The Nigeria Equity Market closed trading activities for today Friday (10/02/2023) negative, as the NGX-ASI decreased by -0.06% to 54,327.30 from 54,359.90 ; indicating a YTD return of -6.00%.
Similarly, the market capitalization decreased by N17.75 billion to N29.59 trillion from N29.61 trillion. The market turnover increased to N5.33 billion from N3.04 billion.
The market breadth was negative at 0.62x as 13 stocks advanced and 21 stocks declined, while 80 stocks remained unchanged. CONOIL topped the gainers’ list with +9.95% increase, while INTENEGINS declined by -9.49% to lead the losers’ chart. Also, FBNH recorded the highest volume and AIRTELAFRI recorded highest value for the day.
Stocks whose share prices increased during intra-day trading include:
INTENEGINS(-9.49%), SOVRENINS(-9.09%), CHIPLC(-7.35%), CUTIX(-7.24%),CHAMPION(-7.22%), LINKASSURE(-6.67%)FTNCOCOA(-6.67%), REGALINS(-6.45%), HONYFLOUR(-5.36%), and ROYALEX(-3.90%).
Read: NGX Price List for Friday, 10th February 2023
MARKET STATISTICS
| CAP | N29,590,617,232,958.23 | One Day (ASI CHG) | -0.06% |
| Index | 54,327.30 | One Week (ASI CHG) | +0.21% |
| Volume | 175,660,184.00 | One Month (ASI CHG) | +5.02% |
| Value | N5,329,024,411.02 | Six Months (ASI CHG) | +8.49% |
| Deals | 3,563.00 | 52 Weeks (ASI CHG) | +14.89% |
| Gainers | 13 | Losers | 21 |
| Unchanged | 80 | Total | 114 |
| YTD Returns | +6.00% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.06 |
| NGX50 | -0.01 |
| NGXBNK | 0.01 |
| NGXCNSMRGDS | -0.19 |
| NGXINDUSTR | -0.01 |
| NGXINS | -1.47 |
| NGXLOTUSISLM | -0.15 |
| NGXOILGAS | 0.72 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| CONOIL | 29.15 | 32.05 | 2.90 | 9.95 |
| TRIPPLEG | 1.25 | 1.37 | 0.12 | 9.60 |
| GEREGU | 200.00 | 209.70 | 9.70 | 4.85 |
| NPFMCRFBK | 1.78 | 1.80 | 0.02 | 1.12 |
| CAVERTON | 0.96 | 0.97 | 0.01 | 1.04 |
| IKEJAHOTEL | 0.99 | 1.00 | 0.01 | 1.01 |
| UCAP | 15.05 | 15.20 | 0.15 | 1.00 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| INTENEGINS | 1.37 | 1.24 | -0.13 | -9.49 |
| SOVRENINS | 0.33 | 0.30 | -0.03 | -9.09 |
| CHIPLC | 0.68 | 0.63 | -0.05 | -7.35 |
| CUTIX | 2.21 | 2.05 | -0.16 | -7.24 |
| CHAMPION | 4.85 | 4.50 | -0.35 | -7.22 |
| FTNCOCOA | 0.30 | 0.28 | -0.02 | -6.67 |
| LINKASSURE | 0.45 | 0.42 | -0.03 | -6.67 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 11.85 | 112.00 | 30,221,032.00 | 357,151,940.85 |
| NB | 40.50 | 110.00 | 28,139,985.00 | 1,126,429,364.25 |
| GTCO | 25.20 | 211.00 | 12,122,178.00 | 305,277,219.40 |
| ROYALEX | 0.74 | 49.00 | 8,438,406.00 | 6,025,028.64 |
| ACCESSCORP | 9.10 | 109.00 | 7,555,899.00 | 68,808,638.60 |
| ZENITHBANK | 25.20 | 262.00 | 6,872,468.00 | 172,763,050.35 |
| UNIVINSURE | 0.20 | 11.00 | 6,650,100.00 | 1,330,021.00 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1660.00 | 41.00 | 843,006.00 | 1,291,048,254.00 |
| NB | 40.50 | 110.00 | 28,139,985.00 | 1,126,429,364.25 |
| MTNN | 241.90 | 214.00 | 2,849,019.00 | 691,178,384.70 |
| GEREGU | 209.70 | 54.00 | 3,067,855.00 | 638,280,201.80 |
| FBNH | 11.85 | 112.00 | 30,221,032.00 | 357,151,940.85 |
| GTCO | 25.20 | 211.00 | 12,122,178.00 | 305,277,219.40 |
| ZENITHBANK | 25.20 | 262.00 | 6,872,468.00 | 172,763,050.35 |
OUTLOOK
Oil & Gas and Banking are the only sectors that showed positive resistance as market closed for the week. We expect positive sentiment to return next week as investors continue to take refuge in safe haven stocks.
