The Nigeria Equity Market closed trading activities for today, Friday (12/08/2022) negative, as the NGX-ASI declined by 0.70% to 49,664.07 from 50,014.60 indicating a YTD return of +16.26%. Similarly, the market capitalization decreased by N189.07 billion to N26.78 trillion from N26.98 trillion. The market turnover increased to N5.31 billion from N2.44 billion. The market breadth was negative at 0.79x, as 19 stocks advanced and 24 stocks declined, while 60 remained unchanged. BUAFOODS topped the gainers’ list with +10.00%, while BUACEMENT dropped by -9.95% to lead the losers’ chart. Also, ETRANZACT recorded the highest volume of trade while FBNH recorded the highest value of trade for the day.
Stocks whose share prices lost during intra-day trading include: BUACEMENT(-9.95%), CHAMS(-9.68%), CUTIX(-8.89%), ELLAHLAKES(-6.98%), UNITYBNK(-6.52%), ACADEMY(-5.16%), CHAMPION (-4.04%), ARDOVA(-3.85%), TRANSCORP(-2.73%), RTBRISCOE(-2.56%), DANGCEM(2.34%), WEMABANK(-1.96%), INTBREW(-1.92%), AIICO(-1.79%), CHIPLC(-1.56%), ZENITHBANK(-0.70%), FIDELITY(0.65%), GTCO(-0.24%) and STANBIC(-0.18%)
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MARKET STATISTICS
| CAP | N26,787,210,862,694.69 | One Day (ASI CHG) | -0.70% |
| Index | 49,664.07 | One Week (ASI CHG) | -2.09% |
| Volume | 750,285,275 | One Month (ASI CHG) | -3.67% |
| Value | N5,307,221,217.80 | Six Months (ASI CHG) | +5.22% |
| Deals | 4,076 | 52 Weeks (ASI CHG) | +25.76% |
| Gainers | 19 | Losers | 24 |
| Unchanged | 60 | Total | 103 |
| YTD Returns | +16.26% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.7 |
| NGX30 | -1.27 |
| NGXBNK | -0.19 |
| NGXCNSMRGDS | 2.82 |
| NGXINDUSTR | -4.61 |
| NGXINS | 1.75 |
| NGXLOTUSISLM | -0.73 |
| NGXOILGAS | -0.16 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| BUAFOODS | 54.50 | 54.50 | 59.95 | 5.45 | 10.00 |
| NEM | 4.01 | 4.01 | 4.41 | 0.40 | 9.98 |
| COURTVILLE | 0.51 | 0.51 | 0.56 | 0.05 | 9.80 |
| IKEJAHOTEL | 1.16 | 1.16 | 1.27 | 0.11 | 9.48 |
| MULTIVERSE | 2.25 | 2.25 | 2.44 | 0.19 | 8.44 |
| ABCTRANS | 0.28 | 0.28 | 0.30 | 0.02 | 7.14 |
| JAIZBANK | 0.85 | 0.85 | 0.91 | 0.06 | 7.06 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| BUACEMENT | 58.80 | 58.80 | 52.95 | -5.85 | -9.95 |
| CHAMS | 0.31 | 0.31 | 0.28 | -0.03 | -9.68 |
| CUTIX | 2.25 | 2.25 | 2.05 | -0.20 | -8.89 |
| ELLAHLAKES | 4.30 | 4.30 | 4.00 | -0.30 | -6.98 |
| UNITYBNK | 0.46 | 0.46 | 0.43 | -0.03 | -6.52 |
| ACADEMY | 2.13 | 2.13 | 2.02 | -0.11 | -5.16 |
| CHAMPION | 3.96 | 3.96 | 3.80 | -0.16 | -4.04 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ETRANZACT | 2.28 | 6.00 | 77,567,109.00 | 176,855,642.58 |
| WAPIC | 0.44 | 20.00 | 37,075,197.00 | 14,937,070.58 |
| FBNH | 11.00 | 158.00 | 30,528,539.00 | 333,236,751.70 |
| UBA | 7.05 | 205.00 | 13,195,461.00 | 92,683,117.20 |
| ZENITHBANK | 21.25 | 312.00 | 9,710,565.00 | 207,375,852.20 |
| JAIZBANK | 0.91 | 85.00 | 8,769,726.00 | 7,707,774.57 |
| GTCO | 20.40 | 275.00 | 7,533,865.00 | 154,035,450.10 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 11.00 | 158.00 | 30,528,539.00 | 333,236,751.70 |
| ZENITHBANK | 21.25 | 312.00 | 9,710,565.00 | 207,375,852.20 |
| ETRANZACT | 2.28 | 6.00 | 77,567,109.00 | 176,855,642.58 |
| GTCO | 20.40 | 275.00 | 7,533,865.00 | 154,035,450.10 |
| MTNN | 200.00 | 296.00 | 602,006.00 | 124,020,001.00 |
| BUACEMENT | 52.95 | 122.00 | 2,103,602.00 | 114,616,476.05 |
| UBA | 7.05 | 205.00 | 13,195,461.00 | 92,683,117.20 |
OUTLOOK
The Nigerian equity market closed bearish today to end the week’s trading activities with sell-off weighing in all the sectors except the industrial and consumer goods sectors. We expect mixed sentiments to continue as more companies release their Q2 results.
