The Nigeria Equity Market closed trading activities for today Tuesday (31/01/2023) positive, as the NGX-ASI grew by 0.15% to 53,238.67 from 53,157.83; indicating a YTD return of +3.88%.
Similarly, the market capitalization increased by 44.03 billion to N29 trillion from N28.95 trillion. The market turnover increased to N5.88 billion from N5.67billion.
The market breadth was positive at 1.6x as 28 stocks advanced and 17 stocks declined, while 69 stocks remained unchanged. GEREGU and VERITASKAP topped the gainers’ list with +10.00% , while CHAMS and NCR declined by -10.00% to lead the losers’ chart. Also, UNIVINSURE recorded the highest volume while AIRTELAFRI recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
GEREGU(+10.00%), VERITASKAP(+10.00%), JOHNHOLT(+9.92%), SCOA(+9.78%), WAPIC(+9.76%), NNFM(+9.63%), LASACO(+9.57%), CWG(+8.99%), INTENEGINS(+8.70%), and SOVRENINS(+7.69%).
Read: NGX Price List for Tuesday, 31st January 2023
MARKET STATISTICS
| CAP | N28,997,668,478,148.40 | One Day (ASI CHG) | +0.15% |
| Index | 53,238.67 | One Week (ASI CHG) | +1.19% |
| Volume | 250,191,637.00 | One Month (ASI CHG) | +3.38% |
| Value | N5,884,928,512.74 | Six Months (ASI CHG) | +5.69% |
| Deals | 4,328.00 | 52 Weeks (ASI CHG) | +14.19% |
| Gainers | 28 | Losers | 17 |
| Unchanged | 69 | Total | 114 |
| YTD Returns | +3.88% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.15 |
| NGX30 | 0.02 |
| NGXBNK | -0.03 |
| NGXCNSMRGDS | -0.17 |
| NGXINDUSTR | 0.03 |
| NGXINS | 2.98 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %age Change |
| GEREGU | 176 | 193.6 | 17.6 | 10.00 |
| VERITASKAP | 0.2 | 0.22 | 0.02 | 10.00 |
| JOHNHOLT | 1.21 | 1.33 | 0.12 | 9.92 |
| SCOA | 0.92 | 1.01 | 0.09 | 9.78 |
| WAPIC | 0.41 | 0.45 | 0.04 | 9.76 |
| NNFM | 6.75 | 7.4 | 0.65 | 9.63 |
| LASACO | 0.94 | 1.03 | 0.09 | 9.57 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %age Change |
| CHAMS | 0.3 | 0.27 | -0.03 | -10.00 |
| NCR | 3.6 | 3.24 | -0.36 | -10.00 |
| UNITYBNK | 0.55 | 0.5 | -0.05 | -9.09 |
| ROYALEX | 0.78 | 0.71 | -0.07 | -8.97 |
| JAPAULGOLD | 0.36 | 0.33 | -0.03 | -8.33 |
| COURTVILLE | 0.5 | 0.47 | -0.03 | -6.00 |
| LIVESTOCK | 1.08 | 1.02 | -0.06 | -5.56 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UNIVINSURE | 0.2 | 24 | 48,553,615.00 | 9,710,723.00 |
| GTCO | 24.95 | 264 | 14,158,875.00 | 353,772,966.30 |
| ZENITHBANK | 25 | 277 | 12,516,967.00 | 315,023,039.30 |
| ACCESSCORP | 9.1 | 162 | 11,569,619.00 | 104,882,743.70 |
| UNITYBNK | 0.5 | 33 | 10,879,304.00 | 5,475,886.30 |
| FIDELITYBK | 5.4 | 169 | 10,722,959.00 | 58,433,833.31 |
| MBENEFIT | 0.39 | 32 | 10,156,688.00 | 3,833,887.44 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1660 | 112 | 2,136,621.00 | 3,309,671,760.80 |
| GEREGU | 193.6 | 110 | 3,151,477.00 | 607,992,660.70 |
| GTCO | 24.95 | 264 | 14,158,875.00 | 353,772,966.30 |
| ZENITHBANK | 25 | 277 | 12,516,967.00 | 315,023,039.30 |
| NGXGROUP | 26.75 | 47 | 5,334,714.00 | 143,380,465.25 |
| ACCESSCORP | 9.1 | 162 | 11,569,619.00 | 104,882,743.70 |
| WAPCO | 25.1 | 135 | 3,621,071.00 | 90,775,772.15 |
OUTLOOK
We expect positive sentiment to be sustained as investors continue to take positions for the year.
