DANGCEM,MTNN,GUINNESS and 16 Others,Drag Market Into Negative Territory

The Nigeria Equity Market closed trading activities for today Tuesday (08/11/2022) negative, as the NGX-ASI falling by 1.82% to 43,461.60 from 44,269.43; indicating a YTD return of +1.74%.

Similarly, the market capitalization decreased by N440 billion to N23.67 trillion from N24.11 trillion. The market turnover increased to N2.50 billion from N2.13 billion.

The market breadth was negative at 0.63x as 12 stocks advanced and 19 stocks declined, while 75 stocks remained unchanged. UNITYBANK topped the gainers’ list with +10 %, while GUINNESS declined by -9.95% to lead the losers’ chart. Also, ACCESSCORP recorded the highest volume and the value for the day.

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

GUINNESS(-9.95%), CUSTODIAN(-9.32%), DANGCEM(-8.33%), NEM(-7.50%), FTNCOCOA(-3.23%), LINKASSURE(-2.50%), STERLNBNK(-2.14%), MTNN(-2.04%), STANBIC(-1.79%), FIDELITYBNK(-1.23%), ZENITHBNK(-0.50%),NB(-O.38%) , FCMB(-0.29%) and GTCO(-0.28%).

Read: NGX Price List for Tuesday, 8th November 2022

MARKET STATISTICS

CAPN 23,672,365,783,925.06One Day (ASI CHG)-1.82%
Index43,461.60One Week (ASI CHG)-0.65%
Volume249,911,758One Month (ASI CHG)-8.21%
ValueN 2,501,685,579.8Six Months (ASI CHG)-14.67%
Deals3,28352 Weeks (ASI CHG)+0.50%
Gainers12 Losers19
Unchanged75Total106
YTD Returns+1.74%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI-1.82
NGX30-2.20
NGXBNK-0.17
NGXCNSMRGDS-0.58
NGXINDUSTR-3.93
NGXINS-1.32
NGXLOTUSISLM-2.44
NGXOILGAS 0.56

Top 7 Gainers

SecurityPrevious Close Change% change
UNITYBNK0.400.440.0410.00
THOMASWY0.350.380.038.57
JAIZBANK0.941.000.066.38
FIDSON8.508.990.495.76
GEREGU115.90121.805.905.09
CHAMPION3.303.440.144.24
AFRIPRUD5.155.350.203.88

Top 7 Losers

SecurityPreviousClose Change % change
GUINNESS82.9074.65-8.25-9.95
CUSTODIAN5.905.35-0.55-9.32
DANGCEM240.00220.00-20.00-8.33
COURTVILLE0.500.46-0.04-8.00
NEM4.003.70-0.30-7.50
UPDC0.950.89-0.06-6.32
NAHCO5.705.50-0.20-3.51

Top 7 Traders by Volume

SecurityClose Trades      Volume          Value
ACCESSCORP8.10142  128,732,026    1,034,923,072
FBNH10.00124    19,491,913      192,823,993
TRANSCORP1.0563    17,352,014      18,239,741
FIDELITYBK4.0056    14,900,295       59,862,141
GTCO17.50525    14,590,561      255,819,423
ZENITHBANK19.90228    10,731,333      214,356,479
NGXGROUP21.2052     4,835,798      101,622,055

Top 7 Traders by Value

SecurityClose Trades     Volume          Value
ACCESSCORP8.10142  128,732,026  1,034,923,072
GTCO17.50525    14,590,561      255,819,423
ZENITHBANK19.90228    10,731,333      214,356,479
FBNH10.00124    19,491,913      192,823,993
NGXGROUP21.2052      4,835,798      101,622,055
NB39.75140      2,631,316      100,325,186
AIRTELAFRI1275.0036       67,299       84,760,921

OUTLOOK

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

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