The Nigeria Equity Market closed trading activities for today, Monday (08/08/2022) negative, as the NGX-ASI dropped by 0.46% to N50,489.73 from 50,722.33 indicating a YTD return of +18.20%. A sell-off in all the sectors except in oil, industrial and consumer goods sector led to the dip in the market. Similarly, the market capitalization decreased by N125.45 billion to N27.23 trillion from N27.36 trillion . The market turnover increased to N2.12 billion from N1.93 billion. The market breadth was negative at 0.67x, as 10 stocks advanced and 15stocks declined, while 83 remained unchanged. JAPAULGOLD topped the gainers’ list with +8.82%, while RTBRISCOE dropped by -10% to lead the losers’ chart. Also, FBNH recorded the highest volume of trade and the highest value of trade for the day.
Stocks whose share prices lost during intra-day trading include: RTBRISCOE (-10.00%), IMG (-9.84%), SKYAVN (-9.60%), ELLAHLAKES (-9.60%), CAVERTON (-6.84%), CUTIX (-6.25%), TRANSCORP (-6.09%), UPDC (-4.42%), ZENITHBANK (-2.97%), MTNN (-2.28%), FCMB (-1.93%), FBNH (-1.37%), NGXGROUP (-0.73%), STERLNBANK (-0.66%), GTCO (+0.49%),and GTCO (-0.49%).

Click here for more on the price list
MARKET STATISTICS
| CAP | N27,232,545,509,855.00 | One Day (ASI CHG) | -0.46 |
| Index | 50,489.73 | One Week (ASI CHG) | +1.08% |
| Volume | 207,195,714 | One Month (ASI CHG) | -2,07% |
| Value | N2,119,340,523.61 | Six Months (ASI CHG) | +7.29% |
| Deals | 4,234 | 52 Weeks (ASI CHG) | +30.09% |
| Gainers | 10 | Losers | 15 |
| Unchanged | 83 | Total | 108 |
| YTD Returns | +18.20% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.46 |
| NGX30 | -0.62 |
| NGXBNK | -1.1 |
| NGXCNSMRGDS | 0.17 |
| NGXINDUSTR | -0.01 |
| NGXINS | 1.36 |
| NGXLOTUSISLM | -0.39 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| JAPAULGOLD | 0.34 | 0.37 | 0.03 | 8.82 |
| HONYFLOUR | 2.79 | 2.95 | 0.16 | 5.73 |
| CORNERST | 0.71 | 0.75 | 0.04 | 5.63 |
| LASACO | 0.93 | 0.98 | 0.05 | 5.38 |
| UCAP | 12.25 | 12.80 | 0.55 | 4.49 |
| AIICO | 0.55 | 0.57 | 0.02 | 3.64 |
| FLOURMILL | 32.00 | 32.90 | 0.90 | 2.81 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| RTBRISCOE | 0.40 | 0.36 | -0.04 | -10.00 |
| IMG | 9.15 | 8.25 | -0.90 | -9.84 |
| SKYAVN | 6.25 | 5.65 | -0.60 | -9.60 |
| ELLAHLAKES | 3.96 | 3.58 | -0.38 | -9.60 |
| CAVERTON | 1.17 | 1.09 | -0.08 | -6.84 |
| CUTIX | 2.40 | 2.25 | -0.15 | -6.25 |
| TRANSCORP | 1.15 | 1.08 | -0.07 | -6.09 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 10.80 | 209.00 | 74,628,866.00 | 820,152,299.00 |
| MULTIVERSE | 1.88 | 14.00 | 20,494,641.00 | 38,529,953.43 |
| ACCESSCORP | 9.00 | 190.00 | 12,348,308.00 | 111,163,677.75 |
| AIICO | 0.57 | 125.00 | 11,575,864.00 | 6,381,390.84 |
| ZENITHBANK | 21.25 | 414.00 | 10,232,994.00 | 219,146,224.25 |
| ELLAHLAKES | 3.58 | 10.00 | 10,055,736.00 | 35,999,898.58 |
| JAPAULGOLD | 0.37 | 32.00 | 7,606,495.00 | 2,814,403.15 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 10.80 | 209.00 | 74,628,866.00 | 820,152,299.00 |
| ZENITHBANK | 21.25 | 414.00 | 10,232,994.00 | 219,146,224.25 |
| MTNN | 210.00 | 285.00 | 925,116.00 | 194,585,378.10 |
| GTCO | 20.50 | 343.00 | 6,669,187.00 | 137,247,393.90 |
| SEPLAT | 1430.50 | 32.00 | 88,740.00 | 122,392,439.20 |
| ACCESSCORP | 9.00 | 190.00 | 12,348,308.00 | 111,163,677.75 |
| NGXGROUP | 20.45 | 76.00 | 2,188,370.00 | 44,660,670.95 |
OUTLOOK
We expect mixed sentiments to continue in the coming week, as more companies’ release their Q2 results.

