The Nigeria Equity Market closed trading activities for today Tuesday (14/03/2023) negative as the NGX-ASI decreased by -0.12% to 55,722.90 from 55,788.37; indicating a YTD return of +8.73%.
Similarly, the market capitalization decreased by N35.66 million to N30.356 trillion from N30.391 trillion. The market turnover increased to N2.81 billion from N2.55 billion.
The market breadth was negative at 0.53x as 9 stocks advanced and 17 stocks declined, while 84 stocks remained unchanged. ENAMELWA topped the gainers’ list with +9.57%, while CHAMS declined by -8.00% to lead the losers’ chart. Also, STERLNBANK recorded the highest volume for the day and AIRTELAFRI recorded the highest value for the day.
Stocks whose share prices decreased during intra-day trading include:
CHAMS(-8.00%), PRESTIGE(-7.32%), LINKASSURE(-6.82%), UPDC(-6.80%), WEMABANK(-6.05%), MANSARD(-4.76%), LASACO(-3.92%), GTCO(-3.08%), MBENEFIT(-3.03%), and NAHCO(-2.38%).
Read: NGX Price List for Tuesday, 14th March 2023
MARKET STATISTICS
| CAP | N30,355,684,627,383.85 | One Day (ASI CHG) | -0.12% |
| Index | 55,722.90 | One Week (ASI CHG) | +0.21% |
| Volume | 199,268,791.00 | One Month (ASI CHG) | +2.25% |
| Value | N2,813,840,637.60 | Six Months (ASI CHG) | +12.13% |
| Deals | 3,898.00 | 52 Weeks (ASI CHG) | +17.49% |
| Gainers | 9 | Losers | 17 |
| Unchanged | 84 | Total | 110 |
| YTD Returns | +8.73% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.12 |
| NGX30 | -0.13 |
| NGXBNK | -0.24 |
| NGXCNSMRGDS | 0.01 |
| NGXINDUSTR | -0.10 |
| NGXINS | -1.91 |
| NGXLOTUSISLM | -0.18 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| ENAMELWA | 16.2 | 17.75 | 1.55 | 9.57 |
| FTNCOCOA | 0.26 | 0.28 | 0.02 | 7.69 |
| STERLNBANK | 1.46 | 1.51 | 0.05 | 3.42 |
| UACN | 9.2 | 9.5 | 0.3 | 3.26 |
| NGXGROUP | 26 | 26.7 | 0.7 | 2.69 |
| HONYFLOUR | 2.2 | 2.24 | 0.04 | 1.82 |
| FBNH | 10.75 | 10.9 | 0.15 | 1.40 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| CHAMS | 0.25 | 0.23 | -0.02 | -8.00 |
| PRESTIGE | 0.41 | 0.38 | -0.03 | -7.32 |
| LINKASSURE | 0.44 | 0.41 | -0.03 | -6.82 |
| UPDC | 1.03 | 0.96 | -0.07 | -6.80 |
| WEMABANK | 4.3 | 4.04 | -0.26 | -6.05 |
| MANSARD | 2.1 | 2 | -0.1 | -4.76 |
| LASACO | 1.02 | 0.98 | -0.04 | -3.92 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| STERLNBANK | 1.51 | 42 | 31,092,585 | 46,912,571.20 |
| NEIMETH | 1.57 | 11 | 20,177,846 | 31,676,144.50 |
| ZENITHBANK | 25 | 353 | 16,510,724 | 412,519,094.70 |
| CHAMS | 0.23 | 55 | 16,112,984 | 3,763,459.12 |
| UCAP | 14.4 | 187 | 12,760,329 | 185,869,876.50 |
| UBA | 8.05 | 235 | 12,675,555 | 102,797,213.70 |
| GTCO | 25.2 | 297 | 10,850,406 | 274,098,204.40 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1548.7 | 55 | 457,869 | 677,996,373.50 |
| ZENITHBANK | 25 | 353 | 16,510,724 | 412,519,094.70 |
| MTNN | 248.3 | 267 | 1,145,787 | 283,540,775.20 |
| GTCO | 25.2 | 297 | 10,850,406 | 274,098,204.40 |
| UCAP | 14.4 | 187 | 12,760,329 | 185,869,876.50 |
| DANGCEM | 288 | 91 | 373,429 | 106,570,912.40 |
| UBA | 8.05 | 235 | 12,675,555 | 102,797,213.70 |
OUTLOOK
All sectors lost today asides from the marginal rise in consumer goods. Boosted trades are expected to move towards safe stocks as Telecommunication and Banking stocks recorded the highest values for the day.
