The Nigeria Equity Market closed trading activities for today, Wednesday(17/08/2022) negative as the NGX-ASI dropped by 0.04% to 49,691.17 from 49,709.46 indicating a YTD return of +16.33%. Similarly, the market capitalization decreased by N9.87 billion to N26.80 trillion from N26.81 trillion . The market turnover increased to N4.12 billion from N1.64 billion. The market breadth was negative at 0.63x, as 10 stocks advanced and 16 stocks declined, while 80 remained unchanged. PRESTIGE topped the gainers’ list with +9.09%, while COURTVILLE declined by -9.80% to lead the losers’ chart. Also, FBNH recorded the highest volume of trade and while NESTLE recorded the highest value of trade for the day.
Stocks whose share prices lost during intra-day trading include: COURTVILLE (-9.80%), SCOA (-9.79%), SKYAVN (-9.73%), HONYFLOUR (-5.36%), CAVERTON (-3.81%), PZ (-3.23%), JAPAULGOLD (-2.94%), UBA (-0.71%), FBNH (-0.47%) and ZENITHBANK (-0.46%).

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MARKET STATISTICS
| CAP | N26,801,812,411,227.07 | One Day (ASI CHG) | -0.04% |
| Index | 49,691.17 | One Week (ASI CHG) | -0.77% |
| Volume | 128,786,284 | One Month (ASI CHG) | -4.83% |
| Value | N4,124,463,165.87 | Six Months (ASI CHG) | +5.50% |
| Deals | 3,492 | 52 Weeks (ASI CHG) | +25.64% |
| Gainers | 10 | Losers | 16 |
| Unchanged | 80 | Total | 106 |
| YTD Returns | +16.33% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.04 |
| NGX30 | -0.03 |
| NGXBNK | -0.21 |
| NGXCNSMRGDS | -0.07 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.86 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | -0.15 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| PRESTIGE | 0.44 | 0.44 | 0.48 | 0.04 | 9.09 |
| SOVRENINS | 0.25 | 0.25 | 0.27 | 0.02 | 8.00 |
| LASACO | 1.08 | 1.08 | 1.15 | 0.07 | 6.48 |
| UNITYBNK | 0.43 | 0.43 | 0.45 | 0.02 | 4.65 |
| ACADEMY | 2.08 | 2.08 | 2.13 | 0.05 | 2.40 |
| AIICO | 0.54 | 0.54 | 0.55 | 0.01 | 1.85 |
| FIDELITYBK | 3.05 | 3.05 | 3.08 | 0.03 | 0.98 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| COURTVILLE | 0.51 | 0.51 | 0.46 | -0.05 | -9.80 |
| SCOA | 1.94 | 1.94 | 1.75 | -0.19 | -9.79 |
| SKYAVN | 5.65 | 5.65 | 5.10 | -0.55 | -9.73 |
| REGALINS | 0.25 | 0.25 | 0.23 | -0.02 | -8.00 |
| HONYFLOUR | 2.80 | 2.80 | 2.65 | -0.15 | -5.36 |
| CAVERTON | 1.05 | 1.05 | 1.01 | -0.04 | -3.81 |
| CHAMS | 0.28 | 0.28 | 0.27 | -0.01 | -3.57 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FBNH | 10.7 | 95 | 28,366,254 | 303,228,894.65 |
| ZENITHBANK | 21.7 | 325 | 16,658,891 | 361,685,666.85 |
| UBA | 6.95 | 148 | 11,173,062 | 78,165,171.75 |
| CORNERST | 0.72 | 46 | 11,139,559 | 7,434,362.86 |
| UBN | 6 | 150 | 5,705,043 | 36,538,162.50 |
| ACCESSCORP | 8.5 | 165 | 5,487,607 | 46,590,675.85 |
| TRANSCORP | 1.08 | 93 | 4,874,063 | 5,088,075.64 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| NESTLE | 1300 | 72 | 2,080,039 | 2,705,931,969.60 |
| ZENITHBANK | 21.7 | 325 | 16,658,891 | 361,685,666.85 |
| FBNH | 10.7 | 95 | 28,366,254 | 303,228,894.65 |
| MTNN | 201 | 276 | 435,794 | 89,008,169.20 |
| GTCO | 20.3 | 223 | 4,255,070 | 86,387,629.85 |
| UBA | 6.95 | 148 | 11,173,062 | 78,165,171.75 |
| NGXGROUP | 20 | 46 | 2,388,276 | 47,769,535.00 |
OUTLOOK
The Nigerian equity market closed negative as investors continue to react to companies’ H’1 performances. We expect mixed sentiments to continue in the course of the week.

