Trading activities on the equity market for today Wednesday (04/05/2022) closed positive, as the NGX-ASI increased by 0.98% to 50126.41 from 49,638.94, indicating a YTD return of +17.35%. Similarly, the market capitalization grew by N262.80 billion to N27,023 from N26.76 trillion. The market turnover rose to N5,98bn from N30,23bn. The market breadth closed positive at 1.15x, as 31stocks advanced against 27 stocks that declined, while 52 stocks remained unchanged. The share prices of OKOMUOIL and WEMABANK gained 10% to top the gainers’ list, while OANDO declined by -10% to lead the losers’ chart. Also, UBN recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: OKOMUOIL(+10.00%), WEMABANK(+10.00%) NB(+9.98%), PRESCO(+9.97%), ETERNA+9.97%), FIDSON(+9.94%), CHAMPION(+9.92%), INTBREW(+9.80%), CADBURY(+9.76%), CHAMS(+9.52%), UPL(+9.39%), NAHCO(+9.24%), CWG(+9.09%), ACADEMY(+8.84%), BUACEMENT(+8.16%), NPFMCRFBK(+8.16%), GUINNESS(+7.53%), ABCTRANS(+6.45%), FTNCOCOA(+5.41%), NIGERINS(+5.00%), UNITYBNK(+4.00%), MBENEFIT(+4.00%), VITAFOAM(+3.09%), and UNILEVER(+2.94%).
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MARKET STATISTICS
| CAP | N27,023,659,210,905.37 | One Day (ASI CHG) | +0.98% |
| Index | 50126.41 | One Week (ASI CHG) | +3.20% |
| Volume | 669,299,199.00 | One Month (ASI CHG) | +7.36% |
| Value | N5,988,968,118.37 | Six Months (ASI CHG) | +19.51% |
| Deals | 7251.00 | 52 Weeks (ASI CHG) | +25.94% |
| Gainers | 31 | Losers | 27 |
| Unchanged | 52 | Total | 115 |
| YTD Returns | +17.35% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.98 |
| NGX30 | 1.46 |
| NGXBNK | -0.98 |
| NGXCNSMRGDS | 3.3 |
| NGXINDUSTR | 2.97 |
| NGXINS | -3.77 |
| NGXLOTUSISLM | 1.55 |
| NGXOILGAS | -1.37 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| OKOMUOIL | 147 | 161.7 | 14.7 | 10.00 |
| WEMABANK | 3.5 | 3.85 | 0.35 | 10.00 |
| NB | 57.1 | 62.8 | 5.7 | 9.98 |
| PRESCO | 143.4 | 157.7 | 14.3 | 9.97 |
| ETERNA | 6.02 | 6.62 | 0.6 | 9.97 |
| FIDSON | 8.15 | 8.96 | 0.81 | 9.94 |
| CHAMPION | 2.52 | 2.77 | 0.25 | 9.92 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| OANDO | 6.30 | 5.67 | -0.63 | -10.00 |
| TRANSEXPR | 0.81 | 0.73 | -0.08 | -9.88 |
| MANSARD | 2.44 | 2.25 | -0.19 | -7.79 |
| IKEJAHOTEL | 1.40 | 1.30 | -0.10 | -7.14 |
| CUTIX | 2.44 | 2.29 | -0.15 | -6.15 |
| FCMB | 3.88 | 3.65 | -0.23 | -5.93 |
| LIVESTOCK | 1.74 | 1.65 | -0.09 | -5.17 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UBN | 6.30 | 37.00 | 263,647,006.00 | 1,660,986,047.30 |
| TRANSCORP | 1.16 | 307.00 | 74,057,522.00 | 86,724,224.37 |
| AIICO | 0.75 | 129.00 | 31,031,383.00 | 24,721,361.97 |
| CHAMS | 0.23 | 44.00 | 28,926,454.00 | 6,653,084.42 |
| ACCESSCORP | 9.60 | 377.00 | 23,804,983.00 | 229,513,215.00 |
| REGALINS | 0.31 | 30.00 | 18,809,106.00 | 5,607,528.92 |
| ZENITHBANK | 24.15 | 462.00 | 15,848,244.00 | 385,840,441.45 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UBN | 6.3 | 37 | 263,647,006.00 | 1,660,986,047.30 |
| PRESCO | 157.7 | 154 | 3,305,875.00 | 511,895,831.05 |
| ZENITHBANK | 24.15 | 462 | 15,848,244.00 | 385,840,441.45 |
| DANGCEM | 292.4 | 154 | 1,092,937.00 | 321,554,227.10 |
| NB | 62.8 | 232 | 3,983,716.00 | 237,739,172.00 |
| NGXGROUP | 23.85 | 111 | 9,687,712.00 | 232,181,456.65 |
| GTCO | 23.95 | 403 | 9,673,861.00 | 232,040,253.10 |
OUTLOOK
Equity Market picked up from where it ended last week today, as transactions on the market closed in the green. The bullish trend was a result of investors’ increased buying interest in both medium and large stocks, as the market capitalization hits an all-time high of 27 trillion. We expect continuity of this trend as the release of companies’ Q1 financial statements continues.
