The Nigeria Equity Market closed trading activities for today Wednesday (25/01/2023) flat, as the NGX-ASI fell by -0.02% to 52,599.65 from 52,612.55 ; indicating a YTD return of +2.63%.
Similarly, the market capitalization decreased by -7.03 billion to N28.65 trillion from N28.67 trillion. The market turnover decreased to N2.67 billion from N4.82 billion.
The market breadth was positive at 1.18x as 19 stocks advanced and 16 stocks declined, while 73 stocks remained unchanged. RTBRISCOE topped the gainers’ list with +10.00% , while THOMASWY declined by -9.66% to lead the losers’ chart. Also, MBENEFIT recorded the highest volume while GEREGU recorded highest value for the day.
Stocks whose share prices loss during intra-day trading include:
THOMASWY(-9.66%),CORNERST(-6.90%), GEREGU(-5.90%),HONYFLOUR(-5.15%), CWG(-4.26%), NGXGROUP(-2.76%), REDSTAREX(-2.54%),UBA(-2.41%),WAPIC(-2.38%), and CADBURY(-2.07%).
Read: NGX Price List for Wednesday, 25th January 2023
MARKET STATISTICS
| CAP | N28,649,614,454,664.90 | One Day (ASI CHG) | -0.02% |
| Index | 52,599.65 | One Week (ASI CHG) | -0.03% |
| Volume | 116,445,174.00 | One Month (ASI CHG) | +5.82% |
| Value | N2,671,351,781.85 | Six Months (ASI CHG) | +2.33% |
| Deals | 3,493.00 | 52 Weeks (ASI CHG) | +14.50% |
| Gainers | 19 | Losers | 16 |
| Unchanged | 73 | Total | 108 |
| YTD Returns | +2.63% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.02 |
| NGX30 | 0.09 |
| NGXBNK | -0.34 |
| NGXCNSMRGDS | 0.34 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.69 |
| NGXLOTUSISLM | 1.06 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| RTBRISCOE | 0.3 | 0.33 | 0.03 | 10.00 |
| TRIPPLEG | 0.8 | 0.88 | 0.08 | 10.00 |
| OKOMUOIL | 165 | 181.1 | 16.1 | 9.76 |
| CAVERTON | 0.95 | 1.03 | 0.08 | 8.42 |
| JAPAULGOLD | 0.28 | 0.3 | 0.02 | 7.14 |
| UNILEVER | 12.2 | 13.05 | 0.85 | 6.97 |
| MBENEFIT | 0.33 | 0.35 | 0.02 | 6.06 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| THOMASWY | 1.45 | 1.31 | -0.14 | -9.66 |
| CORNERST | 0.58 | 0.54 | -0.04 | -6.90 |
| GEREGU | 142.4 | 134 | -8.4 | -5.90 |
| HONYFLOUR | 2.33 | 2.21 | -0.12 | -5.15 |
| CWG | 0.94 | 0.9 | -0.04 | -4.26 |
| NGXGROUP | 25.4 | 24.7 | -0.7 | -2.76 |
| REDSTAREX | 2.36 | 2.3 | -0.06 | -2.54 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MBENEFIT | 0.35 | 29 | 11,258,018.00 | 3,865,258.67 |
| TRANSCORP | 1.22 | 88 | 8,751,948.00 | 10,605,868.57 |
| GEREGU | 134 | 39 | 8,536,440.00 | 1,143,976,584.00 |
| FBNH | 11.7 | 140 | 7,690,248.00 | 89,815,522.50 |
| GTCO | 24.35 | 219 | 6,712,639.00 | 161,997,631.90 |
| FIDELITYBK | 5.04 | 104 | 5,324,070.00 | 27,002,820.68 |
| ZENITHBANK | 24.5 | 213 | 4,766,720.00 | 116,919,577.30 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GEREGU | 134 | 39 | 8,536,440.00 | 1,143,976,584.00 |
| MTNN | 229 | 140 | 2,277,522.00 | 517,051,841.80 |
| GTCO | 24.35 | 219 | 6,712,639.00 | 161,997,631.90 |
| ZENITHBANK | 24.5 | 213 | 4,766,720.00 | 116,919,577.30 |
| FBNH | 11.7 | 140 | 7,690,248.00 | 89,815,522.50 |
| NESTLE | 1080.1 | 64 | 70,182.00 | 76,235,267.70 |
| STANBIC | 32.5 | 64 | 1,674,067.00 | 53,774,901.80 |
OUTLOOK
We expect positive sentiment to be sustained as investors lean towards financial stocks and other defensive stocks.
