Stock Market Closes Flat As ASI Settles At 52,626.42 Basis Point.

The Nigeria Equity Market closed trading activities for today Thursday (19/01/2023) flat, as the NGX-ASI rises by +0.02% to 52,626.42 from 52,615.51 ; indicating a YTD return of +2.68%.

Similarly, the market capitalization increased by N5.94 billion to N28.66 trillion from N28.66 trillion. The market turnover decreased to N1.82 billion from N4.47 billion.

The market breadth was positive at 1.56x as 25 stocks advanced and 16 stocks declined, while 68 stocks remained unchanged. INTENEGINS topped the gainers’ list with +9.76% , while CILEASING declined by -10.00% to lead the losers’ chart. Also, STERLNBANK recorded the highest volume while GEREGU recorded the highest value for the day.

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

INTENEGINS(+9.76%),CWG(+9.47%), CAVERTON(+9.38%),JOHNHOLT(+9.09%), LINKASSURE(+8.33%), NAHCO(+5.41%), WEMABANK(+4.84%),UPL(+3.98%),JAIZBANK(+3.45%), and MULTIVERSE(3.38%).

Read: NGX Price List for Thursday, 19th January 2023

MARKET STATISTICS

CAPN28,664,193,308,208.37One Day (ASI CHG)+0.02%
Index52,626.42One Week (ASI CHG)+1.11%
Volume129,038,807.00One Month (ASI CHG)+6.50%
ValueN1,819,198,653.56Six Months (ASI CHG)+0.61%
Deals3,183.0052 Weeks (ASI CHG)+15.84%
Gainers25 Losers 16
Unchanged 68Total 109
YTD Returns+2.68%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.02
NGX300.01
NGXBNK0.20
NGXCNSMRGDS-0.03
NGXINDUSTR0.05
NGXINS0.36
NGXLOTUSISLM0.15
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% Change
INTENEGINS0.410.450.049.76
CWG0.951.040.099.47
CAVERTON0.961.050.099.38
JOHNHOLT0.880.960.089.09
LINKASSURE0.480.520.048.33
NAHCO7.47.80.45.41
WEMABANK3.723.90.184.84

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% Change
CILEASING3.53.15-0.35-10.00
CHAMS0.280.26-0.02-7.14
SOVRENINS0.280.26-0.02-7.14
UPDCREIT3.33.1-0.2-6.06
ROYALEX0.90.85-0.05-5.56
INTBREW4.94.65-0.25-5.10
NPFMCRFBK1.711.65-0.06-3.51

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
ZENITHBANK24.5323   18,554,221.00   455,739,167.00
GTCO24.35274   18,522,346.00   451,132,720.15
UBA8.05154     9,730,509.00     78,615,682.90
ROYALEX0.8540     9,393,199.00        7,793,022.89
ACCESSCORP9.05125     7,674,961.00     69,493,789.35
FBNH11.6102     6,636,940.00     76,921,588.05
CUSTODIAN636     5,109,981.00     30,649,954.90

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
ZENITHBANK24.5323   18,554,221.00   455,739,167.00
GTCO24.35274   18,522,346.00   451,132,720.15
MTNN229.9207         882,967.00   205,103,025.30
NESTLE110073         107,530.00   116,238,200.00
UBA8.05154     9,730,509.00     78,615,682.90
FBNH11.6102     6,636,940.00     76,921,588.05
ACCESSCORP9.05125     7,674,961.00     69,493,789.35

OUTLOOK

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

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