The Nigerian Equity Market Closes Negative as NGX- ASI Slip by 0.05%

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The Nigeria Equity Market closed trading activities for today Tuesday (27/09/2022) negative as the NGX-ASI fell by 0.05% to 49,163.81 from 49,189.32 indicating a YTD return of +15.09%.

Similarly, the market capitalization decreased by N14 billion to N 26.52trillion from N26.53 trillion. The market turnover increased to N1.61 billion from N0.85 billion.

The market breadth was negative at 0.82x, as 14 stocks advanced and 17 stocks declined, while 78 stocks remained unchanged.

NGXGROUP and MULTIVERSE topped the gainers’ list with +10.00% each respectively, while MAYBAKER declined by -9.79% to lead the losers’ chart.

Also, TRANSCORP recorded the highest volume and ZENITHBANK recorded the highest value for the day.

Stocks whose share prices loss during intra-day trading include: MAYBAKER(-9.79%), REGALINS(-7.69%), VITAFOAM(-6.98%), UNILEVER(-5.38%), GLAXOSMITH(-5.08%), AIICO(-3.57%), LIVESTOCK(-2.86%), AFRIPRUD(-1.80%), UBA(-1.39%), FBNH(-0.99%), STERLNBANK(-0.66%) and GTCO(-0.53%).  

Read: NGX Price List for Tuesday, 27 September 2022

Market Statistics

CAPN26,518,540,868,529.40One Day (ASI CHG)-0.05%
Index49,163.81One Week (ASI CHG)-0.57%
Volume139,240,274One Month (ASI CHG)-1.04%
ValueN1,604,951,582.63Six Months (ASI CHG)+4.82%
Deals3,421.0052 Weeks (ASI CHG)+26.50%
Gainers14 Losers17
Unchanged78Total109
YTD Returns+15.`15

Sector Performance

SecurityChange Percent
ASI-0.06
NGX30-0.09
NGXBNK-0.65
NGXCNSMRGDS-0.06
NGXINDUSTR0.00
NGXINS0.06
NGXLOTUSISLM0.00
NGXOILGAS0.2

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price%Change
MULTIVERSE3.103.410.3110.00
NGXGROUP18.0019.801.8010.00
ETERNA5.756.320.579.91
COURTVILLE0.450.490.048.89
CHAMPION3.403.690.298.53
SOVRENINS0.260.280.027.69
CADBURY11.8512.700.857.17

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price%Change
MAYBAKER3.883.50-0.38-9.79
REGALINS0.260.24-0.02-7.69
VITAFOAM21.5020.00-1.50-6.98
UNILEVER13.0012.30-0.70-5.38
GLAXOSMITH5.905.60-0.30-5.08
ACCESSCORP8.808.40-0.40-4.55
AIICO0.560.54-0.02-3.57

Top 7 Traders by Volume

SecurityClose PriceNumber of TradesDaily VolumeDaily Value
TRANSCORP1.04113.00    38,462,277.00         38,986,782.39
ZENITHBANK20.20385.00    35,273,904.00      710,832,788.45
FCMB3.5074.00    30,185,296.00      105,609,995.01
VITAFOAM20.00123.00    18,129,978.00      362,764,708.15
LINKASSURE0.477.00       8,889,993.00           4,178,293.71
UBA7.10107.00       6,468,211.00         45,992,173.70
SOVRENINS0.287.00       6,004,741.00           1,661,326.48

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
ZENITHBANK20.20385.00    35,273,904.00      710,832,788.45
VITAFOAM20.00123.00    18,129,978.00      362,764,708.15
AIRTELAFRI2000.0022.00          163,471.00      294,247,800.00
NB48.40150.00       4,665,350.00      210,258,822.85
MTNN200.00235.00          804,400.00      160,511,237.90
FCMB3.5074.00    30,185,296.00      105,609,995.01
NGXGROUP19.8098.00       3,042,990.00         59,476,226.75

OUTLOOK

Equity market reverse yesterday’s gain to close negative with bearish sentiment predominant in all the sectors. Investors apatite’s is likely to inclined towards fixed income securities following the interest rate hike from 14% to 15.5% by the Monetary Policy Committee of the CBN.

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