Domestic Bourse Ends the Week Positive, Advances by 1.09%

The Nigeria Equity Market closed trading activities for today Friday (18/11/2022) positive, as the NGX-ASI increased by 1.09% to 44,492.73 from 44,011.22 ; indicating a YTD return of +4.16%.

Similarly, the market capitalization increased by N262.26billion to N24.23 trillion from N23.97 trillion. The market turnover increased to N1.212 billion from N847.88 million.

The market breadth was positive at 1.73x as 19 stocks advanced and 11 stocks declined, while 72 stocks remained unchanged. NB topped the gainers’ list with +10.00% while FIDSON declined by -9.34% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume while FBNH recorded the highest value for the day.

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

NB (+10.00%), UBN(+9.24%), ABCTRANS(+8.70%), MANSARD(+7.27%), UCAP(+6.64%), INTBREW(+6.26%), LINKASSURE(+5.00%), MTNN(+4.79%),FBNH(+3.77%), VITAFOAM(+3.33%), OANDO(+3.06%), HONYFLOUR(+2.50%),GTCO(+2.37%), and UNITYBNK(+2.04%)

Read: NGX Price List for Friday, 18th November 2022

MARKET STATISTICS

CAPN24,233,990,860,453.36One Day (ASI CHG) +1.09%
Index44,492.73One Week (ASI CHG)+1.19%
Volume139,227,777.00One Month (ASI CHG)-1.93%
ValueN1,212,266,352.61Six Months (ASI CHG)-15.61%
Deals2,946.0052 Weeks (ASI CHG) +2.79%
Gainers19 Losers 11
Unchanged72Total102
YTD Returns+4.16%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI1.09
NGX301.27
NGXBNK0.48
NGXCNSMRGDS1.27
NGXINDUSTR0.00
NGXINS0.17
NGXLOTUSISLM0.82
NGXOILGAS0.42

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price%Change
NB37.5041.253.7510.00
UBN5.956.500.559.24
ABCTRANS0.230.250.028.70
MANSARD1.651.770.127.27
UCAP11.3012.050.756.64
INTBREW4.004.250.256.25
LINKASSURE0.400.420.025.00

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price%Change
FIDSON8.998.15-0.84-9.34
WAPIC0.360.33-0.03-8.33
REGALINS0.250.23-0.02-8.00
SOVRENINS0.260.24-0.02-7.69
MBENEFIT0.280.27-0.01-3.57
FTNCOCOA0.310.30-0.01-3.23
ACCESSCORP8.308.10-0.20-2.41

Top 7 Traders by Volume

SecurityClose PriceNumber of TradesDaily VolumeDaily Value
TRANSCORP1.1171.00   24,360,687.00     26,941,309.41
FBNH11.00310.00   21,761,678.00   237,352,064.45
COURTVILLE0.467.00   16,971,925.00        7,808,300.00
FIDELITYBK4.0577.00   12,603,506.00     51,061,662.03
LINKASSURE0.424.00     8,002,888.00        3,301,270.72
ACCESSCORP8.10115.00     6,032,703.00     49,284,365.50
ZENITHBANK21.35224.00     4,904,553.00   104,235,521.05

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
FBNH11.00310.00   21,761,678.00   237,352,064.45
MTNN197.00157.00     1,180,404.00   232,096,243.90
ZENITHBANK21.35224.00     4,904,553.00   104,235,521.05
GUINNESS60.50213.00     1,639,450.00     91,419,491.15
NB41.25141.00     1,879,034.00     76,773,073.15
GTCO19.45224.00     3,584,053.00     69,289,357.20
FIDELITYBK4.0577.00   12,603,506.00     51,061,662.03

OUTLOOK

All the sectors showed appreciative gains as Market closes for the week. We however, expect mixed sentiment to continue in the coming the week, as pre-election risks amplify.

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