The Market Commences The Week Positive As ASI posts a 0.78% gain

The Nigeria Equity Market closed trading activities for today Monday (20/02/2023) positive, as the NGX-ASI increased by 0.78% to 54,224.35 from 53,804.46; indicating a YTD return of +5.80%.

Similarly, the market capitalization increased by N22.87 billion to N29.54 trillion from N29.31trillion. The market turnover increased to N5.49 billion from N3.77 billion.

The market breadth was positive at 0.93x as 14 stocks advanced and 15 stocks declined, while 85 stocks remained unchanged. CONOIL topped the gainers’ list with +9.93% increase, while CAPHOTEL declined by -9.42% to lead the losers’ chart. Also, GTCO recorded the highest volume and AIRTELAFRI recorded highest value for the day.

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

CONOIL(+9.93%), CWG(+9.88%), JOHNHOLT(+9.77%), LIVINGTRUST(+9.57%), TRIPPLEG(+9.55%), IKEJAHOTEL(+9.35%), FIDELITYBK(+7.35%), MBENEFIT(+6.25%), ACADEMY(+5.04%), and AIRTELAFRI(+3.85%).

Read: NGX Price List for Monday, 20th February, 2023

MARKET STATISTICS

CAPN29,310,166,175,692One Day (ASI CHG)+0.78%
Index53,804.46One Week (ASI CHG)-0.26%
Volume172,904,813.00One Month (ASI CHG)+3.10%
ValueN3,765,472,514.96Six Months (ASI CHG)+9.83%
Deals3,077.0052 Weeks (ASI CHG)+15.03%
Gainers14 Losers 15
Unchanged85Total 114
YTD Returns+5.80%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.78
NGX300.75
NGXBNK0.18
NGXCNSMRGDS0.02
NGXINDUSTR-0.05
NGXINS0.13
NGXLOTUSISLM0.24
NGXOILGAS0.86

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price%Change
CONOIL35.2538.753.59.93
CWG 0.810.890.089.88
JOHNHOLT1.331.460.139.77
LIVINGTRUST2.32.520.229.57
TRIPPLEG1.992.180.199.55
IKEJAHOTEL1.071.170.19.35
FIDELITYBK4.765.110.357.35

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price%Change
CAPHOTEL 2.762.5-0.26-9.42
VITAFOAM20.919.4-1.5-7.18
CHAMS0.290.27-0.02-6.9
NAHCO8.48.1-0.3-3.57
ETI12.3512-0.35-2.83
OANDO 43.9-0.1-2.5
WAPIC0.450.44-0.01-2.22

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
GTCO25.125136,683,967.00923,667,498.80
ZENITHBANK2531530,271,088.00758,111,217.95
AIICO0.59318,266,414.004,959,867.09
MANSARD2417,801,437.0015,603,227.88
LIVINGTRUST2.52246,270,100.0013,533,140.40
STERLNBANK1.5425,657,954.008,504,865.77
WAPCO25.51025,634,735.00144,230,703.35

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Value Daily Volume
AIRTELAFRI1620432,939,419,169.001,844,063.00
GTCO25.1251923,667,498.8036,683,967.00
ZENITHBANK25315758,111,217.9530,271,088.00
SEPLAT132517176,413,814.00133,147.00
WAPCO25.5102144,230,703.355,634,735.00
MTNN245.519496,680,414.80398,449.00
TOTAL218.83267,300,504.80307,765.00

OUTLOOK

All the sectors recorded positive dominance in the market except for Industrial sector. We expect positive sentiment to be maintained as investors continue to take refuge in safe haven stocks.

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