The Nigeria Equity Market closed trading activities for today Wednesday (08/03/2023) positive as the NGX-ASI increased by 0.35% to 55,801.14 from 55,603.94; indicating a YTD return of +8.88%.
Similarly, the market capitalization increased by N107.4 billion to N30.40trillion from N30.29 trillion. The market turnover increased to N3.57billion from N2.48 billion.
The market breadth was positive at 1.00x as 18 stocks advanced and 18 stocks declined, while 74 stocks remained unchanged.TRANSEXPR topped the gainers’ list with +9.88%, while MRS declined by -9.98% to lead the losers’ chart. Also, COURTVILLE recorded the highest volume and DANGCEM recorded highest value for the day.
Stocks whose share prices decreased during intra-day trading include:
TRANSEXPR(+9.88%), CUTIX(+8.50%), FTNCOCOA(+7.69%), SOVRENINS(+7.14%),HONYFLOUR(+6.39%), NGXGROUP(+5.66%), LINKASSURE(+4.44%), COURTVILLE(+4.35%), CUSTODIAN(+3.51%), andCORNERST(+3.17%).
Read: NGX Price List for Wednesday, 8th March, 2023
MARKET STATISTICS
| CAP | N30,397,865,668,385.04 | One Day (ASI CHG) | +0.35% |
| Index | 55,801.14 | One Week (ASI CHG) | +0.53% |
| Volume | 152,742,743.00 | One Month (ASI CHG) | +2.53% |
| Value | N3,572,982,800.95 | Six Months (ASI CHG) | +11.62% |
| Deals | 3,293.00 | 52 Weeks (ASI CHG) | +18.34% |
| Gainers | 18 | Losers | 18 |
| Unchanged | 74 | Total | 110 |
| YTD Returns | +8.88% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.35 |
| NGX30 | 0.39 |
| NGXBNK | 0.06 |
| NGXCNSMRGDS | -0.06 |
| NGXINDUSTR | 0.84 |
| NGXINS | 0.16 |
| NGXLOTUSISLM | 0.17 |
| NGXOILGAS | -0.9 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %change |
| TRANSEXPR | 0.81 | 0.89 | 0.08 | 9.88 |
| CUTIX | 2 | 2.17 | 0.17 | 8.50 |
| FTNCOCOA | 0.26 | 0.28 | 0.02 | 7.69 |
| SOVRENINS | 0.28 | 0.3 | 0.02 | 7.14 |
| HONYFLOUR | 2.19 | 2.33 | 0.14 | 6.39 |
| NGXGROUP | 26.5 | 28 | 1.5 | 5.66 |
| LINKASSURE | 0.45 | 0.47 | 0.02 | 4.44 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %change |
| MRS | 31.05 | 27.95 | -3.1 | -9.98 |
| ABCTRANS | 0.38 | 0.35 | -0.03 | -7.89 |
| CHAMS | 0.27 | 0.25 | -0.02 | -7.41 |
| ARDOVA | 18.55 | 17.4 | -1.15 | -6.20 |
| ROYALEX | 0.75 | 0.71 | -0.04 | -5.33 |
| MANSARD | 2.09 | 2 | -0.09 | -4.31 |
| REGALINS | 0.3 | 0.29 | -0.01 | -3.33 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| COURTVILLE | 0.48 | 11 | 34,604,498.00 | 16,609,559.04 |
| UBA | 8.4 | 162 | 15,001,281.00 | 127,310,814.15 |
| GTCO | 26.4 | 227 | 12,749,020.00 | 335,933,612.25 |
| MANSARD | 2 | 35 | 8,282,365.00 | 16,584,241.01 |
| DANGCEM | 285 | 101 | 7,324,308.00 | 2,088,236,731.20 |
| ZENITHBANK | 26 | 249 | 6,261,268.00 | 162,465,690.80 |
| FIDELITYBK | 5.2 | 79 | 4,616,477.00 | 23,796,329.05 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| DANGCEM | 285 | 101 | 7,324,308.00 | 2,088,236,731.20 |
| GTCO | 26.4 | 227 | 12,749,020.00 | 335,933,612.25 |
| ZENITHBANK | 26 | 249 | 6,261,268.00 | 162,465,690.80 |
| MTNN | 249.5 | 189 | 598,909.00 | 148,903,173.80 |
| UBA | 8.4 | 162 | 15,001,281.00 | 127,310,814.15 |
| NB | 40.85 | 131 | 1,643,870.00 | 65,778,502.15 |
| UCAP | 14.7 | 165 | 3,748,295.00 | 55,655,119.10 |
OUTLOOK
All the sectors show a positive rebound from yesterday’s outlook. We expect this sentiment to continue as the week winds up.
