The Nigeria Equity Market closed trading activities for today Friday (20/01/2023) flat, as the NGX-ASI dropped by -0.06% to 52,594.68 from 52,626.42 ; indicating a YTD return of +2.62%.
Similarly, the market capitalization decreased by N17.28 billion to N28.65 trillion from N28.66 trillion. The market turnover decreased to N1.68 billion from N1.82 billion.
The market breadth was positive at 1.15x as 15 stocks advanced and 13 stocks declined, while 82 stocks remained unchanged. ABBEYBDS topped the gainers’ list with +9.80% , while LINKASSURE declined by -9.62% to lead the losers’ chart. Also, VERITASKAP recorded the highest volume while NESTLE recorded the highest value for the day.
Stocks whose share prices loss during intra-day trading include:
LINKASSURE(-9.62%),CHIPLC(-7.35%), MBENEFIT(-3.23%),DANGSUGAR(-2.58%), JAIZBANK(-2.22%), PZ(-1.94%), NESTLE(-1.81%),AIICO(-1.52%),GTCO(-1.03%), and FCMB(-0.99%).
Read: NGX Price List for Friday, 20th January 2023
MARKET STATISTICS
| CAP | N28,646,906,485,244.60 | One Day (ASI CHG) | -0.06% |
| Index | 52,594.68 | One Week (ASI CHG) | +0.16% |
| Volume | 443,752,621.00 | One Month (ASI CHG) | +6.43% |
| Value | N1,684,255,843.46 | Six Months (ASI CHG) | +0.78% |
| Deals | 3,100.00 | 52 Weeks (ASI CHG) | +14.61% |
| Gainers | 15 | Losers | 13 |
| Unchanged | 82 | Total | 110 |
| YTD Returns | -0.06% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.06 |
| NGX30 | -0.06 |
| NGXBNK | 0.37 |
| NGXCNSMRGDS | -0.62 |
| NGXINDUSTR | -0.03 |
| NGXINS | -0.25 |
| NGXLOTUSISLM | -0.36 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| ABBEYBDS | 1.53 | 1.68 | 0.15 | 9.80 |
| PRESTIGE | 0.42 | 0.46 | 0.04 | 9.52 |
| INTENEGINS | 0.45 | 0.49 | 0.04 | 8.89 |
| CORNERST | 0.56 | 0.60 | 0.04 | 7.14 |
| FTNCOCOA | 0.28 | 0.29 | 0.01 | 3.57 |
| UNITYBNK | 0.56 | 0.58 | 0.02 | 3.57 |
| ETI | 11.65 | 12.05 | 0.40 | 3.43 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| LINKASSURE | 0.52 | 0.47 | -0.05 | -9.62 |
| CHIPLC | 0.68 | 0.63 | -0.05 | -7.35 |
| MBENEFIT | 0.31 | 0.30 | -0.01 | -3.23 |
| DANGSUGAR | 17.45 | 17.00 | -0.45 | -2.58 |
| JAIZBANK | 0.90 | 0.88 | -0.02 | -2.22 |
| PZ | 10.30 | 10.10 | -0.20 | -1.94 |
| NESTLE | 1100.00 | 1080.10 | -19.90 | -1.81 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| VERITASKAP | 0.20 | 11.00 | 347,052,571.00 | 69,410,514.20 |
| ACCESSCORP | 9.05 | 158.00 | 11,346,864.00 | 102,400,772.05 |
| ZENITHBANK | 24.45 | 255.00 | 6,975,413.00 | 170,899,566.15 |
| FIDELITYBK | 5.00 | 95.00 | 6,623,981.00 | 33,127,028.89 |
| CHAMS | 0.26 | 20.00 | 5,988,040.00 | 1,573,950.80 |
| UBA | 8.10 | 95.00 | 5,349,930.00 | 43,189,598.80 |
| TRANSCORP | 1.23 | 61.00 | 4,683,848.00 | 5,663,762.19 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| NESTLE | 1080.10 | 39.00 | 451,462.00 | 487,651,627.70 |
| ZENITHBANK | 24.45 | 255.00 | 6,975,413.00 | 170,899,566.15 |
| MTNN | 229.90 | 176.00 | 501,628.00 | 116,917,477.80 |
| GTCO | 24.10 | 204.00 | 4,589,334.00 | 111,266,261.10 |
| ACCESSCORP | 9.05 | 158.00 | 11,346,864.00 | 102,400,772.05 |
| NGXGROUP | 27.00 | 38.00 | 3,461,494.00 | 92,959,956.10 |
| VERITASKAP | 0.20 | 11.00 | 347,052,571.00 | 69,410,514.20 |
OUTLOOK
We expect all the other sectors to show positive sentiment in the coming week as only the banking sector recorded an ample gain as market closes for the week.
