MTNN and Others Lift NGX-ASI by 1.05%

Trading activities on the equity market for today Thursday (19/05/2022) closed positive, as the NGX-ASI increased by 1.05% to 53,275.49 from 52,721.62, indicating a YTD return of +23.72%. Similarly, the market capitalization grew by N298.75 billion to N28.72 trillion from  N28.42 trillion. The market turnover increased to N8.45 billion from N7.42 billion. The market breadth closed negative at 0.69x, as 20 stocks advanced against 29 stocks, while 65 remained unchanged. The share prices of TRANSCORP gained 9.89% to top the gainers’ list, while CONOIL declined by -10.00% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume of trades for the day. 

Stocks whose share prices loss during intra-day trading include: TRANSCORP (+9.89%), BETAGLAS (+9.74%), VERITASKAP (+9.52%), GLAXOSMITH (+6.87%), MTNN (+5.68%), STANBIC (+4.55%), MEYER (+3.33%), ACCESSCORP (+2.06%), NEM (+1.78%), WAPCO (+1.59%), STERLNBANK (+0.65%), UBA (+0.63%), LIVESTOCK (+0.62%), FBNH (+0.42%), PZ(+0.37%), and MAYBAKER (+0.23%).

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MARKET STATISTICS

CAP N28,721,337,320,511.30 One Day (ASI CHG) +1.05%
Index 53,275.49 One Week (ASI CHG) +0.68%
Volume 274,556,626 One Month (ASI CHG) +12.05%
Value N8,446,985,457.19 Six Months (ASI CHG) +23.32%
Deals 5,184 52 Weeks (ASI CHG) +38.58%
Gainers 20 Losers 29
Unchanged 65 Total 115
  YTD Returns +24.72%  

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI 1.05
NGX30 1.13
NGXBNK -0.76
NGXCNSMRGDS -0.23
NGXINDUSTR 0.14
NGXINS -1.33
NGXLOTUSISLM 1.87
NGXOILGAS -0.79

Top 7 Gainers

Security Previous Close Close Price Change Price % Change
TRANSCOHOT 5.36 5.89 0.53 9.89
BETAGLAS 57.00 62.55 5.55 9.74
VERITASKAP 0.21 0.23 0.02 9.52
MULTIVERSE 0.22 0.24 0.02 9.09
ABBEYBDS 1.40 1.52 0.12 8.57
GLAXOSMITH 6.55 7.00 0.45 6.87
MTNN 255.50 270.00 14.50 5.68

Top 7 Losers

Security Previous Close Close Price Change Price % Change
CONOIL 31.50 28.35 -3.15 -10.00
ETERNA 7.30 6.60 -0.70 -9.59
PRESTIGE 0.44 0.40 -0.04 -9.09
CHAMS 0.24 0.22 -0.02 -8.33
ROYALEX 1.36 1.26 -0.10 -7.35
NPFMCRFBK 2.00 1.86 -0.14 -7.00
TRANSCORP 1.33 1.24 -0.09 -6.77

Top 7 Traders By Volume

Security Close Price Trades  Daily Volume   Daily Value 
TRANSCORP 1.24 250          48,381,202          61,433,118.18
MTNN 270 432          20,601,952    5,494,941,075.80
CONOIL 28.35 72          14,343,947        409,104,093.15
GTCO 23.9 240          13,729,757        328,084,274.55
FBNH 12 214          13,536,021        162,456,410.40
UBA 7.95 188          12,284,716          97,414,165.60
ACCESSCORP 9.9 186          11,916,606        116,512,726.90

Top 7 Traders By Value

Security Close Price Trades  Daily Volume   Daily Value 
MTNN 270 432          20,601,952    5,494,941,075.80
SEPLAT 1299.9 96                336,592        420,718,853.50
CONOIL 28.35 72          14,343,947        409,104,093.15
GTCO 23.9 240          13,729,757        328,084,274.55
NESTLE 1401.4 52                135,260        189,491,486.80
FBNH 12 214          13,536,021        162,456,410.40
ACCESSCORP 9.9 186          11,916,606        116,512,726.90

 

 

OUTLOOK

The equity market closed trading activities for today bullish, as investors’ increased buying appetite for MTNN and 19 others lifted the market by 1.05% following three days of successive losses. However, we expect profit-taking from recently appreciated stocks to continue during the week.

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