The Nigeria Equity Market closed trading activities for today Thursday (29/09/2022) negative as the NGX-ASI fell by 0.42% to 48,964.83 from 49,171.70; indicating a YTD return of +14.63%.
Similarly, the market capitalization decreased by N111.38 billion to N 26.42trillion from N26.53trillion. The market turnover increased to N2.25 billion from N1.20 billion.
The market breadth was negative at 0.86x, as 12 stocks advanced and 14 stocks declined, while 73 stocks remained unchanged. JAIZBANK topped the gainers’ list with +9.21%, while NESTLE declined by -10.00% to lead the losers’ chart. Also, JAIZBANK recorded the highest volume; while AIRTELAFRI recorded the highest value for the day.
Stocks whose share prices lost during intra-day trading include:
AFRIPRUD(-8.26%),FCMB(-6.00%), AIICO(-5.45%), RTBRISCOE(-3.13%), UCAP(-4.26%), UNITYBNK(-2.27%), UBA(-2.11%), CADBURY(-1.18%), GTCO(-1.11%), INTBREW(-1.00%), ACADEMY(-0.66%) and OANDO(-0.21%).
Read: NGX Price List for Thursday, 29 September 2022
MARKET STATISTICS
| CAP | N 26,419,630,248,346.00 | One Day (ASI CHG) | -0.42% |
| Index | 48,964.83 | One Week (ASI CHG) | -0.46% |
| Volume | 220,769,760 | One Month (ASI CHG) | -1.43% |
| Value | N2,252,540,860.00 | Six Months (ASI CHG) | +4.53% |
| Deals | 3192 | 52 Weeks (ASI CHG) | +23.67% |
| Gainers | 12 | Losers | 14 |
| Unchanged | 73 | Total | 99 |
| YTD Returns | +14.63 |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.42 |
| NGX30 | -0.48 |
| NGXBNK | -0.15 |
| NGXCNSMRGDS | -3.22 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.58 |
| NGXLOTUSISLM | -0.87 |
| NGXOILGAS | -0.03 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| JAIZBANK | 0.76 | 0.83 | 0.07 | 9.21 |
| IKEJAHOTEL | 1.14 | 1.24 | 0.10 | 8.77 |
| MULTIVERSE | 3.41 | 3.69 | 0.28 | 8.21 |
| CHIPLC | 0.53 | 0.57 | 0.04 | 7.55 |
| CHAMS | 0.27 | 0.29 | 0.02 | 7.41 |
| MAYBAKER | 3.50 | 3.74 | 0.24 | 6.86 |
| NAHCO | 5.40 | 5.70 | 0.30 | 5.56 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| NESTLE | 1350.00 | 1215.00 | -135.00 | -10.00 |
| AFRIPRUD | 5.45 | 5.00 | -0.45 | -8.26 |
| FCMB | 3.50 | 3.29 | -0.21 | -6.00 |
| AIICO | 0.55 | 0.52 | -0.03 | -5.45 |
| UCAP | 11.75 | 11.25 | -0.50 | -4.26 |
| RTBRISCOE | 0.32 | 0.31 | -0.01 | -3.13 |
| UNITYBNK | 0.44 | 0.43 | -0.01 | -2.27 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| JAIZBANK | 0.83 | 105 | 85,908,672 | 65,089,594.27 |
| ZENITHBANK | 20.00 | 305 | 14,171,390 | 282,446,952.75 |
| VERITASKAP | 0.20 | 3 | 11,288,570 | 2,257,714.00 |
| STANBIC | 30.00 | 70 | 10,224,306 | 306,718,989.15 |
| GTCO | 17.80 | 376 | 10,003,173 | 179,598,105.05 |
| TRANSCORP | 1.03 | 77 | 9,466,356 | 9,708,857.62 |
| OANDO | 4.79 | 142 | 7,903,550 | 36,545,955.46 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 2000.00 | 5 | 200,023 | 360,041,400.00 |
| NESTLE | 1215.00 | 64 | 271,199 | 329,506,945.00 |
| STANBIC | 30.00 | 70 | 10,224,306 | 306,718,989.15 |
| ZENITHBANK | 20.00 | 305 | 14,171,390 | 282,446,952.75 |
| GTCO | 17.80 | 376 | 10,003,173 | 179,598,105.05 |
| NGXGROUP | 19.50 | 43 | 7,131,407 | 139,121,184.00 |
| SEPLAT | 1250.00 | 21 | 66,921 | 75,286,509.00 |
OUTLOOK
Equity market closes negative as investors begin to react to the recent rate hike by the MPC. We expect this trend to continue as more investors move into the fixed income market for maximum returns.
