OANDO, ZENITH, and 19 Others Dip Stock Market by 0.29%

The Nigeria Equity Market closed trading activities for today Tuesday (04/10/2022) negative as the NGX-ASI declined by 0.29% to 48,879.74 from 49,024.16; indicating a YTD return of +14.43%.

Similarly, the market capitalization decreased by N393.92 billion to N 26.37 trillion from N 26.45 trillion. The market turnover decreased to N2.39 billion from N3.73 billion.

The market breadth was negative at 0.43x, as 9 stocks advanced and 21 stocks declined, while 88 stocks remained unchanged. MULTIVERSE topped the gainers’ list with +9.76%, while INTBREW declined by -9.09% to lead the losers’ chart. Also, GTCO recorded the highest volume and the highest value for the day.

Stocks whose share prices lost during intra-day trading include:

INTBREW(-9.09%),REDSTAREX(-7.83%), SOVRENINS(-7.41%), JAPAULGOLD(-7.41%), ACCESSCORP(-5.59%), TRANSCORP(-5.45%), FIDELITYBK(-4.89%), VITAFOAM(-4.53%), UBA(-3.57%), ZENITHBNK(-3.50%), FBNH(-2.45%), OANDO(-2.08%), MANSARD(-1.20%), GTCO(-0.85%) and ETERNA(-0.32%).  

Read: NGX Price List for Tuesday, 4th October 2022

MARKET STATISTICS

CAPN26,373,478,846,278.66One Day (ASI CHG)-0.29%
Index48,879.74One Week (ASI CHG)-0.58%
Volume173,463,835.00One Month (ASI CHG)-2.33%
ValueN2,389,279,841.54Six Months (ASI CHG)+4.69%
Deals4,92652 Weeks (ASI CHG)+21.46%
Gainers9 Losers21
Unchanged88Total118
YTD Returns+14.43

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI-0.29
NGX30-0.44
NGXBNK-2.58
NGXCNSMRGDS-0.41
NGXINDUSTR0.00
NGXINS0.42
NGXLOTUSISLM0.00
NGXOILGAS-0.34

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% change
MULTIVERSE3.694.050.369.76
RTBRISCOE0.340.370.038.82
NGXGROUP20.0021.501.507.50
AIICO0.520.550.035.77
AFRIPRUD5.005.200.204.00
UBN6.206.400.203.23
WAPIC0.350.360.012.86

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% change
INTBREW4.954.50-0.45-9.09
REDSTAREX2.302.12-0.18-7.83
SOVRENINS0.270.25-0.02-7.41
JAPAULGOLD0.280.26-0.02-7.14
CHIPLC0.570.53-0.04-7.02
UCAP11.1510.40-0.75-6.73
UPDC1.030.97-0.06-5.83

Top 7 Traders by Volume

SecurityClose PriceTrades       Daily Volume         Daily Value
GTCO17.60687        71,194,011        1,263,659,215
ZENITHBANK19.30432        14,387,702           283,878,431
UBA6.75296        10,665,367              73,192,997
NGXGROUP21.5091          8,354,260           173,924,321
CHAMS0.2936          6,779,965                1,864,863
FBNH9.95152          6,560,970              64,141,909
TRANSCORP1.0478          5,949,927                6,157,477

Top 7 Traders by Value

SecurityClose PriceTrades      Daily Volume           Daily Value 
GTCO17.60687        71,194,011        1,263,659,215
ZENITHBANK19.30432        14,387,702           283,878,431
MTNN199.80322          1,023,734           196,726,108
NGXGROUP21.5091          8,354,260           173,924,321
UBA6.75296        10,665,367              73,192,997
FBNH9.95152          6,560,970              64,141,909
ACCESSCORP7.60218          5,197,179              40,680,413

OUTLOOK

We expect mixed sentiments to continue this week, as investors settle into a new interest rate environment.

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