Local Bourse Recedes Further As AIRTEL Loses Again.

The Nigeria Equity Market closed trading activities for today Wednesday(19/10/2022) negative as the NGX-ASI decreased by 2.31% to 44,318.15from 45,366.32; indicating a YTD return of +3.75%.

Similarly, the market capitalization decreased by N570. 91 billion to N 24.14 trillion from N25.71 trillion. The market turnover increased to N3.67 billion from N 3.62 billion.

The market breadth was positive at 0.94x as 16 stocks advanced and 17 stocks declined, while 68 stocks remained unchanged. FIDELITYBK topped the gainers’ list with +9.74%, while AIRTELAFRI declined by -10% to lead the losers’ chart. Also, FBNH 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%), MRS(-9.76%), IKEJAHOTEL(-9.68%), NNFM(-9.56%), LINKASSURE(-8.51%), WAPCO(-7.83%), TOTAL(-6.68%), WAPIC(-5.56%), MTNN(-2.01%), CORNERST(-1.96%), DANGSUGAR(-1.92%), CWG(-1.35%), NAHCO(-0.73%), UBA(-0.71%) and GTCO(-0.54%).

Read: NGX Price List for Wednesday, 19th October 2022

MARKET STATISTICS

CAPN24,138,901,651,796.02One Day (ASI CHG)-2.31%
Index44,318.15One Week (ASI CHG)-6.76%
Volume165,352,168.00One Month (ASI CHG)-10.36%
ValueN3,673,955,713.17Six Months (ASI CHG)-6.79%
Deals3,183.0052 Weeks (ASI CHG)+7.71%
Gainers16 Losers 17
Unchanged 68Total 101
YTD Returns+3.75

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI-2.31
NGX30-2.05
NGXBNK0.5
NGXCNSMRGDS-0.03
NGXINDUSTR0.94
NGXINS0.24
NGXLOTUSISLM-2.18
NGXOILGAS-0.8

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% Change
FIDELITYBK3.493.830.349.74
JAIZBANK0.850.910.067.06
MBENEFIT0.290.310.026.90
AIICO0.540.570.035.56
OANDO4.44.60.24.55
JAPAULGOLD0.250.260.014.00
BUACEMENT58.75612.253.83

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% Change
AIRTELAFRI14581312.2-145.8-10.00
MRS14.3512.95-1.4-9.76
IKEJAHOTEL1.241.12-0.12-9.68
NNFM6.86.15-0.65-9.56
LINKASSURE0.470.43-0.04-8.51
WAPCO2321.2-1.8-7.83
TOTAL211.1197-14.1-6.68

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
FBNH9.799           48,094,271  461,772,863.15
GTCO18.45434           18,545,739  344,425,570.00
STERLNBANK1.5652             8,282,785     12,792,065.05
CHAMS0.2810             7,673,386       2,131,084.22
ZENITHBANK20.35231             6,323,213  128,882,672.85
MBENEFIT0.3116             6,186,951       1,751,896.28
FIDELITYBK3.8388             5,642,973     21,546,575.14

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
AIRTELAFRI1312.233                 878,598      1,152,896,295.60
MTNN195218             3,641,944         711,997,639.50
FBNH9.799           48,094,271         461,772,863.15
GTCO18.45434           18,545,739         344,425,570.00
GEREGU11042             1,323,472         135,041,825.50
ZENITHBANK20.35231             6,323,213         128,882,672.85
STANBIC2870             4,208,599         117,840,771.45

OUTLOOK

We expect negative sentiments to persist, as pre election risk amplifies

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