The Nigeria Equity Market closed trading activities for today Tuesday (21/03/2023) positive as the NGX-ASI increased by +0.03 to 54,904.68 from 54,886.04; indicating a YTD return of +7.13%.
Similarly, the market capitalization increased by N10.16 billion to N29.91 trillion from N29.90 trillion. The market turnover decreased to N1.59 billion from N2.88 billion.
The market breadth was positive at 1.0x as 12 stocks advanced and 12 stocks declined, while 82 stocks remained unchanged. LINKASSURE topped the gainers’ list with +9.76%, while IKEJAHOTEL declined by -9.65% respectively to lead the losers’ chart. Also, UBA recorded the highest volume for the day and ZENITHBANK recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
LINKASSURE (+9.76%), WAPIC (+7.89%), CHAMPION (+4.26%), STERLNBANK(+2.67%), JAIZBANK (+2.30%), WAPCO (+2.17%), AIICO (+1.72%), ZENITHBANK (+1.41%), VITAFOAM (+1.08%), and FIDELITYBK (+0.97%).
Read: NGX Price List for Tuesday, 21st March 2023
MARKET STATISTICS
| CAP | N29,909,947,507,290.77 | One Day (ASI CHG) | +0.03% |
| Index | 54,904.68 | One Week (ASI CHG) | -1.47% |
| Volume | 127,744,567.00 | One Month (ASI CHG) | +1.32% |
| Value | N1,586,686,912.90 | Six Months (ASI CHG) | +10.97% |
| Deals | 2,987.00 | 52 Weeks (ASI CHG) | +16.20% |
| Gainers | 12 | Losers | 12 |
| Unchanged | 82 | Total | 106 |
| YTD Returns | +7.13% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.03 |
| NGX30 | 0.01 |
| NGXBNK | 0.36 |
| NGXCNSMRGDS | -0.12 |
| NGXINDUSTR | 0.11 |
| NGXINS | 1.3 |
| NGXOILGAS | 0 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| LINKASSURE | 0.41 | 0.45 | 0.04 | 9.76 |
| WAPIC | 0.38 | 0.41 | 0.03 | 7.89 |
| CHAMPION | 4.7 | 4.9 | 0.2 | 4.26 |
| STERLNBANK | 1.5 | 1.54 | 0.04 | 2.67 |
| JAIZBANK | 0.87 | 0.89 | 0.02 | 2.30 |
| WAPCO | 25.4 | 25.95 | 0.55 | 2.17 |
| AIICO | 0.58 | 0.59 | 0.01 | 1.72 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| IKEJAHOTEL | 1.14 | 1.03 | -0.11 | -9.65 |
| CADBURY | 12 | 11.3 | -0.7 | -5.83 |
| UPL | 2.1 | 2 | -0.1 | -4.76 |
| INTBREW | 4.65 | 4.45 | -0.2 | -4.30 |
| REGALINS | 0.29 | 0.28 | -0.01 | -3.45 |
| AFRIPRUD | 6 | 5.9 | -0.1 | -1.67 |
| TRANSCORP | 1.3 | 1.28 | -0.02 | -1.54 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UBA | 8 | 209 | 19,600,869 | 157,244,946.20 |
| TRANSCORP | 1.28 | 55 | 14,448,790 | 18,505,203.08 |
| FIDELITYBK | 5.2 | 103 | 12,738,602 | 65,668,071.45 |
| ZENITHBANK | 25.1 | 255 | 11,964,640 | 298,835,282.95 |
| GTCO | 24.6 | 252 | 10,472,370 | 258,239,088.80 |
| FBNH | 10.9 | 129 | 5,912,604 | 64,559,114.80 |
| NGXGROUP | 27.9 | 51 | 5,011,510 | 139,571,867.30 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 25.1 | 255 | 11,964,640 | 298,835,282.95 |
| GTCO | 24.6 | 252 | 10,472,370 | 258,239,088.80 |
| UBA | 8.0 | 209 | 19,600,869 | 157,244,946.20 |
| NGXGROUP | 27.9 | 51 | 5,011,510 | 139,571,867.30 |
| TOTAL | 218.8 | 31 | 499,120 | 108,297,228.70 |
| MTNN | 236 | 238 | 421,619 | 98,138,377.30 |
| WAPCO | 25.95 | 92 | 3,093,233 | 79,616,031.10 |
OUTLOOK
Trading activities progressed positively today as stocks from financial sectors largely determined market direction. A ripple effect of the MPC meeting and foreseeable boost is expected and in stocks trading as economic activities normalize.
