The Nigeria Equity Market closed trading activities for today Wednesday (18/01/2023) negative, as the NGX-ASI dropped by -0.16% to 52,615.51 from 52,701.31 ; indicating a YTD return of +2.66%.
Similarly, the market capitalization decreased by N46.74 billion to N28.66 trillion from N28.70 trillion. The market turnover increased to N4.47 billion from N4.44 billion.
The market breadth was negative at 0.81x as 17 stocks advanced and 21 stocks declined, while 73 stocks remained unchanged. CHELLARAM topped the gainers’ list with +9.77% , while FTNCOCOA declined by -6.67% to lead the losers’ chart. Also, STERLNBANK recorded the highest volume while GEREGU recorded the highest value for the day.
Stocks whose share prices loss during intra-day trading include:
FTNCOCOA (-6.67%),ABCTRANS(-6.45%), LIVESTOCK(-5.00%),REGALINS (-3.57%), OANDO(+3.30%), AIRTELAFRI(-3.51%), CHAMS(-3.45%),WAPIC(-2.22%),DANGSUGAR(-2.00%), and INTBREW(-2.00%).
Read: NGX Price List for Wednesday, 18th January 2023
MARKET STATISTICS
| CAP | N28,658,251,991,899.05 | One Day (ASI CHG) | -0.16% |
| Index | 52,615.51 | One Week (ASI CHG) | +1.71% |
| Volume | 217,946,345.00 | One Month (ASI CHG) | +6.69% |
| Value | N4,471,512,745.69 | Six Months (ASI CHG) | +0.57% |
| Deals | 3,377.00 | 52 Weeks (ASI CHG) | +17.82% |
| Gainers | 17 | Losers | 21 |
| Unchanged | 73 | Total | 111 |
| YTD Returns | +2.66% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.16 |
| NGX30 | -0.19 |
| NGXBNK | 0.05 |
| NGXCNSMRGDS | -0.2 |
| NGXINDUSTR | -0.99 |
| NGXINS | 1.36 |
| NGXLOTUSISLM | -0.22 |
| NGXOILGAS | 0.07 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | Change Percent |
| CHELLARAM | 1.33 | 1.46 | 0.13 | 9.77 |
| CHIPLC | 0.63 | 0.69 | 0.06 | 9.52 |
| LINKASSURE | 0.44 | 0.48 | 0.04 | 9.09 |
| INTENEGINS | 0.38 | 0.41 | 0.03 | 7.89 |
| MBENEFIT | 0.30 | 0.32 | 0.02 | 6.67 |
| UNITYBNK | 0.55 | 0.58 | 0.03 | 5.45 |
| NAHCO | 7.15 | 7.40 | 0.25 | 3.50 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | Change Percent |
| FTNCOCOA | 0.30 | 0.28 | -0.02 | -6.67 |
| ABCTRANS | 0.31 | 0.29 | -0.02 | -6.45 |
| LIVESTOCK | 1.20 | 1.14 | -0.06 | -5.00 |
| REGALINS | 0.28 | 0.27 | -0.01 | -3.57 |
| OANDO | 3.99 | 3.85 | -0.14 | -3.51 |
| CHAMS | 0.29 | 0.28 | -0.01 | -3.45 |
| WAPIC | 0.45 | 0.44 | -0.01 | -2.22 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| STERLNBANK | 1.52 | 38.00 | 94,270,211.00 | 145,518,959.70 |
| ZENITHBANK | 24.55 | 341.00 | 16,918,676.00 | 416,080,298.10 |
| GTCO | 24.45 | 211.00 | 13,162,108.00 | 320,144,198.10 |
| GEREGU | 138.80 | 9.00 | 10,100,682.00 | 1,352,974,426.00 |
| ACCESSCORP | 9.00 | 113.00 | 9,130,525.00 | 82,207,144.35 |
| UBA | 8.15 | 144.00 | 8,132,815.00 | 66,072,333.80 |
| TRANSCORP | 1.21 | 64.00 | 5,861,074.00 | 7,060,586.43 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GEREGU | 138.80 | 9.00 | 10,100,682.00 | 1,352,974,426.00 |
| AIRTELAFRI | 1610.00 | 24.00 | 380,995.00 | 612,596,768.90 |
| DANGCEM | 265.00 | 51.00 | 2,105,734.00 | 557,813,538.80 |
| ZENITHBANK | 24.55 | 341.00 | 16,918,676.00 | 416,080,298.10 |
| GTCO | 24.45 | 211.00 | 13,162,108.00 | 320,144,198.10 |
| NESTLE | 1100.00 | 92.00 | 285,305.00 | 313,835,312.70 |
| MTNN | 229.90 | 183.00 | 964,686.00 | 221,793,032.00 |
OUTLOOK
We expect positive sentiments to continue as investors take position for the year.
