Local Bourse Recedes by 0.24%, as Profit-taking Persists

The Nigeria Equity Market closed trading activities for today Tuesday (29/11/2022) negative, as the NGX-ASI decreased by 0.24% to 47,322.97 from 47,436.45; indicating a YTD return of +10.78%.

Similarly, the market capitalization decreased by N61.81 billion to N25.78 trillion from N25.83 trillion. The market turnover increased to N1.65 billion from N1.56 billion.

The market breadth was negative at 0.93x as 13 stocks advanced and 14 stocks declined, while 81 stocks remained unchanged. CHAMS topped the gainers’ list with +9.09%, while NEIMETH declined by – 7.97% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume, while MTNN recorded the highest value for the day.

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

NEIMETH(-7.97%), NB(-7.66%), CAVERTON(-5.68%), ETI(-5.16%), UBN(-4.58%), STANBIC(-4.23%),ACCESSCORP(-3.53%), AIICO(-1.82%), ROYALEX(-1.41%), ZENITHBANK(-1.36%), WEMABANK(-1.32%), STERLNBANK(-0.69%), UBA(-0.69%) and GTCO(-0.25%).

Read: NGX Price List for Tuesday, 29th November 2022

MARKET STATISTICS

CAPN25,775,545,893,045.34One Day (ASI CHG)-0.24%
Index47,322.97One Week (ASI CHG)+5.33%
Volume120,946,590One Month (ASI CHG)+7.77%
ValueN1,647,576,265.02Six Months (ASI CHG)-12.50%
Deals3,02252 Weeks (ASI CHG)+9.36%
Gainers 13 Losers 14
Unchanged 81Total 108
YTD Returns+10.78%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI-0.24
NGX30-0.28
NGXBNK-2.14
NGXCNSMRGDS-0.99
NGXINDUSTR 0.12
NGXINS 0.10
NGXLOTUSISLM 0.09
NGXOILGAS 0.00

Top 7 Gainers

SecurityPrevious CloseChange% change
CHAMS0.220.240.029.09
WAPIC0.330.350.026.06
NPFMCRFBK1.501.580.085.33
JAIZBANK0.820.850.033.66
FCMB3.253.350.103.08
NGXGROUP23.5024.000.502.13
FBNH11.0011.200.201.82

Top 7 Losers

SecurityPrevious CloseChange% change
NEIMETH1.381.27-0.11-7.97
NB48.9545.20-3.75-7.66
CAVERTON0.880.83-0.05-5.68
ETI10.6510.10-0.55-5.16
UBN6.556.25-0.30-4.58
STANBIC31.9030.55-1.35-4.23
ACCESSCORP8.508.20-0.30-3.53

Top 7 Traders by Volume

SecurityCloseTrades Volume     Value 
TRANSCORP1.17111  34,589,996   40,478,360
ACCESSCORP8.20117 11,170,020   94,915,084
ZENITHBANK21.70202 9,330,852   202,528,173
FBNH11.2096 8,731,795   96,615,642
GTCO19.90323 8,491,683  169,379,595
UBN6.2526 4,419,633  27,892,865
STANBIC30.5539 3,689,082  114,207,674

Top 7 Traders by Value

SecurityCloseTrades Volume   Value 
MTNN210.50214   1,688,543 354,281,064
ZENITHBANK21.70202   9,330,852 202,528,173
GTCO19.90323   8,491,683 169,379,595
NESTLE963.90123   115,888 115,014,133
STANBIC30.5539   3,689,082 114,207,674
FBNH11.2096   8,731,795 96,615,642
ACCESSCORP8.20117   11,170,020 94,915,084

OUTLOOK

We expect mixed sentiments to continue during the week,as pre-election risks amplify.

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