The Nigeria Equity Market closed trading activities for today Friday (02/02/2023) positive, as the NGX-ASI grew by 0.40% to 54,213.09 from 53,998.12.; indicating a YTD return of +5.80%.
Similarly, the market capitalization increased by 117.09billion to N29.53 trillion from N29.41 trillion. The market turnover decreased to N2.35 billion from N8.07 billion.
The market breadth was positive at 3.5x as 35 stocks advanced and 10 stocks declined, while 69 stocks remained unchanged. INTENEGINS, REDSTAREX and FTNCOCOA topped the gainers’ list with +10.00% respectively , while IKEJAHOTEL declined by -10.00% to lead the losers’ chart. Also, UNIVINSURE recorded the highest volume while GTCO recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
INTENEGINS(+10.00%), REDSTAREX(+10.00%), FTNCOCOA(+10.00%), MRS(+9.94%), NNFM(+9.55%), TRIPPLEG(+9.38%),CWG(+8.89%), CUTIX(+7.00%), ROYALEX(+6.49%), and UPDCREIT(+6.25%).
Read: NGX Price List for Friday, 3rd February 2023
MARKET STATISTICS
| CAP | N29,528,410,400,670.03 | One Day (ASI CHG) | +0.40% |
| Index | 54,213.09 | One Week (ASI CHG) | +2.95% |
| Volume | 268,015,363.00 | One Month (ASI CHG) | +5.07% |
| Value | N2,354,397,555.30 | Six Months (ASI CHG) | +7.15% |
| Deals | 4,017.00 | 52 Weeks (ASI CHG) | +14.54% |
| Gainers | 35 | Losers | 10 |
| Unchanged | 69 | Total | 114 |
| YTD Returns | +5.80% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.4 |
| NGX30 | 0.46 |
| NGXBNK | 1.06 |
| NGXCNSMRGDS | -0.39 |
| NGXINDUSTR | 0.04 |
| NGXINS | 0.31 |
| NGXLOTUSISLM | 0.08 |
| NGXOILGAS | 0.17 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| FTNCOCOA | 0.30 | 0.33 | 0.03 | 10.00 |
| INTENEGINS | 0.90 | 0.99 | 0.09 | 10.00 |
| REDSTAREX | 2.30 | 2.53 | 0.23 | 10.00 |
| MRS | 17.60 | 19.35 | 1.75 | 9.94 |
| NNFM | 8.90 | 9.75 | 0.85 | 9.55 |
| TRIPPLEG | 0.96 | 1.05 | 0.09 | 9.38 |
| CWG | 0.90 | 0.98 | 0.08 | 8.89 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| IKEJAHOTEL | 1.10 | 0.99 | -0.11 | -10.00 |
| LASACO | 1.02 | 0.96 | -0.06 | -5.88 |
| ABCTRANS | 0.37 | 0.35 | -0.02 | -5.41 |
| UNIVINSURE | 0.21 | 0.20 | -0.01 | -4.76 |
| MAYBAKER | 4.85 | 4.71 | -0.14 | -2.89 |
| WAPIC | 0.44 | 0.43 | -0.01 | -2.27 |
| NESTLE | 1100.00 | 1080.00 | -20.00 | -1.82 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UNIVINSURE | 0.20 | 39.00 | 63,357,952.00 | 12,684,573.73 |
| GTCO | 25.20 | 219.00 | 20,798,783.00 | 522,208,107.30 |
| TRANSCORP | 1.31 | 116.00 | 19,462,488.00 | 25,013,303.87 |
| INTENEGINS | 0.99 | 78.00 | 12,768,947.00 | 12,637,741.98 |
| ACCESSCORP | 9.20 | 138.00 | 12,535,185.00 | 114,109,774.65 |
| CUSTODIAN | 6.00 | 28.00 | 10,817,451.00 | 64,906,892.10 |
| STERLNBANK | 1.63 | 45.00 | 10,142,728.00 | 16,444,371.68 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 25.20 | 219.00 | 20,798,783.00 | 522,208,107.30 |
| NESTLE | 1080.00 | 86.00 | 190,598.00 | 206,611,988.50 |
| ZENITHBANK | 25.20 | 184.00 | 7,978,833.00 | 200,335,769.30 |
| MTNN | 237.90 | 262.00 | 810,884.00 | 193,000,674.90 |
| ACCESSCORP | 9.20 | 138.00 | 12,535,185.00 | 114,109,774.65 |
| STANBIC | 34.50 | 45.00 | 2,865,751.00 | 99,139,138.05 |
| BUAFOODS | 74.50 | 56.00 | 1,161,621.00 | 79,063,588.45 |
OUTLOOK
We expect positive sentiment to be sustained as investors continue to pile into defensive and financial stocks
