The Nigerian equity market closed transactions for today (Thursday 10/3/22) on a positive note rising by 0.16%, extending the previous day’s gain to two trading sessions.The NGX- ASI rose to 47,363.98 from 47,287.09, indicating a YTD return of +10.88%. The market turnover dropped to N4.48bn from N5.86bn .The market breadth was positive at 1.05X as 21 stocks advanced against 20 stocks that declined, while 70 stocks remained unchanged. The share prices of RTBRISCOE and UACN gained 9.84% to top the gainers’ list, while ROYALEX declined by -9.46% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: RTBRISCOE(+9.84%), UACN(+9.84%), OANDO(+8.83%), PRESCO(+8.74%), NEIMETH(+7.27%), JAIZBANK(+7.14%), NEM(+6.02%), GUINEAINS(+5.00%), VERITASKAP(+4.55%), NASCON(+3.85%), NPFMCRF(+3.81%), CUTIX(+3.48%), HONYFLOUR(+2.50%), LIVESTOCK(+2.35%), OKOMUOIL(+2.19%), DANGSUGAR (+1.27%), MTNN(+0.98%), FCMB(+0.88%), ZENITHBNK(+0.75%), ACCESSBNK(+0.50%) and ARDOVA(+0.43%).
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MARKET STATISTICS
| CAP | N25,526,608,403,991.37 | One Day (ASI CHG) | +0.16% |
| Index | 47,363.98 | One Week (ASI CHG) | +0.14% |
| Volume | 261,558,034.00 | One Month (ASI CHG) | +0.16% |
| Value | N4,477,676,211.29 | Six Months (ASI CHG) | +21.69% |
| Deals | 4,672.00 | 52 Weeks (ASI CHG) | +21.66% |
| Gainers | 21 | Losers | 20 |
| Unchanged | 70 | Total | 111 |
| YTD Returns | +10.88% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.16 |
| NGX30 | 0.09 |
| NGXBNK | 0.37 |
| NGXCNSMRGDS | -0.56 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.88 |
| NGXLOTUSISLM | 0.66 |
| NGXOILGAS | 1.21 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| RTBRISCOE | 0.61 | 0.67 | 0.06 | 9.84 |
| UACN | 9.15 | 10.05 | 0.90 | 9.84 |
| OANDO | 4.87 | 5.30 | 0.43 | 8.83 |
| PRESCO | 114.95 | 125.00 | 10.05 | 8.74 |
| NEIMETH | 1.65 | 1.77 | 0.12 | 7.27 |
| JAIZBANK | 0.70 | 0.75 | 0.05 | 7.14 |
| NEM | 3.82 | 4.05 | 0.23 | 6.02 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| ROYALEX | 1.48 | 1.34 | -0.14 | -9.46 |
| ABCTRANS | 0.35 | 0.32 | -0.03 | -8.57 |
| MAYBAKER | 4.91 | 4.60 | -0.31 | -6.31 |
| TRANSCORP | 1.15 | 1.09 | -0.06 | -5.22 |
| COURTVILLE | 0.61 | 0.58 | -0.03 | -4.92 |
| NIGERINS | 0.21 | 0.20 | -0.01 | -4.76 |
| UPDC | 0.95 | 0.92 | -0.03 | -3.16 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| CUTIX | 2.38 | 25 | 31,794,056.00 | 75,684,470.42 |
| ACCESS | 10.15 | 182 | 15,354,084.00 | 155,513,310.50 |
| FCMB | 3.45 | 140 | 15,125,490.00 | 50,991,754.15 |
| FIDELITYBK | 2.92 | 129 | 14,924,517.00 | 44,084,660.80 |
| ZENITHBANK | 26.70 | 365 | 14,314,438.00 | 379,823,813.35 |
| GTCO | 26.00 | 359 | 13,580,230.00 | 353,224,495.95 |
| UBA | 8.50 | 184 | 12,768,115.00 | 108,241,649.90 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| MTNN | 206.00 | 238 | 8,853,079.00 | 1,825,303,986.10 |
| PRESCO | 125.00 | 188 | 3,474,129.00 | 428,938,577.00 |
| ZENITHBANK | 26.70 | 365 | 14,314,438.00 | 379,823,813.35 |
| GTCO | 26.00 | 359 | 13,580,230.00 | 353,224,495.95 |
| SEPLAT | 990.00 | 20 | 160,663.00 | 158,739,820.00 |
| ACCESS | 10.15 | 182 | 15,354,084.00 | 155,513,310.50 |
| UBA | 8.50 | 184 | 12,768,115.00 | 108,241,649.90 |
OUTLOOK
Activities on the stock market closed positively, maintaining the gain of the previous day, as investors’ respond to the continuous upheaval in oil prices and potential opportunities created by the on-going crisis. We expect these changes to affect stocks adversely especially the oil & Gas sectors.
