The Nigeria Equity Market closed trading activities for today Thursday (09/02/2023) negative, as the NGX-ASI decreased by -0.12% to 54,359.90 from 54,427.05 ; indicating a YTD return of +6.07%.
Similarly, the market capitalization decreased by N36.58billion to N29.61 trillion from N29.64 trillion. The market turnover increased to N3.04 billion from N1.8 billion.
The market breadth was negative at 0.94x as 16stocks advanced and 17 stocks declined, while 78 stocks remained unchanged. NNFM topped the gainers’ list with +9.74% increase, while GLAXOSMITH declined by -7.91% to lead the losers’ chart. Also, UNIVINSURE recorded the highest volume and GTCO recorded highest value for the day.
Stocks whose share prices increased during intra-day trading include:
GLAXOSMITH(-7.91%), VERITASKAP(-4.76%), CORNERST(-4.76%), WAPIC(-4.44%), FIDELITYBK(-3.39%), NB(-2.63%),MANSARD(-2.44%), GEREGU(-2.44%), TOTAL(-2.32%), and NGXGROUP(-1.73%).
Read: NGX Price List for Thursday, 9th February 2023
MARKET STATISTICS
| CAP | N29,608,374,290,455.81 | One Day (ASI CHG) | -0.12% |
| Index | 54,359.90 | One Week (ASI CHG) | +0.67% |
| Volume | 222,579,090.00 | One Month (ASI CHG) | +5.66% |
| Value | N3,036,194,483.60 | Six Months (ASI CHG) | +10.15% |
| Deals | 3,287.00 | 52 Weeks (ASI CHG) | +15.27% |
| Gainers | 16 | Losers | 17 |
| Unchanged | 78 | Total | 111 |
| YTD Returns | +6.07% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| ASI | -0.12 |
| NGX30 | -0.05 |
| NGXBNK | -0.38 |
| NGXCNSMRGDS | -0.3 |
| NGXINDUSTR | 0.0 |
| NGXINS | -1.45 |
| NGXLOTUSISLM | 0.01 |
| NGXOILGAS | -0.61 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| NNFM | 9.75 | 10.7 | 0.95 | 9.74 |
| REDSTAREX | 2.53 | 2.77 | 0.24 | 9.49 |
| TRANSEXPR | 0.74 | 0.81 | 0.07 | 9.46 |
| SUNUASSUR | 0.32 | 0.35 | 0.03 | 9.38 |
| TRIPPLEG | 1.15 | 1.25 | 0.1 | 8.70 |
| CHAMS | 0.24 | 0.26 | 0.02 | 8.33 |
| INTENEGINS | 1.28 | 1.37 | 0.09 | 7.03 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| GLAXOSMITH | 6.95 | 6.4 | -0.55 | -7.91 |
| VERITASKAP | 0.21 | 0.2 | -0.01 | -4.76 |
| CORNERST | 0.63 | 0.6 | -0.03 | -4.76 |
| WAPIC | 0.45 | 0.43 | -0.02 | -4.44 |
| FIDELITYBK | 5.9 | 5.7 | -0.2 | -3.39 |
| NB | 41.8 | 40.7 | -1.1 | -2.63 |
| MANSARD | 2.05 | 2 | -0.05 | -2.44 |
Top 7 Traders by Volume
| Security | Previous Close | Number of Trades | Daily Volume | Daily Value |
| UNIVINSURE | 0.2 | 76 | 71,809,905.00 | 14,362,211.55 |
| GTCO | 25.15 | 251 | 22,316,890.00 | 560,373,933.70 |
| STERLNBANK | 1.53 | 61 | 12,909,214.00 | 19,752,563.72 |
| AIICO | 0.61 | 63 | 11,431,660.00 | 6,905,429.93 |
| FBNH | 11.8 | 97 | 10,900,995.00 | 128,802,336.25 |
| HONYFLOUR | 2.19 | 57 | 7,835,957.00 | 16,162,124.34 |
| THOMASWY | 1.31 | 6 | 6,299,176.00 | 7,986,182.92 |
Top 7 Traders by Value
| Security | Previous Close | Number of Trades | Daily Volume | Daily Value |
| GTCO | 25.25 | 146 | 17,028,872 | 427,737,620.05 |
| AIRTELAFRI | 1660 | 21 | 165,398 | 253,137,949.50 |
| MTNN | 243.9 | 242 | 755,365 | 182,656,131.40 |
| GEREGU | 207.9 | 51 | 786,184 | 160,599,062.80 |
| ZENITHBANK | 25 | 210 | 6,116,393 | 152,959,643.00 |
| FBNH | 11.9 | 87 | 6,592,592 | 77,942,833.60 |
| UBA | 8.4 | 119 | 7,739,304 | 64,688,598.25 |
OUTLOOK
We expect positive sentiment to be sustained as investors take refuge in safe haven stocks.
