The Nigeria Equity Market closed for today, Wednesday (03/08/2022) flat, as the NGX declined by 0.06% to 50,594.97 from 50,626.04 indicating a YTD return of +18.44%. Similarly, the market capitalization decreased by N16.76 billion to N27.28trillion from N27.30 trillion . The market turnover increased to N4,16 billion from N2.86 billion. The market breadth was positive at 1.4x, as 21 stocks advanced and 15 stocks declined, while 66 remained unchanged. LASACO topped the gainers’ list with +10%, while LEARNAFRCA dropped by -10% to lead the losers’ chart. Also, MTNN recorded the highest volume of trade and also the highest value of trade for the day.
Stocks whose share prices lost during intra-day trading include: LEARNAFRCA(-10.00%),CORNEST(-9.33%), UNITYBNK(-4.26%), FIDELITYBNK(-3.85%), NGXGRP(-2.34%), BUACEMENT(-2.24%), CUTIX (-2.17%), NAHCO(-1.64%), CHIPLC(-1.47%), JAIZBANK(-1.23%), NB(-1.15%), UBA(-0.71%),and MTNN(-0.09%).
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MARKET STATISTICS
| CAP | N27,283,820,511,587.15 | One Day (ASI CHG) | -0.06 |
| Index | 50,594.97 | One Week (ASI CHG) | +0.81% |
| Volume | 121,160,518.00 | One Month (ASI CHG) | -2.38% |
| Value | N4,168,876,419.52 | Six Months (ASI CHG) | +6.90% |
| Deals | 4,369.00 | 52 Weeks (ASI CHG) | +30.00% |
| Gainers | 21 | Losers | 15 |
| Unchanged | 66 | Total | 102 |
| YTD Returns | +18.44% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.06 |
| NGX30 | -0.08 |
| NGXBNK | -0.32 |
| NGXCNSMRGDS | 0.39 |
| NGXINDUSTR | -0.45 |
| NGXINS | -0.09 |
| NGXLOTUSISLM | -0.15 |
| NGXOILGAS | 0.28 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| LASACO | 0.90 | 0.99 | 0.09 | 10.00 |
| UPDC | 1.03 | 1.13 | 0.10 | 9.71 |
| HONYFLOUR | 2.27 | 2.49 | 0.22 | 9.69 |
| CHAMS | 0.23 | 0.25 | 0.02 | 8.70 |
| JAPAULGOLD | 0.27 | 0.29 | 0.02 | 7.41 |
| DANGSUGAR | 16.00 | 17.00 | 1.00 | 6.25 |
| WAPCO | 23.45 | 24.90 | 1.45 | 6.18 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| LEARNAFRCA | 2.60 | 2.34 | -0.26 | -10.00 |
| UPL | 2.35 | 2.12 | -0.23 | -9.79 |
| CORNERST | 0.75 | 0.68 | -0.07 | -9.33 |
| UNITYBNK | 0.47 | 0.45 | -0.02 | -4.26 |
| REGALINS | 0.26 | 0.25 | -0.01 | -3.85 |
| FIDELITYBK | 3.12 | 3.00 | -0.12 | -3.85 |
| NGXGROUP | 21.35 | 20.85 | -0.50 | -2.34 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 214.80 | 414 | 10,411,808 | 2,236,298,046 |
| FBNH | 10.95 | 163 | 9,532,990 | 104,177,449 |
| ZENITHBANK | 21.40 | 353 | 8,365,410 | 178,850,113 |
| UBA | 7.00 | 205 | 6,805,099 | 48,083,187 |
| ACCESSCORP | 8.90 | 175 | 6,608,051 | 58,994,624 |
| GTCO | 20.40 | 333 | 6,436,356 | 131,259,732 |
| AIICO | 0.59 | 50 | 4,984,337 | 2,909,892 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 214.80 | 414 | 10,411,808 | 2,236,298,046 |
| AIRTELAFRI | 1905.40 | 36 | 303,500 | 634,119,367 |
| ZENITHBANK | 21.40 | 353 | 8,365,410 | 178,850,113 |
| NB | 47.15 | 115 | 2,864,515 | 132,664,200 |
| GTCO | 20.40 | 333 | 6,436,356 | 131,259,732 |
| FBNH | 10.95 | 163 | 9,532,990 | 104,177,449 |
| SEPLAT | 1430.50 | 25 | 58,577 | 82,030,984 |
OUTLOOK
Trading activities closed flat, following the previous day’s gain. We expect mixed sentiments to continue, as more companies’ Q2 performances are released.
