The Nigeria Equity Market closed trading activities for today Wednesday (23/11/2022) positive, as the NGX-ASI increased by 2.90% to 46,232.37 from 44,929.33 ; indicating a YTD return of+8.23%.
Similarly, the market capitalization increased by N709.74 billion to N25.18 trillion from N24.47 trillion. The market turnover decreased to N1.84 billion from N3.85 billion.
The market breadth was positive at 2.55x as 28 stocks advanced and 11 stocks declined, while 66 stocks remained unchanged. NSLTECH topped the gainers’ list with +10.00% while SCOA declined by -9.30% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
NSLTECH (+10.00%), DANGCEM (+9.98%), BUACEMENT (+9.72%), CORNERST (+9.09%), PRESTIGE (+8.11%), MANSARD (+7.74%),JAPAULGOLD (+7.69%), RTBRISCOE (+7.41%), VITAFOAM (+6.70%), TRANSCORP (+6.09%), UCAP (+5.69%), AIICO (+5.66%), and OANDO (+5.26%)
Read: NGX Price List for Wednesday, 23rd November 2022
MARKET STATISTICS
| CAP | N25,181,529,753,106.58 | One Day (ASI CHG) | +2.90% |
| Index | 46,232.37 | One Week (ASI CHG) | +4.96% |
| Volume | 187,906,726.00 | One Month (ASI CHG) | +4.13% |
| Value | N1,842,157,422.88 | Six Months (ASI CHG) | -12.62% |
| Deals | 3,458.00 | 52 Weeks (ASI CHG) | +6.88% |
| Gainers | 28 | Losers | 11 |
| Unchanged | 66 | Total | 105 |
| YTD Returns | +8.23% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 2.90 |
| NGX30 | 3.42 |
| NGXBNK | 1.82 |
| NGXCNSMRGDS | 0.33 |
| NGXINDUSTR | 9.25 |
| NGXINS | 3.66 |
| NGXLOTUSISLM | 3.98 |
| NGXOILGAS | 0.66 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| NSLTECH | 0.20 | 0.22 | 0.02 | 10.00 |
| DANGCEM | 238.50 | 262.30 | 23.80 | 9.98 |
| BUACEMENT | 72.00 | 79.00 | 7.00 | 9.72 |
| CORNERST | 0.44 | 0.48 | 0.04 | 9.09 |
| PRESTIGE | 0.37 | 0.40 | 0.03 | 8.11 |
| MANSARD | 1.68 | 1.81 | 0.13 | 7.74 |
| JAPAULGOLD | 0.26 | 0.28 | 0.02 | 7.69 |
Top 6 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| SCOA | 1.29 | 1.17 | -0.12 | -9.30 |
| ROYALEX | 0.78 | 0.71 | -0.07 | -8.97 |
| ETERNA | 5.67 | 5.40 | -0.27 | -4.76 |
| CUTIX | 2.12 | 2.02 | -0.10 | -4.72 |
| CHAMS | 0.23 | 0.22 | -0.01 | -4.35 |
| PZ | 9.80 | 9.50 | -0.30 | -3.06 |
| REDSTAREX | 2.37 | 2.30 | -0.07 | -2.95 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.22 | 130.00 | 26,530,005.00 | 31,460,993.52 |
| ACCESSCORP | 8.70 | 148.00 | 16,392,113.00 | 139,574,667.05 |
| ETI | 10.00 | 55.00 | 12,115,983.00 | 121,172,572.55 |
| GTCO | 20.50 | 328.00 | 11,549,011.00 | 233,580,179.90 |
| ZENITHBANK | 22.70 | 284.00 | 11,117,790.00 | 250,045,276.85 |
| AIICO | 0.56 | 37.00 | 7,307,459.00 | 4,007,339.06 |
| JAIZBANK | 0.90 | 36.00 | 6,316,327.00 | 5,645,051.20 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 22.70 | 284.00 | 11,117,790.00 | 250,045,276.85 |
| GTCO | 20.50 | 328.00 | 11,549,011.00 | 233,580,179.90 |
| BUACEMENT | 79.00 | 199.00 | 3,090,075.00 | 218,216,697.55 |
| DANGCEM | 262.30 | 45.00 | 820,191.00 | 212,352,969.40 |
| ACCESSCORP | 8.70 | 148.00 | 16,392,113.00 | 139,574,667.05 |
| ETI | 10.00 | 55.00 | 12,115,983.00 | 121,172,572.55 |
| AIRTELAFRI | 1270.00 | 39.00 | 74,518.00 | 92,461,142.70 |
OUTLOOK
We expect mixed sentiment to continue this week, as pre-election risks amplify.