Profit-taking Halts Bullish Trend at Five, as NGX-ASI Recedes by 0.31%

The Nigeria Equity Market closed for today, Tuesday (28/06/2022) negative, as the NGX-ASI declined by 0.31% to 51,803.98 from 51,938.88, indicating a YTD return of +21.27%. Similarly, the market capitalization decreased by N85.64 billion to N27.93 trillion from N28.01 trillion. The market turnover rose to N12.85 billion from N2.52 billion. The market breadth was negative at 0.53x, as 10 stocks advanced and 19 stocks declined, while 74 remained unchanged. SOVRENINS topped the gainers’ list with +8.00%, while UPL dropped by -9.72% to lead the losers’ chart. Also, MTNN recorded the highest volume of trades for the day. 

Stocks whose share prices lost during intra-day trading include: UPL (-9.72%), NGXGROUP (-6.71%), LIVESTOCK (-3.57%),  FIDELITYBK (-3.53%), OANDO (-3.39%), PZ (-2.22%), MTNN (-2.04%), IKEJAHOTEL (-1.79%), ACCESSCORP (-1.60%), UCAP (-0.78%), GTCO (-0.72%), and  WAPCO (-0.37%).

Click here for more on the price list

MARKET STATISTICS

CAP N27,928,026,302,901.34 One Day (ASI CHG) -0.31%
Index 51,803.98 One Week (ASI CHG) +1.39%
Volume 314,611,778 One Month (ASI CHG) -4.22%
Value N12,845,659,226.42 Six Months (ASI CHG) +22.58%
Deals 4,708 52 Weeks (ASI CHG) +37.83%
Gainers 10 Losers 19
Unchanged 74 Total 103
  YTD Returns +21.27%  

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI -0.31
NGX30 -0.29
NGXBNK -0.02
NGXCNSMRGDS 0.29
NGXINDUSTR -0.03
NGXINS -0.06
NGXLOTUSISLM -0.55
NGXOILGAS -0.47

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
SOVRENINS 0.25 0.25 0.27 0.02 8.00
CHAMS 0.24 0.24 0.25 0.01 4.17
REGALINS 0.26 0.26 0.27 0.01 3.85
ETI 10.65 10.65 11.00 0.35 3.29
OKOMUOIL 210.00 210.00 216.90 6.90 3.29
FBNH 10.90 10.90 11.20 0.30 2.75
NB 57.95 57.95 59.00 1.05 1.81

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
UPL 2.88 2.88 2.60 -0.28 -9.72
NGXGROUP 24.60 24.60 22.95 -1.65 -6.71
CAVERTON 1.05 1.05 1.00 -0.05 -4.76
LIVESTOCK 1.40 1.40 1.35 -0.05 -3.57
FIDELITYBK 3.40 3.40 3.28 -0.12 -3.53
OANDO 5.90 5.90 5.70 -0.20 -3.39
ROYALEX 0.99 0.99 0.96 -0.03 -3.03

Top 7 Traders By Volume

Security Close Price Trades  Daily Volume   Daily Value 
MTNN 230.2 275          42,902,336    9,868,121,351.80
FBNH 11.2 265          19,834,499        219,076,700.75
UBA 7.5 194          16,120,276        119,985,948.35
ZENITHBANK 21.65 441          16,088,472        348,845,758.55
GTCO 20.7 507          14,110,127        292,322,868.15
WAPIC 0.4 24             7,969,501            3,188,724.48
ACCESSCORP 9.25 245             7,600,942          70,528,838.10

Top 7 Traders By Value

Security Close Price Trades  Daily Volume   Daily Value 
MTNN 230.2 275          42,902,336    9,868,121,351.80
NESTLE 1400 26                596,183        834,653,348.30
SEPLAT 1290 37                316,292        411,189,542.40
ZENITHBANK 21.65 441          16,088,472        348,845,758.55
GTCO 20.7 507          14,110,127        292,322,868.15
FBNH 11.2 265          19,834,499        219,076,700.75
UBA 7.5 194          16,120,276        119,985,948.35

 

 

OUTLOOK

Equity market closed trading activities for today bearish, as profit-taking was seen across the major market sector, excluding the Consumer goods sector, which grew by 0.29 per cent. However, we expect bargain hunting to persist throughout week.

WhatsApp
Facebook
LinkedIn
X