The Nigeria Equity Market closed trading activities for today Friday (17/02/2023) negative, as the NGX-ASI decreased by -1.31% to 53,804.46 from 54,520.20; indicating a YTD return of +4.98%.
Similarly, the market capitalization decreased by N386.27 billion to N29,31 trillion from N29.69 trillion. The market turnover increased to N3.77 billion from N3.60 billion
The market breadth was negative at -0.67x as 12 stocks advanced and 18 stocks declined, while 74 stocks remained unchanged. TRIPPLEG topped the gainers’ list with +9.94% increase, while PHARMDEKO declined by -10.00% to lead the losers’ chart. Also, FBNH recorded the highest volume and while GEREGU recorded the highest value for the day.
Stocks whose share prices decreased during intra-day trading include:
PHARMDEKO(-10.00%), RTBRISCOE(-6.67%), AIRTELAFRI(-6.02%), FIDELITYBK(-5.37%), FCMB(-3.82%), NGXGROUP(-2.08%), ZENITHBANK(-1.96%), AIICO(-1.67%), TRANSCORP(-1.64%), and CORNERST(-1.64%).
Read: NGX Price List for Friday, 17th February, 2023
MARKET STATISTICS
| CAP | N29,310,166,175,692.68 | One Day (ASI CHG) | -1.31% |
| Index | 53,804.46 | One Week (ASI CHG) | -0.96% |
| Volume | 172,904,813.00 | One Month (ASI CHG) | +2.09% |
| Value | N3,765,472,514.96 | Six Months (ASI CHG) | +8.28% |
| Deals | 3,077.00 | 52 Weeks (ASI CHG) | +14.23% |
| Gainers | 12 | Losers | 18 |
| Unchanged | 74 | Total | 104 |
| YTD Returns | +4.98% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -1.31 |
| NGX30 | -1.29 |
| NGXBNK | -1.27 |
| NGXCNSMRGDS | 0.13 |
| NGXINDUSTR | -0.05 |
| NGXINS | 0.48 |
| NGXLOTUSISLM | -0.97 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Chanage |
| TRIPPLEG | 1.81 | 1.99 | 0.18 | 9.94 |
| WAPIC | 0.41 | 0.45 | 0.04 | 9.76 |
| UPDC | 0.96 | 1.00 | 0.04 | 4.17 |
| LASACO | 0.98 | 1.02 | 0.04 | 4.08 |
| MBENEFIT | 0.31 | 0.32 | 0.01 | 3.23 |
| FLOURMILL | 30.00 | 30.90 | 0.90 | 3.00 |
| GEREGU | 217.70 | 224.00 | 6.30 | 2.89 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Chanage |
| PHARMDEKO | 2.10 | 1.89 | -0.21 | -10.00 |
| RTBRISCOE | 0.30 | 0.28 | -0.02 | -6.67 |
| AIRTELAFRI | 1660.00 | 1560.00 | -100.00 | -6.02 |
| FIDELITYBK | 5.03 | 4.76 | -0.27 | -5.37 |
| FCMB | 4.45 | 4.28 | -0.17 | -3.82 |
| NGXGROUP | 26.50 | 25.95 | -0.55 | -2.08 |
| ZENITHBANK | 25.50 | 25.00 | -0.50 | -1.96 |
Top 7 Traders by Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FBNH | 11.65 | 98.00 | 47,422,526.00 | 561,225,353.40 |
| ZENITHBANK | 25.00 | 253.00 | 16,892,718.00 | 427,004,776.50 |
| ACCESSCORP | 9.20 | 148.00 | 13,594,719.00 | 125,685,840.15 |
| FIDELITYBK | 4.76 | 141.00 | 10,519,609.00 | 52,248,675.92 |
| TRANSCORP | 1.20 | 89.00 | 10,491,412.00 | 12,708,294.15 |
| UBA | 8.35 | 132.00 | 9,832,772.00 | 81,989,934.45 |
| GTCO | 25.15 | 175.00 | 8,741,128.00 | 219,926,437.70 |
Top 7 Traders by Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| GEREGU | 224.00 | 63.00 | 3,418,739.00 | 762,068,198.40 |
| FBNH | 11.65 | 98.00 | 47,422,526.00 | 561,225,353.40 |
| ZENITHBANK | 25.00 | 253.00 | 16,892,718.00 | 427,004,776.50 |
| MTNN | 245.50 | 276.00 | 1,731,433.00 | 421,723,748.70 |
| AIRTELAFRI | 1560.00 | 47.00 | 214,261.00 | 334,364,892.40 |
| DANGCEM | 270.00 | 50.00 | 1,022,370.00 | 275,984,132.00 |
| GTCO | 25.15 | 175.00 | 8,741,128.00 | 219,926,437.70 |
OUTLOOK
Investors continue to delve into defensive stocks across sectors due to election jittery as Industrial and consumer goods were the only sectors that recorded a bullish trait as market closes for the week.
