The Nigeria Equity Market closed transaction for today, Wednesday (25/05/2022) bullish, as the NGX-ASI grew by 1.24% to 52,591.41 from 51,949.64, indicating a YTD return of +23.12%. Similarly, the market capitalization surged by N346.40 billion to N28.35 trillion from N28.01 trillion. The market turnover declined to N4.23billion from N8.87billion The market breadth closed negative at 0.28x, as 11 stocks advanced against 40 stocks, while 57 remained unchanged. The share prices of CHAMS gained 9.52% to top the gainers’ list, while CHAMPIONS declined by -10% to lead the losers’ chart. Also, UACN recorded the highest volume of trades for the day.
Stocks whose share prices loss during intra-day trading include: CHAMS (+9.52%), AIRTELAFRI (+9.39%), FTNCOCOA (+6.06%), VERITASKAP (+4.76%), ROYALEX (+3.64%), CHIPLC (+1.56%), CUSTODIAN (+1.43%), NGXGROUP (+1.32%), UACN (+1.18%), MORISON (+0.92%), and VITAFOAM (+0.22%).
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MARKET STATISTICS
| CAP | N28,352,542,414,602.11 | One Day (ASI CHG) | +1.24% |
| Index | 52,591.41 | One Week (ASI CHG) | -0.25% |
| Volume | 382,455,077 | One Month (ASI CHG) | +8.34% |
| Value | N4,233,964,109.58 | Six Months (ASI CHG) | +22.00% |
| Deals | 5,922 | 52 Weeks (ASI CHG) | +37.47% |
| Gainers | 11 | Losers | 40 |
| Unchanged | 57 | Total | 108 |
| YTD Returns | +23.12% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.24 |
| NGX30 | -0.84 |
| NGXBNK | -2.13 |
| NGXCNSMRGDS | -1.33 |
| NGXINDUSTR | -0.40 |
| NGXINS | -3.70 |
| NGXLOTUSISLM | -0.21 |
| NGXOILGAS | -0.76 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| CHAMS | 0.21 | 0.23 | 0.02 | 9.52 |
| AIRTELAFRI | 1470.00 | 1608.00 | 138.00 | 9.39 |
| FTNCOCOA | 0.33 | 0.35 | 0.02 | 6.06 |
| VERITASKAP | 0.21 | 0.22 | 0.01 | 4.76 |
| ROYALEX | 1.10 | 1.14 | 0.04 | 3.64 |
| CHIPLC | 0.64 | 0.65 | 0.01 | 1.56 |
| CUSTODIAN | 7.00 | 7.10 | 0.10 | 1.43 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| CHAMPION | 3.80 | 3.42 | -0.38 | -10.00 |
| PZ | 12.60 | 11.35 | -1.25 | -9.92 |
| REGALINS | 0.31 | 0.28 | -0.03 | -9.68 |
| NEM | 4.00 | 3.63 | -0.37 | -9.25 |
| FBNH | 11.55 | 10.55 | -1.00 | -8.66 |
| LINKASSURE | 0.60 | 0.55 | -0.05 | -8.33 |
| RTBRISCOE | 0.60 | 0.55 | -0.05 | -8.33 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| UACN | 12.9 | 87 | 48,190,024 | 618,643,034.85 |
| UBA | 7.65 | 226 | 31,852,719 | 250,519,338.05 |
| ACCESSCORP | 9.7 | 308 | 30,691,023 | 300,769,915.50 |
| FBNH | 10.55 | 218 | 30,621,036 | 327,315,466.35 |
| TRANSCORP | 1.2 | 181 | 27,328,794 | 32,351,180.65 |
| STERLNBANK | 1.6 | 122 | 19,405,666 | 30,106,962.35 |
| ZENITHBANK | 23.6 | 444 | 15,340,115 | 363,230,709.20 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1608 | 29 | 402,800 | 647,699,480.30 |
| UACN | 12.9 | 87 | 48,190,024 | 618,643,034.85 |
| ZENITHBANK | 23.6 | 444 | 15,340,115 | 363,230,709.20 |
| FBNH | 10.55 | 218 | 30,621,036 | 327,315,466.35 |
| GTCO | 22.4 | 439 | 13,982,661 | 310,300,948.20 |
| ACCESSCORP | 9.7 | 308 | 30,691,023 | 300,769,915.50 |
| UBA | 7.65 | 226 | 31,852,719 | 250,519,338.05 |
OUTLOOK
The Nigerian equity market closed transaction for today bullish due to increased buying in AIRTELAFRI and other stocks. However, profit-taking dominated the market and we expect this trend to continue.
