The Nigeria Equity Market closed for today, Thursday (21/07/2022) bearish, as the NGX-ASI decreased further by 0.12% to 52,122.00 from 52,186.52 indicating a YTD return of +22.02%. Similarly, the market capitalization decreased by N34.79 billion to N21.11 trillion from N28.14 trillion. The market turnover decreased to N2.16 billion from N3.34 billion. The market breadth was negative at 0.59x, as 13 stocks advanced and 22 stocks declined, while 69 remained unchanged. MULTIVERSE topped the gainers’’ list with +9.55%, while INTBREW dropped by -9.17% to lead the losers’ chart. Also, GTCO recorded the highest value and volume of trades for the day.
Stocks whose share prices lost during intra-day trading include: INTBREW (-9.17%),CAVERTON (-8.80%), RTBRISCOE (-8.33%), CHAMS (-7.41%), LASACO (-7.34%), NEM (-6.76%), JAIZBANK (-6.59%), UNITYBNK (-4.55%), SOVRENINS (-3.57%), GLAXOSMITH (-3.01%), STERLNBANK (-2.60%), HONYFLOUR (-2.40%), UBN (-1.92%), WAPCO (-1.89%) and GTCO (-0.24%).
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MARKET STATISTICS
| CAP | N28,107,287,094,835.69 | One Day (ASI CHG) | -0.12% |
| Index | 52,122.00 | One Week (ASI CHG) | +1.53% |
| Volume | 151,942,487 | One Month (ASI CHG) | +2.02% |
| Value | N2,157,012,777.76 | Six Months (ASI CHG) | +13.41% |
| Deals |
3,447.00 |
52 Weeks (ASI CHG) |
+37.33% |
| Gainers | 13 | Losers | 22 |
| Unchanged | 69 | Total | 104 |
| YTD Returns | +22.02% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.12 |
| NGX30 | -0.16 |
| NGXBNK | -0.36 |
| NGXCNSMRGDS | -0.41 |
| NGXINDUSTR | -0.14 |
| NGXINS | 0.79 |
| NGXLOTUSISLM | -0.06 |
| NGXOILGAS | 0.09 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| MULTIVERSE | 1.78 | 1.78 | 1.95 | 0.17 | 9.55 |
| CORNERST | 0.66 | 0.66 | 0.72 | 0.06 | 9.09 |
| REGALINS | 0.25 | 0.25 | 0.27 | 0.02 | 8.00 |
| AIICO | 0.61 | 0.61 | 0.64 | 0.03 | 4.92 |
| LEARNAFRCA | 2.50 | 2.50 | 2.60 | 0.10 | 4.00 |
| ACADEMY | 2.04 | 2.04 | 2.10 | 0.06 | 2.94 |
| CWG | 0.89 | 0.89 | 0.91 | 0.02 | 2.25 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | %Change |
| INTBREW | 5.45 | 5.45 | 4.95 | -0.50 | -9.17 |
| CAVERTON | 1.25 | 1.25 | 1.14 | -0.11 | -8.80 |
| RTBRISCOE | 0.48 | 0.48 | 0.44 | -0.04 | -8.33 |
| CHAMS | 0.27 | 0.27 | 0.25 | -0.02 | -7.41 |
| LASACO | 1.09 | 1.09 | 1.01 | -0.08 | -7.34 |
| NEM | 3.40 | 3.40 | 3.17 | -0.23 | -6.76 |
| JAIZBANK | 0.91 | 0.91 | 0.85 | -0.06 | -6.59 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 20.85 | 264 | 33,849,430.00 | 707,710,032.45 |
| UBA | 7.35 | 159 | 14,238,206.00 | 105,394,387.80 |
| UACN | 11.2 | 55 | 12,469,583.00 | 139,257,537.45 |
| ACCESSCORP | 9.1 | 153 | 10,355,068.00 | 94,091,675.25 |
| ZENITHBANK | 21.95 | 265 | 9,488,224.00 | 207,888,818.90 |
| FIDELITYBK | 3.09 | 135 | 9,163,088.00 | 27,602,307.82 |
| INTBREW | 4.95 | 122 | 8,222,692.00 | 42,697,477.05 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 20.85 | 264 | 33,849,430.00 | 707,710,032.45 |
| ZENITHBANK | 21.95 | 265 | 9,488,224.00 | 207,888,818.90 |
| MTNN | 229 | 251 | 801,631.00 | 176,528,339.40 |
| AIRTELAFRI | 1905.4 | 38 | 70,897.00 | 148,522,786.70 |
| NB | 49.75 | 74 | 2,843,361.00 | 141,416,020.70 |
| UACN | 11.2 | 55 | 12,469,583.00 | 139,257,537.45 |
| UBA | 7.35 | 159 | 14,238,206.00 | 105,394,387.80 |
OUTLOOK
Equity market closed trading activities for today negative, with continued sell-off trend in all the major market sector. We expect the sell off to continue through the week, As investors react to the interest rate hike.
