733,006,267.55
TRANSCORP 1 75          13,888,404      14,018,959.72
ZENITHBANK 24.3 295          10,823,356    261,002,784.65
MANSARD 2.59 61             9,224,727      23,852,460.38

Top 7 Traders By Value

Security Close Price Trades  Daily Volume   Daily Value 
NB 48.15 165          15,264,383    733,006,267.55
MTNN 213 246             1,881,797    399,656,082.90
ZENITHBANK 24.3 295          10,823,356    261,002,784.65
CUSTODIAN 6.6 8          38,704,481    255,451,612.55
GTCO 24.1 292             6,902,815    165,777,693.95
NGXGROUP 24 66             4,725,463    113,340,567.45
OANDO 5.33 266          19,487,567    101,332,074.63

 

OUTLOOK

The equity market maintained its bullish trend with the Oil & Gas sector dominating activities, recording a +1.61% gain. We expect this positive trend to persist in the coming trading days.

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