The Nigeria Equity Market closed trading activities for today Wednesday (15/03/2023) negative as the NGX-ASI decreased by -0.42% to 55,490.20 from 55,722.90 ; indicating a YTD return of +8.27%.
Similarly, the market capitalization decreased by N126.76 billion to N30.23 trillion from N30.356 trillion. The market turnover increased to N3.41 billion from N2.81 billion.
The market breadth was negative at 0.58x as 11 stocks advanced and 19 stocks declined, while 75 stocks remained unchanged. VETGRIF30 topped the gainers’ list with +9.99%, while STANBICETF30 declined by -10.00% to lead the losers’ chart. Also, GTCO recorded the highest volume and value for the day.
Stocks whose share prices decreased during intra-day trading include:
STANBICETF30(-10.00%),UCAP(-9.30%), UPL(-7.50%), UGLAXOSMITH(-7.46%), NEIMETH(-7.01%),SIAMLETF40(-7.00%),OANDO(-6.74%), GEREGU(-6.46%), FLOURMILL(-5.92%), and CAP(-4.71%).
Read: NGX Price List for Wednesday, 15th March 2023
MARKET STATISTICS
| CAP | N30,228,920,664,546.79 | One Day (ASI CHG) | -0.42% |
| Index | 55,490.20 | One Week (ASI CHG) | -0.56% |
| Volume | 181,187,216.00 | One Month (ASI CHG) | +1.80% |
| Value | N3,405,301,495.33 | Six Months (ASI CHG) | +11.82% |
| Deals | 3,908.00 | 52 Weeks (ASI CHG) | +17.21% |
| Gainers | 11 | Losers | 19 |
| Unchanged | 75 | Total | 105 |
| YTD Returns | +8.27% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.42 |
| NGX30 | -0.26 |
| NGXBNK | -1.95 |
| NGXCNSMRGDS | -0.29 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.44 |
| NGXLOTUSISLM | -0.1 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %change |
| VETGRIF30 | 18.81 | 20.69 | 1.88 | 9.99 |
| PRESTIGE | 0.38 | 0.41 | 0.03 | 7.89 |
| VERITASKAP | 0.2 | 0.21 | 0.01 | 5.00 |
| NGXGROUP | 26.7 | 28 | 1.3 | 4.87 |
| UNILEVER | 13.5 | 14 | 0.5 | 3.70 |
| JAPAULGOLD | 0.28 | 0.29 | 0.01 | 3.57 |
| MULTIVERSE | 3.75 | 3.83 | 0.08 | 2.13 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %change |
| STANBICETF30 | 292.5 | 263.25 | -29.25 | -10.00 |
| UCAP | 12.9 | 11.7 | -1.2 | -9.30 |
| UPL | 2 | 1.85 | -0.15 | -7.50 |
| GLAXOSMITH | 6.7 | 6.2 | -0.5 | -7.46 |
| NEIMETH | 1.57 | 1.46 | -0.11 | -7.01 |
| SIAMLETF40 | 86.02 | 80 | -6.02 | -7.00 |
| OANDO | 4.3 | 4.01 | -0.29 | -6.74 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 25 | 389 | 33,850,599.00 | 841,945,235.25 |
| TRANSCORP | 1.35 | 141 | 20,126,541.00 | 26,618,693.50 |
| ZENITHBANK | 23.85 | 412 | 18,560,024.00 | 454,670,529.75 |
| FLOURMILL | 31 | 227 | 18,494,127.00 | 573,142,314.95 |
| UBA | 8 | 225 | 15,149,323.00 | 121,591,069.80 |
| UCAP | 11.7 | 265 | 9,840,734.00 | 122,244,890.55 |
| NGXGROUP | 28 | 47 | 9,358,348.00 | 260,694,392.55 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 25 | 389 | 33,850,599.00 | 841,945,235.25 |
| FLOURMILL | 31 | 227 | 18,494,127.00 | 573,142,314.95 |
| ZENITHBANK | 23.85 | 412 | 18,560,024.00 | 454,670,529.75 |
| NGXGROUP | 28 | 47 | 9,358,348.00 | 260,694,392.55 |
| DANGCEM | 288 | 85 | 542,139.00 | 152,457,003.00 |
| BUAFOODS | 99 | 39 | 1,308,728.00 | 129,562,189.45 |
| UCAP | 11.7 | 265 | 9,840,734.00 | 122,244,890.55 |
OUTLOOK
All sectors lost today asides from insurance and oil and gas that remained unchanged. Boosted trades are expected to move towards safe stocks as financial sector dominates the highest value and volume for the day.
