Trading Statistics in 2022: Total market value declined by 15.57% in 2022

Trading activities on the Nigerian Equities market closed the Year 2022 with +19.98 per cent gain as against +6.07 per cent gain in 2021, +50.03 per cent gain in 2020 and 14.60 per cent loss recorded in 2019.

Analysis of market turnover revealed that total volume traded decreased by -15.57 per cent in 2022 as against -13.53 per cent decline in 2021 and +21.69 per cent growth recorded in 2020. Also, the total value traded increased by +10.07 per cent in 2022 as against -16.68 per cent decline in 2021 and +6.43 per cent growth in 2020.

The market recorded 53 gainers to 61 losers in 2022 as against 68 gainers to 53 losers in 2021 and 57 gainers to 66 losers in 2020.

The financial services sector outperformed other sectors with 61.47 per cent contribution to total volume traded on the Nigerian bourse in 2022 as against 64.75 per cent contribution recorded in 2021. Consumer Goods and Conglomerates sectors followed closely on the table while Utilities sector traded the least volume.

Financial services traded 42.45 billion volumes in 2022 to lead the pack, Consumer Goods and Conglomerates sectors came in as second and third with 9.91 billion and 5.71 billion traded volumes respectively while Utilities sector traded the least volume with 174.84 million units traded.

Analysis of equity transactions by volume reveals that HONYFLOUR topped the volume of equities traded with 6.53 billion units of shares traded in 2022; TRANSCORP followed with 5.07 billion units while FCMB came third with 4.52 billion units

Similarly, analysis of equity transaction by value reveals that MTNN topped activities with N147.47bn value of shares traded in 2022; GUARANTY followed with N85.05 billion while Zenith Bank came in third with N71.19 billionn value of shares transacted.

NewsDirect
NewsDirect
Articles: 51634