The Nigeria Equity Market closed for today, Thursday (28/07/2022) bearish, as the NGX dip further by 1.04% to 49,667.14 from 50,188.55 indicating a YTD return of +16.27%. Similarly, the market capitalization decreased by N281.18 billion to N26.78 trillion from N27.06 trillion. The market turnover decreased to N3.92 billion from N4.11 billion. The market breadth was negative at 0.36x, as 10 stocks advanced and 28 stocks declined, while 59 remained unchanged. UPDCREIT topped the gainers’ list with +9.23%, while LASACO dropped by -10% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume of trade and MTNN recorded the highest value of trade for the day.
Stocks whose share prices lost during intra-day trading include: LASACO (-10.00%), STANBIC(-9.98%), CADBURY(-9.94%), NESTLE(-9.84%), MANSARD(-9.47%), JAPAULGOLD(-8.70%), IKEJAHOTEL (-8.49%), AIICO(-8.47%), ZENITHBANK(-8.25%), WAPCO(-6.61%), UACN(-6.36%), UNILEVER(-5.33%), FLOURMILLS(-4.69%), GTCO(-3.57%), JBERGER(-3.36%), UBA(-2.86%), NGXGRP(-2.68%), INTBREW(-2.00%), FBNH(-1.35%), UBN(-0.99%), CUTIX(-0.99%), MULTIVERSE(-0.58%) and WEMABANK(-0.28%).
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MARKET STATISTICS
| CAP | N26,783,480,397,037.27 | One Day (ASI CHG) | -1.04% |
| Index | 49,667.14 | One Week (ASI CHG) | -4.71% |
| Volume | 206,217,186 | One Month (ASI CHG) | -4.12% |
| Value | N3,920,800,045.53 | Six Months (ASI CHG) | +7.49% |
| Deals | 5,053 | 52 Weeks (ASI CHG) | +28.04% |
| Gainers | 10 | Losers | 28 |
| Unchanged | 59 | Total | 97 |
| YTD Returns | +16.27% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -1.04 |
| NGX30 | -1.12 |
| NGXBNK | -3.54 |
| NGXCNSMRGDS | -3.77 |
| NGXINDUSTR | -0.46 |
| NGXINS | -3.19 |
| NGXLOTUSISLM | -1.03 |
| NGXOILGAS | 0.59 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| UPDCREIT | 3.25 | 3.55 | 0.30 | 9.23 |
| RTBRISCOE | 0.35 | 0.38 | 0.03 | 8.57 |
| CHAMS | 0.24 | 0.26 | 0.02 | 8.33 |
| CUSTODIAN | 6.30 | 6.80 | 0.50 | 7.94 |
| LIVESTOCK | 1.15 | 1.20 | 0.05 | 4.35 |
| OANDO | 4.76 | 4.95 | 0.19 | 3.99 |
| CHIPLC | 0.62 | 0.64 | 0.02 | 3.23 |
Top 7 Losers
| Security | Previous | Close | Change | % change |
| LASACO | 1.00 | 0.90 | -0.10 | -10.00 |
| STANBIC | 31.55 | 28.40 | -3.15 | -9.98 |
| CADBURY | 17.10 | 15.40 | -1.70 | -9.94 |
| NESTLE | 1400.00 | 1262.30 | -137.70 | -9.84 |
| MANSARD | 1.90 | 1.72 | -0.18 | -9.47 |
| JAPAULGOLD | 0.23 | 0.21 | -0.02 | -8.70 |
| COURTVILLE | 0.47 | 0.43 | -0.04 | -8.51 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.02 | 195 | 38,529,306 | 39,011,308 |
| ZENITHBANK | 18.90 | 723 | 16,934,539 | 333,741,942 |
| CHAMS | 0.26 | 32 | 13,586,276 | 3,327,369 |
| GTCO | 18.90 | 570 | 12,681,669 | 244,837,314 |
| UBA | 6.80 | 234 | 12,564,658 | 86,872,690 |
| ACCESSCORP | 8.50 | 176 | 10,856,562 | 92,243,121 |
| MTNN | 190.00 | 480 | 10,819,043 | 2,030,959,741 |
Top 7 Traders By Value
| Security | Close | Trades | Daily Volume | Daily Value |
| MTNN | 190.00 | 480 | 10,819,043 | 2,030,959,741 |
| ZENITHBANK | 18.90 | 723 | 16,934,539 | 333,741,942 |
| GTCO | 18.90 | 570 | 12,681,669 | 244,837,314 |
| NESTLE | 1262.30 | 41 | 105,907 | 133,709,621 |
| SEPLAT | 1430.50 | 75 | 84,332 | 120,076,667 |
| ACCESSCORP | 8.50 | 176 | 10,856,562 | 92,243,121 |
| UBA | 6.80 | 234 | 12,564,658 | 86,872,690 |
OUTLOOK
Sell pressure persists extending the bearish trend, as investors’ continue to react to prevailing sovereign risk and interest rate environment. We expect the trend till the end of the week.
