Transactions on the Nigerian equity market for today, Friday (01/04/2022) closed negative, reversing the previous day’s gain. The NGX-ASI declined by 0.26% to 46,842.86 from 46965.48, indicating a YTD return of +9.66%. Similarly, the market capitalization also decreased to N25.25 trillion from N25.31trillion. The market turnover dropped to N2.86bn from N3.66 bn. The market breadth closed negative at 0.32x, as 12 stocks advanced against 37 stocks that declined, while 56 stocks remained unchanged. The share prices of NAHCO gained 10.00% to top the gainers’ list, while REDSTAREX declined by -10.00% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: REDSTAREX (-10.00%), TOTAL(-9.97%), CONOIL(-9.92%), CUTIX(-9.69%), SCOA(-9.66%), BERGER(-9.56%), LIVESTOCK(-9.55%), OKOMUOIL(-7.70%), ETERNA(-8.78%), CADBURY(-4.76%), AIICO(-4.48%), GTCO(-4.02%), FCMB(-2.94%), ARDOVA(-2.92%), OANDO(-2.49%), TRANSCORP(-2.00%), FBNH(-1.61%), DANGSUGAR(-1.25%), WEMABANK(-1.10%), ACCESSCORP(-0.51%) , WAPCO(-0.42%), and GUINNESS(-0.28%).
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MARKET STATISTICS
| CAP | N25,253,466,213,116.64 | One Day (ASI CHG) | -0.26% |
| Index | 46,842.86 | One Week (ASI CHG) | -0.26% |
| Volume | 257,327,180.00 | One Month (ASI CHG) | -1.35% |
| Value | N2,863,477,787.06 | Six Months (ASI CHG) | +16.46% |
| Deals | 4,586.00 | 52 Weeks (ASI CHG) | +20.37% |
| Gainers | 12 | Losers | 37 |
| Unchanged | 56 | Total | 105 |
| YTD Returns | +9.66% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.26 |
| NGX30 | -0.39 |
| NGXBNK | 0.02 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | -0.07 |
| NGXINS | -0.61 |
| NGXLOTUSISLM | -0.18 |
| NGXOILGAS | -3.07 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| NAHCO | 3.90 | 4.29 | 0.39 | 10.00 |
| MULTIVERSE | 0.21 | 0.23 | 0.02 | 9.52 |
| MEYER | 0.66 | 0.72 | 0.06 | 9.09 |
| FIDELITYBK | 3.20 | 3.43 | 0.23 | 7.19 |
| JAPAULGOLD | 0.32 | 0.34 | 0.02 | 6.25 |
| MBENEFIT | 0.24 | 0.25 | 0.01 | 4.17 |
| SOVRENINS | 0.24 | 0.25 | 0.01 | 4.17 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| REDSTAREX | 3.00 | 2.70 | -0.30 | -10.00 |
| TOTAL | 264.90 | 238.50 | -26.40 | -9.97 |
| CONOIL | 24.70 | 22.25 | -2.45 | -9.92 |
| CUTIX | 2.27 | 2.05 | -0.22 | -9.69 |
| SCOA | 2.38 | 2.15 | -0.23 | -9.66 |
| BERGER | 6.80 | 6.15 | -0.65 | -9.56 |
| LIVESTOCK | 1.57 | 1.42 | -0.15 | -9.55 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| UBA | 7.70 | 150 | 47,998,505.00 | 369,656,891.20 |
| FIDELITYBK | 3.43 | 337 | 46,497,874.00 | 158,808,084.37 |
| ZENITHBANK | 22.40 | 396 | 24,185,843.00 | 541,326,557.50 |
| GTCO | 21.50 | 584 | 14,509,850.00 | 317,275,511.00 |
| ACCESSCORP | 9.70 | 207 | 13,754,420.00 | 133,200,983.20 |
| FBNH | 12.20 | 117 | 9,192,575.00 | 110,196,164.20 |
| UBN | 6.00 | 49 | 9,120,480.00 | 54,754,186.45 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| ZENITHBANK | 22.40 | 396 | 24,185,843.00 | 541,326,557.50 |
| UBA | 7.70 | 150 | 47,998,505.00 | 369,656,891.20 |
| MTNN | 214.00 | 290 | 1,515,174.00 | 323,937,274.70 |
| GTCO | 21.50 | 584 | 14,509,850.00 | 317,275,511.00 |
| TOTAL | 238.50 | 86 | 755,859.00 | 180,279,621.50 |
| FIDELITYBK | 3.43 | 337 | 46,497,874.00 | 158,808,084.37 |
| ACCESSCORP | 9.70 | 207 | 13,754,420.00 | 133,200,983.20 |
OUTLOOK
Bearish sentiment returns to the stock market, with the trading activities on equities remain dismal. We expect the coming week to continue with this trend as investments in other asset classes prevail.
