The Nigeria Equity Market closed for today, Monday (04/07/2022) bearish, as the NGX-ASI decreased by 0.07% to 51,791.45 from 51,829.67 , indicating a YTD return of +21.24%. Similarly, the market capitalization declined by N20.61 billion to N27.92 trillion from N27.94 trillion. The market turnover increased to N2.82 billion from N1.70 billion. The market breadth was negative at 0.94x, as 17 stocks advanced and 18 stocks declined, while 64 remained unchanged. FIDSON topped the gainers’ list with +9.82%, while CONOIL dropped by -9.90% 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: CONOIL (-9.90%), REDSTAREX (-9.09%), CUTIX (-7.69%), NB (-5.02%), JAPAULGOLD (-3.45%), AIICO (-3.03%), FTNCOCOA (-3.03%), JAIZBANK (-2.48%), FIDELITYBK (-1.82%), WAPCO (-1.51%), STERLNBANK (-1.30%), ACCESSCORP (-1.06%), MANSARD (-1.00%), FBNH (-0.43%) and UCAP (-0.39%).

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MARKET STATISTICS
| CAP | N27,921,310,682,609.25 | One Day (ASI CHG) | -0.07% |
| Index | 51,791.45 | One Week (ASI CHG) | -0.33% |
| Volume | 194,121,466 | One Month (ASI CHG) | -2.16% |
| Value | N2,822,478,170.61 | Six Months (ASI CHG) | +20.37% |
| Deals | 4,899 | 52 Weeks (ASI CHG) | +35.54% |
| Gainers | 17 | Losers | 18 |
| Unchanged | 64 | Total | 99 |
| YTD Returns | +21.24% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.07 |
| NGX30 | -0.13 |
| NGXBNK | 0.17 |
| NGXCNSMRGDS | -0.94 |
| NGXINDUSTR | -0.12 |
| NGXINS | 0.14 |
| NGXLOTUSISLM | -0.02 |
| NGXOILGAS | -0.35 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| FIDSON | 11.20 | 11.20 | 12.30 | 1.10 | 9.82 |
| LEARNAFRCA | 2.25 | 2.25 | 2.47 | 0.22 | 9.78 |
| UPDC | 1.03 | 1.03 | 1.13 | 0.10 | 9.71 |
| PRESTIGE | 0.36 | 0.36 | 0.39 | 0.03 | 8.33 |
| REGALINS | 0.26 | 0.26 | 0.28 | 0.02 | 7.69 |
| CHIPLC | 0.71 | 0.71 | 0.75 | 0.04 | 5.63 |
| VERITASKAP | 0.20 | 0.20 | 0.21 | 0.01 | 5.00 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| CONOIL | 28.80 | 28.80 | 25.95 | -2.85 | -9.90 |
| REDSTAREX | 2.75 | 2.75 | 2.50 | -0.25 | -9.09 |
| RTBRISCOE | 0.44 | 0.44 | 0.40 | -0.04 | -9.09 |
| CUTIX | 2.47 | 2.47 | 2.28 | -0.19 | -7.69 |
| UNITYBNK | 0.45 | 0.45 | 0.42 | -0.03 | -6.67 |
| NB | 58.80 | 58.80 | 55.85 | -2.95 | -5.02 |
| JAPAULGOLD | 0.29 | 0.29 | 0.28 | -0.01 | -3.45 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.24 | 81 | 25,074,269 | 31,769,883.94 |
| GTCO | 20.45 | 565 | 20,176,295 | 413,019,759.30 |
| UBA | 7.45 | 238 | 17,593,981 | 131,220,783.60 |
| AIICO | 0.64 | 66 | 13,607,972 | 8,323,113.84 |
| FBNH | 11.55 | 188 | 11,634,161 | 131,920,631.90 |
| WEMABANK | 3.3 | 93 | 9,341,142 | 30,615,371.09 |
| ZENITHBANK | 22.1 | 323 | 8,582,952 | 189,297,316.25 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 230.3 | 339 | 3,470,686 | 799,895,255.70 |
| GTCO | 20.45 | 565 | 20,176,295 | 413,019,759.30 |
| AIRTELAFRI | 1732.2 | 17 | 201,634 | 349,273,332.30 |
| ZENITHBANK | 22.1 | 323 | 8,582,952 | 189,297,316.25 |
| FBNH | 11.55 | 188 | 11,634,161 | 131,920,631.90 |
| UBA | 7.45 | 238 | 17,593,981 | 131,220,783.60 |
| DANGSUGAR | 16 | 89 | 8,124,071 | 129,993,547.35 |
OUTLOOK
Equity market closed transaction for today negative, as bargain hunting resumes. We expect cautious trading to continue in the week.

