The Nigeria Equity Market closed for today, Monday (06/06/2022) positive, as the NGX-ASI increased by 0.34% to 52,908.24 from 52,840.21, indicating a YTD return of +24.28%. Similarly, the market capitalization increased by N96.30 billion to N28.62 trillion from N28.52 trillion. The market turnover increased to N8.90 billion from N3.37 billion. The market breadth was positive at 1.46x, as 19 stocks advanced and 13 stocks declined, while 80 remained unchanged. CONOIL tops the gainers’ list with 9.97%, while JAPAULGOLD dropped by -6.25% to lead the losers’ chart. Also, FBNH recorded the highest volume of trades for the day.
Stocks whose share prices gained during intra-day trading include: CONOIL (+9.97%), PHARMDEKO (+9.38%), FTNCOCOA (+5.88%), ETERNA (+3.90%), NGXGROUP (+3.13%), JBERGER (+2.67%), UBN (+2.40%), FBNH (+2.27%), MTNN (+1.96%), OANDO (+1.69%), WEMABANK (+1.56%), MANSARD (+1.47%), LIVESTOCK (+1.25%), WAPCO (+0.74%), and UBA (+0.65%).
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MARKET STATISTICS
| CAP | N28,619,660,327,100.60 | One Day (ASI CHG) | +0.34% |
| Index | 53,086.86 | One Week (ASI CHG) | -1.27% |
| Volume | 755,623,987.00 | One Month (ASI CHG) | +4.22% |
| Value | N8,902,426,878.08 | Six Months (ASI CHG) | +26.37% |
| Deals | 4,297 | 52 Weeks (ASI CHG) | +37.08% |
| Gainers | 19 | Losers | 13 |
| Unchanged | 80 | Total | 112 |
| YTD Returns | +24.28% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.34 |
| NGX30 | 0.39 |
| NGXBNK | -0.42 |
| NGXCNSMRGDS | -0.12 |
| NGXINDUSTR | 0.05 |
| NGXINS | -0.44 |
| NGXLOTUSISLM | 0.61 |
| NGXOILGAS | 0.68 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change\ |
| CONOIL | 29.10 | 29.10 | 32.00 | 2.90 | 9.97 |
| PHARMDEKO | 1.60 | 1.60 | 1.75 | 0.15 | 9.38 |
| LEARNAFRCA | 2.18 | 2.18 | 2.37 | 0.19 | 8.72 |
| FTNCOCOA | 0.34 | 0.34 | 0.36 | 0.02 | 5.88 |
| CHAMS | 0.24 | 0.24 | 0.25 | 0.01 | 4.17 |
| ETERNA | 7.70 | 7.70 | 8.00 | 0.30 | 3.90 |
| FIDELITYBK | 3.30 | 3.30 | 3.42 | 0.12 | 3.64 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| JAPAULGOLD | 0.32 | 0.32 | 0.30 | -0.02 | -6.25 |
| ABCTRANS | 0.33 | 0.33 | 0.31 | -0.02 | -6.06 |
| UNILEVER | 14.95 | 14.95 | 14.50 | -0.45 | -3.01 |
| AIICO | 0.68 | 0.68 | 0.66 | -0.02 | -2.94 |
| JAIZBANK | 0.90 | 0.90 | 0.88 | -0.02 | -2.22 |
| CHIPLC | 0.68 | 0.68 | 0.67 | -0.01 | -1.47 |
| ETI | 11.85 | 11.85 | 11.70 | -0.15 | -1.27 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FBNH | 11.25 | 163 | 610,413,970 | 6,775,815,728.15 |
| FLOURMILL | 35 | 121 | 22,965,937 | 803,914,995.25 |
| WAPIC | 0.42 | 52 | 21,604,433 | 8,793,993.61 |
| TRANSCORP | 1.26 | 93 | 11,566,764 | 14,563,947.76 |
| ZENITHBANK | 23.35 | 300 | 8,917,078 | 208,878,867.65 |
| ROYALEX | 0.98 | 41 | 7,188,424 | 6,636,908.92 |
| CHAMS | 0.25 | 32 | 7,091,253 | 1,723,504.21 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FBNH | 11.25 | 163 | 610,413,970 | 6,775,815,728.15 |
| FLOURMILL | 35 | 121 | 22,965,937 | 803,914,995.25 |
| ZENITHBANK | 23.35 | 300 | 8,917,078 | 208,878,867.65 |
| NESTLE | 1400 | 34 | 119,742 | 167,694,749.10 |
| DANGCEM | 277 | 96 | 561,069 | 145,786,724.00 |
| GTCO | 22.5 | 335 | 6,342,087 | 142,722,668.10 |
| NGXGROUP | 24.75 | 73 | 3,375,842 | 81,545,349.20 |
OUTLOOK
Transaction on the equity market for today closed positive, as investors’ increased bullish sentiment in MTNN, FBNH and 17 Others, lifted the market by 0.34%. We expect fixed income rates to continue to be appealing to investors in the near term.
