The Nigeria Equity Market closed for today, Wednesday (06/07/2022) flat, as the NGX-ASI decreased by 0.06% to 51,556.54 from 51,586.5, indicating a YTD return of +20.69%. Similarly, the market capitalization declined by N16.15billion to N27.79trillion from N27.81trillion. The market turnover decreased to N1.44 billion from N2.57 billion. The market breadth was positive at 1.06x, as 17 stocks advanced and 16 stocks declined, while 65 remained unchanged. ACADEMY topped the gainers’ list with +9.79%, while NEM dropped by -10% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume of trades for the day.
Stocks whose share prices lost during intra-day trading include: NEM(-10.00%), CHAMPION(-10.00%), UBN(-9.76%), RTBRISCOE(-7.50%), INTBREW(-5.26%), PRESTIGE(-5.00%), VERITASKAP(-4.76%),JAIZBANK(-3.57%), CORNERST(-2.67%), FIDELITYBK(-1.22%), OANDO(-0.91%), GTCO(-0.73%) and NGXGRP(-0.44%).

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MARKET STATISTICS
| CAP | N27,794,673,410,797.25 | One Day (ASI CHG) | -0.06% |
| Index | 51,556.54 | One Week (ASI CHG) | -0.47% |
| Volume | 135,258,629.00 | One Month (ASI CHG) | -2.88% |
| Value | N1,438,627,265.03 | Six Months (ASI CHG) | +18.23% |
| Deals | 3,745 | 52 Weeks (ASI CHG) | +34.20% |
| Gainers | 17 | Losers | 16 |
| Unchanged | 65 | Total | 98 |
| YTD Returns | +20.69% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.06 |
| NGX30 | -0.09 |
| NGXBNK | -0.60 |
| NGXCNSMRGDS | -0.03 |
| NGXINDUSTR | 0.00 |
| NGXINS | -1.36 |
| NGXLOTUSISLM | 0.06 |
| NGXOILGAS | -0.16 |
Top 7 Gainers
| Security | Previous | Close Price | Change Price | % change |
| ACADEMY | 1.43 | 1.57 | 0.14 | 9.79 |
| CHIPLC | 0.69 | 0.75 | 0.06 | 8.70 |
| JAPAULGOLD | 0.27 | 0.29 | 0.02 | 7.41 |
| UPDCREIT | 3.45 | 3.60 | 0.15 | 4.35 |
| CHAMS | 0.24 | 0.25 | 0.01 | 4.17 |
| WEMABANK | 3.30 | 3.40 | 0.10 | 3.03 |
| UPDC | 1.24 | 1.27 | 0.03 | 2.42 |
Top 7 Losers
| Security | Previous | Close Price | Change Price | % change |
| NEM | 3.80 | 3.42 | -0.38 | -10.00 |
| CHAMPION | 4.00 | 3.60 | -0.40 | -10.00 |
| UBN | 6.15 | 5.55 | -0.60 | -9.76 |
| UPL | 2.58 | 2.35 | -0.23 | -8.91 |
| RTBRISCOE | 0.40 | 0.37 | -0.03 | -7.50 |
| INTBREW | 5.70 | 5.40 | -0.30 | -5.26 |
| PRESTIGE | 0.40 | 0.38 | -0.02 | -5.00 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.25 | 60 | 15,551,438 | 19,586,182 |
| GTCO | 20.30 | 413 | 13,110,865 | 267,085,162 |
| UPDC | 1.27 | 91 | 11,966,541 | 14,617,039 |
| UBA | 7.50 | 141 | 10,554,000 | 78,916,507 |
| CHAMS | 0.25 | 33 | 7,825,406 | 1,941,614 |
| STERLNBANK | 1.52 | 70 | 7,330,230 | 10,957,746 |
| ZENITHBANK | 21.75 | 344 | 7,215,240 | 156,977,390 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| GTCO | 20.30 | 413 | 13,110,865 | 267,085,162 |
| AIRTELAFRI | 1732.20 | 28 | 121,587 | 210,978,851 |
| ZENITHBANK | 21.75 | 344 | 7,215,240 | 156,977,390 |
| MTNN | 230.30 | 212 | 362,228 | 83,016,593 |
| UBA | 7.50 | 141 | 10,554,000 | 78,916,507 |
| DANGCEM | 275.00 | 71 | 296,951 | 78,237,721 |
| SEPLAT | 1300.50 | 17 | 51,880 | 68,376,613 |
OUTLOOK
Stock market closed transactions for today flat, as bargain hunting and indecisiveness continues to trail the market. We expect cautious trading to continue throughout the week.

