Trading activities in the Nigeria Equity Market closed negative today Wednesday (05/04/2023) as the NGX-ASI decreased by 1.88% to close at 53,018.97 compared to 54,035.39 recorded at the close of the previous trading day; indicating a YTD return of +3.45%.
Similarly, the market capitalization decreased by N553.7 billion to N28.9 trillion from N29.44 trillion recorded at the previous trading day’s close, while the market turnover decreased to N2.67 billion from N3.07 billion.
The market breadth was negative at 0.79x as 11 stocks advanced and 14 stocks declined, while 82 stocks remained unchanged. WAPIC topped the gainers’ list with +7.50%, while AIRTELAFRI declined by -9.85% to lead the losers’ chart.
UBA recorded the highest volume, while AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Wednesday, 5th April 2023
MARKET STATISTICS
| CAP | N28,882,688,372,027.71 | One Day (ASI CHG) | -1.88% |
| Index | 53,018.97 | One Week (ASI CHG) | -1.09% |
| Volume | 197,330,713.00 | One Month (ASI CHG) | -4.99% |
| Value | N2,674,523,983.20 | Six Months (ASI CHG) | +8.15% |
| Deals | 3,506.00 | 52 Weeks (ASI CHG) | +13.34% |
| Gainers | 11 | Losers | 14 |
| Unchanged | 82 | Total | 107 |
| YTD Returns | +3.45% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -1.88 |
| NGX30 | -1.74 |
| NGXBNK | 0.49 |
| NGXCG | 0.12 |
| NGXCNSMRGDS | -0.26 |
| NGXINDUSTR | 0.04 |
| NGXINS | 0.88 |
| NGXLOTUSISLM | -1.26 |
| NGXOILGAS | 0.12 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| WAPIC | 0.4 | 0.43 | 0.03 | 7.50 |
| MBENEFIT | 0.32 | 0.34 | 0.02 | 6.25 |
| CWG | 0.95 | 1.00 | 0.05 | 5.26 |
| ETERNA | 5.6 | 5.85 | 0.25 | 4.46 |
| CUTIX | 2.22 | 2.30 | 0.08 | 3.60 |
| UPDCREIT | 3.15 | 3.20 | 0.05 | 1.59 |
| ZENITHBANK | 25.15 | 25.50 | 0.35 | 1.39 |
Top 7 Losers
| AIRTELAFRI | 1479 | 1331.10 | -147.9 | -10.00 |
| IKEJAHOTEL | 1.32 | 1.19 | -0.13 | -9.85 |
| MULTIVERSE | 2.92 | 2.64 | -0.28 | -9.59 |
| ROYALEX | 0.75 | 0.68 | -0.07 | -9.33 |
| FLOURMILL | 31 | 29.50 | -1.5 | -4.84 |
| CHAMS | 0.24 | 0.23 | -0.01 | -4.17 |
| CHAMPION | 5.2 | 5.00 | -0.2 | -3.85 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| UBA | 8.35 | 217 | 64,202,706.00 | 536,659,895.65 |
| TRANSCORP | 1.38 | 148 | 32,020,905.00 | 44,300,875.80 |
| ZENITHBANK | 25.5 | 347 | 15,857,962.00 | 402,642,195.25 |
| OANDO | 5.61 | 133 | 9,957,466.00 | 55,923,075.08 |
| MBENEFIT | 0.34 | 16 | 7,295,000.00 | 2,417,050.00 |
| CUSTODIAN | 5.65 | 27 | 5,025,061.00 | 28,393,238.90 |
| ROYALEX | 0.68 | 17 | 4,452,525.00 | 3,053,903.97 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| AIRTELAFRI | 1331.10 | 25 | 403,274.00 | 536,798,021.40 |
| UBA | 8.35 | 217 | 64,202,706.00 | 536,659,895.65 |
| ZENITHBANK | 25.5 | 347 | 15,857,962.00 | 402,642,195.25 |
| SEPLAT | 1150 | 37 | 299,433.00 | 344,347,842.80 |
| WAPCO | 26 | 76 | 3,920,464.00 | 101,383,741.00 |
| GTCO | 24.7 | 159 | 3,696,181.00 | 91,178,544.20 |
| NESTLE | 1080.3 | 70 | 61,739.00 | 66,918,785.70 |
OUTLOOK
Investors’ sentiments continue to rally towards defensive stocks as today’s sector’s performance showed a mixed sentiment even as companies continue to release earnings and dividends.
