The Nigeria Equity Market closed for today, Wednesday (13/07/2022) negative, as the NGX-ASI decreased by 0.32% to 51,390.25 from 51,557.41 indicating a YTD return of +20.31%. Similarly, the market capitalization fell by N9.01 billion to N27.71 trillion from N27.80 trillion. The market turnover increased to N2.18 billion from N1.78 billion. The market breadth was negative at 0.44x, as 11 stocks advanced and 25 stocks declined, while 67 remained unchanged. CWG topped the gainers’ list with +10.00%, while MULTIVERSE dropped by -10.00% to lead the losers’ chart. Also, GTCO recorded the highest volume of trades for the day.
Stocks whose share prices lost during intra-day trading include: OANDO (-0.18%), ETERNA (-0.29%), WEMABANK (-0.29%), FIDELITY(-0.31%), UPDC (-3.23%), AIICO (-4.69%), MANSARD (-5.00%), TRANSCORP (-0.81%), UBN (-1.80%), UBA (-0.66%), NAHCO (-7.19%) and JAIZBANK (-1.12).
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MARKET STATISTICS
| CAP | N27,713,102,780,602.32 | One Day (ASI CHG) | -0.32% |
| Index | 51,390.25 | One Week (ASI CHG) | -0.32% |
| Volume | 198,816,000 | One Month (ASI CHG) | -3.40% |
| Value | N2,181,622,961.21 | Six Months (ASI CHG) | +15.21% |
| Deals | 4,769 | 52 Weeks (ASI CHG) |
+35.75% |
| Gainers | 11 | Losers | 25 |
| Unchanged | 67 | Total | 103 |
| YTD Returns | +20.31% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.32 |
| NGX30 | 0.04 |
| NGXBNK | 0.05 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | 0.31 |
| NGXINS | -2.96 |
| NGXLOTUSISLM | -0.01 |
| NGXOILGAS | -0.04 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| CWG | 0.80 | 0.88 | 0.08 | 10.00 |
| CAVERTON | 1.22 | 1.34 | 0.12 | 9.84 |
| ACADEMY | 1.89 | 2.07 | 0.18 | 9.52 |
| RTBRISCOE | 0.34 | 0.37 | 0.03 | 8.82 |
| INTBREW | 5.40 | 5.80 | 0.40 | 7.41 |
| LASACO | 1.03 | 1.08 | 0.05 | 4.85 |
| COURTVILLE | 0.49 | 0.51 | 0.02 | 4.08 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| MULTIVERSE | 2.10 | 1.89 | -0.21 | -10.00 |
| REDSTAREX | 2.75 | 2.48 | -0.27 | -9.82 |
| CUTIX | 2.40 | 2.20 | -0.20 | -8.33 |
| UNITYBNK | 0.49 | 0.45 | -0.04 | -8.16 |
| LIVESTOCK | 1.38 | 1.27 | -0.11 | -7.97 |
| NAHCO | 8.62 | 8.00 | -0.62 | -7.19 |
| CORNERST | 0.64 | 0.60 | -0.04 | -6.25 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 20.40 | 494 | 51,892,811 | 1,061,617,558.90 |
| JAPAULGOLD | 0.26 | 72 | 21,911,357 | 5,698,058.13 |
| UBA | 7.50 | 267 | 19,646,123 | 147,683,248.75 |
| JAIZBANK | 0.88 | 67 | 12,545,605 | 11,073,320.43 |
| INTBREW | 5.80 | 102 | 9,058,913 | 52,260,718.90 |
| ACCESSCORP | 9.30 | 218 | 7,716,219 | 72,127,377.40 |
| FBNH | 10.70 | 161 | 6,899,125 | 72,486,096.55 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 20.40 | 494 | 51,892,811 | 1,061,617,558.90 |
| UBA | 7.50 | 267 | 19,646,123 | 147,683,248.75 |
| PRESCO | 158.40 | 82 | 740,967 | 107,673,036.75 |
| MTNN | 230.30 | 288 | 423,387 | 97,111,654.70 |
| ZENITHBANK | 22.45 | 287 | 3,495,863 | 78,513,228.30 |
| FBNH | 10.70 | 161 | 6,899,125 | 72,486,096.55 |
| ACCESSCORP | 9.30 | 218 | 7,716,219 | 72,127,377.40 |
OUTLOOK
Equity market begins the week negative, as bargain hunting trailed the market. We expect cautious trading to continue throughout the week.
