The Nigeria Equity Market closed trading activities for today Wednesday (16/11/2022) positive, as the NGX-ASI increased by 0.55% to 44,046.94 from 43,808.25 ; indicating a YTD return of +3.11%.
Similarly, the market capitalization increased by N130.01billion to N23.99 trillion from N23.86 trillion. The market turnover increased to N2.86 billion from N1.18 billion.
The market breadth was negative at 0.88x as 21 stocks advanced and 24 stocks declined, while 61stocks remained unchanged. CORNERST topped the gainers’ list with +10.00% while ETERNA declined by -10.00% to lead the losers’ chart. Also, FIDELITYBK recorded the highest volume while AIRTELAFRI recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
CORNERST(+10.00%), MRS(+9.73%), ZENITHBANK(+8.46%), GTCO(+6.63%), WAPCO(+5.97%), ETI(+5.26%), ACHAMS(+4.35%), ACADEMY(+4.00%), AIICO(+3.70%), UPDC(+3.37%), ACCESSCORP (+3.09%), and UBA(+2.13%).
Read: NGX Price List for Wednesday, 16th November 2022
MARKET STATISTICS
| CAP | N23,991,183,201,491.95 | One Day (ASI CHG) | +0.55% |
| Index | 44,046.94 | One Week (ASI CHG) | +1.31% |
| Volume | 159,437,692.00 | One Month (ASI CHG) | -7.40% |
| Value | N2,861,032,374.73 | Six Months (ASI CHG) | -16.80% |
| Deals | 3,039.00 | 52 Weeks (ASI CHG) | +1.39% |
| Gainers | 21 | Losers | 24 |
| Unchanged | 61 | Total | 106 |
| YTD Returns | +3.11% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.55 |
| NGX30 | 0.58 |
| NGXBNK | 4.21 |
| NGXCNSMRGDS | -0.24 |
| NGXINDUSTR | 0.36 |
| NGXINS | 0.78 |
| NGXLOTUSISLM | 0.25 |
| NGXOILGAS | -0.35 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| CORNERST | 0.40 | 0.44 | 0.04 | 10.00 |
| MRS | 12.85 | 14.10 | 1.25 | 9.73 |
| ZENITHBANK | 20.10 | 21.80 | 1.70 | 8.46 |
| GTCO | 18.10 | 19.30 | 1.20 | 6.63 |
| WAPCO | 20.10 | 21.30 | 1.20 | 5.97 |
| ETI | 9.50 | 10.00 | 0.50 | 5.26 |
| CHAMS | 0.23 | 0.24 | 0.01 | 4.35 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| ETERNA | 6.30 | 5.67 | -0.63 | -10.00 |
| GUINNESS | 74.65 | 67.20 | -7.45 | -9.98 |
| SCOA | 1.58 | 1.43 | -0.15 | -9.49 |
| SUNUASSUR | 0.32 | 0.29 | -0.03 | -9.38 |
| COURTVILLE | 0.50 | 0.46 | -0.04 | -8.00 |
| REGALINS | 0.27 | 0.25 | -0.02 | -7.41 |
| NEIMETH | 1.50 | 1.40 | -0.10 | -6.67 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FIDELITYBK | 4.02 | 110.00 | 27,948,154.00 | 114,001,374.57 |
| GTCO | 19.30 | 329.00 | 20,823,623.00 | 388,067,346.95 |
| ZENITHBANK | 21.80 | 254.00 | 14,013,597.00 | 295,276,024.50 |
| FBNH | 10.55 | 98.00 | 8,868,963.00 | 94,787,360.05 |
| UNITYBNK | 0.49 | 19.00 | 7,264,810.00 | 3,661,836.21 |
| ACCESSCORP | 8.35 | 95.00 | 5,969,090.00 | 48,964,186.70 |
| NB | 37.50 | 77.00 | 5,871,936.00 | 220,450,366.70 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1270.00 | 48.00 | 493,540.00 | 626,617,452.40 |
| MTNN | 188.00 | 160.00 | 2,211,573.00 | 416,209,277.00 |
| GTCO | 19.30 | 329.00 | 20,823,623.00 | 388,067,346.95 |
| ZENITHBANK | 21.80 | 254.00 | 14,013,597.00 | 295,276,024.50 |
| BUAFOODS | 57.00 | 52.00 | 4,272,182.00 | 244,044,612.25 |
| NB | 37.50 | 77.00 | 5,871,936.00 | 220,450,366.70 |
| FIDELITYBK | 4.02 | 110.00 | 27,948,154.00 | 114,001,374.57 |
OUTLOOK
We expect mixed sentiment to continue during the week, as pre-election risks amplify.
