The Nigeria Equity Market closed trading activities for today Wednesday (30/11/2022) positive, as the NGX-ASI increased by 0.71% to 47,660.04 from 47,322.97 ; indicating a YTD return of +11.57%.
Similarly, the market capitalization increased by N183.59 billion to N25.96 trillion from N25.78 trillion. The market turnover decreased to N1.32 billion from N1.65 billion.
The market breadth was positive at 2.33x as 21 stocks advanced and 9 stocks declined, while 75 stocks remained unchanged. WEMABANK topped the gainers’ list with +10.00%, while ROYALEX declined by -10.00% to lead the losers’ chart. Also, FBNH recorded the highest volume, while ZENITHBANK recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
WEMABANK(10.00%), UACN(9.95%), ACADEMY(9.45%), UCAP(8.10%), ABCTRANS(8.00%), UBN(4.80%),PZ(4.74%), MTNN(3.80%), ACCESSCORP(3.66%), CUTIX(2.93%), THOMASWY(2.56%), JAIZBANK(2.35%), NGXGROUP(1.88%) and CHIPLC(1.72%).
Read: NGX Price List for Wednesday, 30th November 2022
MARKET STATISTICS
| CAP | N25,959,138,558,193.08 | One Day (ASI CHG) | +0.71% |
| Index | 47,660.04 | One Week (ASI CHG) | +3.09% |
| Volume | 107,019,872.00 | One Month (ASI CHG) | +8.53% |
| Value | N1,318,618,299.07 | Six Months (ASI CHG) | -11.37% |
| Deals | 3,227.00 | 52 Weeks (ASI CHG) | +10.20% |
| Gainers | 21 | Losers | 9 |
| Unchanged | 75 | Total | 105 |
| YTD Returns | +11.57% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.71 |
| NGX30 | 0.81 |
| NGXBNK | 1.79 |
| NGXCNSMRGDS | -0.79 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.59 |
| NGXLOTUSISLM | 0.69 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| WEMABANK | 3 | 3.3 | 0.3 | 10.00 |
| UACN | 9.55 | 10.5 | 0.95 | 9.95 |
| ACADEMY | 1.27 | 1.39 | 0.12 | 9.45 |
| UCAP | 12.35 | 13.35 | 1 | 8.10 |
| ABCTRANS | 0.25 | 0.27 | 0.02 | 8.00 |
| UBN | 6.25 | 6.55 | 0.3 | 4.80 |
| PZ | 9.5 | 9.95 | 0.45 | 4.74 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| ROYALEX | 0.7 | 0.63 | -0.07 | -10.00 |
| REDSTAREX | 2.27 | 2.06 | -0.21 | -9.25 |
| PRESTIGE | 0.47 | 0.43 | -0.04 | -8.51 |
| NB | 45.2 | 42 | -3.2 | -7.08 |
| RTBRISCOE | 0.29 | 0.27 | -0.02 | -6.90 |
| JAPAULGOLD | 0.28 | 0.27 | -0.01 | -3.57 |
| SUNUASSUR | 0.28 | 0.27 | -0.01 | -3.57 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 11.2 | 153 | 12,528,964 | 139,636,860.20 |
| FIDELITYBK | 4.15 | 97 | 10,252,686 | 42,197,371.79 |
| ZENITHBANK | 21.9 | 247 | 8,039,764 | 174,545,051.60 |
| WEMABANK | 3.3 | 81 | 5,855,869 | 18,509,179.41 |
| STANBIC | 30.55 | 27 | 5,058,351 | 154,529,890.35 |
| UCAP | 13.35 | 99 | 4,837,399 | 64,016,082.80 |
| UBA | 7.25 | 142 | 4,615,570 | 33,407,196.25 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 21.9 | 247 | 8,039,764 | 174,545,051.60 |
| STANBIC | 30.55 | 27 | 5,058,351 | 154,529,890.35 |
| FBNH | 11.2 | 153 | 12,528,964 | 139,636,860.20 |
| MTNN | 218.5 | 157 | 454,612 | 97,952,750.70 |
| NESTLE | 963.9 | 132 | 87,622 | 86,047,154.10 |
| GTCO | 20 | 226 | 4,165,930 | 83,372,834.25 |
| UCAP | 13.35 | 99 | 4,837,399 | 64,016,082.80 |
OUTLOOK
We expect mixed sentiments to continue during the week,as pre-election risks amplify.
