The Nigeria Equity Market closed trading activities for today Friday (10/03/2023) negative as the NGX-ASI decreased by 0.05% to 55,794.51 from 55,822.14 ; indicating a YTD return of +8.87%.
Similarly, the market capitalization decreased by N14.6 billion to N30.39 trillion from N30.41 trillion. The market turnover increased to N8.59 billion from N3.09 billion.
The market breadth was negative at 0.5x as 9 stocks advanced and 18 stocks declined, while 80 stocks remained unchanged. NCR topped the gainers’ list with +9.89%, while CONOIL declined by -9.95% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume and BUACEMENT recorded highest value for the day.
Stocks whose share prices decreased during intra-day trading include: CONOIL(-9.95%), CAVERTON(-9.65%), CHAMPION(-8.00%), HONYFLOUR(-3.93%), CHAMS(+3.85%), JAPAULGOLD(-3.45%), UPDCREITC(-3.03%), MBENEFIT(-3.03%), JAIZBANK(-2.17%), and LINKASSURE (-2.17%).
Read: NGX Price List for Friday, 10th March, 2023
MARKET STATISTICS
| CAP | N30,394,693,984,787.26 | One Day (ASI CHG) | -0.05% |
| Index | 55,794.51 | One Week (ASI CHG) | +0.48% |
| Volume | 276,037,276.00 | One Month (ASI CHG) | +2.75% |
| Value | N8,594,665,114.75 | Six Months (ASI CHG) | +12.41% |
| Deals | 3,467.00 | 52 Weeks (ASI CHG) | +17.80% |
| Gainers | 9.00 | Losers | 18.00 |
| Unchanged | 80.00 | Total | 107.00 |
| YTD Returns | +8.87% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.05 |
| NGX30 | -0.04 |
| NGXBNK | -0.56 |
| NGXCNSMRGDS | -0.04 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.45 |
| NGXLOTUSISLM | -0.05 |
| NGXOILGAS | -0.54 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| NCR | 2.63 | 2.89 | 0.26 | 9.89 |
| NGXGROUP | 26.85 | 28.80 | 1.95 | 7.26 |
| ARDOVA | 15.95 | 17.05 | 1.10 | 6.90 |
| MANSARD | 2.00 | 2.10 | 0.10 | 5.00 |
| RTBRISCOE | 0.26 | 0.27 | 0.01 | 3.85 |
| GUINNESS | 69.00 | 70.00 | 1.00 | 1.45 |
| ROYALEX | 0.75 | 0.76 | 0.01 | 1.33 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| CONOIL | 42.20 | 38.00 | -4.20 | -9.95 |
| CAVERTON | 1.14 | 1.03 | -0.11 | -9.65 |
| CHAMPION | 5.00 | 4.60 | -0.40 | -8.00 |
| HONYFLOUR | 2.29 | 2.20 | -0.09 | -3.93 |
| CHAMS | 0.26 | 0.25 | -0.01 | -3.85 |
| JAPAULGOLD | 0.29 | 0.28 | -0.01 | -3.45 |
| UPDCREIT | 3.30 | 3.20 | -0.10 | -3.03 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.38 | 200.00 | 87,372,916.00 | 119,907,588.32 |
| BUACEMENT | 99.45 | 47.00 | 70,943,613.00 | 7,046,657,443.95 |
| UBA | 8.25 | 161.00 | 13,782,015.00 | 115,230,508.90 |
| ZENITHBANK | 25.80 | 342.00 | 13,220,321.00 | 341,498,632.55 |
| CHAMS | 0.25 | 32.00 | 9,767,769.00 | 2,383,440.16 |
| UCAP | 14.65 | 234.00 | 6,735,009.00 | 98,607,751.95 |
| ACCESSCORP | 9.15 | 96.00 | 6,585,544.00 | 60,123,134.80 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| BUACEMENT | 99.45 | 47.00 | 70,943,613.00 | 7,046,657,443.95 |
| ZENITHBANK | 25.80 | 342.00 | 13,220,321.00 | 341,498,632.55 |
| TRANSCORP | 1.38 | 200.00 | 87,372,916.00 | 119,907,588.32 |
| UBA | 8.25 | 161.00 | 13,782,015.00 | 115,230,508.90 |
| GTCO | 26.50 | 203.00 | 3,750,200.00 | 99,719,926.00 |
| UCAP | 14.65 | 234.00 | 6,735,009.00 | 98,607,751.95 |
| TOTAL | 218.80 | 36.00 | 423,531.00 | 92,604,799.20 |
OUTLOOK
Trading appetite dwindled as market closed for the week, we expect a rebound in the coming week as companies continue release dividends.
