The Nigeria Equity Market closed trading activities for today Wednesday (28/09/2022) negative as the NGX-ASI rose by 0.02% 49,171.7 to from 49,163.81indicating a YTD return of +15.11%.
Similarly, the market capitalization increased by N12.5 billion to N 26.53trillion from N26.52trillion. The market turnover decreased to N1.20 billion from N1.61 billion.
The market breadth was negative at 0.35x, as 7 stocks advanced and 20 stocks declined, while 77 stocks remained unchanged. CHAMS topped the gainers’ list with +8.00% each respectively, while JAPAULGOLD declined by -10.00% to lead the losers’ chart. Also, GTCO recorded the highest volume and value for the day.
Stocks whose share prices loss during intra-day trading include:
JAPAULGOLD(-10.00%),ROYALEX(-9.80%), CHIPLC(-8.62%), RTBRISCOE(-8.57%), FIDSON(-7.54%), COURTVILLE(-6.12%), NAHCO(-6.09%), IKEJAHOTEL(-5.00%), GTCO(-4.00%), ACCESSCORP(-2.98%), REDSTAREX(-2.54%) and INTBREW(-1.96%).
Read: NGX Price List for Wednesday, 28 September 2022
MARKET STATISTICS
| CAP | N 26,531,008,118,904.57 | One Day (ASI CHG) | 0.02% |
| Index | 49,171.7 | One Week (ASI CHG) | -0.51% |
| Volume | 101,569,060 | One Month (ASI CHG) | -1.03% |
| Value | N1,197,954,228.19 | Six Months (ASI CHG) | +4.70% |
| Deals | 3,421.00 | 52 Weeks (ASI CHG) | +26.54% |
| Gainers | 7 | Losers | 20 |
| Unchanged | 77 | Total | 104 |
| YTD Returns | +15.`11 |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.02 |
| NGX30 | 0 |
| NGXBNK | -1.01 |
| NGXCNSMRGDS | -0.09 |
| NGXGROWTH | 0.00 |
| NGXINDUSTR | 1.1 |
| NGXINS | -0.05 |
| NGXOILGAS | 0.34 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % CHANGE |
| CHAMS | 0.25 | 0.27 | 0.02 | 8.00 |
| ARDOVA | 12.8 | 13.75 | 0.95 | 7.42 |
| SOVRENINS | 0.28 | 0.29 | 0.01 | 3.57 |
| BUACEMENT | 50.45 | 52 | 1.55 | 3.07 |
| JAIZBANK | 0.74 | 0.76 | 0.02 | 2.70 |
| STERLNBANK | 1.5 | 1.53 | 0.03 | 2.00 |
| AIICO | 0.54 | 0.55 | 0.01 | 1.85 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| JAPAULGOLD | 0.3 | 0.27 | -0.03 | -10.00 |
| ROYALEX | 1.02 | 0.92 | -0.1 | -9.80 |
| CHIPLC | 0.58 | 0.53 | -0.05 | -8.62 |
| RTBRISCOE | 0.35 | 0.32 | -0.03 | -8.57 |
| FIDSON | 9.95 | 9.2 | -0.75 | -7.54 |
| COURTVILLE | 0.49 | 0.46 | -0.03 | -6.12 |
| NAHCO | 5.75 | 5.4 | -0.35 | -6.09 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 18 | 563 | 14,336,674.00 | 259,042,966.65 |
| ZENITHBANK | 19.9 | 383 | 11,555,622.00 | 228,904,520.45 |
| FBNH | 10 | 107 | 6,275,275.00 | 61,233,349.50 |
| TRANSCORP | 1.02 | 77 | 6,195,640.00 | 6,267,124.46 |
| CHAMS | 0.27 | 37 | 5,704,221.00 | 1,482,220.92 |
| UBA | 7.1 | 118 | 4,645,633.00 | 32,966,247.95 |
| FIDELITYBK | 3.7 | 109 | 4,455,573.00 | 15,827,378.00 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 18 | 563 | 14,336,674.00 | 259,042,966.65 |
| ZENITHBANK | 19.9 | 383 | 11,555,622.00 | 228,904,520.45 |
| MTNN | 200 | 238 | 781,831.00 | 156,174,746.10 |
| NESTLE | 1350 | 62 | 64,121.00 | 77,914,221.90 |
| FBNH | 10 | 107 | 6,275,275.00 | 61,233,349.50 |
| NB | 48.4 | 101 | 1,002,300.00 | 45,153,916.80 |
| UBA | 7.1 | 118 | 4,645,633.00 | 32,966,247.95 |
OUTLOOK
Equity market closes flat. Investors apatite’s is likely to inclined towards fixed income securities following the interest rate hike from 14% to 15.5% by the Monetary Policy Committee of the CBN.
