Local Bourse Begins the Week Negative as NGX-ASI Dips by 0.05%

close up photo of monitor

The Nigeria Equity Market closed trading activities for today, Monday(22/08/2022) negative as the NGX-ASI fell by -0.05% to 49,346.40 from 49,370.62 indicating a YTD return of +15.52%.

Similarly, the market capitalization decreased by N13.99 billion to N26.62 trillion from N26.63 trillion. The market turnover decreased to N1.30 billion from  N1.63 billion. The market breadth was negative at 0.47x, as 9 stocks advanced and 19 stocks declined, while 73 remained unchanged.

COURTVILLE topped the gainers’ list with +9.09%, while FTNCOCOA declined by -9.09% 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 lost during intra-day trading include:  LASACO(-8.65%), WAPIC(-7.32%), ETI(-5.66%), NGXGROUP(-4.62%), JAIZBANK(-4.49%), AFRIPRUD(-3.45%), TRANSCORP(-1.87%), AIICO(-1.75%), ACADEMY(-1.44%), CORNEST(-1.37%), LIVESTOCK(-0.78%), GTCO(-0.25%) AND OANDO (-0.41%), UBA(-0.70%) and MRS(-0.69%).

See: NGX Price List for Friday, 26 August 2022

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% Change
COURTVILLE0.440.480.049.09
HONYFLOUR2.422.630.218.68
MBENEFIT0.250.270.028.00
NEM3.824.000.184.71
CHAMPION3.793.900.112.90
UCAP11.8012.000.201.69
FIDELITYBK3.063.070.010.33

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% Change
FTNCOCOA0.330.30-0.03-9.09
LASACO1.040.95-0.09-8.65
WAPIC0.410.38-0.03-7.32
ETI10.6010.00-0.60-5.66
NGXGROUP20.5519.60-0.95-4.62
JAIZBANK0.890.85-0.04-4.49
AFRIPRUD5.805.60-0.20-3.45

Top 7 Traders By Volume

SecurityClose PriceNumber of TradesDaily VolumeDaily Value
MBENEFIT0.275218,428,2724,975,617.44
TRANSCORP1.051019,230,8429,717,701.72
GTCO20.252808,576,247173,740,682.80
STERLNBANK1.51917,938,03011,909,195.13
ACCESSCORP8.301777,866,08765,415,991.40
ZENITHBANK22.002556,404,916140,825,028.35
JAIZBANK0.85476,175,2815,242,150.65

Top 7 Traders By Value

SecurityClose PriceNumber of TradesDaily VolumeDaily Value
MTNN196.003311,033,069206,423,041.60
GTCO20.252808,576,247173,740,682.80
ZENITHBANK22.002556,404,916140,825,028.35
DANGCEM258.8075413,409103,381,412.70
SEPLAT1419.902477,677100,865,226.00
OKOMUOIL195.3098411,72978,717,303.80
ACCESSCORP8.301777,866,08765,415,991.40

OUTLOOK

Profit-taking persists as investors continue to react to companies’ Q2 performance. We expect mixed sentiments in the course of the week.

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