The Nigeria Equity Market closed trading activities for today Tuesday (10/01/2023) negative, as the NGX-ASI fell by -0.49% to 51,446.60 from 51,700.36 ; indicating a YTD return of +0.38%.
Similarly, the market capitalization decreased by N138.21billion to N28.02trillion from N28.16 trillion. The market turnover increased to N8.29 billion from N2.91 billion .
The market breadth was positive at 1.2x as 18 stocks advanced and 15 stocks declined, while 74 stocks remained unchanged. THOMASWY topped the gainers’ list with +9.43% , while NEM declined by -10.00% to lead the losers’ chart. Also, FBNH recorded the highest volume and BUACEMENT recorded the highest value for the day.
Stocks whose share prices loss during intra-day trading include:
NEM(-10.00%), CHAMPION(-9.58%), CORNERST( -6.67%),HONYFLOURI(-4.96%), AIRTELAFRI(-4.29%), FTNCOCOA(-3.70%), UACN(-2.88%), NGXGROUP(-2.32%), UPDC(-2.15%), and NPFMCRFBK(-1.74%).
Read: NGX Price List for Tuesday, 10th January 2023
MARKET STATISTICS
| CAP | N28,021,576,284,083.48 | One Day (ASI CHG) | -0.49% |
| Index | 51,446.60 | One Week (ASI CHG) | -0.29% |
| Volume | 345,491,299.00 | One Month (ASI CHG) | +5.25% |
| Value | N8,290,576,907.64 | Six Months (ASI CHG) | -0.22% |
| Deals | 4,184.00 | 52 Weeks (ASI CHG) | +17.19% |
| Gainers | 18 | Losers | 15 |
| Unchanged | 74 | Total | 107 |
| YTD Returns | +0.38% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.48 |
| NGX30 | -0.31 |
| NGXBNK | 0.07 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | 1.54 |
| NGXINS | -1.75 |
| NGXLOTUSISLM | -0.32 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| THOMASWY | 1.06 | 1.16 | 0.10 | 9.43 |
| MBENEFIT | 0.28 | 0.30 | 0.02 | 7.14 |
| ACADEMY | 1.24 | 1.31 | 0.07 | 5.65 |
| LASACO | 0.90 | 0.94 | 0.04 | 4.44 |
| CHAMS | 0.23 | 0.24 | 0.01 | 4.35 |
| JAPAULGOLD | 0.29 | 0.30 | 0.01 | 3.45 |
| DANGCEM | 262.00 | 270.00 | 8.00 | 3.05 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| NEM | 4.50 | 4.05 | -0.45 | -10.00 |
| CHAMPION | 4.80 | 4.34 | -0.46 | -9.58 |
| CORNERST | 0.60 | 0.56 | -0.04 | -6.67 |
| HONYFLOUR | 2.42 | 2.30 | -0.12 | -4.96 |
| AIRTELAFRI | 1630.00 | 1560.00 | -70.00 | -4.29 |
| FTNCOCOA | 0.27 | 0.26 | -0.01 | -3.70 |
| UACN | 10.40 | 10.10 | -0.30 | -2.88 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 11.20 | 175.00 | 151,387,974.00 | 1,696,960,422.80 |
| BUACEMENT | 96.00 | 92.00 | 30,458,503.00 | 2,919,560,060.00 |
| ZENITHBANK | 24.35 | 286.00 | 25,459,183.00 | 619,713,920.35 |
| FIDELITYBK | 4.70 | 127.00 | 18,555,499.00 | 87,555,483.99 |
| TRANSCORP | 1.20 | 143.00 | 13,009,018.00 | 15,452,651.33 |
| STERLNBANK | 1.40 | 59.00 | 11,120,796.00 | 15,574,298.89 |
| GTCO | 23.65 | 300.00 | 9,921,851.00 | 233,853,990.70 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| BUACEMENT | 96.00 | 92.00 | 30,458,503.00 | 2,919,560,060.00 |
| FBNH | 11.20 | 175.00 | 151,387,974.00 | 1,696,960,422.80 |
| NESTLE | 1080.00 | 104.00 | 943,903.00 | 1,019,395,554.70 |
| ZENITHBANK | 24.35 | 286.00 | 25,459,183.00 | 619,713,920.35 |
| DANGCEM | 270.00 | 133.00 | 1,188,011.00 | 317,641,802.70 |
| AIRTELAFRI | 1560.00 | 38.00 | 180,524.00 | 281,977,200.50 |
| SEPLAT | 1100.00 | 26.00 | 243,043.00 | 267,347,914.10 |
OUTLOOK
We expect profit taking to continue as investors take position for the year.
