The Nigeria Equity Market closed trading activities for today Monday (06/03/2023) positive, as the NGX-ASI increased by 0.14% to 55,605.57 from 55,529.21; indicating a YTD return of +8.50%.
Similarly, the market capitalization increased by N41.6 billion to N30.29 trillion from N30.25 trillion. The market turnover decreased to N2.48 billion from N2.66 billion.
The market breadth was positive at 0.80x as 16 stocks advanced and 20 stocks declined, while 75 stocks remained unchanged. JBERGER topped the gainers’ list with +10.00%, while CWG declined by -7.14% to lead the losers’ chart. Also, TRANSCORP recorded the highest volume and GEREGU recorded highest value for the day.
Stocks whose share prices increased during intra-day trading include:
JBERGER(+10.00%), UNITYBNK(+9.26%), INTENEGINS(+8.33%), LIVESTOCK(+4.67%), CHAMS(+4.00%), AIICO(+3.39%), NAHCO(+3.01%), STERLNBANK(+2.67%), CHAMPION(+1.88%), and UCAP(+1.37%).
Read: NGX Price List for Monday, 6th March, 2023
MARKET STATISTICS
| CAP | N30,291,326,546,362.79 | One Day (ASI CHG) | +0.14% |
| Index | 55,605.57 | One Week (ASI CHG) | +0.50% |
| Volume | 123,545,108.00 | One Month (ASI CHG) | +2.57% |
| Value | N2,483,705,096.00 | Six Months (ASI CHG) | +11.11% |
| Deals | 4,076.00 | 52 Weeks (ASI CHG) | +17.64% |
| Gainers | 16 | Losers | 20 |
| Unchanged | 75 | Total | 111 |
| YTD Returns | +8.50% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.14 |
| NGX30 | 0.13 |
| NGXBNK | -0.29 |
| NGXCNSMRGDS | -0.14 |
| NGXINDUSTR | 0.01 |
| NGXINS | 0.11 |
| NGXLOTUSISLM | 0.34 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | Change (%) |
| JBERGER | 24.5 | 26.95 | 2.45 | 10.00 |
| UNITYBNK | 0.54 | 0.59 | 0.05 | 9.26 |
| INTENEGINS | 1.2 | 1.3 | 0.1 | 8.33 |
| LIVESTOCK | 1.07 | 1.12 | 0.05 | 4.67 |
| CHAMS | 0.25 | 0.26 | 0.01 | 4.00 |
| AIICO | 0.59 | 0.61 | 0.02 | 3.39 |
| NAHCO | 8.3 | 8.55 | 0.25 | 3.01 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | Change (%) |
| CWG | 0.98 | 0.91 | -0.07 | -7.14 |
| FTNCOCOA | 0.3 | 0.28 | -0.02 | -6.67 |
| OANDO | 4.56 | 4.36 | -0.20 | -4.39 |
| COURTVILLE | 0.48 | 0.46 | -0.02 | -4.17 |
| JAPAULGOLD | 0.29 | 0.28 | -0.01 | -3.45 |
| CORNERST | 0.65 | 0.63 | -0.02 | -3.08 |
| WAPIC | 0.41 | 0.40 | -0.01 | -2.44 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| TRANSCORP | 1.27 | 98.00 | 11,799,602.00 | 15,361,849.13 |
| GTCO | 26.3 | 194.00 | 9,396,289.00 | 248,301,617.95 |
| UBA | 8.7 | 153.00 | 9,191,865.00 | 79,044,036.10 |
| OANDO | 4.36 | 99.00 | 8,354,283.00 | 36,778,098.07 |
| FIDELITYBK | 5.14 | 88.00 | 6,447,861.00 | 33,185,083.09 |
| WAPCO | 27.05 | 129.00 | 6,215,157.00 | 168,062,853.50 |
| ACCESSCORP | 9.3 | 121.00 | 5,866,219.00 | 54,488,041.05 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Value | Daily Volume |
| GEREGU | 325 | 137 | 604,268,872.00 | 2,036,287.00 |
| GTCO | 26.3 | 194 | 248,301,617.95 | 9,396,289.00 |
| NESTLE | 1080.3 | 65 | 184,009,445.20 | 163,915.00 |
| WAPCO | 27.05 | 129 | 168,062,853.50 | 6,215,157.00 |
| MTNN | 248 | 263 | 167,997,397.10 | 680,660.00 |
| ZENITHBANK | 26.3 | 243 | 126,024,957.85 | 4,773,883.00 |
| DANGCEM | 278 | 87 | 107,307,782.30 | 383,382.00 |
OUTLOOK
All active sectors show positive performance except for consumer goods and banks. We expect positive sentiment to be maintained as investors continue to take refuge in defensive stocks.
