The Nigeria Equity Market closed trading activities for today Friday (23 /12/2022) positive, as the NGX-ASI grew by 0.42% to 49,706.09 from 49,499.43 ; indicating a YTD return of +16.36%.
Similarly, the market capitalization increased by N112.56 billion to N27.073 trillion from N26.96 trillion. The market turnover increased to N4.02 billion from N3.14 billion .
The market breadth was positive at 3.0x as 30 stocks advanced and 10 stocks declined, while 59 stocks remained unchanged. GEREGU topped the gainers’ list with +10.00%, while CHIPLC declined by -7.69% to lead the losers’ chart. Also, UPDCREIT recorded the highest volume , while MTNN recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
GEREGU(+10.00%), THOMASWY(+9.46%), SCOA( +9.09%),HONYFLOUR(+8.96%), WAPIC(+7.89%),MANSARD(+7.69%),CUSTODIAN(+6.25%),JAIZBANK(+6.02%), UPL(+5.56%), and NEIMETH(+5.47%).
Read: NGX Price List for Friday, 23rd December 2022
MARKET STATISTICS
| CAP | N27,073,568,912,496.03 | One Day (ASI CHG) | 0.42% |
| Index | 49,706.09 | One Week (ASI CHG) | +0.79% |
| Volume | 140,367,949.00 | One Month (ASI CHG) | +10.63% |
| Value | N4,020,302,626.88 | Six Months (ASI CHG) | -3.25% |
| Deals | 2,063.00 | 52 Weeks (ASI CHG) | +17.70% |
| Gainers | 30 | Losers | 10 |
| Unchanged | 59 | Total | 99 |
| YTD Returns | +15.88% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.42 |
| NGX30 | 0.35 |
| NGXBNK | 1.46 |
| NGXCNSMRGDS | -0.1 |
| NGXINDUSTR | 0.25 |
| NGXINS | 1.1 |
| NGXLOTUSISLM | 0.11 |
| NGXOILGAS | 0.36 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| GEREGU | 105.00 | 115.50 | 10.50 | 10.00 |
| THOMASWY | 0.74 | 0.81 | 0.07 | 9.46 |
| SCOA | 0.77 | 0.84 | 0.07 | 9.09 |
| HONYFLOUR | 2.12 | 2.31 | 0.19 | 8.96 |
| WAPIC | 0.38 | 0.41 | 0.03 | 7.89 |
| MANSARD | 1.82 | 1.96 | 0.14 | 7.69 |
| CUSTODIAN | 5.60 | 5.95 | 0.35 | 6.25 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| CHIPLC | 0.65 | 0.60 | -0.05 | -7.69 |
| CHAMS | 0.23 | 0.22 | -0.01 | -4.35 |
| CORNERST | 0.52 | 0.50 | -0.02 | -3.85 |
| MBENEFIT | 0.28 | 0.27 | -0.01 | -3.57 |
| INTBREW | 4.50 | 4.40 | -0.10 | -2.22 |
| UACN | 10.35 | 10.20 | -0.15 | -1.45 |
| DANGSUGAR | 15.70 | 15.50 | -0.20 | -1.27 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UPDCREIT | 3.00 | 21.00 | 50,387,999.00 | 151,162,410.00 |
| GEREGU | 115.50 | 96.00 | 12,891,172.00 | 1,344,302,907.00 |
| UACN | 10.20 | 47.00 | 10,497,693.00 | 110,380,989.55 |
| MTNN | 214.00 | 113.00 | 8,172,897.00 | 1,753,900,005.80 |
| ACCESSCORP | 8.65 | 108.00 | 6,419,181.00 | 55,056,260.90 |
| ZENITHBANK | 24.55 | 172.00 | 5,999,891.00 | 146,557,947.75 |
| FCMB | 3.50 | 51.00 | 5,580,186.00 | 19,521,508.90 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 214.00 | 113.00 | 8,172,897.00 | 1,753,900,005.80 |
| GEREGU | 115.50 | 96.00 | 12,891,172.00 | 1,344,302,907.00 |
| UPDCREIT | 3.00 | 21.00 | 50,387,999.00 | 151,162,410.00 |
| ZENITHBANK | 24.55 | 172.00 | 5,999,891.00 | 146,557,947.75 |
| UACN | 10.20 | 47.00 | 10,497,693.00 | 110,380,989.55 |
| SEPLAT | 1050.00 | 21.00 | 76,853.00 | 79,329,326.70 |
| GTCO | 22.45 | 147.00 | 2,729,814.00 | 61,086,914.95 |
OUTLOOK
We expect sustained positive sentiments given the renewed attractiveness of the financial sector
