The Nigeria Equity Market closed for today, Wednesday (20/07/2022) bearish, as the NGX-ASI decreased by 0.23% to 52,186.52 from 52,308.88 indicating a YTD return of +22.18%. Similarly, the market capitalization decreased by N65.98 billion to N28.14 trillion from N28.21 trillion. The market turnover increased to N3.34 billion from N2.79 billion. The market breadth was negative at 0.55x, as 12 stocks advanced and 22 stocks declined, while 66 remained unchanged. CWG topped the earners’ list with +9.88%, while NAHCO dropped by -10.00% to lead the losers’ chart. Also, NB recorded the highest value and volume of trades for the day.
Stocks whose share prices lost during intra-day trading include: NAHCO (-10.00%), FTNCOCOA (-8.57%), NB (-6.13%), OANDO (-5.50%), INTBREW (-4.39%), NGXGROUP (-3.88%), ETERNA (-2.58%), GTCO (-2.56%), AIICO (-1.61%), FIDELITYBK (-1.59%), MANSARD (-1.50%), UBA (-1.33%), ACCESSCORP (-1.09%), DANGSUGAR (-0.62%) and ZENITHBANK (-0.23%).

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MARKET STATISTICS
| CAP | N28,142,082,825,683.13 | One Day (ASI CHG) | -0.23% |
| Index | 52,186.52 | One Week (ASI CHG) | +1.56% |
| Volume | 238,270,347 | One Month (ASI CHG) | +2.82% |
| Value | N3,336,186,734.29 | Six Months (ASI CHG) | +13.73% |
| Deals |
3,814 |
52 Weeks (ASI CHG) |
+37.51% |
| Gainers | 12 | Losers | 22 |
| Unchanged | 66 | Total | 100 |
| YTD Returns | +22.18% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.23 |
| NGX30 | -0.25 |
| NGXBNK | -0.55 |
| NGXCNSMRGDS | -1.01 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.61 |
| NGXLOTUSISLM | -0.01 |
| NGXOILGAS | -0.96 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| CWG | 0.81 | 0.81 | 0.89 | 0.08 | 9.88 |
| MULTIVERSE | 1.62 | 1.62 | 1.78 | 0.16 | 9.88 |
| ACADEMY | 1.86 | 1.86 | 2.04 | 0.18 | 9.68 |
| RTBRISCOE | 0.44 | 0.44 | 0.48 | 0.04 | 9.09 |
| CHAMS | 0.25 | 0.25 | 0.27 | 0.02 | 8.00 |
| JAPAULGOLD | 0.25 | 0.25 | 0.27 | 0.02 | 8.00 |
| LASACO | 1.04 | 1.04 | 1.09 | 0.05 | 4.81 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| NAHCO | 6.00 | 6.00 | 5.40 | -0.60 | -10.00 |
| FTNCOCOA | 0.35 | 0.35 | 0.32 | -0.03 | -8.57 |
| NB | 53.00 | 53.00 | 49.75 | -3.25 | -6.13 |
| CHIPLC | 0.70 | 0.70 | 0.66 | -0.04 | -5.71 |
| OANDO | 5.45 | 5.45 | 5.15 | -0.30 | -5.50 |
| REDSTAREX | 2.60 | 2.60 | 2.46 | -0.14 | -5.38 |
| INTBREW | 5.70 | 5.70 | 5.45 | -0.25 | -4.39 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| NB | 49.75 | 136 | 30,379,165 | 1,512,638,800.00 |
| UBA | 7.4 | 180 | 26,707,696 | 198,454,864.10 |
| ACCESSCORP | 9.05 | 195 | 21,902,789 | 199,093,446.85 |
| FBNH | 11.25 | 204 | 17,858,547 | 196,625,341.65 |
| GTCO | 20.9 | 353 | 16,815,969 | 353,454,686.00 |
| CHAMS | 0.27 | 32 | 14,036,744 | 3,649,367.66 |
| FIDELITYBK | 3.1 | 85 | 6,942,886 | 21,325,892.29 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| NB | 49.75 | 136 | 30,379,165 | 1,512,638,800.00 |
| GTCO | 20.9 | 353 | 16,815,969 | 353,454,686.00 |
| ACCESSCORP | 9.05 | 195 | 21,902,789 | 199,093,446.85 |
| UBA | 7.4 | 180 | 26,707,696 | 198,454,864.10 |
| FBNH | 11.25 | 204 | 17,858,547 | 196,625,341.65 |
| SEPLAT | 1430.5 | 41 | 98,898 | 141,781,429.50 |
| MTNN | 229 | 237 | 494,206 | 111,079,528.20 |
OUTLOOK
Equity market closed trading activities for today negative, as sell-off was seen across four major market sectors, led by the Consumer goods sector, which declined by 1.01%. We expect cautious trading to continue through the week, as investors react to the recent Interest rate hike by the Apex bank and rising inflation.

