Market Gains As ASI Inched 0.03%.

The Nigeria Equity Market closed trading activities for today Thursday (16/02/2023) flat, as the NGX-ASI increased by 0.03% to 54,520.20 from 54,507.66; indicating a YTD return of +6.38%.

Similarly, the market capitalization increased by N7.53 billion to N29.69 trillion from N29.68 trillion. The market turnover decreased to N3.60 billion from N4.36 billion

The market breadth was positive at 1.06x as 16 stocks advanced and 15 stocks declined, while 75 stocks remained unchanged. TRIPPLEG topped the gainers’ list with +9.7% increase, while COURTVILLE declined by -9.61% to lead the losers’ chart. Also, GTCO recorded the highest volume and while DANGCEM recorded the highest value for the day.

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

TRIPPLEG(+9.70%), JAPAULGOLD(+7.14%), RTBRISCOE(+7.14%), VERITASKAP(+5.00%)HONYFLOUR(+3.79%), GEREGU(+3.67%), CHAMS(+3.57%), IKEJAHOTEL(+2.88%), STERLNBANK(+2.65%), and LASACO(+2.08%).

Read: NGX Price List for Thursday, 16th February, 2023

MARKET STATISTICS

CAPN29,696,387,484,688.70One Day (ASI CHG)+0.03%
Index54,520.20One Week (ASI CHG)+0.29%
Volume 125,860,855.00One Month (ASI CHG)+3.45%
ValueN3,602,638,747.76Six Months (ASI CHG)+9.68%
Deals2,670.0052 Weeks (ASI CHG)+15.73%
Gainers16 Losers 15
Unchanged75Total 106
YTD Returns+6.38%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange Percent
ASI0.03
NGX30-0.07
NGXBNK-0.01
NGXCNSMRGDS0.14
NGXINDUSTR-0.13
NGXINS-0.41
NGXLOTUSISLM-0.24
NGXOILGAS-0.02

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% change
TRIPPLEG1.651.810.169.70
JAPAULGOLD0.280.30.027.14
RTBRISCOE0.280.30.027.14
VERITASKAP0.20.210.015.00
HONYFLOUR2.112.190.083.80
GEREGU210217.77.73.67
CHAMS0.280.290.013.57

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% change
COURTVILLE0.520.47-0.05-9.62
CWG0.890.81-0.08-8.99
NGXGROUP28.426.5-1.9-6.69
WAPIC0.430.41-0.02-4.65
FIDELITYBK5.25.03-0.17-3.27
TRANSCORP1.261.22-0.04-3.17
MBENEFIT0.320.31-0.01-3.13

Top 7 Traders by Volume

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
GTCO25.2175   19,173,469.00       481,722,102.75
UBA8.4107   14,357,029.00       120,585,896.40
ZENITHBANK25.5180     8,441,601.00       214,560,817.40
TRANSCORP1.2260     8,392,479.00         10,405,466.91
DANGCEM27065     7,208,700.00   1,945,654,336.00
FIDELITYBK5.03123     6,574,550.00         33,205,480.43
AIICO0.631     5,372,478.00           3,172,906.78

Top 7 Traders by Value

SecurityClose PriceNumber of Trades Daily Volume  Daily Value 
DANGCEM27065     7,208,700.00   1,945,654,336.00
GTCO25.2175   19,173,469.00       481,722,102.75
ZENITHBANK25.5180     8,441,601.00       214,560,817.40
UBA8.4107   14,357,029.00       120,585,896.40
WAPCO26149     4,158,679.00       108,967,342.40
NESTLE1080.329           74,407.00         81,791,824.20
MTNN245.5151         318,974.00         77,379,395.90

OUTLOOK

Investors continue to delve towards defensive stocks across sectors as consumer goods propelled market positive today.

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