The Nigeria Equity Market closed trading activities for today Wednesday (22/03/2023) positive as the NGX-ASI increased by +0.06 to 54,936.11 from 54,904.68; indicating a YTD return of +7.19%.
Similarly, the market capitalization increased by N17.62 billion to N29.93 trillion from N29.91 trillion.
The market turnover decreased to N1.33 billion from N1.59 billion.
The market breadth was negative at 0.64x as 9 stocks advanced and 14 stocks declined, while 76 stocks
remained unchanged. GTCO topped the gainers’ list with +2.44%, while NCR declined by -9.69%
respectively to lead the losers’ chart. TRANSCORP recorded the highest volume for the day while GTCO
recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
GTCO (+2.44%), WAPIC (+2.44%), LINKASSURE (+2.22%), LASACO(+2.04%), TRANSCORP (+1.56%), FIDELITYBK (+1.35%), FBNH(+0.46%), NGXGROUP (+0.36%), FCMB (+0.25%).
Read: NGX Price List for Wednesday, 22nd March 2023
MARKET STATISTICS
| CAP | N29,927,073,374,730.87 | One Day (ASI CHG) | +0.06% |
| Index | 54,936.11 | One Week (ASI CHG) | -1.00% |
| Volume | 134,150,558.00 | One Month (ASI CHG) | +1.14% |
| Value | N1,330,468,415.74 | Six Months (ASI CHG) | +11.12% |
| Deals | 2,479.00 | 52 Weeks (ASI CHG) | +16.50% |
| Gainers | 09 | Losers | 14 |
| Unchanged | 76 | Total | 99 |
| YTD Returns | +7.19% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| ASI | 0.06 |
| NGX30 | 0.08 |
| NGXBNK | -0.01 |
| NGXCNSMRGDS | -0.02 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.08 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %change |
| GTCO | 24.60 | 25.20 | 0.60 | 2.44 |
| WAPIC | 0.41 | 0.42 | 0.01 | 2.44 |
| LINKASSURE | 0.45 | 0.46 | 0.01 | 2.22 |
| LASACO | 0.98 | 1.00 | 0.02 | 2.04 |
| TRANSCORP | 1.28 | 1.30 | 0.02 | 1.56 |
| FIDELITYBK | 5.20 | 5.27 | 0.07 | 1.35 |
| FBNH | 10.90 | 10.95 | 0.05 | 0.46 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %change |
| NCR | 2.89 | 2.61 | -0.28 | -9.69 |
| FTNCOCOA | 0.29 | 0.27 | -0.02 | -6.90 |
| JAPAULGOLD | 0.30 | 0.28 | -0.02 | -6.67 |
| CUTIX | 2.22 | 2.11 | -0.11 | -4.95 |
| CHIPLC | 0.65 | 0.62 | -0.03 | -4.62 |
| ACADEMY | 1.25 | 1.20 | -0.05 | -4.00 |
| LIVESTOCK | 1.03 | 1.00 | -0.03 | -2.91 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.30 | 64.00 | 28,122,091.00 | 35,922,896.78 |
| UBA | 8.00 | 137.00 | 21,231,993.00 | 170,415,095.30 |
| COURTVILLE | 0.45 | 16.00 | 19,127,715.00 | 8,608,085.67 |
| GTCO | 25.20 | 241.00 | 13,551,801.00 | 336,904,357.15 |
| FBNH | 10.95 | 81.00 | 8,126,325.00 | 88,997,548.25 |
| ZENITHBANK | 25.05 | 253.00 | 6,085,925.00 | 153,960,358.00 |
| ACCESSCORP | 8.90 | 81.00 | 4,065,786.00 | 36,271,271.15 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GTCO | 25.20 | 241.00 | 13,551,801.00 | 336,904,357.15 |
| UBA | 8.00 | 137.00 | 21,231,993.00 | 170,415,095.30 |
| ZENITHBANK | 25.05 | 253.00 | 6,085,925.00 | 153,960,358.00 |
| FBNH | 10.95 | 81.00 | 8,126,325.00 | 88,997,548.25 |
| DANGSUGAR | 18.40 | 98.00 | 4,000,841.00 | 73,810,683.45 |
| MTNN | 236.00 | 177.00 | 215,233.00 | 50,476,466.00 |
| AIRTELAFRI | 1548.70 | 16.00 | 34,338.00 | 48,073,016.30 |
OUTLOOK
Trading activities progressed positively today as the major sectors recorded gains. We expect the market to
consolidate the positive trend throughout the week.
