The Nigeria Equity Market closed trading activities for today Friday (30/12/2022) positive, as the NGX-ASI grew by +1.89% to 51,251.06 from 50,300.00; indicating a YTD return of +19.98%.
Similarly, the market capitalization increased by N518.01 billion to N27.92 trillion from N27.40 trillion. The market turnover Increased to N7.36 billion from N7.32 billion .
The market breadth was positive at 1.24x as 21 stocks advanced and 17 stocks declined, while 69 stocks remained unchanged. CAVERTON and PRESCO topped the gainers’ list with +10.00%, while ROYALEX declined by-9.40% to lead the losers’ chart. Also, SOVRENINS recorded the highest volume , while PRESCO recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
CAVERTON(+10.00%), PRESCO(+10.00%), AIRTELAFRI( +9.88%), CWG(+9.78%), MORISON(+9.60%), IKEJAHOTEL(+9.38%), THOMASWY(+8.99%), FCMB(+8.76%), WEMABANK(+8.33%), and GEREGU(+6.66%).
Read: NGX Price List for Friday, 30th December 2022
MARKET STATISTICS
| CAP | N27,915,070,369,130.84 | One Day (ASI CHG) | +1.89% |
| Index | 51,251.06 | One Week (ASI CHG) | +3.11% |
| Volume | 890,682,055.00 | One Month (ASI CHG) | +7.53% |
| Value | N7,355,665,086.39 | Six Months (ASI CHG) | -1.09% |
| Deals | 3,566.00 | 52 Weeks (ASI CHG) | +22.57% |
| Gainers | 21 | Losers | 17 |
| Unchanged | 69 | Total | 107 |
| YTD Returns | +19.98% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.89 |
| NGX30 | 1.50 |
| NGXBNK | -2.86 |
| NGXCNSMRGDS | 0.09 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.40 |
| NGXLOTUSISLM | 2.03 |
| NGXOILGAS | -0.41 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| CAVERTON | 0.9 | 0.99 | 0.09 | 10.00 |
| PRESCO | 125 | 137.5 | 12.5 | 10.00 |
| AIRTELAFRI | 1488 | 1635 | 147 | 9.88 |
| CWG | 0.92 | 1.01 | 0.09 | 9.78 |
| MORISON | 1.98 | 2.17 | 0.19 | 9.60 |
| IKEJAHOTEL | 0.96 | 1.05 | 0.09 | 9.38 |
| THOMASWY | 0.89 | 0.97 | 0.08 | 8.99 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| ROYALEX | 1.17 | 1.06 | -0.11 | -9.40 |
| FIDSON | 9.8 | 9 | -0.8 | -8.16 |
| UACN | 11.1 | 10.25 | -0.85 | -7.66 |
| MBENEFIT | 0.29 | 0.27 | -0.02 | -6.90 |
| ETI | 11.3 | 10.6 | -0.7 | -6.19 |
| FIDELITYBK | 4.56 | 4.35 | -0.21 | -4.61 |
| CHAMS | 0.23 | 0.22 | -0.01 | -4.35 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| SOVRENINS | 0.28 | 3 | 523,925,840 | 146,699,235.20 |
| ACCESSCORP | 8.5 | 119 | 176,540,901 | 1,518,282,976.05 |
| STERLNBANK | 1.4 | 518 | 39,832,624 | 55,768,850.70 |
| PRESCO | 137.5 | 140 | 12,365,932 | 1,611,074,853.20 |
| MBENEFIT | 0.27 | 29 | 11,756,533 | 3,191,934.82 |
| GEREGU | 149 | 77 | 10,867,123 | 1,491,760,452.00 |
| JAIZBANK | 0.92 | 52 | 9,102,199 | 8,262,178.93 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| PRESCO | 137.5 | 140 | 12,365,932 | 1,611,074,853.20 |
| ACCESSCORP | 8.5 | 119 | 176,540,901 | 1,518,282,976.05 |
| GEREGU | 149 | 77 | 10,867,123 | 1,491,760,452.00 |
| SEPLAT | 1100 | 44 | 1,017,752 | 1,117,303,535.00 |
| AIRTELAFRI | 1635 | 26 | 222,844 | 350,084,592.70 |
| GTCO | 23 | 236 | 8,133,911 | 188,808,642.20 |
| NGXGROUP | 25.05 | 41 | 6,861,410 | 171,551,600.00 |
OUTLOOK
We expect sustained positive sentiments to continue next year given the renewed attractiveness of the sectors
