Bull Dominance Continues As NGX Index Moves Up by 0.50%

The Nigeria Equity Market closed trading activities for today Thursday (15/12/2022) positive, as the NGX-ASI grew by 0.50% to 49,233.02 from 48,988.04 ; indicating a YTD return of +15.26%.

Similarly, the market capitalization increased by N133.43 billion to N26.82 trillion from N26.68 trillion. The market turnover increased to N2.13 billion from N1.68 billion .

The market breadth was positive at 2.86x as 20 stocks advanced and 7 stocks declined, while 79 stocks remained unchanged. CAP topped the gainers’ list with +9.88%, while GEREGU declined by -8.11% to lead the losers’ chart. Also, STERLNBANK recorded the highest volume while AIRTELAFRI recorded the highest value for the day.

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

CAP(+9.88%), ARDOVA(+9.51%), THOMASWY( +8.33%), CORNERST(+8.33%), LEARNAFRCA(+7.12%),WAPIC(+5.26%),CADBURY(+4.67%),STANBIC(+4.58%), ROYALEX(+4.00%), and NEIMETH(+3.91%).

Read: NGX Price List for Thursday, 15th December 2022

MARKET STATISTICS

CAPN26,815,900,338,150.15One Day (ASI CHG)+0.50%
Index49,233.02One Week (ASI CHG)+1.79%
Volume222,775,126.00One Month (ASI CHG)+12.36%
ValueN2,129,161,787.68Six Months (ASI CHG)-7.31%
Deals2,756.0052 Weeks (ASI CHG)+16.23%
Gainers 20 Losers 7
Unchanged 79Total 106
YTD Returns+15.26%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.5
NGX300.66
NGXBNK0.72
NGXCNSMRGDS0.15
NGXINDUSTR0.13
NGXINS1.07
NGXLOTUSISLM0.53
NGXOILGAS0.62

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price%Change
CAP16.2017.801.609.88
ARDOVA15.2516.701.459.51
CORNERST0.480.520.048.33
THOMASWY0.480.520.048.33
LEARNAFRCA1.972.130.168.12
WAPIC0.380.400.025.26
CADBURY10.7011.200.504.67

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price%Change
GEREGU111.00102.00-9.00-8.11
CHAMS0.230.22-0.01-4.35
GTCO20.9520.50-0.40-1.91
UCAP13.7013.50-0.20-1.46
STERLNBANK1.371.36-0.01-0.73
UBA7.357.30-0.05-0.68
FBNH10.9510.90-0.05-0.46

Top 7 Traders by Volume

SecurityClose PriceNumber of TradesDaily VolumeDaily Value
STERLNBANK1.3633.00   153,280,865.00   205,432,238.59
GTCO20.50291.00     10,466,253.00   216,962,546.95
ZENITHBANK23.50216.00        8,691,290.00   200,259,731.25
FBNH10.9094.00        4,970,855.00     53,534,044.15
UBA7.3089.00        4,517,779.00     32,949,074.40
JAIZBANK0.8829.00        2,996,163.00        2,636,736.87
UCAP13.5057.00        2,540,480.00     34,416,082.60

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
AIRTELAFRI1488.0027.00           500,334.00   744,337,950.40
MTNN214.00182.00        1,348,151.00   286,777,679.10
GTCO20.50291.00     10,466,253.00   216,962,546.95
STERLNBANK1.3633.00   153,280,865.00   205,432,238.59
ZENITHBANK23.50216.00        8,691,290.00   200,259,731.25
NESTLE980.00121.00              94,841.00     89,926,471.90
FBNH10.9094.00        4,970,855.00     53,534,044.15

OUTLOOK

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

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