The Nigeria Equity Market closed trading activities for today Thursday (02/02/2023) positive, as the NGX-ASI grew by 0.93% to 53,998.12. from 53,499.68; indicating a YTD return of +5.36%.
Similarly, the market capitalization increased by 271.49 billion to N29.41 trillion from N29.14 trillion. The market turnover increased to N8.07 billion from N5.52 billion.
The market breadth was positive at 2.07x as 27 stocks advanced and 13 stocks declined, while 71 stocks remained unchanged. MRS topped the gainers’ list with +10.00% , while SUNUASSUR declined by -8.11% to lead the losers’ chart. Also, UNIVINSURE recorded the highest volume while AIRTELAFRI recorded the highest value for the day.
Stocks whose share prices gained during intra-day trading include:
MRS(+10.00%), NNFM(+9.88%), INTENEGINS(+9.76%), SEPLAT(+9.50%), CORNERST(+9.09%), ROYALEX(+8.45%), FCMB(+6.82%), UNIVINSURE(+5.00%), GEREGU(+4.29%), and MTNN(+3.78%).
Read: NGX Price List for Thursday, 2nd February 2023
MARKET STATISTICS
| CAP | N29,411,324,792,222.61 | One Day (ASI CHG) | +0.93% |
| Index | 53,998.12 | One Week (ASI CHG) | +2.36% |
| Volume | 2,869,031,778.00 | One Month (ASI CHG) | +5.36% |
| Value | N8,069,740,800.40 | Six Months (ASI CHG) | +6.66% |
| Deals | 3,940.00 | 52 Weeks (ASI CHG) | +15.06% |
| Gainers | 27 | Losers | 13 |
| Unchanged | 71 | Total | 111 |
| YTD Returns | +5.36% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.93 |
| NGX30 | 0.91 |
| NGXBNK | -0.44 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.39 |
| NGXLOTUSISLM | 0.59 |
| NGXOILGAS | 5.17 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| MRS | 16 | 17.6 | 1.6 | 10.00 |
| NNFM | 8.1 | 8.9 | 0.8 | 9.88 |
| INTENEGINS | 0.82 | 0.9 | 0.08 | 9.76 |
| SEPLAT | 1210 | 1325 | 115 | 9.50 |
| CORNERST | 0.55 | 0.6 | 0.05 | 9.09 |
| ROYALEX | 0.71 | 0.77 | 0.06 | 8.45 |
| FCMB | 4.4 | 4.7 | 0.3 | 6.82 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % change |
| SUNUASSUR | 0.37 | 0.34 | -0.03 | -8.11 |
| MBENEFIT | 0.39 | 0.36 | -0.03 | -7.69 |
| LINKASSURE | 0.48 | 0.45 | -0.03 | -6.25 |
| VERITASKAP | 0.21 | 0.2 | -0.01 | -4.76 |
| PZ | 10.75 | 10.25 | -0.5 | -4.65 |
| CHIPLC | 0.68 | 0.66 | -0.02 | -2.94 |
| CUTIX | 2.06 | 2 | -0.06 | -2.91 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UNIVINSURE | 0.21 | 8 | 2,716,040,206.00 | 543,209,059.20 |
| AIICO | 0.63 | 70 | 13,996,108.00 | 9,167,819.01 |
| GTCO | 25.05 | 278 | 13,930,685.00 | 349,867,882.90 |
| STERLNBANK | 1.62 | 72 | 10,244,544.00 | 17,024,214.45 |
| FIDELITYBK | 5.9 | 141 | 9,880,894.00 | 57,488,900.43 |
| ZENITHBANK | 25.1 | 245 | 9,263,879.00 | 233,576,015.45 |
| UBA | 8.2 | 160 | 8,769,752.00 | 71,503,805.65 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1660 | 161 | 2,330,478.00 | 3,492,638,343.10 |
| GEREGU | 219 | 110 | 8,184,753.00 | 1,770,169,875.30 |
| SEPLAT | 1325 | 38 | 443,713.00 | 587,894,001.50 |
| UNIVINSURE | 0.21 | 8 | 2,716,040,206.00 | 543,209,059.20 |
| GTCO | 25.05 | 278 | 13,930,685.00 | 349,867,882.90 |
| ZENITHBANK | 25.1 | 245 | 9,263,879.00 | 233,576,015.45 |
| NESTLE | 1100 | 71 | 116,840.00 | 128,548,189.70 |
OUTLOOK
We expect positive sentiment to be sustained as investors continue to pile into defensive and financial stocks
