Equity Market Closes Flat For The Week, NGX-ASI Rises by 0.07%.

The Nigeria Equity Market closed trading activities for today Friday (04/11/2022) flat, as the NGX-ASI increased by 0.07% to 44,269.18 from 44,236.70 ; indicating a YTD return of +3.63%.

Similarly, the market capitalization increased by N17.69 billion to N24.11 trillion from N24.09 trillion. The market turnover increased to N4.59 billion from N1.91 billion.

The market breadth was positive at 1x as 14 stocks advanced and 14 stocks declined, while 76 stocks remained unchanged. FTNCOCOA topped the gainers’ list with +9.67 %, while CUSTODIAN declined by -9.23% to lead the losers’ chart. Also, ACCESSCORP recorded the highest volume and value for the day.

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

FTNCOCOA(+9.80%), REGALINS(+8.33%), LINKASSURE(+8.33%), GEREGU(+8.21%), TRANSEXPR(+8.11%), UACN(+7.14%), NGXGROUP(+4.48%), JAPAULGOLD(+3.57%), UBA(+2.94%), TRANSCORP(+1.92%), AIICO(+1.82%), PZ(+0.54%), UNILEVER(+0.50%) and UCAP(+0.44%).

Read: NGX Price List for Friday, 4th November 2022

MARKET STATISTICS

CAPN24,112,233,190,544.78One Day (ASI CHG)-0.10%
Index44,269.18One Week (ASI CHG)-0.81%
Volume705,916,186.00One Month (ASI CHG)-9.43%
ValueN4,594,100,053.15Six Months (ASI CHG)-11.68%
Deals3,472.0052 Weeks (ASI CHG)+5.54%
Gainers14 Losers14
Unchanged79Total 107
YTD Returns+3.63%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.07
NGX300.01
NGXBNK-0.29
NGXCNSMRGDS0.01
NGXINDUSTR-0.02
NGXINS0.87
NGXLOTUSISLM-0.02
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% Change 
FTNCOCOA0.310.340.039.68
REGALINS0.240.260.028.33
LINKASSURE0.360.390.038.33
GEREGU110.91209.18.21
TRANSEXPR0.740.80.068.11
UACN8.490.67.14
NGXGROUP20.1210.94.48

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% Change 
CUSTODIAN6.55.9-0.6-9.23
CHAMS0.250.23-0.02-8.00
ACADEMY1.351.26-0.09-6.67
JAIZBANK0.990.94-0.05-5.05
CAP17.7516.9-0.85-4.79
CUTIX2.152.05-0.1-4.65
FIDSON8.698.31-0.38-4.37

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
ACCESSCORP7.95222    190,372,575  1,523,701,042.70
FIDELITYBK4.191      43,266,673      177,416,730.69
GTCO17.6476      19,638,839      345,676,951.85
GEREGU12077      13,406,932  1,378,406,838.70
ZENITHBANK19.85261      10,137,402      201,560,007.65
CUSTODIAN5.922      10,052,852        59,310,176.05
TRANSCORP1.0653         9,260,200           9,680,062.05

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
ACCESSCORP7.95222    190,372,575  1,523,701,042.70
GEREGU12077      13,406,932  1,378,406,838.70
GTCO17.6476      19,638,839      345,676,951.85
MTNN196247         1,748,022      342,747,709.70
ZENITHBANK19.85261      10,137,402      201,560,007.65
FIDELITYBK4.191      43,266,673      177,416,730.69
CUSTODIAN5.922      10,052,852        59,310,176.05

OUTLOOK

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

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