Local Bourse Closes Negative As The ASI Dipped by 0.31%

The Nigeria Equity Market closed trading activities for today Monday (16/01/2023) negative, as the NGX-ASI fell by -0.31% to 52,348.82 from 52,512.48 ; indicating a YTD return of +2.41%.

Similarly, the market capitalization decreased by N89.14 billion to N28.51 trillion from N28.60 trillion. The market turnover increased to N3.25 billion from N2.55 billion.

The market breadth was negative at 0.91x as 20 stocks advanced and 22 stocks declined, while 68 stocks remained unchanged. PRESCO topped the gainers’ list with +9.67% , while PRESTIGE declined by -8.70% to lead the losers’ chart. Also, UBA recorded the highest volume while GTCO recorded the highest value for the day.

Stocks whose share prices loss during intra-day trading include:

PRESTIGE(-8.70%),LIVESTOCK (-7.69%), MBENEFITL(-6.25%),HONYFLOUR(-6.22%), LASACO(+6.06%), ETI (-5.83%), UBA(-4.19%), ACCESSCORP(-3.76%),ZENITHBANK(-3.72%), and WAPCO(-3.56%).

Read: NGX Price List for Monday, 16th January 2023

MARKET STATISTICS

CAPN28,512,991,869,338.87One Day (ASI CHG)-0.31%
Index52,348.82One Week (ASI CHG)+1.27%
Volume221,854,219.00One Month (ASI CHG)+6.15%
ValueN3,249,695,309.87Six Months (ASI CHG)+0.26%
Deals5,219.0052 Weeks (ASI CHG)+17.36%
Gainers20 Losers 22
Unchanged 68Total110
YTD Returns+2.14%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI-0.31
NGX30-0.3
NGXBNK-3.39
NGXCNSMRGDS-0.08
NGXINDUSTR-0.18
NGXINS0.39
NGXLOTUSISLM-0.37

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price%Change
PRESCO137.50150.8013.309.67
WAPIC0.420.460.049.52
FTNCOCOA0.280.300.027.14
ABCTRANS0.290.310.026.90
RTBRISCOE0.290.310.026.90
LINKASSURE0.440.470.036.82
REDSTAREX2.262.360.104.42

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price%Change
PRESTIGE0.460.42-0.04-8.70
LIVESTOCK1.301.20-0.10-7.69
MBENEFIT0.320.30-0.02-6.25
HONYFLOUR2.412.26-0.15-6.22
LASACO0.990.93-0.06-6.06
ETI12.0011.30-0.70-5.83
UBA8.358.00-0.35-4.19

Top 7 Traders by Volume

SecurityClose PriceNumber of TradesDaily VolumeDaily Value
UBA              8.00      257.00       22,932,760.00        185,902,025.20
GTCO           24.10      403.00       20,031,373.00        482,501,863.75
TRANSCORP              1.21      104.00       14,593,537.00          17,601,176.54
FBNH           11.55      216.00       14,124,452.00        163,127,689.80
ZENITHBANK           24.60        46.92       13,516,792.00        336,303,312.80
ACCESSCORP              8.95      210.00       12,705,157.00        115,115,225.40
FIDELITYBK              5.02      143.00       11,257,497.00          56,377,765.64

Top 7 Traders by Value

Security Close Price  Number of Trades  Daily Volume  Daily Value 
GTCO           24.10      403.00       20,031,373.00        482,501,863.75
ZENITHBANK           24.60        46.92       13,516,792.00        336,303,312.80
NESTLE     1,080.00      115.00             292,940.00        323,298,376.80
AIRTELAFRI     1,550.00        15.00             179,844.00        292,972,803.80
WAPCO           24.40      258.00          8,458,669.00        210,409,054.45
UBA              8.00      257.00       22,932,760.00        185,902,025.20
SEPLAT     1,100.00        48.00             153,138.00        168,421,632.80

OUTLOOK

We expect positive sentiments to continue as investors take position for the year.

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