Bulls Return To The Market, As The ASI Surged by 0.95%

The Nigeria Equity Market closed trading activities for today Monday (30/01/2023) positive, as the NGX-ASI grew by 0.95% to 53,157.83 from 52,657.88; indicating a YTD return of +3.72%.

Similarly, the market capitalization increased by 272.31 billion to N28.95 trillion from N28.68 trillion. The market turnover increased to N5.67 billion from N2.34billion.

The market breadth was positive at 1.8x as 27 stocks advanced and 15 stocks declined, while 68 stocks remained unchanged. GEREGU and JOHNHOLT topped the gainers’ list with +10.00% , while WAPIC declined by -8.89% to lead the losers’ chart. Also, ZENITHBANK recorded the highest volume while GEREGU recorded the highest value for the day.

Stocks whose share prices gained during intra-day trading include:

GEREGU(+10.00%), JOHNHOLT(+10.00%), NAHCO(+9.62%), INTENEGINS(9.52%), MAYBAKER(+8.26%), COURTVILLE(+6.38%), CADBURY(+6.06%), JAPAULGOLD(+5.88%), PZ(+4.88%), and CHIPLC(+4.62%).

Read: NGX Price List for Monday, 30th January 2023

MARKET STATISTICS

CAPN28,953,637,907,799.47One Day (ASI CHG)+0.95%
Index53,157.83One Week (ASI CHG)+0.95%
Volume201,359,381.00One Month (ASI CHG)+3.72%
ValueN5,666,341,555.86Six Months (ASI CHG)+5.53%
Deals4,332.0052 Weeks (ASI CHG)+15.54%
Gainers27 Losers 15
Unchanged 68Total 110
YTD Returns+3.72%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.95
NGX300.76
NGXBNK0.66
NGXCNSMRGDS0.24
NGXINDUSTR0.08
NGXINS-1.23
NGXLOTUSISLM0.68
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price%age Change
GEREGU1601761610
JOHNHOLT1.11.210.1110
NAHCO7.88.550.759.62
INTENEGINS0.630.690.069.52
MAYBAKER4.484.850.378.26
COURTVILLE0.470.50.036.38
CADBURY11.5512.250.76.06

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price%age Change
WAPIC0.450.41-0.04-8.89
TRIPPLEG1.050.96-0.09-8.57
ROYALEX0.840.78-0.06-7.14
HONYFLOUR2.332.18-0.15-6.44
UPDC1.010.95-0.06-5.94
UACN10.19.55-0.55-5.45
LASACO0.990.94-0.05-5.05

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
ZENITHBANK25.1314     36,763,207.00                   924,143,387.45
GTCO25368     23,344,968.00                   578,781,852.20
TRANSCORP1.271     17,122,705.00                      20,553,378.85
UBA8.2148     11,450,750.00                      93,996,340.10
GEREGU17643     11,122,721.00                1,792,485,815.30
ROYALEX0.7830        8,261,110.00                        6,446,464.60
NGXGROUP26.149        8,221,800.00                   216,405,424.80

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
GEREGU17643     11,122,721.00                1,792,485,815.30
AIRTELAFRI166054           663,746.00                1,065,275,623.90
ZENITHBANK25.1314     36,763,207.00                   924,143,387.45
GTCO25368     23,344,968.00                   578,781,852.20
NGXGROUP26.149        8,221,800.00                   216,405,424.80
DANGSUGAR17.35109        8,085,158.00                   137,729,050.30
UBA8.2148     11,450,750.00                      93,996,340.10

OUTLOOK

We expect positive sentiment to be sustained as investors continue to take positions for the year.

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