STOCK WATCH: Eterna Takes Lead

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CEM REPORT | All Share Index (ASI) appreciated by 125 basis point as the Nigeria Exchange (NGX)  closed trading day 3 positive.

The NGX ASI closed at 48,138.71 points benchmark, reflecting a growth of 1.25% from the previous trading day and a Year-to-Date (YTD) return of 12.69%. Meanwhile, the market

At the close of trading on Wednesday 20th April 2022, market capitalization grew by N319.61 billion, while market value stood at N25.95 trillion at the end of the trading day.

Similarly, the market breadth closed positive as ETERNA led 28 gainers, while UNIONDICON topped 21 losers  at the end of the day’s trading session.

The stock market has continued it steady form, gaining 5,422.27 base points since the start of the year.

MTN and Zenith Bank Plc remain at top valued securities.

Top Gainers include;

ETERNA, up +10.00% to close at N5.50

JAPAUL up +10.00% to close at N0.33

GUINNESS up +9.96% to close at N82.25

MEYER up +9.66% to close at N1.93

WAPIC up +9.52% to close at N0.46

Top Losers are;

UNIONDICON down – 9.60% to close at N8.95

CWG down – 9.28% to close at N0.88

JOHNHOLT down – 8.97% to close at N0.71

REGALINS down – 8.57% to close at N0.32

SUNUASS down – 8.33% to close at N0.33

Top Traded by Volume

UNIVINSURE – 73,046,652

ZENITHBANK – 23,653,793

FIDELITY – 20,727,861

Top Traded by Value

MTNN – N629,026,023.30

ZENITHBANK – N571,508,397.90

SEPLAT – N383,318,290.20

Market sentiments trend towards the bulls with the market differential moved in favour of the advancers as 28 gainers surpassed 21 losers.

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