The Nigeria Equity Market closed trading activities for today Thursday (26/01/2023) positive, as the NGX-ASI rose by +0.29% to 52,752.96 from 52,599.65; indicating a YTD return of +2.93%.
Similarly, the market capitalization increased by 83.59 billion to N28.73 trillion from N28.65 trillion. The market turnover decreased to N2.02 billion from N2.69 billion.
The market breadth was positive at 3.43x as 24 stocks advanced and 7 stocks declined, while 79 stocks remained unchanged. GEREGU topped the gainers’ list with +10.00% , while RTBRISCOE declined by -9.09% to lead the losers’ chart. Also, GTCO recorded the highest volume and highest value for the day.
Stocks whose share prices gained during intra-day trading include:
GEREGU(+10.00%), WAPIC(+9.76%), INTENEGINS(+9.43%), TRIPPLEG(+9.09%), UPDC(+6.32%), FIDELITYBK(+5.75%), TOTAL(+5.51%), HONYFLOUR(+5.43%), ACCESSCORP(+4.44%), and NGXGROUP(+3.64%).
Read: NGX Price List for Thursday, 26th 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 | 0.29 |
| NGX30 | 0.15 |
| NGXBNK | 1.58 |
| NGXCNSMRGDS | 0.05 |
| NGXINDUSTR | -0.01 |
| NGXINS | 1.01 |
| NGXLOTUSISLM | -0.02 |
| NGXOILGAS | 1.58 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| GEREGU | 134 | 147.4 | 13.4 | 10.00 |
| WAPIC | 0.41 | 0.45 | 0.04 | 9.76 |
| INTENEGINS | 0.53 | 0.58 | 0.05 | 9.43 |
| TRIPPLEG | 0.88 | 0.96 | 0.08 | 9.09 |
| UPDC | 0.95 | 1.01 | 0.06 | 6.32 |
| FIDELITYBK | 5.04 | 5.33 | 0.29 | 5.75 |
| TOTAL | 212.3 | 224 | 11.7 | 5.51 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| RTBRISCOE | 0.33 | 0.3 | -0.03 | -9.09 |
| ROYALEX | 0.85 | 0.78 | -0.07 | -8.24 |
| COURTVILLE | 0.51 | 0.47 | -0.04 | -7.84 |
| LINKASSURE | 0.5 | 0.48 | -0.02 | -4.00 |
| TRANSCORP | 1.22 | 1.21 | -0.01 | -0.82 |
| DANGSUGAR | 17 | 16.9 | -0.1 | -0.59 |
| WAPCO | 24.65 | 24.6 | -0.05 | -0.20 |
Top 7 Traders by Volume
| COMPANY | CLOSE | TRADES | VOLUME | VALUE |
| GTCO | 24.35 | 216.00 | 17,792,614.00 | 433,176,121.55 |
| ACCESSCORP | 9.40 | 145.00 | 15,378,997.00 | 141,380,911.30 |
| FIDELITYBK | 5.33 | 131.00 | 11,903,528.00 | 64,896,990.55 |
| MBENEFIT | 0.36 | 52.00 | 6,851,175.00 | 2,394,655.66 |
| DANGSUGAR | 16.90 | 63.00 | 6,692,373.00 | 113,064,116.15 |
| FBNH | 11.70 | 118.00 | 5,976,807.00 | 70,028,389.75 |
| ZENITHBANK | 24.70 | 204.00 | 5,775,660.00 | 142,091,992.85 |
Top 7 Traders by Value
| COMPANY | CLOSE | TRADES | VOLUME | VALUE |
| GTCO | 24.35 | 216.00 | 17,792,614.00 | 433,176,121.55 |
| GEREGU | 147.40 | 111.00 | 1,634,391.00 | 239,008,263.70 |
| ZENITHBANK | 24.70 | 204.00 | 5,775,660.00 | 142,091,992.85 |
| ACCESSCORP | 9.40 | 145.00 | 15,378,997.00 | 141,380,911.30 |
| AIRTELAFRI | 1610.00 | 46.00 | 72,324.00 | 117,928,335.00 |
| DANGSUGAR | 16.90 | 63.00 | 6,692,373.00 | 113,064,116.15 |
| NGXGROUP | 25.60 | 24.00 | 3,554,742.00 | 90,753,409.40 |
OUTLOOK
We expect positive sentiment to be sustained as investors lean towards financial stocks and other defensive stocks.
