The Nigeria Equity Market closed trading activities for today Thursday (02/03/2023) positive, as the NGX-ASI rises by +0.29% to 55,670.24 from 55,508.61 ; indicating a YTD return of +8.62%.
Similarly, the market capitalization increased by N88.05 billion to N30.33 trillion from N30.24 trillion. The market turnover decreased to N3.26 billion from N6.58 billion.
The market breadth was negtive at 0.64x as 16 stocks advanced and 25 stocks declined, while 68 stocks remained unchanged. SUNUASSUR topped the gainer’ list with +10.00% , while SOVRENINS declined by -10.00% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume and AIRTELAFRI recorded highest value for the day.
Stocks whose share prices increased during intra-day trading include:
SUNUASSUR(+10.00%), DANGSUGAR(+9.94), GEREGU(+9.02%)NASCON(+8.93%), CWG(+8.89%), FTNCOCOA(+7.14%), REGALINS(+7.14%), UPDC(+4.90%), UNITYBNK(+3.64%), and PZ(+3.40%).
Read: NGX Price List for Thursday 2nd March, 2023
MARKET STATISTICS
| CAP | N30,326,556,130,429.25 | One Day (ASI CHG) | +0.29% |
| Index | 55,670.24 | One Week (ASI CHG) | +1.87% |
| Volume | 206,110,250.00 | One Month (ASI CHG) | +4.73.% |
| Value | N3,259,641,555.89 | Six Months (ASI CHG) | +12.14% |
| Deals | 4,385.00 | 52 Weeks (ASI CHG) | +17.54% |
| Gainers | 16 | Losers | 25 |
| Unchanged | 68 | Total | 109 |
| YTD Returns | +8.62% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.29 |
| NGX30 | -0.03 |
| NGXBNK | -1.11 |
| NGXCNSMRGDS | 0.58 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.09 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | -0.25 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| SUNUASSUR | 0.4 | 0.44 | 0.04 | 10.00 |
| DANGSUGAR | 17.6 | 19.35 | 1.75 | 9.94 |
| GEREGU | 298.1 | 325 | 26.9 | 9.02 |
| NASCON | 11.2 | 12.2 | 1 | 8.93 |
| CWG | 0.9 | 0.98 | 0.08 | 8.89 |
| FTNCOCOA | 0.28 | 0.3 | 0.02 | 7.14 |
| REGALINS | 0.28 | 0.3 | 0.02 | 7.14 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| SOVRENINS | 0.3 | 0.27 | -0.03 | -10.00 |
| ACADEMY | 1.28 | 1.16 | -0.12 | -9.38 |
| TRANSCORP | 1.38 | 1.27 | -0.11 | -7.97 |
| CHAMS | 0.28 | 0.26 | -0.02 | -7.14 |
| NGXGROUP | 29 | 27.1 | -1.9 | -6.55 |
| MRS | 36.85 | 34.5 | -2.35 | -6.38 |
| JAIZBANK | 0.96 | 0.91 | -0.05 | -5.21 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.27 | 174 | 29,746,484.00 | 39,149,545.70 |
| ACCESSCORP | 9.3 | 218 | 18,645,135.00 | 172,315,683.40 |
| UACN | 8.5 | 139 | 14,021,246.00 | 118,344,625.80 |
| GTCO | 26.7 | 269 | 13,055,747.00 | 348,627,773.75 |
| ZENITHBANK | 26.4 | 233 | 9,276,253.00 | 244,604,831.50 |
| FIDELITYBK | 5.11 | 125 | 9,100,651.00 | 46,725,253.42 |
| UBA | 8.7 | 143 | 8,890,562.00 | 77,320,629.05 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1548.7 | 63 | 631,244.00 | 959,114,174.80 |
| GTCO | 26.7 | 269 | 13,055,747.00 | 348,627,773.75 |
| ZENITHBANK | 26.4 | 233 | 9,276,253.00 | 244,604,831.50 |
| WAPCO | 27 | 160 | 7,611,641.00 | 205,387,966.00 |
| ACCESSCORP | 9.3 | 218 | 18,645,135.00 | 172,315,683.40 |
| DANGSUGAR | 19.35 | 137 | 8,353,161.00 | 160,906,549.35 |
| UACN | 8.5 | 139 | 14,021,246.00 | 118,344,625.80 |
OUTLOOK
Cashless policy draws attentions to the stock market, as investors confidence returns.
