The Nigeria Equity Market closed trading activities for today Friday (03/03/2023) negative, as the NGX-ASI dipped by -0.25% to 55,529.21 from 55,670.24 ; indicating a YTD return of +8.35%.
Similarly, the market capitalization decreased by N76.87 billion to N30.25 trillion from N30.33 trillion. The market turnover decreased to N2.66 billion from N3.26 billion.
The market breadth was positive at 1.06x as 17 stocks advanced and 16 stocks declined, while 73 stocks remained unchanged. ACADEMY topped the gainer’ list with +9.48% , while SSEPLAT declined by -9.43% to lead the losers’ chart. Also, STERLNBANK recorded the highest volume and ZENITHBANK recorded highest value for the day.
Stocks whose share prices decreased during intra-day trading include:
SEPLAT(-9.43%), OANDO(-8.62), WAPIC(-6.82%)UNITYBNK(-5.26%), FCMB(-4.02%), CHAMS(-3.85%), STERLNBANK(-3.23%), LASACO(-2.91%), and LIVESTOCK(-2.73%).
Read: NGX Price List for Friday 3rd March, 2023
MARKET STATISTICS
| CAP | N30,249,730,696,305.52 | One Day (ASI CHG) | -0.25% |
| Index | 55,529.21 | One Week (ASI CHG) | +1.05% |
| Volume | 750,791,853.00 | One Month (ASI CHG) | +4.30.% |
| Value | N2,662,642,974.57 | Six Months (ASI CHG) | +11.42% |
| Deals | 3,962.00 | 52 Weeks (ASI CHG) | +17.41% |
| Gainers | 17 | Losers | 16 |
| Unchanged | 73 | Total | 106 |
| YTD Returns | +8.35% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.25 |
| NGX30 | -0.25 |
| NGXBNK | 0.17 |
| NGXCNSMRGDS | 0.2 |
| NGXINDUSTR | 0.0 |
| NGXINS | -0.57 |
| NGXLOTUSISLM | 0.0 |
| NGXOILGAS | -4.62 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %change |
| ACADEMY | 1.16 | 1.27 | 0.11 | 9.48 |
| NEIMETH | 1.45 | 1.58 | 0.13 | 8.97 |
| HONYFLOUR | 2.17 | 2.34 | 0.17 | 7.83 |
| FLOURMILL | 32.00 | 33.50 | 1.50 | 4.69 |
| SOVRENINS | 0.27 | 0.28 | 0.01 | 3.70 |
| JAPAULGOLD | 0.28 | 0.29 | 0.01 | 3.57 |
| LINKASSURE | 0.44 | 0.45 | 0.01 | 2.27 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %change |
| SEPLAT | 1325.00 | 1200.00 | -125.00 | -9.43 |
| OANDO | 4.99 | 4.56 | -0.43 | -8.62 |
| WAPIC | 0.44 | 0.41 | -0.03 | -6.82 |
| UNITYBNK | 0.57 | 0.54 | -0.03 | -5.26 |
| FCMB | 4.48 | 4.30 | -0.18 | -4.02 |
| CHAMS | 0.26 | 0.25 | -0.01 | -3.85 |
| STERLNBANK | 1.55 | 1.50 | -0.05 | -3.23 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| STERLNBANK | 1.50 | 98.00 | 45,571,770.00 | 68,986,663.84 |
| ZENITHBANK | 26.60 | 264.00 | 17,396,863.00 | 461,811,848.65 |
| TRANSCORP | 1.28 | 96.00 | 11,033,968.00 | 14,306,332.46 |
| AIICO | 0.59 | 51.00 | 9,383,743.00 | 5,570,699.02 |
| UCAP | 14.60 | 236.00 | 8,939,615.00 | 129,826,791.40 |
| GTCO | 26.50 | 235.00 | 8,013,979.00 | 212,267,575.95 |
| OANDO | 4.56 | 165.00 | 8,012,765.00 | 36,543,352.99 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 26.60 | 264.00 | 17,396,863.00 | 461,811,848.65 |
| SEPLAT | 1200.00 | 19.00 | 349,053.00 | 418,877,963.00 |
| GEREGU | 325.00 | 198.00 | 825,724.00 | 251,896,204.90 |
| GTCO | 26.50 | 235.00 | 8,013,979.00 | 212,267,575.95 |
| AIRTELAFRI | 1548.70 | 36.00 | 99,964.00 | 151,184,980.20 |
| UCAP | 14.60 | 236.00 | 8,939,615.00 | 129,826,791.40 |
| DANGSUGAR | 19.20 | 296.00 | 5,668,966.00 | 109,135,131.75 |
OUTLOOK
Market recorded positive dominance three times during the week ,we expect this trend to continue as companies announce dividends.
