The Nigeria Equity Market closed trading activities for today, Tuesday (09/08/2022) negative, as the NGX-ASI dipped by 2.26% to 49350.71 from 50,489.73 indicating a YTD return of +15.53%. Similarly, the market capitalization dropped by N614.36 billion to N26.62 trillion from N27.23 trillion. The market turnover decreased to N1.60 billion from N2.12 billion. The market breadth was negative at 0.75x, as 12 stocks advanced and 16 stocks declined, while 81 remained unchanged. NEM and PRESTIGE topped the gainers’ list with +10%, while CORNEST dropped by -9.33% to lead the losers’ chart. Also, JAPAULGOLD recorded the highest volume of trade and SEPLAT the highest value of trade for the day.
Stocks whose share prices lost during intra-day trading include: CORNEST (-9.33%), DANGCEM(-9.06%), JAPAULGOLD(-8.11%), SOVRENINS(-7.41%), STANBIC(-6.45%), CHAMPION (-6.25%), INTBREW(-4.76%), HONYFLOUR(-4.75%), MTNN(-4.29%), NAHCO(-3.33%), CHIPLC(-3.33%), OANDO(-1.80%), MANSARD(-1.59%), JAIZBANK(-1.14%), MAYBAKER(-1.11%),and UBA(-0.69%).

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MARKET STATISTICS
| CAP | N26,618,192,885,437.48 | One Day (ASI CHG) | -2.26% |
| Index | 49,350.71 | One Week (ASI CHG) | -2.52% |
| Volume | 140,610,346.00 | One Month (ASI CHG) | -4.28% |
| Value | N1,600,148,807.72 | Six Months (ASI CHG) | +4.65% |
| Deals | 3,895.00 | 52 Weeks (ASI CHG) | +27.96% |
| Gainers | 12 | Losers | 16 |
| Unchanged | 81 | Total | 109 |
| YTD Returns | +15.53% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -2.26 |
| NGX30 | -2.50 |
| NGXBNK | +0.60 |
| NGXCNSMRGDS | -0.29 |
| NGXINDUSTR | -4.83 |
| NGXINS | +0.24 |
| NGXLOTUSISLM | -2.98 |
| NGXOILGAS | -0.27 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| NEM | 3.40 | 3.74 | 0.34 | 10.00 |
| PRESTIGE | 0.40 | 0.44 | 0.04 | 10.00 |
| ELLAHLAKES | 3.58 | 3.93 | 0.35 | 9.78 |
| MULTIVERSE | 1.88 | 2.06 | 0.18 | 9.57 |
| IKEJAHOTEL | 0.97 | 1.06 | 0.09 | 9.28 |
| RTBRISCOE | 0.36 | 0.39 | 0.03 | 8.33 |
| CHAMS | 0.25 | 0.27 | 0.02 | 8.00 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| CORNERST | 0.75 | 0.68 | -0.07 | -9.33 |
| DANGCEM | 265.00 | 241.00 | -24.00 | -9.06 |
| JAPAULGOLD | 0.37 | 0.34 | -0.03 | -8.11 |
| SOVRENINS | 0.27 | 0.25 | -0.02 | -7.41 |
| STANBIC | 31.00 | 29.00 | -2.00 | -6.45 |
| CHAMPION | 4.00 | 3.75 | -0.25 | -6.25 |
| INTBREW | 5.25 | 5.00 | -0.25 | -4.76 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| JAPAULGOLD | 0.34 | 98 | 23,180,182 | 8,951,218 |
| AIICO | 0.57 | 47 | 14,848,501 | 8,448,728 |
| STERLNBANK | 1.50 | 65 | 14,301,701 | 21,410,942 |
| SOVRENINS | 0.25 | 8 | 10,110,600 | 2,578,650 |
| GTCO | 20.55 | 265 | 7,850,003 | 160,968,657 |
| UBA | 7.20 | 171 | 6,151,177 | 44,264,660 |
| ACCESSCORP | 9.00 | 169 | 5,909,697 | 53,167,207 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| SEPLAT | 1430.50 | 140 | 294,102 | 441,752,229 |
| MTNN | 201.00 | 356 | 1,480,553 | 300,879,203 |
| GTCO | 20.55 | 265 | 7,850,003 | 160,968,657 |
| ZENITHBANK | 21.25 | 265 | 4,445,297 | 94,586,782 |
| DANGCEM | 241.00 | 81 | 327,599 | 79,129,963 |
| ACCESSCORP | 9.00 | 169 | 5,909,697 | 53,167,207 |
| UBA | 7.20 | 171 | 6,151,177 | 44,264,660 |
OUTLOOK
We expect mixed sentiments to continue in the coming week, as more companies’ release their Q2 results.

