The Nigeria Equity Market closed trading activities for today Monday (23/01/2023) positive, as the NGX-ASI grew by +0.12% to 52,657.69 from 52,594.68 ; indicating a YTD return of +2.74%.
Similarly, the market capitalization increased by N63.01 billion to N28.68 trillion from N28.65 trillion. The market turnover increased to N1.78 billion from N1.68 billion.
The market breadth was positive at 1.38x as 18 stocks advanced and 13 stocks declined, while 80 stocks remained unchanged. JOHNHOLT topped the gainers’ list with +9.38% , while CORNERST declined by -10.00% to lead the losers’ chart. Also, FBNH recorded the highest volume while MTNN recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
JOHNHOLT(+9.38%),NSLTECH(+9.09%), CHAMS(+7.69%),GEREGU(+6.92%), ABCTRANS(+6.90%), LINKASSURE(+6.38%), GUINNESS(+4.91%),BERGER(+4.51%),MULTIVERSE(+4.27%), and CHIPLC(+3.17%).
Read: NGX Price List for Monday, 23rd January 2023
MARKET STATISTICS
| CAP | N28,681,227,787,517.91 | One Day (ASI CHG) | +0.12% |
| Index | 52,657.69 | One Week (ASI CHG) | +0.59% |
| Volume | 143,736,077.00 | One Month (ASI CHG) | +5.94% |
| Value | N1,775,821,491.48 | Six Months (ASI CHG) | +1.30% |
| Deals | 4,078.00 | 52 Weeks (ASI CHG) | +14.58% |
| Gainers | 18 | Losers | 13 |
| Unchanged | 80 | Total | 111 |
| YTD Returns | +2.74% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.12 |
| NGX30 | 0.04 |
| NGXBNK | 0.12 |
| NGXCNSMRGDS | 0.12 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.22 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | 0.03 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % CHANGE |
| JOHNHOLT | 0.96 | 1.05 | 0.09 | 9.38 |
| NSLTECH | 0.22 | 0.24 | 0.02 | 9.09 |
| CHAMS | 0.26 | 0.28 | 0.02 | 7.69 |
| GEREGU | 138.8 | 148.4 | 9.6 | 6.92 |
| ABCTRANS | 0.29 | 0.31 | 0.02 | 6.90 |
| LINKASSURE | 0.47 | 0.5 | 0.03 | 6.38 |
| GUINNESS | 69.3 | 72.7 | 3.4 | 4.91 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % CHANGE |
| CORNERST | 0.6 | 0.54 | -0.06 | -10.00 |
| CWG | 1.04 | 0.94 | -0.1 | -9.62 |
| JAPAULGOLD | 0.3 | 0.28 | -0.02 | -6.67 |
| UNITYBNK | 0.58 | 0.55 | -0.03 | -5.17 |
| COURTVILLE | 0.5 | 0.48 | -0.02 | -4.00 |
| RTBRISCOE | 0.31 | 0.3 | -0.01 | -3.23 |
| UNILEVER | 11.4 | 11.1 | -0.3 | -2.63 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 11.7 | 210 | 19,656,108.00 | 229,717,936.65 |
| CHAMS | 0.28 | 46 | 11,218,160.00 | 3,109,704.80 |
| GTCO | 24.15 | 321 | 10,990,062.00 | 264,992,516.50 |
| TRANSCORP | 1.23 | 86 | 10,573,976.00 | 12,814,140.40 |
| STERLNBANK | 1.55 | 52 | 10,205,959.00 | 15,933,342.42 |
| ZENITHBANK | 24.6 | 251 | 9,917,090.00 | 243,456,025.20 |
| UBA | 8.1 | 149 | 8,839,420.00 | 71,609,221.00 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 230 | 343 | 1,430,360.00 | 326,846,830.90 |
| GTCO | 24.15 | 321 | 10,990,062.00 | 264,992,516.50 |
| ZENITHBANK | 24.6 | 251 | 9,917,090.00 | 243,456,025.20 |
| FBNH | 11.7 | 210 | 19,656,108.00 | 229,717,936.65 |
| ACCESSCORP | 8.95 | 152 | 8,724,758.00 | 78,367,844.50 |
| UBA | 8.1 | 149 | 8,839,420.00 | 71,609,221.00 |
| GEREGU | 148.4 | 34 | 447,965.00 | 63,956,431.30 |
OUTLOOK
We expect all the other sectors to show positive sentiment in the coming week as only the banking sector recorded an ample gain as market closes for the week.
