The Nigeria Equity Market closed trading activities for today Friday (16/12/2022) positive, as the NGX-ASI grew by 0.169% to 49,316.29 from 49,233.02 ; indicating a YTD return of +15.45%.
Similarly, the market capitalization increased by N45.36 billion to N26.86 trillion from N26.82 trillion. The market turnover increased to N2.01 billion from N2.13 billion .
The market breadth was positive at 1.55x as 17 stocks advanced and 11 stocks declined, while 75 stocks remained unchanged. UPDC topped the gainers’ list with +10.00%, while ACADEMY declined by -9.70% to lead the losers’ chart. Also, ZENITHBANK recorded the highest volume and the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
UPDC(+10.00%), PZ(+9.73%), THOMASWY( +9.62%), CHAMPION(+9.33%), NEIMETH(+9.02%),ROYALEX(+7.69%),MBENEFIT(+7.41%),CHAMS(+4.55%), GEREGU(+3.92%), and ZENITHBANK(+2.55%).
Read: NGX Price List for Friday, 16th December 2022
MARKET STATISTICS
| CAP | N26,861,256,828,676.83 | One Day (ASI CHG) | +0.17% |
| Index | 49,316.29 | One Week (ASI CHG) | +0.89% |
| Volume | 103,710,207.00 | One Month (ASI CHG) | +12.57% |
| Value | N2,007,231,003.73 | Six Months (ASI CHG) | -6.55% |
| Deals | 3,280.00 | 52 Weeks (ASI CHG) | +16.67% |
| Gainers | 17 | Losers | 11 |
| Unchanged | 75 | Total | 103 |
| YTD Returns | +15.45% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.17 |
| NGX30 | 0.1 |
| NGXBNK | 1.09 |
| NGXCNSMRGDS | 0.08 |
| NGXINDUSTR | 0 |
| NGXINS | 0.56 |
| NGXLOTUSISLM | 0 |
| NGXOILGAS | -0.11 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| UPDC | 0.90 | 0.99 | 0.09 | 10.00 |
| PZ | 11.30 | 12.40 | 1.10 | 9.73 |
| THOMASWY | 0.52 | 0.57 | 0.05 | 9.62 |
| CHAMPION | 3.75 | 4.10 | 0.35 | 9.33 |
| NEIMETH | 1.33 | 1.45 | 0.12 | 9.02 |
| ROYALEX | 0.78 | 0.84 | 0.06 | 7.69 |
| MBENEFIT | 0.27 | 0.29 | 0.02 | 7.41 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| ACADEMY | 1.34 | 1.21 | -0.13 | -9.70 |
| HONYFLOUR | 2.20 | 2.12 | -0.08 | -3.64 |
| FTNCOCOA | 0.32 | 0.31 | -0.01 | -3.13 |
| FCMB | 3.50 | 3.40 | -0.10 | -2.86 |
| UACN | 10.50 | 10.35 | -0.15 | -1.43 |
| NB | 38.50 | 38.00 | -0.50 | -1.30 |
| JAIZBANK | 0.88 | 0.87 | -0.01 | -1.14 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 24.10 | 287.00 | 14,125,780.00 | 338,025,239.45 |
| GTCO | 20.90 | 280.00 | 13,576,622.00 | 284,511,683.85 |
| ETI | 11.20 | 47.00 | 11,158,833.00 | 124,889,903.95 |
| UBA | 7.30 | 118.00 | 7,729,077.00 | 56,708,136.40 |
| FIDELITYBK | 4.25 | 86.00 | 4,696,118.00 | 19,622,371.18 |
| NGXGROUP | 24.20 | 70.00 | 3,628,240.00 | 87,238,592.35 |
| CHAMS | 0.23 | 19.00 | 3,458,949.00 | 762,358.27 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 24.10 | 287.00 | 14,125,780.00 | 338,025,239.45 |
| NESTLE | 980.00 | 119.00 | 329,726.00 | 315,757,145.80 |
| GTCO | 20.90 | 280.00 | 13,576,622.00 | 284,511,683.85 |
| AIRTELAFRI | 1488.00 | 16.00 | 175,273.00 | 260,946,322.30 |
| ETI | 11.20 | 47.00 | 11,158,833.00 | 124,889,903.95 |
| NGXGROUP | 24.20 | 70.00 | 3,628,240.00 | 87,238,592.35 |
| GEREGU | 106.00 | 42.00 | 726,613.00 | 76,678,267.40 |
OUTLOOK
We expect sustained positive sentiments given the renewed attractiveness of the financial sector
