The Nigeria Equity Market closed trading activities for today Wednesday (14/12/2022) positive, as the NGX-ASI grew by 0.28% to 48,988.04 from 48,853.54 ; indicating a YTD return of +14.68%.
Similarly, the market capitalization increased by N73.26 billion to N26.68 trillion from N26.61 trillion. The market turnover decreased to N1.68 billion from N3.87 billion .
The market breadth was negative at 1.33x as 16 stocks advanced and 12 stocks declined, while 70 stocks remained unchanged. REDSTAREX topped the gainers’ list with +9.71%, while PRESTIGE declined by -8.70% to lead the losers’ chart. Also, GTCO recorded the highest volume while NESTLE recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
REDSTAREX(+9.71%), CHAMS(+9.52%), SCOA( +8.97%), LEARNAFRCA(+8.84%), LASACO(+7.14%),LIVESTOCK(+4.50%),NASCON(+4.31%),BUACEMENT(+2.89%), WAPIC(+2.70%), and NAHCO(+2.63%).
Read: NGX Price List for Wednesday, 14th December 2022
MARKET STATISTICS
| CAP | N26,682,465,383,862.33 | One Day (ASI CHG) | +0.28% |
| Index | 48,988.04 | One Week (ASI CHG) | +1.16% |
| Volume | 88,039,186.00 | One Month (ASI CHG) | +11.42% |
| Value | N1,675,516,329.24 | Six Months (ASI CHG) | -7.92% |
| Deals | 2,832.00 | 52 Weeks (ASI CHG) | +15.76% |
| Gainers | 16 | Losers | 12 |
| Unchanged | 70 | Total | 98 |
| YTD Returns | +14.68% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.28 |
| NGX30 | 0.33 |
| NGXBNK | -0.07 |
| NGXCNSMRGDS | -0.44 |
| NGXINDUSTR | 1.46 |
| NGXINS | -0.85 |
| NGXLOTUSISLM | 0.53 |
| NGXOILGAS | -0.15 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| REDSTAREX | 2.06 | 2.26 | 0.2 | 9.71 |
| CHAMS | 0.21 | 0.23 | 0.02 | 9.52 |
| SCOA | 0.78 | 0.85 | 0.07 | 8.97 |
| LEARNAFRCA | 1.81 | 1.97 | 0.16 | 8.84 |
| LASACO | 0.84 | 0.9 | 0.06 | 7.14 |
| LIVESTOCK | 1.11 | 1.16 | 0.05 | 4.50 |
| NASCON | 10.45 | 10.9 | 0.45 | 4.31 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| PRESTIGE | 0.46 | 0.42 | -0.04 | -8.70 |
| MULTIVERSE | 4.35 | 3.98 | -0.37 | -8.51 |
| LINKASSURE | 0.43 | 0.4 | -0.03 | -6.98 |
| ETERNA | 6.44 | 6.07 | -0.37 | -5.75 |
| DANGSUGAR | 16.2 | 15.3 | -0.9 | -5.56 |
| CORNERST | 0.5 | 0.48 | -0.02 | -4.00 |
| INTBREW | 4.35 | 4.2 | -0.15 | -3.45 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 20.9 | 246 | 10,213,785 | 213,646,710.30 |
| ZENITHBANK | 23 | 204 | 9,787,240 | 225,271,146.85 |
| JAIZBANK | 0.88 | 45 | 7,910,769 | 7,022,934.59 |
| STERLNBANK | 1.37 | 49 | 5,167,184 | 7,089,304.54 |
| UCAP | 13.7 | 130 | 4,470,985 | 61,570,819.05 |
| FBNH | 10.95 | 69 | 3,670,256 | 40,142,539.40 |
| ETERNA | 6.07 | 18 | 3,341,294 | 20,248,842.70 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| NESTLE | 980 | 122 | 250,882 | 240,794,208.70 |
| GEREGU | 111 | 132 | 2,305,007 | 231,863,121.20 |
| ZENITHBANK | 23 | 204 | 9,787,240 | 225,271,146.85 |
| GTCO | 20.9 | 246 | 10,213,785 | 213,646,710.30 |
| MTNN | 208 | 194 | 963,881 | 196,207,232.50 |
| AIRTELAFRI | 1488 | 31 | 81,810 | 120,681,867.30 |
| NGXGROUP | 24 | 39 | 2,702,000 | 64,928,789.40 |
OUTLOOK
We expect mixed sentiments to continue during the week, as pre-election risks amplify.
