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Market | Capital Market

Trading Statistics in 2022: Total Market Value Decreased by -15.57% in 2022

Mar 05, 2023   •   by Proshare Research   •   Source: Proshare   •   eye-icon 257 views

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Market Snapshot

Trading activities 0n the Nigerian Equities market closed the Year 2022 with +19.98% gain as against +6.07% gain in 2021, +50.03% gain in 2020 and -14.60% loss recorded in 2019.  

Analysis of market turnover revealed that total volume traded decreased by -15.57% in 2022 as against -13.53% decline in 2021 and +21.69% growth recorded in 2020. Also, the total value traded increased by +10.07% in 2022 as against -16.68% decline in 2021 and +6.43% 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 (See table 4 below).

Table 4: 

Table

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Volume and Value by Sector

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

Financial services traded 42.45bn volumes in 2022 to lead the pack, Consumer Goods and Conglomerates sectors came in as second and third with 9.91bln and 5.71 bn traded volumes respectively while Utilities sector traded the least volume with 174.84m units traded (See table 5 below).

Table 5: 

 

Top 10 Equity Transaction 

Analysis of equity transactions by volume reveals that HONYFLOUR topped the volume of equities traded with 6.53bn units of shares traded in 2022TRANSCORP followed with 5.07bn units while FCMB came third with 4.52bn units (See table 6 below).

Table 6: 

 

Similarly, analysis of equity transaction by value reveals that MTNN topped activities with N147.47bn value of shares traded in 2022; GUARANTY followed with N85.05bn while ZENITHBANK came in third with N71.19bn value of shares transacted (see table 7 below).


Table 7: 

Table

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