Equity Market Reverses Gain,Dips by 0.1%

The Nigeria Equity Market closed trading activities for today Thursday (03/11/2022) flat, as the NGX-ASI decreased by 0.10% to 44,236.70 from 44,283.02; indicating a YTD return of +3.56%.

Similarly, the market capitalization decreased by N25.23 billion to N24.09 trillion from N24.12 trillion. The market turnover increased to N1.91 billion from N1.53 billion.

The market breadth was negative at 0.6x as 12 stocks advanced and 20 stocks declined, while 68 stocks remained unchanged. UPDCREIT topped the gainers’ list with +9.09 %, while PRESTIGE declined by – 9.80% to lead the losers’ chart. Also,ACCESSCORP recorded the highest volume and value for the day.

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

PRESTIGE(-9.80%), CAVERTON(-9.38%), SUNUASSURE(-8.57%), UNILEVER(-8.29%), OANDO(-5.92%), GEREGU(-3.57%), WAPIC(-2.78%), CORNERST(-2.22%), FIDELITYBNK(-1.91%), FBNH(-1.00%), NB(-0.99%), NGXGRP(-0.99%), TRANSCORP(-0.95%) and ZENITHBANK(-0.25%).

Read: NGX Price List for Thursday, 3rd November 2022

MARKET STATISTICS

CAPN24,094,539,003,058.14One Day (ASI CHG)-0.10%
Index44,236.70One Week (ASI CHG)-0.87%
Volume215,154,016.00One Month (ASI CHG)-9.77%
ValueN1,905,944,939.36Six Months (ASI CHG)-10.88%
Deals  3,389.0052 Weeks (ASI CHG)+5.39%
Gainers12 Losers 20
Unchanged68Total 100
YTD Returns+3.56%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI -0.10
NGX30 -0.09
NGXBNK  0.05
NGXCNSMRGDS -0.21
NGXINDUSTR  0.01
NGXINS -1.01
NGXLOTUSISLM  0.01
NGXOILGAS-0.96

Top 7 Gainers

SecurityPrevious Close Change % Change
UPDCREIT2.753.000.259.09
TRANSEXPR0.680.740.068.82
CHAMPION3.203.450.257.81
JAPAULGOLD0.260.280.027.69
CUTIX2.052.150.104.88
CHAMS0.240.250.014.17
JAIZBANK0.960.990.033.13

Top 7 Losers

SecurityPreviousCloseChange % Change
PRESTIGE0.510.46-0.05-9.80
CAVERTON0.960.87-0.09-9.38
SUNUASSUR0.350.32-0.03-8.57
UNILEVER10.859.95-0.90-8.29
MULTIVERSE4.624.24-0.38-8.23
IKEJAHOTEL1.010.94-0.07-6.93
OANDO4.394.13-0.26-5.92

Top 7 Traders by Volume

SecurityCloseTrades       Volume         Value 
ACCESSCORP7.95358  112,333,613  892,561,445
TRANSCORP1.0462    16,068,124   16,713,107
STERLNBANK1.4070    12,256,961   16,640,799
FIDELITYBK4.1179     9,290,573   38,190,283
ZENITHBANK19.90224     7,190,550  142,829,236
GTCO17.60378     6,478,049  114,209,369
VITAFOAM20.0056     5,964,590  119,100,474

Top 7 Traders by Value

SecurityClose Trades       Volume        Value 
ACCESSCORP7.95358  112,333,613  892,561,445
ZENITHBANK19.90224     7,190,550  142,829,236
MTNN196.00169     649,752  127,490,843
VITAFOAM20.0056     5,964,590  119,100,474
GTCO17.60378     6,478,049  114,209,369
NB39.9074     2,539,861  101,371,611
SEPLAT1100.0019       60,453    65,517,068

OUTLOOK

We expect mixed sentiments to continue during the week, as pre-election risks amplify.

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