The Nigeria Equity Market closed trading activities for today, Thursday(25/08/2022) positive as the NGX-ASI increased by 2.03% to 49,661.87 from 48,675.24 indicating a YTD return of +16.26%. Similarly, the market capitalization increased by N532.15 billion to N26.79 trillion from N26.25 trillion. The market turnover decreased to N2.76 billion from N3.37billion. The market breadth was positive at 1.64x, as 18 stocks advanced and 11 stocks declined, while 73 remained unchanged. CWG topped the gainers’ list with +10%, while MBENEFIT declined by -9.68% to lead the losers’ chart. Also, MBENEFIT recorded the highest volume; while MTNN recorded the highest value of trade for the day.
Stocks whose share prices gained during intra-day trading include: CWG(+10.00%), LEARNAFRICA(+9.78%), MULTIVERSE(+9.52%), CAVERTON(+9.52%), AIRTELAFRCA(+7.06%),OANDO(+4.17%), BUAFOODS(+3.33%), NEM(+3.31%), NGXGRP(+2.04%) CUTIX(+1.96%), NAHCO(+1.82%), AIICO(+1.82%) UBA(+1.43%) FIDELITYBNK(+0.99%) UCAP(+0.42%) and NESTLE(+0.34%)
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MARKET STATISTICS
| CAP | N26,253,887,597,104.84 | One Day (ASI CHG) | +2.03% |
| Index | 49,661.87 | One Week (ASI CHG) | +0.23% |
| Volume | 226,472,725 | One Month (ASI CHG) | -3.38% |
| Value | N2,763,577,220.63 | Six Months (ASI CHG) | +4.93% |
| Deals | 3,515 | 52 Weeks (ASI CHG) | +25.89% |
| Gainers | 18 | Losers | 11 |
| Unchanged | 73 | Total | 102 |
| YTD Returns | +16.26 |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 2.03 |
| NGX30 | 1.65 |
| NGXBNK | 0.19 |
| NGXCNSMRGDS | 0.77 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.35 |
| NGXLOTUSISLM | 2.16 |
| NGXOILGAS | 0.65 |
Top 7 Gainers
| Security | Previous | Close Price | Change Price | % change |
| CWG | 0.90 | 0.99 | 0.09 | 10.00 |
| LEARNAFRCA | 2.25 | 2.47 | 0.22 | 9.78 |
| CAVERTON | 1.05 | 1.15 | 0.10 | 9.52 |
| MULTIVERSE | 2.10 | 2.30 | 0.20 | 9.52 |
| CHAMS | 0.25 | 0.27 | 0.02 | 8.00 |
| AIRTELAFRI | 1905.40 | 2040.00 | 134.60 | 7.06 |
| LASACO | 0.95 | 1.01 | 0.06 | 6.32 |
Top 7 Losers
| Security | Previous | Close Price | Change Price | % change |
| MBENEFIT | 0.31 | 0.28 | -0.03 | -9.68 |
| HONYFLOUR | 2.97 | 2.72 | -0.25 | -8.42 |
| FLOURMILL | 29.05 | 27.00 | -2.05 | -7.06 |
| UNITYBNK | 0.42 | 0.40 | -0.02 | -4.76 |
| FCMB | 3.13 | 3.02 | -0.11 | -3.51 |
| FTNCOCOA | 0.30 | 0.29 | -0.01 | -3.33 |
| WAPIC | 0.40 | 0.39 | -0.01 | -2.50 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MBENEFIT | 0.28 | 124 | 74,543,562 | 22,838,322 |
| FBNH | 10.75 | 88 | 23,429,287 | 251,880,230 |
| ACCESSCORP | 8.20 | 189 | 15,845,163 | 130,191,874 |
| UBA | 7.10 | 153 | 15,252,885 | 107,071,378 |
| NEM | 5.00 | 71 | 13,484,739 | 62,124,029 |
| GTCO | 19.95 | 318 | 10,655,580 | 213,900,197 |
| TRANSCORP | 1.04 | 90 | 8,494,408 | 8,831,774 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 200.00 | 208 | 2,526,125 | 505,039,672 |
| NESTLE | 1307.40 | 23 | 332,199 | 434,230,977 |
| AIRTELAFRI | 2040.00 | 10 | 157,991 | 322,258,010 |
| FBNH | 10.75 | 88 | 23,429,287 | 251,880,230 |
| GTCO | 19.95 | 318 | 10,655,580 | 213,900,197 |
| ACCESSCORP | 8.20 | 189 | 15,845,163 | 130,191,874 |
| DANGCEM | 245.00 | 75 | 531,386 | 130,151,118 |
OUTLOOK
The bullish outcome of the stock market today was driven by investors’ bargain hunting in some bell-whether stocks. There are mixed expectations as investors continue to make investment decisions, as more companies release their Q2 results.
