The Nigeria Equity Market closed trading activities for today Friday (27/01/2023) negative, as the NGX-ASI dipped by -0.18% to 52657.88 from 52,752.96; indicating a YTD return of +2.75%.
Similarly, the market capitalization decreased by 51.79 billion to N28.68 trillion from N28.73 trillion. The market turnover increased to N2.34 billion from N2.02 billion.
The market breadth was positive at 2.18x as 24 stocks advanced and11 stocks declined, while 75 stocks remained unchanged. CAP topped the gainers’ list with +9.83% , while CUTIX declined by -8.11% to lead the losers’ chart. Also, FIDELITY BANK recorded the highest volume while MTNN recorded the highest value for the day.
Stocks whose share prices loss during intra-day trading include:
CUTIX(-8.11%), INTBREW(-6.12%), GLAXOSMITH(-4.41%), ACCESSCORP(-4.26%), GUINNESS(-3.71%), UPCREDIT(-3.08%), AIICO(-3.08%), CADBURY(-2.53%), OANDO(-1.77%), and MTNN(-1.75%).
Read: NGX Price List for Friday, 27th January 2023
MARKET STATISTICS
| CAP | N28,733,119,738,788.11 | One Day (ASI CHG) | +0.29% |
| Index | 52,752.96 | One Week (ASI CHG) | +0.24% |
| Volume | 139,681,557.00 | One Month (ASI CHG) | +6.13% |
| Value | N2,021,618,394.53 | Six Months (ASI CHG) | +4.58% |
| Deals | 3,549.00 | 52 Weeks (ASI CHG) | +13.37% |
| Gainers | 24 | Losers | 7 |
| Unchanged | 79 | Total | 110 |
| YTD Returns | +2.93% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.18 |
| NGX30 | -0.34 |
| NGXBNK | -0.03 |
| NGXCNSMRGDS | -0.39 |
| NGXINDUSTR | 0.01 |
| NGXINS | 0.36 |
| NGXLOTUSISLM | -0.15 |
| NGXOILGAS | 0.13 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %age Change |
| CAP | 17.80 | 19.55 | 1.75 | 9.83 |
| NNFM | 6.15 | 6.75 | 0.60 | 9.76 |
| JAPAULGOLD | 0.31 | 0.34 | 0.03 | 9.68 |
| TRIPPLEG | 0.96 | 1.05 | 0.09 | 9.38 |
| CORNERST | 0.54 | 0.59 | 0.05 | 9.26 |
| INTENEGINS | 0.58 | 0.63 | 0.05 | 8.62 |
| GEREGU | 147.40 | 160.00 | 12.60 | 8.55 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %age Change |
| CUTIX | 2.22 | 2.04 | -0.18 | -8.11 |
| INTBREW | 4.90 | 4.60 | -0.30 | -6.12 |
| GLAXOSMITH | 6.80 | 6.50 | -0.30 | -4.41 |
| ACCESSCORP | 9.40 | 9.00 | -0.40 | -4.26 |
| GUINNESS | 72.70 | 70.00 | -2.70 | -3.71 |
| UPDCREIT | 3.25 | 3.15 | -0.10 | -3.08 |
| AIICO | 0.65 | 0.63 | -0.02 | -3.08 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FIDELITYBK | 5.4 | 270 | 26,644,503.00 | 145,133,358.41 |
| CHAMS | 0.3 | 31 | 17,789,792.00 | 5,302,280.43 |
| FBNH | 11.7 | 86 | 15,136,342.00 | 177,191,697.45 |
| JAPAULGOLD | 0.34 | 69 | 9,073,872.00 | 3,006,325.88 |
| GTCO | 24.45 | 189 | 8,689,784.00 | 211,926,882.65 |
| NGXGROUP | 26.15 | 61 | 8,477,032.00 | 222,565,655.10 |
| MBENEFIT | 0.37 | 26 | 6,468,101.00 | 2,325,018.85 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 225 | 242 | 1,819,343.00 | 407,497,606.80 |
| GEREGU | 160 | 39 | 2,069,678.00 | 311,009,754.50 |
| NGXGROUP | 26.15 | 61 | 8,477,032.00 | 222,565,655.10 |
| GTCO | 24.45 | 189 | 8,689,784.00 | 211,926,882.65 |
| FBNH | 11.7 | 86 | 15,136,342.00 | 177,191,697.45 |
| FIDELITYBK | 5.4 | 270 | 26,644,503.00 | 145,133,358.41 |
| GUINNESS | 70 | 76 | 1,885,141.00 | 127,496,503.10 |
OUTLOOK
We expect positive sentiment to be sustained as investors lean towards financial stocks and other defensive stocks.
