The Nigeria Equity Market closed trading activities for today Wednesday (11/01/2023) positive, as the NGX-ASI rises by +0.55% to 51,729.87 from 51,446.60 ; indicating a YTD return of +0.93%.
Similarly, the market capitalization increased by N154.29 billion to N28.19 trillion from N28.02 trillion. The market turnover decreased to N8.16 billion from N8.29 billion .
The market breadth was positive at 2.4x as 26 stocks advanced and 11 stocks declined, while 70 stocks remained unchanged. THOMASWY topped the gainers’ list with +9.48% , while ROYALEX declined by -7.41% to lead the losers’ chart. Also, FBNH recorded the highest volume and BUACEMENT recorded the highest value for the day.
Stocks whose share prices loss during intra-day trading include:
THOMASWY(+9.48%), CHAMPION(+9.45%), FTNCOCOA(+7.69%),MBENEFIT(+6.67%), COURTVILLE(+6.52%), LASACO(+6.38%), PZ(+5.50%), IKEJAHOTEL(+4.76%), UPDC(+4.40%), and WEMABANK(+4.11%).
Read: NGX Price List for Wednesday, 11th January 2023
MARKET STATISTICS
| CAP | N28,175,870,400,761.07 | One Day (ASI CHG) | +0.55% |
| Index | 51,729.87 | One Week (ASI CHG) | +0.14% |
| Volume | 281,944,800.00 | One Month (ASI CHG) | +5.83% |
| Value | N8,158,927,817.46 | Six Months (ASI CHG) | +0.33% |
| Deals | 3,679.00 | 52 Weeks (ASI CHG) | +17.95% |
| Gainers | 26 | Losers | 11 |
| Unchanged | 70 | Total | 107 |
| YTD Returns | +0.93% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.55 |
| NGX30 | 0.56 |
| NGXBNK | 1.05 |
| NGXCNSMRGDS | 0.15 |
| NGXINDUSTR | 1.50 |
| NGXINS | -0.67 |
| NGXLOTUSISLM | 0.24 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| THOMASWY | 1.16 | 1.27 | 0.11 | 9.48 |
| CHAMPION | 4.34 | 4.75 | 0.41 | 9.45 |
| FTNCOCOA | 0.26 | 0.28 | 0.02 | 7.69 |
| MBENEFIT | 0.3 | 0.32 | 0.02 | 6.67 |
| COURTVILLE | 0.46 | 0.49 | 0.03 | 6.52 |
| LASACO | 0.94 | 1 | 0.06 | 6.38 |
| PZ | 10 | 10.55 | 0.55 | 5.50 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| ROYALEX | 1.08 | 1 | -0.08 | -7.41 |
| WAPIC | 0.45 | 0.42 | -0.03 | -6.67 |
| MANSARD | 2.14 | 2 | -0.14 | -6.54 |
| RTBRISCOE | 0.28 | 0.27 | -0.01 | -3.57 |
| NAHCO | 7.3 | 7.05 | -0.25 | -3.42 |
| JAPAULGOLD | 0.3 | 0.29 | -0.01 | -3.33 |
| CADBURY | 12.25 | 12 | -0.25 | -2.04 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 11.25 | 126 | 108,925,382 | 1,220,581,344.40 |
| BUACEMENT | 99.45 | 155 | 42,392,752 | 4,073,210,056.40 |
| GTCO | 24 | 371 | 33,984,613 | 810,043,984.75 |
| ACCESSCORP | 9.15 | 177 | 13,470,649 | 122,605,750.65 |
| TRANSCORP | 1.2 | 119 | 13,417,780 | 16,045,754.81 |
| ZENITHBANK | 24.4 | 245 | 9,011,289 | 218,982,480.05 |
| UBA | 8.1 | 123 | 5,461,099 | 44,185,893.85 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| BUACEMENT | 99.45 | 155 | 42,392,752 | 4,073,210,056.40 |
| FBNH | 11.25 | 126 | 108,925,382 | 1,220,581,344.40 |
| GTCO | 24 | 371 | 33,984,613 | 810,043,984.75 |
| AIRTELAFRI | 1560 | 40 | 502,523 | 784,262,872.40 |
| NESTLE | 1080 | 79 | 250,368 | 273,897,622.30 |
| ZENITHBANK | 24.4 | 245 | 9,011,289 | 218,982,480.05 |
| ACCESSCORP | 9.15 | 177 | 13,470,649 | 122,605,750.65 |
OUTLOOK
We expect positive sentiments to continue as investors take position for the year.
