Equity Market Starts The Week Positive As NGX- ASI Advances By 0.45%

The Nigeria Equity Market closed trading activities for today Tuesday (11/10/2022) positive as the NGX-ASI advanced by 0.45% to 47,565.92 from 47,351.43 ; indicating a YTD return of +11.35%.

Similarly, the market capitalization increased by N 116.82 billion to N25.91 trillion from N25.79 trillion. The market turnover increased to N1.90 billion from N1.71 billion.

The market breadth was negative at 0.8 x, as 12 stocks advanced and 15 stocks declined, while 83 stocks remained unchanged. MAYBAKER topped the gainers’ list with +9.76%, while UPL declined by -8.54% to lead the losers’ chart. Also, GTCO recorded the highest volume and value for the day.

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

MAYBAKER(+9.76%),IKEJAHOTEL(+9.73%), BUACEMENT(+8.65%), CORNERST(+8.00%), UNITYBNK(+7.32%), CHAMS(+3.70%), UBA(+3.70%), JAIZBANK(+3.49%), ACCESSCORP(+2.63%), NGXGROUP(+2.38%), UCAP(+2.27%), and AFRIPRUD(+2.00%)

Read: NGX Price List for Tuesday, 11th October 2022

MARKET STATISTICS

CAPN25,907,877,805,219.23One Day (ASI CHG)0.45%
Index47,565.92One Week (ASI CHG)-2.69%
Volume125,652,029.00One Month (ASI CHG)-4.28%
ValueN1,902,261,374.60Six Months (ASI CHG)+1.49%
Deals4,188.0052 Weeks (ASI CHG)+16.83%
Gainers13 Losers14
Unchanged83Total110
YTD Returns+11.35

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.45
NGX300.52
NGXBNK0.65
NGXCNSMRGDS-0.1
NGXINDUSTR3.18
NGXINS0.24
NGXLOTUSISLM0.9
NGXOILGAS-2.41

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% Change
MAYBAKER3.694.050.369.76
IKEJAHOTEL1.131.240.119.73
BUACEMENT5256.54.58.65
CORNERST0.50.540.048.00
UNITYBNK0.410.440.037.32
CHAMS0.270.280.013.70
UBA6.7570.253.70

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% Change
UPL1.641.5-0.14-8.54
CADBURY12.2511.4-0.85-6.94
FTNCOCOA0.30.28-0.02-6.67
CAVERTON1.010.95-0.06-5.94
CUTIX2.162.06-0.10-4.63
FBNH9.99.5-0.40-4.04
SEPLAT12501200-50.00-4.00

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades         Daily Volume  Daily Value 
GTCO16.95682              38,865,494.00           659,095,300.75
FBNH9.5129              22,826,861.00           216,871,616.75
TRANSCORP1.05123                9,608,445.00              10,074,988.78
NGXGROUP21.544                6,274,586.00           134,526,555.90
CHAMS0.2816                5,307,418.00                1,448,372.04
ZENITHBANK19.4353                5,042,810.00              98,747,945.95
STERLNBANK1.5369                4,371,131.00                6,699,814.75

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
GTCO16.95682              38,865,494.00           659,095,300.75
SEPLAT120034                    257,566.00           308,413,875.00
FBNH9.5129              22,826,861.00           216,871,616.75
NGXGROUP21.544                6,274,586.00           134,526,555.90
BUACEMENT56.593                2,593,445.00           133,505,133.65
ZENITHBANK19.4353                5,042,810.00              98,747,945.95
GEREGU120.9232                    644,749.00              72,132,816.90

OUTLOOK

We expect mixed sentiments to continue this week, as investors settle into a new interest rate environment.

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