Equity Market Advances by 0.03%, Halts the Three Days’ Bearish Run

The Nigeria Equity Market closed trading activities for today Thursday(20/10/2022) flat as the NGX-ASI increased by 0.03% to 44,332.21 from 45,366.32; indicating a YTD return of +3.78%.

Similarly, the market capitalization increased by N7.66 billion to N24.15 trillion from N 24.14 trillion. The market turnover decreased to N3.20 billion from N3.67 billion.

The market breadth was positive at 1.0x as 17 stocks advanced and 17 stocks declined, while 72 stocks remained unchanged. CWG topped the gainers’ list with +9.59%, while BETAGLAS declined by -9.98% to lead the losers’ chart. Also, FIDELITYBNK recorded the highest volume and AIRTELAFRI the highest value for the day.

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

CWG(+9.59%), UPDCREIT(+8.93%), JAPAULGOLD(+7.69%), WAPIC(+5.88%), DANGSUGAR(+3.92%), FTNCOCOA(+3.70%), STANBIC(+3.57%), LASACO(+3.57%), UNITYBNK(+2.17%), WAPCO(+2.12%), AIICO(+1.75%), ACADEMY(+1.53%), REDSTAREX(+1.39%), CADBURY(+0.87%), VITAFOAM(+0.75%), MANSARD(+0.61%) and FIDSON(+0.56%).

Read: NGX Price List for Thursday, 20th October 2022

MARKET STATISTICS

CAPN24,146,563,142,474.49One Day (ASI CHG)+0.03%
Index44,332.21One Week (ASI CHG)-6.72%
Volume119,223,829.00One Month (ASI CHG)-10.34%
ValueN3,201,218,343.15Six Months (ASI CHG)-7.91%
Deals2,90952 Weeks (ASI CHG)+7.47%
Gainers17 Losers 17
Unchanged 72Total 106
YTD Returns+3.78

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI 0.03
NGX30 0.02
NGXBNK-0.82
NGXCNSMRGDS 0.20
NGXINDUSTR 0.09
NGXINS 0.22
NGXLOTUSISLM 0.04
NGXOILGAS-0.39

Top 7 Gainers

SecurityPreviousClose PriceChange Price% change
CWG0.730.800.079.59
UPDCREIT2.803.050.258.93
JAPAULGOLD0.260.280.027.69
WAPIC0.340.360.025.88
DANGSUGAR15.3015.900.603.92
FTNCOCOA0.270.280.013.70
LASACO0.840.870.033.57

Top 7 Losers

SecurityPrevious Close PriceChange Price% change
BETAGLAS46.1041.50-4.60-9.98
ALEX7.206.50-0.70-9.72
MBENEFIT0.310.28-0.03-9.68
RTBRISCOE0.310.28-0.03-9.68
REGALINS0.260.24-0.02-7.69
CHAMS0.280.26-0.02-7.14
CHAMPION3.563.40-0.16-4.49

Top 7 Traders by Volume

SecurityClose PriceTrades  Daily Volume     Daily Value
FIDELITYBK3.77257  39,363,967      149,023,690
GTCO18.45331    8,319,061      153,964,561
JAPAULGOLD0.2826    6,769,685          1,853,294
JAIZBANK0.9045    4,443,903          3,888,737
ACCESSCORP8.15126    4,352,392        35,441,686
TRANSCORP1.0635    3,955,217          4,187,508
AIICO0.5839    3,656,542          2,114,082

Top 7 Traders by Value

SecurityClose PriceTrades  Daily Volume      Daily Value 
AIRTELAFRI1312.20116    1,449,386  1,759,073,389
MTNN195.00170    3,513,313      687,006,437
GTCO18.45331    8,319,061      153,964,561
FIDELITYBK3.77257  39,363,967      149,023,690
WAPCO21.65113    3,190,773        68,742,466
ZENITHBANK20.20204    3,122,665        63,132,449
NGXGROUP21.5024    2,203,450        47,312,252

OUTLOOK

We expect negative sentiments to persist, as pre-election risks amplifies.

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