The Nigeria Equity Market closed for today, Wednesday (27/07/2022) bearish, as the NGX dip further by 0.50% to 50,188.55 from 50,442.37 indicating a YTD return of +17.49%. Similarly, the market capitalization decreased by N136.87 billion to N27.06 trillion from N27.20 trillion. The market turnover increased to N4.11 billion from N2.94 billion. The market breadth was negative at 0.08x, as 3 stocks advanced and 34 stocks declined, while 61 remained unchanged. FCMB topped the gainers’ list with +3.33%, while CUSTODIAN.JAIZBANK and PRESTIGE each dropped by -10.00% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume of trade and MTNN recorded the highest value of trade for the day.
Stocks whose share prices lost during intra-day trading include: CUSTODIAN (-10.00%), JAIZBANK (-10.00%), PRESTIGE (-10.00%), MEYER (-9.92%), CUTIX (-9.78%), WEMABANK (-9.77%), IKEJAHOTEL (-9.40%), UPDC (-9.26%), UCAP (-9.09%), MULTIVERSE(-8.51%), ARDOVA (-8.05%), LIVESTOCK (-8.00%), JAPAULGOLD (-8.00%), CHAMS (-7.69%), REGALINS (-7.41%) and RTBRISCOE (-5.41%).
Click here for more on the price list
MARKET STATISTICS
| CAP | N27,064,656,280,266.17 | One Day (ASI CHG) | -0.50% |
| Index | 50,188.55 | One Week (ASI CHG) | -3.83% |
| Volume | 829,511,373 | One Month (ASI CHG) | -3.41% |
| Value | N4,105,030,275.52 | Six Months (ASI CHG) | +9.08% |
| Deals | 4,977 | 52 Weeks (ASI CHG) | +29.34% |
| Gainers | 3 | Losers | 34 |
| Unchanged | 61 | Total | 98 |
| YTD Returns | +17.49% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.50 |
| NGX30 | -0.56 |
| NGXBNK | -2.34 |
| NGXCNSMRGDS | 0.05 |
| NGXINDUSTR | -0.04 |
| NGXINS | -1.1 |
| NGXLOTUSISLM | -0.22 |
| NGXOILGAS | -1.07 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| FCMB | 3.00 | 3.00 | 3.10 | 0.10 | 3.33 |
| NASCON | 11.00 | 11.00 | 11.10 | 0.10 | 0.91 |
| NB | 47.50 | 47.50 | 47.70 | 0.20 | 0.42 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| CUSTODIAN | 7.00 | 7.00 | 6.30 | -0.70 | -10.00 |
| JAIZBANK | 0.80 | 0.80 | 0.72 | -0.08 | -10.00 |
| PRESTIGE | 0.40 | 0.40 | 0.36 | -0.04 | -10.00 |
| MEYER | 2.52 | 2.52 | 2.27 | -0.25 | -9.92 |
| CUTIX | 2.25 | 2.25 | 2.03 | -0.22 | -9.78 |
| WEMABANK | 3.99 | 3.99 | 3.60 | -0.39 | -9.77 |
| IKEJAHOTEL | 1.17 | 1.17 | 1.06 | -0.11 | -9.40 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.01 | 135 | 23,271,775.00 | 23,209,301.78 |
| GTCO | 19.6 | 489 | 15,701,249.00 | 313,150,310.25 |
| UBA | 7 | 246 | 13,203,885.00 | 92,254,897.20 |
| FBNH | 11.15 | 214 | 12,678,985.00 | 138,117,143.05 |
| ZENITHBANK | 20.6 | 443 | 9,277,174.00 | 192,300,820.20 |
| ACCESSCORP | 8.5 | 213 | 7,162,140.00 | 61,343,794.05 |
| STERLNBANK | 1.45 | 43 | 6,927,562.00 | 10,103,441.58 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 190 | 556 | 5,971,807.00 | 1,133,658,305.60 |
| GTCO | 19.6 | 489 | 15,701,249.00 | 313,150,310.25 |
| DANGCEM | 265 | 62 | 873,858.00 | 218,413,862.10 |
| ZENITHBANK | 20.6 | 443 | 9,277,174.00 | 192,300,820.20 |
| NB | 47.7 | 87 | 3,783,847.00 | 180,557,657.10 |
| FBNH | 11.15 | 214 | 12,678,985.00 | 138,117,143.05 |
| SEPLAT | 1430.5 | 43 | 81,109.00 | 115,461,276.70 |
OUTLOOK
Sustained sell pressure continues on custom street to the third day of the week as investors’ continue to react to prevailing sovereign risk. We expect the trend to continue throughout the week.
