The Nigeria Equity Market closed trading activities for today Monday (13/03/2023) negative as the NGX-ASI decreased by 0.01% to 55,788.37 from 55,794.51 ; indicating a YTD return of +8.85%.
Similarly, the market capitalization decreased by N3.34 billion to N30.391 trillion from N30.395 trillion. The market turnover decreased to N2.55 billion from N8.59 billion.
The market breadth was negative at 0.57x as 12 stocks advanced and 21 stocks declined, while 77 stocks remained unchanged. UPL topped the gainers’ list with +9.89%, while NGXGROUP declined by -9.72% to lead the losers’ chart. Also, NGXGROUP recorded the highest volume and highest value for the day.
Stocks whose share prices decreased during intra-day trading include: NGXGROUP (-9.72%), NPFMCRFBK (-8.47%), COURTVILLE (-6.25%), LINKASSURE (-4.35%), ROYALEX (-3.95%), RTBRISCOE (-3.70%), ZENITHBANK (-3.10%), OANDO (-2.71%), STERLNBANK (-2.67%), and NEM (-2.44%).
Read: NGX Price List for Monday, 13th March, 2023
MARKET STATISTICS
| CAP | N30,391,352,129,858.05 | One Day (ASI CHG) | -0.01% |
| Index | 55,788.37 | One Week (ASI CHG) | +0.33% |
| Volume | 179,028,155.00 | One Month (ASI CHG) | +2.62% |
| Value | N2,547,044,722.32 | Six Months (ASI CHG) | +12.26% |
| Deals | 4,296.00 | 52 Weeks (ASI CHG) | +17.60% |
| Gainers | 12.00 | Losers | 21.00 |
| Unchanged | 77.00 | Total | 110.00 |
| YTD Returns | +8.85% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.01 |
| NGX30 | 0.00 |
| NGXBNK | -1.64 |
| NGXCNSMRGDS | 1.82 |
| NGXINDUSTR | -0.08 |
| NGXINS | -0.71 |
| NGXLOTUSISLM | 0.50 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| UPL | 1.82 | 2 | 0.18 | 9.89 |
| CWG | 0.91 | 0.98 | 0.07 | 7.69 |
| MULTIVERSE | 3.57 | 3.75 | 0.18 | 5.04 |
| BUAFOODS | 95 | 99 | 4 | 4.21 |
| REGALINS | 0.29 | 0.3 | 0.01 | 3.45 |
| MBENEFIT | 0.32 | 0.33 | 0.01 | 3.13 |
| CHAMPION | 4.6 | 4.7 | 0.1 | 2.17 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| NGXGROUP | 28.8 | 26 | -2.8 | -9.72 |
| NPFMCRFBK | 1.89 | 1.73 | -0.16 | -8.47 |
| COURTVILLE | 0.48 | 0.45 | -0.03 | -6.25 |
| LINKASSURE | 0.46 | 0.44 | -0.02 | -4.35 |
| ROYALEX | 0.76 | 0.73 | -0.03 | -3.95 |
| RTBRISCOE | 0.27 | 0.26 | -0.01 | -3.70 |
| ZENITHBANK | 25.8 | 25 | -0.8 | -3.10 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| NGXGROUP | 26 | 115.00 | 38,153,504.00 | 994,554,000.05 |
| TRANSCORP | 1.35 | 124.00 | 19,734,414.00 | 26,601,768.38 |
| STERLNBANK | 1.46 | 108.00 | 15,885,152.00 | 23,080,819.81 |
| ZENITHBANK | 25 | 388.00 | 14,834,841.00 | 374,262,538.35 |
| UBA | 8.15 | 218.00 | 13,694,980.00 | 112,480,489.85 |
| ACCESSCORP | 9.05 | 164.00 | 13,550,189.00 | 123,386,841.40 |
| UCAP | 14.7 | 235.00 | 9,115,536.00 | 132,752,437.25 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| NGXGROUP | 26 | 115.00 | 38,153,504.00 | 994,554,000.05 |
| ZENITHBANK | 25 | 388.00 | 14,834,841.00 | 374,262,538.35 |
| UCAP | 14.7 | 235.00 | 9,115,536.00 | 132,752,437.25 |
| ACCESSCORP | 9.05 | 164.00 | 13,550,189.00 | 123,386,841.40 |
| MTNN | 248.3 | 301.00 | 462,734.00 | 114,904,195.40 |
| UBA | 8.15 | 218.00 | 13,694,980.00 | 112,480,489.85 |
| GTCO | 26 | 213.00 | 4,292,921.00 | 112,246,362.55 |
OUTLOOK
Activities in the market maintained negative sentiment despite the boost the financial sector gave the market to record most traded volume and value. A rebound remains in sight as the economy continues to rally to full performance.
