The Nigeria Equity Market closed trading activities for today Wednesday(12/10/2022) negative as the NGX-ASI declined by 0.07% to 47,531.84 from 47,565.92 ; indicating a YTD return of +11.27%.
Similarly, the market capitalization decreased by N18.57 billion to N25.89 trillion from N25.91 trillion. The market turnover increased to N3.66 billion from N1.90 billion.
The market breadth was negative at 0.5 x, as 9 stocks advanced and 18 stocks declined, while 74 stocks remained unchanged. REDSTAREX topped the gainers’ list with +8.49%, while GSPECPLC declined by -9.82% to lead the losers’ chart. Also, MBENEFIT recorded the highest volume and DANGCEM the highest value for the day.
Stocks whose share prices lost during intra-day trading include:
GSPECPLC(-9.82%),HONYFLOUR(-9.77%), LIVESTOCK(-9.65%), RTBRISCOE(-8.82%),MANSARD(-5.06%), FIDELITYBNK(-2.57%), NGXGRP(-2.33%), UNITYBNK(-2.27%), FBNH(-2.11%), UBA(-1.43%), ACCESSCORP(-0.64%) and GTCO(-0.59%).
Read: NGX Price List for Wednesday, 12th October 2022
MARKET STATISTICS
| CAP | N25,889,313,004,599.85 | One Day (ASI CHG) | -0.07% |
| Index | 47,531.84 | One Week (ASI CHG) | -2.67% |
| Volume | 155,181,080.00 | One Month (ASI CHG) | -4.22% |
| Value | N3,656,548,592.17 | Six Months (ASI CHG) | +0.69% |
| Deals | 3,797 | 52 Weeks (ASI CHG) | +16.22% |
| Gainers | 9 | Losers | 18 |
| Unchanged | 74 | Total | 101 |
| YTD Returns | +11.27 |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.07 |
| NGX30 | -0.06 |
| NGXBNK | -0.31 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.53 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | 0.35 |
Top 7 Gainers
| Security | Previous | Close | Change | % change |
| REDSTAREX | 2.12 | 2.30 | 0.18 | 8.49 |
| MAYBAKER | 4.05 | 4.20 | 0.15 | 3.70 |
| OANDO | 4.40 | 4.50 | 0.10 | 2.27 |
| CORNERST | 0.54 | 0.55 | 0.01 | 1.85 |
| STERLNBANK | 1.53 | 1.55 | 0.02 | 1.31 |
| JAIZBANK | 0.89 | 0.90 | 0.01 | 1.12 |
| UCAP | 11.25 | 11.35 | 0.10 | 0.89 |
Top 7 Losers
| Security | Previous | Close | Change | % change |
| GSPECPLC | 2.75 | 2.48 | -0.27 | -9.82 |
| HONYFLOUR | 2.15 | 1.94 | -0.21 | -9.77 |
| LIVESTOCK | 1.14 | 1.03 | -0.11 | -9.65 |
| RTBRISCOE | 0.34 | 0.31 | -0.03 | -8.82 |
| CHAMS | 0.28 | 0.26 | -0.02 | -7.14 |
| FIDSON | 9.00 | 8.50 | -0.50 | -5.56 |
| MANSARD | 1.58 | 1.50 | -0.08 | -5.06 |
Top 7 Traders by Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MBENEFIT | 0.27 | 22 | 41,924,472 | 11,319,542 |
| GTCO | 16.85 | 665 | 28,481,205 | 480,094,947 |
| ZENITHBANK | 19.45 | 346 | 11,815,536 | 228,856,488 |
| COURTVILLE | 0.46 | 12 | 10,211,150 | 4,696,534 |
| DANGCEM | 245.00 | 85 | 8,428,241 | 2,061,648,466 |
| LIVESTOCK | 1.03 | 50 | 6,561,976 | 6,792,422 |
| JAIZBANK | 0.90 | 27 | 4,631,669 | 4,155,904 |
Top 7 Traders by Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| DANGCEM | 245.00 | 85 | 8,428,241 | 2,061,648,466 |
| AIRTELAFRI | 1800.00 | 24 | 300,475 | 486,769,500 |
| GTCO | 16.85 | 665 | 28,481,205 | 480,094,947 |
| ZENITHBANK | 19.45 | 346 | 11,815,536 | 228,856,488 |
| MTNN | 199.00 | 177 | 495,337 | 97,402,452 |
| UBN | 5.85 | 91 | 3,630,693 | 22,605,064 |
| UBA | 6.90 | 161 | 2,916,313 | 20,163,422 |
OUTLOOK
We expect mixed sentiments to continue this week, as investors continue to search for value in challenging economic times.
