Stock Market Sees First Dip This Week.

The Nigeria Equity Market closed trading activities for today Thursday (08/12/2022) negative, as the NGX-ASI fell by 0.13% to 48,365.14 from 48,426.49 ; indicating a YTD return of +13.22%.

Similarly, the market capitalization decreased by N33.42 billion to N26.34 trillion from N26.38 trillion. The market turnover decreased to N2.98 billion from N3.35 billion.

The market breadth was positive at 1.5x as 15 stocks advanced and 10 stocks declined, while 81 stocks remained unchanged. CHAMS topped the gainers’ list with +9.09%, while CAPHOTEL declined by -9.80% to lead the losers’ chart. Also, ETI recorded the highest volume while MTNN recorded the highest value for the day.

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

CAPHOTEL(-9.80%), HONYFLOUR(-9.09%), WAPIC( -8.11%), ABCTRANS(-7.41%), CADBURY(-4.46%), MTNN(-2.27%),FBNH(-0.93%),FIDELITYBK(-0.72%), GTCO(-0.48%), and WAPCO(-0.46%).

Read: NGX Price List for Thursday, 8th December 2022

MARKET STATISTICS

CAPN26,343,189,944,470.46One Day (ASI CHG)-0.13%
Index48,365.14One Week (ASI CHG)+1.49%
Volume148,157,849.00One Month (ASI CHG)+11.28%
ValueN2,980,561,158.19Six Months (ASI CHG)-9.08%
Deals3,391.0052 Weeks (ASI CHG)+13.97%
Gainers 15 Losers 10
Unchanged 81Total 106
YTD Returns+13.22%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI-0.13
NGX30-0.14
NGXBNK0.46
NGXCNSMRGDS-0.01
NGXINDUSTR1.11
NGXINS-0.48
NGXLOTUSISLM-0.04
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% Change
CHAMS0.220.240.029.09
RTBRISCOE0.260.280.027.69
PZ10.911.50.65.50
LIVESTOCK1.111.160.054.50
ETI10.510.80.32.86
BUACEMENT828422.44
CORNERST0.450.460.012.22

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% Change
CAPHOTEL3.062.76-0.3-9.80
HONYFLOUR2.422.2-0.22-9.09
WAPIC0.370.34-0.03-8.11
ABCTRANS0.270.25-0.02-7.41
CADBURY11.210.7-0.5-4.46
MTNN220215-5-2.27
FBNH10.810.7-0.1-0.93

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
ETI10.852         26,356,801       281,873,014.60
FBNH10.7114         25,797,316       278,468,342.70
TRANSCORP1.1768         12,887,399         14,789,266.21
ACCESSCORP8.5129           9,610,107         81,675,383.05
STERLNBANK1.3757           9,206,252         12,649,833.35
JAPAULGOLD0.2927           7,999,910           2,219,250.57
MTNN215277           5,571,321   1,190,295,939.90

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
MTNN215277           5,571,321   1,190,295,939.90
GUINNESS69.351           5,059,032       350,374,865.90
ETI10.852         26,356,801       281,873,014.60
FBNH10.7114         25,797,316       278,468,342.70
ZENITHBANK22.05220           5,001,993       110,080,870.70
NGXGROUP24.568           4,384,317       105,881,502.35
NESTLE980150                 98,034         96,019,379.20

OUTLOOK

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

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