The Nigeria Equity Market closed trading activities for today Wednesday (28 /12/2022) positive, as the NGX-ASI grew by 0.46% to 49,934.60 from 49,706.09 ; indicating a YTD return of +16.90%.
Similarly, the market capitalization increased by N124.47 billion to N27.20 trillion from N27.07 trillion. The market turnover decreased to N3.88 billion from N4.02 billion .
The market breadth was positive at 5.4x as 27 stocks advanced and 5 stocks declined, while 82 stocks remained unchanged. CHAMPION and CORNERST topped the gainers’ list with +10.00%, while RTBRISCOE declined by -7.41% to lead the losers’ chart. Also, VERITASKAP recorded the highest volume , while GEREGU recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
CHAMPION(+10.00%), CORNERST(+10.00%), GEREGU( +9.96%),WEMABANK(+9.94%), THOMASWY(+9.88%),SCOA(+9.52%),ROYALEX(+9.18%),CWG(+9.09%), CHIPLC(+8.33%), and NEIMETH(+7.41%).
Read: NGX Price List for Wednesday, 28th December 2022
MARKET STATISTICS
| CAP | N27,198,035,350,603.75 | One Day (ASI CHG) | 0.46% |
| Index | 49,934.60 | One Week (ASI CHG) | +0.93% |
| Volume | 498,727,626.00 | One Month (ASI CHG) | +5.01% |
| Value | N3,884,890,512.74 | Six Months (ASI CHG) | -3.86% |
| Deals | 3,989.00 | 52 Weeks (ASI CHG) | +18.15% |
| Gainers | 27 | Losers | 05 |
| Unchanged | 82 | Total | 114 |
| YTD Returns | +16.90% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.46 |
| NGX30 | 0.36 |
| NGXBNK | 1.38 |
| NGXCNSMRGDS | 1.07 |
| NGXINDUSTR | 0.00 |
| NGXINS | 1.37 |
| NGXLOTUSISLM | 0.17 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| CHAMPION | 4.7 | 5.17 | 0.47 | 10.00 |
| CORNERST | 0.5 | 0.55 | 0.05 | 10.00 |
| GEREGU | 115.5 | 127 | 11.5 | 9.96 |
| WEMABANK | 3.22 | 3.54 | 0.32 | 9.94 |
| THOMASWY | 0.81 | 0.89 | 0.08 | 9.88 |
| SCOA | 0.84 | 0.92 | 0.08 | 9.52 |
| ROYALEX | 0.98 | 1.07 | 0.09 | 9.18 |
Top 5 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| RTBRISCOE | 0.27 | 0.25 | -0.02 | -7.41 |
| FTNCOCOA | 0.29 | 0.28 | -0.01 | -3.45 |
| WAPIC | 0.41 | 0.4 | -0.01 | -2.44 |
| STERLNBANK | 1.41 | 1.39 | -0.02 | -1.42 |
| PZ | 11.4 | 11.35 | -0.05 | -0.44 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| VERITASKAP | 0.2 | 24 | 348,544,846 | 69,708,972.06 |
| ACCESSCORP | 8.7 | 196 | 28,933,312 | 248,248,285.50 |
| GTCO | 23.3 | 339 | 25,744,689 | 587,592,006.10 |
| GEREGU | 127 | 142 | 8,683,517 | 1,025,418,723.70 |
| AIICO | 0.56 | 43 | 8,288,933 | 4,618,120.02 |
| WEMABANK | 3.54 | 81 | 5,765,525 | 20,234,577.61 |
| ZENITHBANK | 24.9 | 285 | 5,052,690 | 123,746,753.45 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GEREGU | 127 | 142 | 8,683,517 | 1,025,418,723.70 |
| GTCO | 23.3 | 339 | 25,744,689 | 587,592,006.10 |
| NESTLE | 1000 | 102 | 535,718 | 535,056,732.80 |
| SEPLAT | 1050 | 21 | 391,107 | 408,840,968.90 |
| ACCESSCORP | 8.7 | 196 | 28,933,312 | 248,248,285.50 |
| DANGCEM | 261 | 112 | 610,535 | 159,778,916.00 |
| MTNN | 214 | 194 | 707,656 | 151,853,117.20 |
OUTLOOK
We expect sustained positive sentiments given the renewed attractiveness of the financial sector
