Equity Market Closes the Week Positive as NGX-ASI Advances by 0.04%

The Nigeria Equity Market closed trading activities for today, Friday(26/08/2022) positive as the NGX-ASI increased by 0.04% to 49,682 from 49,661.87  indicating a YTD return of +16.31%. Similarly, the market capitalization increased by N10.95 billion to N26.80 trillion from N26.79 trillion. The market turnover increased to N4.64 billion from N2.76 billion. The market breadth was positive at 1.13x, as 17 stocks advanced and 15 stocks declined, while 70 remained unchanged. JAPAULGOLD topped the gainers’ list with +9.68%, while ELLAHLAKES declined by -10.00% to lead the losers’ chart. Also, JAIZBANK recorded the highest volume; while NESTLE recorded the highest value of trade for the day.  

Stocks whose share prices gained during intra-day trading include:  MBENEFIT(+7.14%), FCMB(+5.96%), UNITYBANK(+5.00%), ACADEMY(+4.39%), MULTIVERSE(+4.35%), NESTLE(+3.28%), JAIZBANK(+1.18%), OANDO(+1.00%), FBNH(+0.93%) UBA(+0.70%), and STERLN(+0.66%).

Click here for more on the price list

MARKET STATISTICS

CAP N26,796,937,458,129.23 One Day (ASI CHG) +0.04%
Index 49,682.15 One Week (ASI CHG) +0.63%
Volume 193,512,172.00 One Month (ASI CHG) -1.51%
Value N4,640,951,490.99 Six Months (ASI CHG) +4.97%
Deals 3,307.00 52 Weeks (ASI CHG) +25.85%
Gainers 17  Losers 15
Unchanged 70  Total 102
  YTD Returns +16.31  

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI 0.04
NGX30 0.06
NGXBNK -0.67
NGXCNSMRGDS 0.51
NGXINDUSTR -0.01
NGXINS -0.39
NGXLOTUSISLM 0.28
NGXOILGAS 0.16

Top 7 Gainers

Security Previous Close Close Price Change Price % Change
JAPAULGOLD 0.31 0.34 0.03 9.68
MBENEFIT 0.28 0.30 0.02 7.14
FCMB 3.02 3.20 0.18 5.96
UNITYBNK 0.40 0.42 0.02 5.00
ACADEMY 2.05 2.14 0.09 4.39
IKEJAHOTEL 1.15 1.20 0.05 4.35
MULTIVERSE 2.30 2.40 0.10 4.35

Top 7 Losers

Security Previous Close Close Price Change Price % Change
ELLAHLAKES 4.00 3.60 -0.40 -10.00
VITAFOAM 22.50 20.30 -2.20 -9.78
NPFMCRFBK 1.65 1.50 -0.15 -9.09
CHAMS 0.27 0.25 -0.02 -7.41
UBN 6.00 5.60 -0.40 -6.67
LASACO 1.01 0.96 -0.05 -4.95
GUINNESS 84.00 80.00 -4.00 -4.76

Top 7 Traders By Volume

Security Close Price Number of Trades Daily Volume Daily Value
JAIZBANK 0.86 56 45,911,264 39,048,788.47
FBNH 10.85 213 24,946,797 270,977,394.40
ACCESSCORP 8.20 175 18,928,920 154,891,633.05
NEM 5.00 48 11,093,678 51,453,178.94
GTCO 20.00 320 9,336,661 186,903,079.85
CUSTODIAN 6.50 29 9,132,853 59,362,937.30
MBENEFIT 0.30 32 8,182,091 2,448,349.82

Top 7 Traders By Value

Security Close Price Number of Trades Daily Volume Daily Value
NESTLE 1350.00 53 2,256,674 3,046,023,634.30
FBNH 10.85 213 24,946,797 270,977,394.40
MTNN 200.00 235 1,319,797 263,665,343.70
GTCO 20.00 320 9,336,661 186,903,079.85
ACCESSCORP 8.20 175 18,928,920 154,891,633.05
ZENITHBANK 21.90 224 6,780,399 149,004,312.35
BUAFOODS 55.80 46 1,834,586 101,151,139.70

 

OUTLOOK

The domestic equity market closes the week on a positive note; driven by investors’ bargain hunting on some bell-whether stocks. We expect mixed reactions to continue in the coming week.

WhatsApp
Facebook
LinkedIn
X