The Nigeria Equity Market closed trading activities for today Wednesday (2/11/2022) positive as the NGX-ASI increased by 1.23% to 44,283.02 from 43,745.73; indicating a YTD return of +3.67%.
Similarly, the market capitalization increased by N292.65 billion to N24.12 trillion from N23.82 trillion. The market turnover decreased to N1.53 billion from N4.01billion.
The market breadth was negative at 0.39x as 9 stocks advanced and 23stocks declined, while 73stocks remained unchanged. DANGCEM topped the gainers’ list with +8.84%, while MRS declined by -9.65% to lead the losers’ chart. Also, STERLNBANK recorded the highest volume, while MTNN recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
DANGCEM(+8.84%), CHAM(+4.35%), WAPIC(+2.86%), OANDO(+2.09%), NGXGROUP(+1.50%), FBNH(+1.01%), UNILEVER(+0.93%), BUAFOOD(+0.72%), and ETI(+0.50)
Read: NGX Price List for Tuesday, 2nd November 2022
MARKET STATISTICS
| CAP | N24,119,769,125,352.69 | One Day (ASI CHG) | 1.23% |
| Index | 44,283.02 | One Week (ASI CHG) | -1.29% |
| Volume | 155,406,684.00 | One Month (ASI CHG) | -9.67% |
| Value | N1,526,476,344.11 | Six Months (ASI CHG) | -10.79% |
| Deals | 3,796.00 | 52 Weeks (ASI CHG) | +5.40% |
| Gainers | 9 | Losers | 23 |
| Unchanged | 73 | Total | 105 |
| YTD Returns | +3.67% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.23 |
| NGX30 | 1.36 |
| NGXBNK | -0.9 |
| NGXGROWTH | 0.00 |
| NGXINDUSTR | 3.98 |
| NGXINS | -1.07 |
| NGXLOTUSISLM | 2.06 |
| NGXOILGAS | 0.21 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| DANGCEM | 220.50 | 240.00 | 19.50 | 8.84 |
| CHAMS | 0.23 | 0.24 | 0.01 | 4.35 |
| WAPIC | 0.35 | 0.36 | 0.01 | 2.86 |
| OANDO | 4.30 | 4.39 | 0.09 | 2.09 |
| NGXGROUP | 20.00 | 20.30 | 0.30 | 1.50 |
| FBNH | 9.90 | 10.00 | 0.10 | 1.01 |
| UNILEVER | 10.75 | 10.85 | 0.10 | 0.93 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| MRS | 12.95 | 11.70 | -1.25 | -9.65 |
| TRANSEXPR | 0.75 | 0.68 | -0.07 | -9.33 |
| UPDCREIT | 3.00 | 2.75 | -0.25 | -8.33 |
| UNITYBNK | 0.45 | 0.42 | -0.03 | -6.67 |
| UBA | 7.10 | 6.75 | -0.35 | -4.93 |
| CORNERST | 0.47 | 0.45 | -0.02 | -4.26 |
| SOVRENINS | 0.26 | 0.25 | -0.01 | -3.85 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| STERLNBANK | 1.39 | 175.00 | 24,284,547.00 | 33,499,225.71 |
| ACCESSCORP | 7.9 | 264.00 | 23,517,978.00 | 185,568,563.25 |
| FBNH | 10 | 140.00 | 14,256,908.00 | 140,992,308.30 |
| GTCO | 17.6 | 387.00 | 10,212,995.00 | 180,016,047.10 |
| FIDELITYBK | 4.19 | 169.00 | 10,027,285.00 | 42,085,184.40 |
| ZENITHBANK | 19.95 | 315 | 8,368,837.00 | 166,243,935.80 |
| UBA | 6.75 | 168 | 7,750,823.00 | 53,542,823.70 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 196 | 209 | 1,218,941.00 | 238,857,875.40 |
| ACCESSCORP | 7.9 | 264 | 23,517,978.00 | 185,568,563.25 |
| GTCO | 17.6 | 387 | 10,212,995.00 | 180,016,047.10 |
| ZENITHBANK | 19.95 | 315 | 8,368,837.00 | 166,243,935.80 |
| FBNH | 10 | 140 | 14,256,908.00 | 140,992,308.30 |
| DANGCEM | 240 | 92 | 529,403.00 | 123,184,167.40 |
| NGXGROUP | 20.3 | 48 | 3,324,319.00 | 65,025,952.10 |
OUTLOOK
We expect mixed sentiments to continue during the week, as pre-election risks amplify
