AIRTELAFRI,OANDO and 13 others Dip Market Cap to N24trillion

The Nigeria Equity Market closed trading activities for today Tuesday(18/10/2022) negative as the NGX-ASI decreased by 2.16% to 45,366.32 from 46,365.95 ; indicating a YTD return of +6.20%.

Similarly, the market capitalization decreased by N544.47 billion to N 24.71 trillion from N25.25 trillion. The market turnover decreased to N3.62 billion from N4.32 billion.

The market breadth was positive at 1.2x as 18 stocks advanced and 15 stocks declined, while 71 stocks remained unchanged. UCAP topped the gainers’ list with +9.69%, while AIRTELAFRI declined by -10% to lead the losers’ chart. Also, CWG recorded the highest volume and AIRTELAFRI the highest value for the day.

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

AIRTELAFRI(-10.00%), NB(-9.80%), CWG(-8.64%), JAIZBANK(-5.56%), COURTVILLE(-4.17%), JAPAULGOLD(-3.85%), CHAMPION(-2.47%), WAPCO(-2.13%), CORNERST(-1.92%), OANDO(-1.79%), MANSARD(-1.21%), STANBIC(-0.71%), FBNH(-0.52%), NGXGRP(-0.24%) and FIDSON(-0.11%).

Read: NGX Price List for Tuesday, 18th October 2022

MARKET STATISTICS

CAPN24,709,814,665,633.59One Day (ASI CHG)-2.16%
Index45,366.32One Week (ASI CHG)-4.62%
Volume420,276,776.00One Month (ASI CHG)-8.31%
ValueN3,624,740,852.48Six Months (ASI CHG)-4.61%
Deals3,486.0052 Weeks (ASI CHG)+10.26%
Gainers18 Losers 15
Unchanged 71Total 104
YTD Returns+6.20

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI -2.16
NGX30 -1.79
NGXBNK 0.95
NGXCNSMRGDS -1.14
NGXINDUSTR 1.38
NGXINS 0.47
NGXLOTUSISLM-1.93
NGXOILGAS-0.28

Top 7 Gainers

SecurityPreviousClose PriceChange Price% change
UCAP11.3512.451.109.69
REGALINS0.240.260.028.33
SOVRENINS0.260.280.027.69
MBENEFIT0.270.290.027.41
HONYFLOUR2.342.500.166.84
UNITYBNK0.440.460.024.55
BUACEMENT56.5058.752.253.98

Top 7 Losers

SecurityPrevious Close PriceChange Price% change
AIRTELAFRI1620.001458.00-162.00-10.00
NB46.4541.90-4.55-9.80
CWG0.810.74-0.07-8.64
JAIZBANK0.900.85-0.05-5.56
COURTVILLE0.480.46-0.02-4.17
JAPAULGOLD0.260.25-0.01-3.85

Top 7 Traders by Volume

SecurityClose PriceTrades Daily Volume Daily Value
CWG0.74 5  258,793,145      191,507,417
GTCO18.55570    57,414,676 1,067,096,677
ZENITHBANK20.40337    13,155,012     268,751,352
FIDELITYBK3.49104    12,489,198       44,504,374
ACCESSCORP8.30150     8,951,407       74,365,292
TRANSCORP1.0749     5,472,056       5,940,538
JAIZBANK0.8550    5,319,350        4,531,155

Top 7 Traders by Value

SecurityClose PriceTrades  Daily Volume   Daily Value 
AIRTELAFRI1458.0037    926,845  1,351,340,010
GTCO18.55570   57,414,676  1,067,096,677
ZENITHBANK20.40337   13,155,012   268,751,352
CWG0.745  258,793,145    191,507,417
BUACEMENT58.7591    2,586,464    141,572,555
ACCESSCORP8.30150    8,951,407    74,365,292
NGXGROUP20.9550    3,553,354     72,653,528

OUTLOOK

We expect mixed sentiments as investors continue to search for value in challenging economic times.

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