The Nigeria Equity Market closed trading activities for today, Wednesday(24/08/2022) positive as the NGX-ASI increased by 0.25% to 48,675.33 from 48,554.76 indicating a YTD return of +13.95%. Similarly, the market capitalization increased by N65.36 billion to 26.25 trillion from N26.61 trillion .The market turnover increased to N3.37billion from N3.18 billion. The market breadth was positive at 1.46x, as 16 stocks advanced and 11 stocks declined, while 73 remained unchanged. NEM topped the gainers’ list with +10.00%, while FIDSON declined by -9.80% to lead the losers’ chart. Also, ACCESSCORP recorded the highest volume; while MTNN recorded the highest value of trade for the day.
Stocks whose share prices lost during intra-day trading include: NEM(+10.00%), STANBIC(+8.93%), ETI(+8.00%), CUTIX(+7.37%), MBENEFIT(+6.90%),JAPAULGOLD(+6.90%), WAPIC(+5.26%), NEIMETH(+3.97%), HONYFLOUR(+2.77%) STERLINBANK(+1.33%), BUACEMENT(+1.27%), OANDO(+1.05%) TRANSCORP(+0.97%) FIDELITYBK(+0.66%) NGXGROUP(+0.26%) AND NESTLE(+0.23%)
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MARKET STATISTICS
| CAP | N26,253,887,597,104.84 | One Day (ASI CHG) | +0.25% |
| Index | 48,675.33 | One Week (ASI CHG) | -2.04% |
| Volume | 167,569,257 | One Month (ASI CHG) | -6.36% |
| Value | N3,373,708,913.12 | Six Months (ASI CHG) | +2.97% |
| Deals | 3,751.00 | 52 Weeks (ASI CHG) | +23.35% |
| Gainers | 16 | Losers | 11 |
| Unchanged | 73 | Total | 100 |
| YTD Returns | +13.95 |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.25 |
| NGX30 | 0.29 |
| NGXBNK | 0.56 |
| NGXCNSMRGDS | 0.09 |
| NGXINDUSTR | 0.47 |
| NGXINS | 2.17 |
| NGXLOTUSISLM | 0.14 |
| NGXOILGAS | 0.16 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| NEM | 4.40 | 4.84 | 0.44 | 10.00 |
| STANBIC | 28.00 | 30.50 | 2.50 | 8.93 |
| ETI | 10.00 | 10.80 | 0.80 | 8.00 |
| CUTIX | 1.90 | 2.04 | 0.14 | 7.37 |
| JAPAULGOLD | 0.29 | 0.31 | 0.02 | 6.90 |
| MBENEFIT | 0.29 | 0.31 | 0.02 | 6.90 |
| WAPIC | 0.38 | 0.40 | 0.02 | 5.26 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| FIDSON | 10.10 | 9.11 | -0.99 | -9.80 |
| FTNCOCOA | 0.33 | 0.30 | -0.03 | -9.09 |
| UNITYBNK | 0.43 | 0.42 | -0.01 | -2.33 |
| FCMB | 3.20 | 3.13 | -0.07 | -2.19 |
| AIICO | 0.56 | 0.55 | -0.01 | -1.79 |
| CHIPLC | 0.63 | 0.62 | -0.01 | -1.59 |
| ACCESSCORP | 8.30 | 8.20 | -0.10 | -1.20 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ACCESSCORP | 8.20 | 262.00 | 27,897,677.00 | 231,144,303.40 |
| UBA | 7.00 | 176.00 | 22,948,561.00 | 160,908,921.25 |
| FBNH | 10.75 | 91.00 | 22,507,150.00 | 241,974,978.05 |
| GTCO | 20.10 | 309.00 | 16,087,931.00 | 323,987,814.20 |
| ZENITHBANK | 22.00 | 299.00 | 11,859,784.00 | 261,111,809.70 |
| HONYFLOUR | 2.97 | 104.00 | 9,250,014.00 | 27,685,611.05 |
| OANDO | 4.80 | 115.00 | 6,427,545.00 | 30,127,314.44 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 200.00 | 262.00 | 3,626,225.00 | 725,241,254.70 |
| AIRTELAFRI | 1905.40 | 54.00 | 250,256.00 | 508,439,869.50 |
| GTCO | 20.10 | 309.00 | 16,087,931.00 | 323,987,814.20 |
| NESTLE | 1303.00 | 20.00 | 219,169.00 | 285,592,927.80 |
| ZENITHBANK | 22.00 | 299.00 | 11,859,784.00 | 261,111,809.70 |
| FBNH | 10.75 | 91.00 | 22,507,150.00 | 241,974,978.05 |
| ACCESSCORP | 8.20 | 262.00 | 27,897,677.00 | 231,144,303.40 |
OUTLOOK
The domestic market closes the day positive to reverse a two day bearish sentiment. All sector recorded positive performance. We expect mixed sentiments to continue in the following trading days, as more companies release their Q2 results.
