The Nigeria Equity Market closed trading activities for today Friday (21/10/2022) positive as the NGX-ASI increased by 0.15% to 44,396.73 from 44,332.21; indicating a YTD return of +3.93%.
Similarly, the market capitalization increased by N35.14 billion to N24.18 trillion from N 24.15 trillion. The market turnover decreased to N1.88 billion from N3.20 billion.
The market breadth was positive at 1.07x as 16 stocks advanced and 15 stocks declined, while 75 stocks remained unchanged. ACADEMY topped the gainers’ list with +9.77%, while NEM declined by -9.98% to lead the losers’ chart. Also, FIDELITYBNK recorded the highest volume and AIRTELAFRI the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
ACADEMY(+9.77%), STERLNBANK(+3.95%), CHAMS(+3.85%), MBENEFIT(+3.57%), TRANSCORP(+2.83%), DANGSUGAR(+2.52%), CORNERST(+2.00%), BUACEMENT(+1.64%), WAPCO(+1.39%), UPDC(+1.04%), FIDELITYBK(+0.80%), FCMB(+0.62%), CUTIX(+0.47%), GTCO(+0.27%), NB(+0.24%) and FIDSON(+0.22%).
Read: NGX Price List for Friday, 21st October 2022
MARKET STATISTICS
| CAP | N24,181,703,082,038.27 | One Day (ASI CHG) | +0.15% |
| Index | 44,396.73 | One Week (ASI CHG) | -6.67% |
| Volume | 95,183,857.00 | One Month (ASI CHG) | -10.17% |
| Value | N1,884,357,366.43 | Six Months (ASI CHG) | -7.94% |
| Deals | 2,888.00 | 52 Weeks (ASI CHG) | +6.46% |
| Gainers | 16 | Losers | 15 |
| Unchanged | 75 | Total | 106 |
| YTD Returns | +3.93 |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.15 |
| NGX30 | 0.24 |
| NGXBNK | -0.35 |
| NGXCNSMRGDS | 0.15 |
| NGXINDUSTR | 0.77 |
| NGXINS | -3.48 |
| NGXLOTUSISLM | 0.24 |
| NGXOILGAS | 0 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| ACADEMY | 1.33 | 1.46 | 0.13 | 9.77 |
| STERLNBANK | 1.52 | 1.58 | 0.06 | 3.95 |
| CHAMS | 0.26 | 0.27 | 0.01 | 3.85 |
| MBENEFIT | 0.28 | 0.29 | 0.01 | 3.57 |
| TRANSCORP | 1.06 | 1.09 | 0.03 | 2.83 |
| DANGSUGAR | 15.9 | 16.3 | 0.4 | 2.52 |
| CORNERST | 0.5 | 0.51 | 0.01 | 2.00 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| NEM | 4.91 | 4.42 | -0.49 | -9.98 |
| ROYALEX | 0.92 | 0.83 | -0.09 | -9.78 |
| MORISON | 2.19 | 1.98 | -0.21 | -9.59 |
| SOVRENINS | 0.28 | 0.26 | -0.02 | -7.14 |
| WAPIC | 0.36 | 0.34 | -0.02 | -5.56 |
| AIICO | 0.58 | 0.55 | -0.03 | -5.17 |
| UACN | 9 | 8.6 | -0.4 | -4.44 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FIDELITYBK | 3.8 | 180 | 26,591,752 | 100,680,556.02 |
| ZENITHBANK | 20.05 | 208 | 10,767,051 | 215,436,732.85 |
| GTCO | 18.5 | 301 | 8,238,735 | 152,554,969.75 |
| ACCESSCORP | 8.05 | 148 | 8,211,298 | 65,857,475.45 |
| NGXGROUP | 21.5 | 72 | 5,812,537 | 122,486,292.00 |
| TRANSCORP | 1.09 | 40 | 3,075,466 | 3,239,938.53 |
| UPDCREIT | 3.05 | 103 | 2,838,628 | 8,044,788.60 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1312.2 | 80 | 783,491 | 978,827,920.20 |
| ZENITHBANK | 20.05 | 208 | 10,767,051 | 215,436,732.85 |
| GTCO | 18.5 | 301 | 8,238,735 | 152,554,969.75 |
| NGXGROUP | 21.5 | 72 | 5,812,537 | 122,486,292.00 |
| FIDELITYBK | 3.8 | 180 | 26,591,752 | 100,680,556.02 |
| ACCESSCORP | 8.05 | 148 | 8,211,298 | 65,857,475.45 |
| BUACEMENT | 62 | 55 | 471,938 | 28,685,438.50 |
OUTLOOK
We expect negative sentiments to persist, as pre-election risks amplifies.
