The Nigeria Equity Market closed trading activities for today Tueday (24/01/2023) negative, as the NGX-ASI fell by -0.09% to 52,612.55 from 52,657.69 ; indicating a YTD return of +2.66%.
Similarly, the market capitalization decreased by -24.59 billion to N28.67 trillion from N28.68 trillion. The market turnover increased to N4.82 billion from N1.78 billion.
The market breadth was positive at 1.36x as 19 stocks advanced and 14stocks declined, while 74stocks remained unchanged. MBENEFIT topped the gainers’ list with +10.00% , while NB declined by -9.90% to lead the losers’ chart. Also, GEREGU recorded the highest volume and the highest value for the day.
Stocks whose share prices loss during intra-day trading include:
NB(-9.90%),CAVERTON(-9.52%), CHAMPION(-8.00%),WAPIC(-6.67%), NGXGROUP(-5.93%), IMG(-5.41%), JAIZBANK(-4.44%),GEREGU(-4.04%),MAYBAKER(-3.82%), and AIICO(-2.99%).
Read: NGX Price List for Tuesday, 24th January 2023
MARKET STATISTICS
| CAP | N28,656,640,506,923.56 | One Day (ASI CHG) | -0.09% |
| Index | 52,612.55 | One Week (ASI CHG) | -0.17% |
| Volume | 182,397,318.00 | One Month (ASI CHG) | +5.85% |
| Value | N4,821,884,088.88 | Six Months (ASI CHG) | +1.22% |
| Deals | 3,470.00 | 52 Weeks (ASI CHG) | +14.55% |
| Gainers | 19 | Losers | 14 |
| Unchanged | 74 | Total | 107 |
| YTD Returns | +2.66% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.09 |
| NGX30 | -0.01 |
| NGXBNK | 0.32 |
| NGXCNSMRGDS | -1.21 |
| NGXINDUSTR | 0.36 |
| NGXINS | -0.13 |
| NGXLOTUSISLM | 0.01 |
| NGXOILGAS | 0 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %age Change |
| MBENEFIT | 0.3 | 0.33 | 0.03 | 10.00 |
| UNILEVER | 11.1 | 12.2 | 1.1 | 9.91 |
| CILEASING | 3.15 | 3.46 | 0.31 | 9.84 |
| ABCTRANS | 0.31 | 0.34 | 0.03 | 9.68 |
| INTENEGINS | 0.49 | 0.53 | 0.04 | 8.16 |
| CORNERST | 0.54 | 0.58 | 0.04 | 7.41 |
| COURTVILLE | 0.48 | 0.51 | 0.03 | 6.25 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %age Change |
| NB | 46.45 | 41.85 | -4.6 | -9.90 |
| CAVERTON | 1.05 | 0.95 | -0.1 | -9.52 |
| CHAMPION | 5 | 4.6 | -0.4 | -8.00 |
| WAPIC | 0.45 | 0.42 | -0.03 | -6.67 |
| NGXGROUP | 27 | 25.4 | -1.6 | -5.93 |
| IMG | 7.4 | 7 | -0.4 | -5.41 |
| JAIZBANK | 0.9 | 0.86 | -0.04 | -4.44 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GEREGU | 142.4 | 56 | 23,840,483.00 | 3,195,589,930.50 |
| ACCESSCORP | 9.05 | 179 | 17,299,269.00 | 155,782,078.90 |
| TRANSCORP | 1.23 | 58 | 16,647,683.00 | 20,070,222.77 |
| CHAMS | 0.28 | 57 | 15,271,903.00 | 4,281,774.10 |
| UBA | 8.3 | 211 | 12,682,205.00 | 105,116,349.20 |
| GTCO | 24.05 | 200 | 12,486,994.00 | 303,413,882.30 |
| ZENITHBANK | 24.5 | 228 | 10,893,348.00 | 267,120,053.70 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GEREGU | 142.4 | 56 | 23,840,483.00 | 3,195,589,930.50 |
| GTCO | 24.05 | 200 | 12,486,994.00 | 303,413,882.30 |
| ZENITHBANK | 24.5 | 228 | 10,893,348.00 | 267,120,053.70 |
| ACCESSCORP | 9.05 | 179 | 17,299,269.00 | 155,782,078.90 |
| UBA | 8.3 | 211 | 12,682,205.00 | 105,116,349.20 |
| FBNH | 11.7 | 114 | 8,700,594.00 | 101,822,120.10 |
| MTNN | 230 | 240 | 441,679.00 | 101,592,225.40 |
OUTLOOK
We expect positive sentiment to be sustained as investors lean towards financial stocks and other defensive stocks.
