The Nigeria Equity Market closed for today, Monday (01/08/2022) bullish, as the NGX declined by 0.83% to 49,950.32 from 50,370.25 indicating a YTD return of +16.93%. Similarly, the market capitalization decreased by N226.45 billion to N26.94 trillion from N27.16 trillion. The market turnover decreased to N2.27 billion from N2.81 billion. The market breadth was positive at 1.54x, as 20 stocks advanced and 13 stocks declined, while 73 remained unchanged. CAVERTON and COURTVILLE topped the gainers’ list with +10.00%, while BUACEMENT dropped by -9.96% to lead the losers’ chart. Also, GTCO recorded the highest volume of trade and ZENITHBANK recorded the highest value of trade for the day.
Stocks whose share prices gained during intra-day trading include: BUACEMENT (-9.96%), NEIMETH (-9.68%), INTBREW (-6.54%), MAYBAKER (-6.42%), UACN (-6.25%), NPFMCRFBK (-5.71%), LINKASSURE (-5.56%), SOVRENINS (-3.85%), STERLNBANK (-3.23%), FIDELITYBK (-1.89%), ACCESSCORP (-1.11%), CWG (-1.10%), and FBNH (-0.45%), 
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MARKET STATISTICS
| CAP | N26,936,188,556,236.55 | One Day (ASI CHG) | -0.83% |
| Index | 49,950.32 | One Week (ASI CHG) | -2.82% |
| Volume | 176,053,708 | One Month (ASI CHG) | -3.63% |
| Value | N2,271,327,374.35 | Six Months (ASI CHG) | +6.03% |
| Deals | 4,965 | 52 Weeks (ASI CHG) | +29.58% |
| Gainers | 20 | Losers | 13 |
| Unchanged | 73 | Total | 106 |
| YTD Returns | +16.93% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.83 |
| NGX30 | -0.87 |
| NGXBNK | 0.19 |
| NGXCNSMRGDS | -0.13 |
| NGXINDUSTR | -4.18 |
| NGXINS | 0.12 |
| NGXLOTUSISLM | -1.28 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| CAVERTON | 1.00 | 1.00 | 1.10 | 0.10 | 10.00 |
| COURTVILLE | 0.40 | 0.40 | 0.44 | 0.04 | 10.00 |
| CHAMPION | 3.65 | 3.65 | 4.00 | 0.35 | 9.59 |
| UNITYBNK | 0.43 | 0.43 | 0.47 | 0.04 | 9.30 |
| LIVESTOCK | 1.15 | 1.15 | 1.25 | 0.10 | 8.70 |
| JAPAULGOLD | 0.23 | 0.23 | 0.25 | 0.02 | 8.70 |
| REGALINS | 0.24 | 0.24 | 0.26 | 0.02 | 8.33 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| BUACEMENT | 69.30 | 69.30 | 62.40 | -6.90 | -9.96 |
| NEIMETH | 1.55 | 1.55 | 1.40 | -0.15 | -9.68 |
| INTBREW | 5.35 | 5.35 | 5.00 | -0.35 | -6.54 |
| MAYBAKER | 3.58 | 3.58 | 3.35 | -0.23 | -6.42 |
| UACN | 11.20 | 11.20 | 10.50 | -0.70 | -6.25 |
| NPFMCRFBK | 1.75 | 1.75 | 1.65 | -0.10 | -5.71 |
| LINKASSURE | 0.54 | 0.54 | 0.51 | -0.03 | -5.56 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| GTCO | 20 | 487 | 21,371,040 | 426,794,706.30 |
| ZENITHBANK | 21 | 475 | 20,445,680 | 429,282,785.05 |
| ACCESSCORP | 8.9 | 176 | 16,784,565 | 149,668,133.60 |
| FBNH | 10.95 | 180 | 14,313,464 | 153,132,806.80 |
| UBA | 7.2 | 162 | 14,263,232 | 100,531,057.85 |
| TRANSCORP | 1.17 | 119 | 6,986,052 | 8,067,890.48 |
| AIICO | 0.57 | 57 | 5,064,930 | 2,915,800.15 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| ZENITHBANK | 21 | 475 | 20,445,680 | 429,282,785.05 |
| GTCO | 20 | 487 | 21,371,040 | 426,794,706.30 |
| MTNN | 200.1 | 457 | 1,229,647 | 260,552,424.90 |
| FBNH | 10.95 | 180 | 14,313,464 | 153,132,806.80 |
| ACCESSCORP | 8.9 | 176 | 16,784,565 | 149,668,133.60 |
| UBA | 7.2 | 162 | 14,263,232 | 100,531,057.85 |
| NB | 47.7 | 92 | 1,879,406 | 84,904,889.85 |
OUTLOOK
Equity market closed trading activities for today bearish due to sell-off in blue-chip stocks such as BUACEMENT, UACN, and others. However, we expect slight recovery this week as investors continue to react to companies Q2 performance release.
