NGX Weekly Market Round-up For 9th Of December

The NGX All-Share Index and Market Capitalization appreciated by 1.51% to close the week at 48,881.93 and N26.625 trillion respectively.

Similarly, all other indices finished higher except NGX CG, NGX Premium, NGX Banking, NGX Pension, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Growth, NGX MERI Value, and NGX Sovereign Bond indices which depreciated by 0.91%, 1.23%, 0.25%, 0.39%, 1.53%, 0.79%, 0.79%, 0.21%, and 0.01% respectively, while the NGX Growth and NGX ASeM indices closed flat.

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A total equity turnover of 1.225 billion shares worth N15.243 billion in 15,317 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 839.978 million shares valued at N12.418 billion that exchanged hands last week in 16,183 deals.

The Financial Services Industry (measured by volume) led the activity chart with 514.067 million shares valued at N5.104 billion traded in 6,489 deals; thus contributing 41.97% and 33.48% to the total equity turnover volume and value respectively. The Construction/Real Estate Industry followed with 463.348 million shares worth N1.620 billion in 210 deals.

The third place was the Conglomerates Industry, with a turnover of 69.017 million shares worth N86.431 million in 528 deals.

Trading in the top three equities namely UPDC Real Estate Investment Trust, FBN Holdings Plc, and Transnational Corporation Plc (measured by volume) accounted for 765.230 million shares worth N4.282 billion in 847 deals, contributing 62.47% and 28.09% to the total equity turnover volume and value respectively.

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Equity Turnover – Last 5 days

Date           Deals               Turnover                          Turnover                  Traded                                                     Volume                            Value (N)                 Stocks

5-12-22       3,487             645,025,961                     4,190,068,314.70        105

6-12-22       3,189             184,656,914                     3,571,768,311.99        109

7-12-22       2,810             146,206,309                     3,356,676,716.31         99

8-12-22       3,391             148,157,849                     2,980,561,158.19        107

9-12-22       2,440             100,823,914                     1,143,749,930.04        101

TOP 5 WEEKLY LOSERS

Company             Open              Close                  Gain (N)                     %Chang
SCOA NIG.            1.06                0.79                   -0.27                             -25.47
NIGERIAN BREW    45.00             38.50                  -6.50                             -14.44
UNITY BANK          0.57                0.49                   -0.08                             -14.04
CAPITAL HOTEL     3.06                2.76                   -0.30                             -9.80
GEREGU POWER   122.80            111.00                 -11.80                           -9.6

TOP 5 WEEKLY GAINERS

Company            Open              Close                  Gain (N)                        %Chang
BUA CEMENT        77.00              91.70                  14.70                             19.09
ROYAL EXCHANGE 0.72                0.81                   0.09                               12.50
ETI                      10.05              11.20                  1.15                               11.44
GUINNESS           63.00              69.30                  6.30                               10.00
PRESTIGE ASS      0.42                0.46                   0.04                               9.5
SOURCE: NGX LTD