The Nigeria Equity Market closed trading activities for today, Wednesday (10/08/2022) positive, as the NGX-ASI rose by 1.47% to 50,075.47 from 49350.71 indicating a YTD return of +17.23%. Similarly, the market capitalization increased by N390.92 billion to N27.01 trillion from N26.62 trillion. The market turnover increased to N2.08 billion from N1.60 billion. The market breadth was positive at 2.0x, as 20 stocks advanced and 10 stocks declined, while 69 remained unchanged. DANGCEM topped the gainers’ list with +9.96%, while WAPCO dropped by -8.84% to lead the losers’ chart. Also, JAIZBANK recorded the highest volume of trade while FBNH recorded the highest value of trade for the day.
Stocks whose share prices gained during intra-day trading include: NEM (9.89%), CHIPLC(8.62%), JAPAULGOLD(8.82%), AFRIPRUD(5.45%), INTBREW(5.00%), ACADEMY (3.45%), JAIZBANK(3.45%), ETERNA(2.80%), GUINNESS(1.20%), ZENITHBANK(0.94%), DANGSUGAR(0.91%), UBN(0.86%), ETRANZACT(0.44%), FIDELITYBK(0.67%), CORNEST(7.35%),and MAYBAKER(8.68%).
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MARKET STATISTICS
| CAP | N27,009,106,990,643.48 | One Day (ASI CHG) | +1.47% |
| Index | 50,075.47 | One Week (ASI CHG) | -1.03% |
| Volume | 279,221,149.00 | One Month (ASI CHG) | -2.87% |
| Value | N2,082,371,878.60 | Six Months (ASI CHG) | +5.90% |
| Deals | 3,576.00 | 52 Weeks (ASI CHG) | +27.82% |
| Gainers | 20 | Losers | 10 |
| Unchanged | 69 | Total | 99 |
| YTD Returns | +17.23% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 1.47 |
| NGX30 | 1.63 |
| NGXBNK | 0.42 |
| NGXCNSMRGDS | 0.33 |
| NGXINDUSTR | 4.35 |
| NGXINS | 1.91 |
| NGXLOTUSISLM | 2.11 |
| NGXOILGAS | 0.06 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| DANGCEM | 241.00 | 265.00 | 24.00 | 9.96 |
| NEM | 3.74 | 4.11 | 0.37 | 9.89 |
| ELLAHLAKES | 3.93 | 4.30 | 0.37 | 9.41 |
| JAPAULGOLD | 0.34 | 0.37 | 0.03 | 8.82 |
| MAYBAKER | 3.57 | 3.88 | 0.31 | 8.68 |
| CHIPLC | 0.58 | 0.63 | 0.05 | 8.62 |
| CHAMS | 0.27 | 0.29 | 0.02 | 7.41 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| WAPCO | 25.45 | 23.20 | -2.25 | -8.84 |
| NAHCO | 5.80 | 5.30 | -0.50 | -8.62 |
| HONYFLOUR | 2.81 | 2.63 | -0.18 | -6.41 |
| UACN | 11.20 | 10.60 | -0.60 | -5.36 |
| AIICO | 0.57 | 0.54 | -0.03 | -5.26 |
| CAVERTON | 1.09 | 1.05 | -0.04 | -3.67 |
| CUTIX | 2.25 | 2.19 | -0.06 | -2.67 |
Top 7 Traders By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| JAIZBANK | 0.90 | 81 | 115,127,927 | 100,140,898.10 |
| FBNH | 10.80 | 100 | 39,956,230 | 431,498,428.90 |
| UBA | 7.20 | 139 | 14,661,265 | 104,317,793.85 |
| AIICO | 0.54 | 71 | 13,913,570 | 7,675,388.23 |
| JAPAULGOLD | 0.37 | 64 | 13,258,760 | 4,905,678.70 |
| ELLAHLAKES | 4.30 | 21 | 10,237,713 | 43,989,599.35 |
| GTCO | 20.55 | 201 | 9,314,429 | 191,324,496.85 |
Top 7 Traders By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 10.80 | 100 | 39,956,230 | 431,498,428.90 |
| DANGCEM | 265.00 | 111 | 961,575 | 249,359,215.20 |
| MTNN | 201.00 | 292 | 1,001,741 | 205,899,729.20 |
| GTCO | 20.55 | 201 | 9,314,429 | 191,324,496.85 |
| ZENITHBANK | 21.45 | 250 | 5,394,533 | 115,619,343.75 |
| UBA | 7.20 | 139 | 14,661,265 | 104,317,793.85 |
| JAIZBANK | 0.90 | 81 | 115,127,927 | 100,140,898.10 |
OUTLOOK
The domestic market closes the day positive, as investors react to the profitability reports of listed companies. We expect mixed sentiments to continue in the coming weeks, as more companies release their Q2 results.
