Nigeria Stock Market Closes Trading Activities Flat As Bulls, Bears Fight For Dominance.

The Nigeria Equity Market open trading activities for today Thursday (22 /12/2022) flat, as the NGX-ASI grew by 0.05 % to 49,499.43 from 49,475.43 ; indicating a YTD return of +15.88%.

Similarly, the market capitalization increased by N13.08 billion to N26.961 trillion from N26.947 trillion. The market turnover decreased to N3.14 billion from N6.35 billion .

The market breadth was positive at 1.91x as 17 stocks advanced and 15 stocks declined, while 70 stocks remained unchanged. JBERGER topped the gainers’ list with +9.91%, while UPDCREIT declined by -6.45% to lead the losers’ chart. Also, FBNH recorded the highest volume , while AIRTELAFRI recorded the highest value for the day.

Stocks whose share prices gained during intra-day trading include:

JBERGER(+9.91%), CHAMPION(+9.30%), ARDOVA( +9.20%), THOMASWY(+8.82%), JAPAULGOLD(+7.69%),ACADEMY(+7.44%),ROYALEX(+5.38%),CHAMS(+4.55%), FBNH(+4.05%), and STANBIC(+3.90%).

Read: NGX Price List for Thursday, 22nd December 2022

MARKET STATISTICS

CAPN26,961,009,001,366.55One Day (ASI CHG)0.05%
Index49,499.43One Week (ASI CHG)+0.55%
Volume132,571,047.00One Month (ASI CHG)+10.17%
ValueN3,144,020,832.97Six Months (ASI CHG)-3.65%
Deals2,999.0052 Weeks (ASI CHG)+17.17%
Gainers 17 Losers 15
Unchanged 70Total102
YTD Returns+15.88%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.05
NGX300.01
NGXBNK-0.11
NGXCNSMRGDS0.04
NGXINDUSTR-0.21
NGXINS-0.31
NGXLOTUSISLM-0.15
NGXOILGAS0.26

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% Change
JBERGER21.223.302.109.91
CHAMPION4.34.700.409.30
ARDOVA17.419.001.609.20
THOMASWY0.680.740.068.82
JAPAULGOLD0.260.280.027.69
ACADEMY1.211.300.097.44
ROYALEX0.930.980.055.38

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% Change
UPDCREIT3.12.90-0.20-6.45
LASACO0.90.85-0.05-5.56
UPL1.91.80-0.10-5.26
WAPIC0.40.38-0.02-5.00
OANDO3.93.90-0.10-2.56
JAIZBANK0.850.83-0.02-2.35
NEIMETH1.31.28-0.02-1.54

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
FBNH11.55166                   29,101,287   331,219,784.60
STERLNBANK1.3644                   18,387,438     25,019,498.07
NB37.6080                   10,503,239   394,984,997.75
GTCO22.15218                     6,642,212   147,039,563.05
FIDELITYBK4.5059                     5,425,194     24,144,488.87
UBA7.45134                     5,086,365     37,701,414.85
TRANSCORP1.1360                     4,910,539        5,572,744.24

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
AIRTELAFRI1488.0043                         621,778   925,104,195.50
DANGCEM261.0092                     1,707,546   444,885,499.60
NB37.6080                   10,503,239   394,984,997.75
FBNH11.55166                   29,101,287   331,219,784.60
OKOMUOIL165.0045                     1,101,019   177,689,196.40
GTCO22.15218                     6,642,212   147,039,563.05
MTNN214.00141                         474,546   101,337,616.30

OUTLOOK

We expect sustained positive sentiments given the renewed attractiveness of the financial sector

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