The Nigeria Equity Market closed for today, Friday (24/06/2022) positive, as the NGX-ASI increased by 0.17% to 51,705.61 from 51,618.73, indicating a YTD return of +24.01%. Similarly, the market capitalization grew by N46.83 billion to N27.87 trillion from N27.83 trillion. The market turnover decreased to N1.83 billion from N2.86 billion. The market breadth was negative at 0.67x, as 12 stocks advanced and 18 stocks declined, while 79 remained unchanged. CHAMPION topped the gainers’ list with 10%, while LIVESTOCK dropped by -9.09% to lead the losers’ chart. Also, OANDO recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: CHAMPION (+10.00%), JOHNHOLT(+8.62%), MAYBAKER(+8.47%), INTBREW(+5.26%), FBNH(+4.46%), BUAFOODS(+3.97%), UCAP(+3.67%), JAPAULGOLD(+3.45%), HONYFLOUR(+1.00%), STERLNBANK(+0.66%), MTNN(+0.26%), and ZENITHBANK(+0.23%).
A total turnover of 1.12 billion shares worth N13.7 billion in 22,349 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 940.892 million shares valued at N11.494 billion that exchanged hands last week in 20,077 deals.

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MARKET STATISTICS
| CAP | N27,874,993,759,921.56 | One Day (ASI CHG) | +0.17% |
| Index | 51,705.61 | One Week (ASI CHG) | -0.14% |
| Volume | 156,088,015.00 | One Week (ASI CHG) | -0.47% |
| Value | N1,834,722,764.80 | Six Months (ASI CHG) | +22.34% |
| Deals | 4,312.00 | 52 Weeks (ASI CHG) | +36.23% |
| Gainers | 12 | Losers | 18 |
| Unchanged | 79 | Total | 109 |
| YTD Returns | +21.04% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.17 |
| NGX30 | 0.04 |
| NGXBNK | 0.06 |
| NGXCNSMRGDS | -0.56 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.71 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | -0.46 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| CHAMPION | 3.40 | 3.74 | 0.34 | 10.00 |
| JOHNHOLT | 0.58 | 0.63 | 0.05 | 8.62 |
| MAYBAKER | 3.66 | 3.97 | 0.31 | 8.47 |
| INTBREW | 5.70 | 6.00 | 0.30 | 5.26 |
| FBNH | 10.10 | 10.55 | 0.45 | 4.46 |
| BUAFOODS | 52.90 | 55.00 | 2.10 | 3.97 |
| UCAP | 12.25 | 12.70 | 0.45 | 3.67 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| LIVESTOCK | 1.54 | 1.40 | -0.14 | -9.09 |
| REDSTAREX | 3.01 | 2.75 | -0.26 | -8.64 |
| UNITYBNK | 0.49 | 0.45 | -0.04 | -8.16 |
| COURTVILLE | 0.50 | 0.47 | -0.03 | -6.00 |
| FCMB | 3.50 | 3.30 | -0.20 | -5.71 |
| VERITASKAP | 0.21 | 0.20 | -0.01 | -4.76 |
| NB | 62.50 | 60.00 | -2.50 | -4.00 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| OANDO | 5.70 | 292 | 19,322,396 | 110,325,417 |
| LINKASSURE | 0.53 | 19 | 11,973,321 | 6,345,684 |
| TRANSCORP | 1.25 | 88 | 9,113,987 | 11,394,702 |
| ACCESSCORP | 9.50 | 159 | 8,978,845 | 85,326,350 |
| UBA | 7.45 | 162 | 8,892,614 | 66,686,264 |
| ZENITHBANK | 21.65 | 432 | 8,242,565 | 178,789,183 |
| GTCO | 20.90 | 464 | 7,042,524 | 147,215,068 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 230.10 | 189 | 1,040,314 | 239,089,954 |
| SEPLAT | 1290.00 | 26 | 151,150 | 194,991,917 |
| ZENITHBANK | 21.65 | 432 | 8,242,565 | 178,789,183 |
| GTCO | 20.90 | 464 | 7,042,524 | 147,215,068 |
| NB | 60.00 | 43 | 2,373,717 | 142,367,643 |
| OANDO | 5.70 | 292 | 19,322,396 | 110,325,417 |
| PRESCO | 165.00 | 79 | 639,527 | 103,107,357 |
OUTLOOK
Stock market rounds up the week bullish, as investors’ bargain hunting persists. This trend is expected to continue in the coming week.

