The Nigeria Equity Market closed trading activities for today Wednesday (01/02/2023) positive, as the NGX-ASI grew by 0.49% to 53,499.68 from 53,238.67; indicating a YTD return of +4.39%.
Similarly, the market capitalization increased by 142.16 billion to N29.14trillion from N28.99 trillion. The market turnover decreased to N5.52billion from N5.88 billion.
The market breadth was negative at 0.95x as 19 stocks advanced and 20 stocks declined, while 77stocks remained unchanged. IMG and SEPLAT topped the gainers’ list with +10.00% , while GUINNESS declined by -10.00% to lead the losers’ chart. Also, UNIVINSURE recorded the highest volume while GEREGU recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
SEPLAT(+10.00%), IMG(+10.00%), NNFM(+9.46%), INTENEGINS(+9.33%), NAHCO(+9.26%), ABCTRANS(+8.82%), GEREGU(+8.47%), FIDELITYBK(+7.41%), SOVRENINS(+7.14), and FCMB(+5.77%).
Read: NGX Price List for Wednesday, 1st February 2023
MARKET STATISTICS
| CAP | N29,139,834,457,658.78 | One Day (ASI CHG) | +0.49% |
| Index | 53,499.68 | One Week (ASI CHG) | +1.71% |
| Volume | 200,368,242.00 | One Month (ASI CHG) | +4.39% |
| Value | N5,524,211,393.09 | Six Months (ASI CHG) | +7.11% |
| Deals | 3,716.00 | 52 Weeks (ASI CHG) | +13.56% |
| Gainers | 19 | Losers | 20 |
| Unchanged | 77 | Total | 116 |
| YTD Returns | +4.39% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.49 |
| NGX30 | 0.38 |
| NGXBNK | 1.22 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | -0.02 |
| NGXINS | -1.34 |
| NGXLOTUSISLM | 0.23 |
| NGXOILGAS | 3.61 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %CHANGE |
| IMG | 7.00 | 7.70 | 0.70 | 10.00 |
| SEPLAT | 1100.00 | 1210.00 | 110.00 | 10.00 |
| NNFM | 7.40 | 8.10 | 0.70 | 9.46 |
| INTENEGINS | 0.75 | 0.82 | 0.07 | 9.33 |
| NAHCO | 8.10 | 8.85 | 0.75 | 9.26 |
| ABCTRANS | 0.34 | 0.37 | 0.03 | 8.82 |
| GEREGU | 193.60 | 210.00 | 16.40 | 8.47 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %CHANGE |
| GUINNESS | 70.00 | 63.00 | -7.00 | -10.00 |
| ARDOVA | 19.10 | 17.20 | -1.90 | -9.95 |
| ACADEMY | 1.32 | 1.19 | -0.13 | -9.85 |
| RTBRISCOE | 0.31 | 0.28 | -0.03 | -9.68 |
| CORNERST | 0.60 | 0.55 | -0.05 | -8.33 |
| CHAMS | 0.27 | 0.25 | -0.02 | -7.41 |
| CWG | 0.97 | 0.90 | -0.07 | -7.22 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UNIVINSURE | 0.20 | 23.00 | 57,785,495.00 | 11,557,099.00 |
| GTCO | 25.05 | 219.00 | 16,607,443.00 | 415,176,124.05 |
| UBA | 8.20 | 121.00 | 11,152,052.00 | 91,379,121.10 |
| TRANSCORP | 1.23 | 61.00 | 8,797,620.00 | 10,913,365.44 |
| GEREGU | 210.00 | 78.00 | 8,482,478.00 | 1,635,922,331.30 |
| ZENITHBANK | 25.50 | 212.00 | 7,289,726.00 | 182,786,752.85 |
| VERITASKAP | 0.21 | 16.00 | 6,214,455.00 | 1,269,520.66 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GEREGU | 210.00 | 78.00 | 8,482,478.00 | 1,635,922,331.30 |
| AIRTELAFRI | 1660.00 | 60.00 | 855,377.00 | 1,337,151,283.70 |
| NESTLE | 1100.00 | 76.00 | 507,098.00 | 557,860,038.20 |
| SEPLAT | 1210.00 | 18.00 | 412,238.00 | 498,582,938.00 |
| GTCO | 25.05 | 219.00 | 16,607,443.00 | 415,176,124.05 |
| ZENITHBANK | 25.50 | 212.00 | 7,289,726.00 | 182,786,752.85 |
| MTNN | 225.00 | 265.00 | 549,159.00 | 127,638,547.50 |
OUTLOOK
We expect positive sentiment to be sustained as investors continue to pile into defensive and financial stocks
