Stock Market Ends in Stalemate, As ASI Settles At 49,416.18 Points.

The Nigeria Equity Market open trading activities for today Tuesday (20 /12/2022) unchanged, as the NGX-ASI remained at 0.00 % to 49,416.18 from 49,414.96 ; indicating a YTD return of +15.68%.

Similarly, the market capitalization increased by N662.36 million to N26.915 trillion from N26.914 trillion. The market turnover decreased to N1.30 billion from N1.33 billion .

The market breadth was negative at 0.69x as 11 stocks advanced and 16 stocks declined, while 74 stocks remained unchanged. UPDCREIT topped the gainers’ list with +8.62%, while NEIMETH declined by -9.66% to lead the losers’ chart. Also, GTCO recorded the highest volume and the highest value for the day.

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

UPDCREIT(+8.62%), ROYALEX(+5.95%), ARDOVA( +4.19%), VITAFOAM(+3.57%), CUSTODIAN(+2.75%),CHIPLC(+1.64%),DANGSUGAR(+1.29%),ZENITHBANK(+1.04%), FIDELITYBK(+0.94%), and ETERNA(+0.83%).

Read: NGX Price List for Tuesday, 20th December 2022

MARKET STATISTICS

CAPN26,915,661,623,125.12One Day (ASI CHG)0.00%
Index49,416.18One Week (ASI CHG)+1.15%
Volume100,093,729.00One Month (ASI CHG)+11.07%
ValueN1,295,838,173.89Six Months (ASI CHG)-4.56%
Deals3,186.0052 Weeks (ASI CHG)+16.56%
Gainers 11 Losers 16
Unchanged 74Total 106
YTD Returns+15.68%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.00
NGX300.00
NGXBNK0.27
NGXCNSMRGDS-0.01
NGXINDUSTR0.00
NGXINS-0.27
NGXLOTUSISLM0.00
NGXOILGAS0.22

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% Change
UPDCREIT2.93.150.258.62
ROYALEX0.840.890.055.95
ARDOVA16.717.40.74.19
VITAFOAM2121.750.753.57
CUSTODIAN5.455.60.152.75
CHIPLC0.610.620.011.64
DANGSUGAR15.515.70.21.29

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% change
NEIMETH1.451.31-0.14-9.66
SCOA0.850.77-0.08-9.41
UPDC0.990.92-0.07-7.07
RTBRISCOE0.290.27-0.02-6.90
CHAMS0.220.21-0.01-4.55
SUNUASSUR0.30.29-0.01-3.33
FIDSON9.39.05-0.25-2.69

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
GTCO21.65357         16,438,087   354,748,552.25
CHIPLC0.6292           9,260,000        5,447,119.00
UBA7.35135           7,119,390     52,462,621.75
FTNCOCOA0.3101           7,096,000        2,014,075.62
ACCESSCORP8.55122           5,265,668     45,159,393.25
CHAMS0.2126           4,581,668           969,466.96
ZENITHBANK24.25229           4,520,667   109,238,475.80

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
GTCO21.65357         16,438,087   354,748,552.25
NESTLE980106               290,959   279,797,379.70
ZENITHBANK24.25229           4,520,667   109,238,475.80
MTNN214165               343,441     72,414,200.30
UBA7.35135           7,119,390     52,462,621.75
ARDOVA17.497           2,676,501     46,214,020.35
ACCESSCORP8.55122           5,265,668     45,159,393.25

OUTLOOK

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

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