The Nigeria Equity Market closed trading activities for today Tuesday (25/10/2022) positive as the NGX-ASI increased by 0.73% to 44,788.14 from 44,461.63; indicating a YTD return of +4.85%.
Similarly, the market capitalization increased by N177.84 billion to N24.30 trillion from N24.22trillion. The market turnover increased to N2.72billion from N2.17 billion.
The market breadth was negative at 0.47x as 9 stocks advanced and 19 stocks declined, while 76 stocks remained unchanged. BUACEMENTtopped the gainers’ list with +10.00%, while ROYALEX declined by -9.64% to lead the losers’ chart. Also, MBENEFIT recorded the highest volume and AIRTELAFRI the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
BUACEMENT(+10.00%), SUNUASSUR(+9.38%), JAIZBANK(+8.99%), UBN(+8.47%), RTBRISCOE(+7.14%), SOVRENINS(+4.00%), JAPAULGOLD(+3.70%),STERLNBANK(+2.63%)and TRANSCORP(+1.90)
Read: NGX Price List for Tuesday, 25th October 2022
MARKET STATISTICS
| CAP | N24,394,892,373,044.41 | One Day (ASI CHG) | +0.73% |
| Index | 44,788.14 | One Week (ASI CHG) | -1.27% |
| Volume | 158,619,796.00 | One Month (ASI CHG) | -8.65% |
| Value | N2,723,534,210.55 | Six Months (ASI CHG) | -7.74% |
| Deals | 3,372.00 | 52 Weeks (ASI CHG) | +7.11% |
| Gainers | 9 | Losers | 19 |
| Unchanged | 76 | Total | 104 |
| YTD Returns | +4.85 |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.73 |
| NGX30 | 0.88 |
| NGXBNK | 0.49 |
| NGXCNSMRGDS | -0.09 |
| NGXINDUSTR | 4.01 |
| NGXINS | -0.24 |
| NGXLOTUSISLM | 1.24 |
| NGXOILGAS | -0.18 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| BUACEMENT | 62 | 68.2 | 6.2 | 10.00 |
| SUNUASSUR | 0.32 | 0.35 | 0.03 | 9.38 |
| JAIZBANK | 0.89 | 0.97 | 0.08 | 8.99 |
| UBN | 5.9 | 6.4 | 0.5 | 8.47 |
| RTBRISCOE | 0.28 | 0.3 | 0.02 | 7.14 |
| SOVRENINS | 0.25 | 0.26 | 0.01 | 4.00 |
| JAPAULGOLD | 0.27 | 0.28 | 0.01 | 3.70 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| ROYALEX | 0.83 | 0.75 | -0.08 | -9.64 |
| MULTIVERSE | 4.59 | 4.2 | -0.39 | -8.50 |
| MAYBAKER | 4.2 | 3.92 | -0.28 | -6.67 |
| CORNERST | 0.51 | 0.48 | -0.03 | -5.88 |
| NGXGROUP | 21.5 | 20.55 | -0.95 | -4.42 |
| FBNH | 9.6 | 9.2 | -0.4 | -4.17 |
| HONYFLOUR | 2.4 | 2.32 | -0.08 | -3.33 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MBENEFIT | 0.28 | 12 | 47,425,091 | 13,278,822.48 |
| STERLNBANK | 1.56 | 73 | 24,436,776 | 37,542,521.31 |
| JAIZBANK | 0.97 | 52 | 10,608,825 | 10,069,457.32 |
| FIDELITYBK | 3.68 | 108 | 10,310,601 | 37,892,736.11 |
| GTCO | 18.3 | 338 | 6,321,771 | 115,661,860.00 |
| ZENITHBANK | 19.75 | 280 | 5,284,248 | 105,036,178.00 |
| ACCESSCORP | 8 | 146 | 4,666,383 | 37,221,656.65 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1312.2 | 56 | 799,192 | 1,014,974,624.20 |
| MTNN | 197 | 184 | 4,404,470 | 847,955,686.40 |
| GTCO | 18.3 | 338 | 6,321,771 | 115,661,860.00 |
| ZENITHBANK | 19.75 | 280 | 5,284,248 | 105,036,178.00 |
| BUACEMENT | 68.2 | 82 | 1,357,984 | 85,835,176.25 |
| NB | 41.9 | 54 | 1,727,270 | 72,289,128.35 |
| NESTLE | 1215 | 28 | 55,574 | 60,770,169.00 |
OUTLOOK
We expect mixed sentiments to persist, as pre-election risks amplifies and investors anticipate the release of companies Q3 results.

