Equities Maintain gains As NGX-ASI Surges by 0.62%

The Nigeria Equity Market closed trading activities for today Thursday (12/01/2023) positive, as the NGX-ASI rises by +0.62% to 52,048.85 from 51,729.87 ; indicating a YTD return of +1.56%.

Similarly, the market capitalization increased by N173.74 billion to N28.35 trillion from N28.18 trillion. The market turnover decreased to N7.73 billion from N8.16 billion .

The market breadth was positive at 4.37x as 35 stocks advanced and 8 stocks declined, while 62 stocks remained unchanged. ELLAHLAKES and LASACO topped the gainers’ list with +10.00% , while ABBEYBDS declined by -10.00% to lead the losers’ chart. Also, MANSARD recorded the highest volume and AIRTELAFRI recorded the highest value for the day.

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

ELLAHLAKES(+10.00%), LASACO (+10.00%), INTBREW(+8.60%),DANGSUGAR(+7.19%), SUNUASSUR(+6.90%), THOMASWY(+6.30%), COURTVILLE (+6.12%), GLAXOSMITH(+5.69%), ARDOVA(+5.56%), and LIVESTOCK(+4.39%).

Read: NGX Price List for Thursday, 12th January 2023

MARKET STATISTICS

CAPN28,349,608,300,858.30One Day (ASI CHG)+0.62%
Index52,048.85One Week (ASI CHG)+2.32%
Volume211,742,512.00One Month (ASI CHG)+6.44%
ValueN7,725,003,069.69Six Months (ASI CHG)+0.95%
Deals3,462.0052 Weeks (ASI CHG)+16.68%
Gainers35 Losers 8
Unchanged 62Total105
YTD Returns+1.56%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.62
NGX300.66
NGXBNK2.15
NGXCNSMRGDS0.74
NGXINDUSTR0.18
NGXINS0.55
NGXLOTUSISLM0.59
NGXOILGAS0.54

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price%Change
ELLAHLAKES3.603.960.3610.00
LASACO1.001.100.1010.00
INTBREW4.655.050.408.60
DANGSUGAR16.0017.151.157.19
SUNUASSUR0.290.310.026.90
THOMASWY1.271.350.086.30
COURTVILLE0.490.520.036.12

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price%Change
ABBEYBDS1.701.53-0.17-10.00
FTNCOCOA0.280.27-0.01-3.57
NAHCO7.056.80-0.25-3.55
ROYALEX1.000.98-0.02-2.00
NGXGROUP25.6525.20-0.45-1.75
UNILEVER11.6011.40-0.20-1.72
TRANSCORP1.201.19-0.01-0.83

Top 7 Traders by Volume

SecurityClose PriceNumber of TradesDaily VolumeDaily Value
MANSARD2.0059.00   26,251,578.00         52,511,183.70
GTCO24.50253.00   19,807,904.00       476,889,477.20
CHAMS0.2553.00   17,906,364.00           4,447,257.42
ROYALEX0.9860.00   14,207,355.00         13,378,953.35
FBNH11.5096.00   11,823,626.00       131,374,976.40
ZENITHBANK25.10227.00   11,778,677.00       292,842,024.75
UBA8.20155.00     9,576,405.00         78,167,670.25

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
AIRTELAFRI1550.0048.00     2,654,504.00   4,135,010,452.90
MTNN220.00226.00     5,254,587.00   1,154,245,841.80
DANGCEM270.0098.00     2,547,218.00       687,616,958.40
GTCO24.50253.00   19,807,904.00       476,889,477.20
ZENITHBANK25.10227.00   11,778,677.00       292,842,024.75
FBNH11.5096.00   11,823,626.00       131,374,976.40
NGXGROUP25.2040.00     4,039,629.00       101,753,680.25

OUTLOOK

We expect positive sentiments to continue as investors take position for the year.

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