The Nigeria Equity Market closed trading activities for today Wednesday (04/01/2023) positive, as the NGX-ASI grew by +0.12% to 51,657.56from 51,595.66 ; indicating a YTD return of +0.79%.
Similarly, the market capitalization increased by N33.71billion to N28.14trillion from N28.10 trillion. The market turnover increased to N13.53 billion from N4.35 billion .
The market breadth was positive at 1.67x as 20 stocks advanced and 12 stocks declined, while 74 stocks remained unchanged. NAHCO and NB topped the gainers’ list with +10.00% respectively, while CHAMPION declined by-10.00% to lead the losers’ chart. Also, BUACEMENT recorded the highest volume and the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
NB(+10.00%), NAHCO (+10.00%), FCMB( +9.97%), FIDELITYBK(+9.86%), JAPAULGOLD (+7.41%), ROYALEX (+5.77%), FLOURMILL(+5.63%), MANSARD(+5.00%), ETI(+3.77%), and MBENEFIT (+3.57%).
Read: NGX Price List for Wednesday, 4th January 2023
MARKET STATISTICS
| CAP | N28,136,480,182,378.13 | One Day (ASI CHG) | +0.12% |
| Index | 51,657.56 | One Week (ASI CHG) | +3.45% |
| Volume | 265,725,890.00 | One Month (ASI CHG) | +7.27% |
| Value | N13,528,804,034.62 | Six Months (ASI CHG) | -0.26% |
| Deals | 4,156.00 | 52 Weeks (ASI CHG) | +20.06% |
| Gainers | 20 | Losers | 12 |
| Unchanged | 74 | Total | 106 |
| YTD Returns | +0.79% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.12 |
| NGX30 | 0.14 |
| NGXBNK | 0.51 |
| NGXCNSMRGDS | 2.09 |
| NGXINDUSTR | -0.77 |
| NGXINS | 0.93 |
| NGXLOTUSISLM | 0.08 |
| NGXOILGAS | – |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| NAHCO | 7.00 | 7.70 | 0.70 | 10.00 |
| NB | 41.00 | 45.10 | 4.10 | 10.00 |
| FCMB | 3.51 | 3.86 | 0.35 | 9.97 |
| FIDELITYBK | 4.36 | 4.79 | 0.43 | 9.86 |
| JAPAULGOLD | 0.27 | 0.29 | 0.02 | 7.41 |
| ROYALEX | 1.04 | 1.10 | 0.06 | 5.77 |
| FLOURMILL | 28.40 | 30.00 | 1.60 | 5.63 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| CHAMPION | 5.50 | 4.95 | -0.55 | -10.00 |
| UNITYBNK | 0.59 | 0.55 | -0.04 | -6.78 |
| UBA | 8.30 | 8.00 | -0.30 | -3.61 |
| JAIZBANK | 0.90 | 0.87 | -0.03 | -3.33 |
| CHIPLC | 0.67 | 0.65 | -0.02 | -2.99 |
| COURTVILLE | 0.48 | 0.47 | -0.01 | -2.08 |
| BUACEMENT | 97.75 | 96.00 | -1.75 | -1.79 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| BUACEMENT | 96.00 | 100.00 | 101,653,798.00 | 9,851,327,558.15 |
| TRANSCORP | 1.13 | 121.00 | 32,770,095.00 | 37,143,594.89 |
| ACCESSCORP | 8.75 | 303.00 | 22,955,773.00 | 199,940,692.05 |
| GTCO | 23.50 | 233.00 | 12,226,692.00 | 284,427,875.50 |
| UBA | 8.00 | 225.00 | 12,213,753.00 | 99,412,569.30 |
| NGXGROUP | 25.00 | 40.00 | 6,121,139.00 | 152,959,055.70 |
| AIICO | 0.64 | 77.00 | 6,016,705.00 | 3,845,003.27 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| BUACEMENT | 96.00 | 100.00 | 101,653,798.00 | 9,851,327,558.15 |
| AIRTELAFRI | 1635.00 | 62.00 | 1,333,527.00 | 2,086,158,676.50 |
| GTCO | 23.50 | 233.00 | 12,226,692.00 | 284,427,875.50 |
| ACCESSCORP | 8.75 | 303.00 | 22,955,773.00 | 199,940,692.05 |
| MTNN | 215.00 | 205.00 | 771,999.00 | 165,963,798.50 |
| NGXGROUP | 25.00 | 40.00 | 6,121,139.00 | 152,959,055.70 |
| UBA | 8.00 | 225.00 | 12,213,753.00 | 99,412,569.30 |
OUTLOOK
We expect positive sentiments to continue in the new year given the renewed attractiveness of the sectors.
