Trading rebounds marginally as NGX-ASI gains by 0.008%.

Trading activities in the Nigeria Equities Market closed negative today Wednesday (12/04/2023) as the NGX-ASI increased by 0.008% to close at51,953.41 compared to 51,952.99 recorded at the close of the previous trading day; indicating a YTD return of +1.37%.

Similarly, the market capitalization increased by N22 million to N28,300,037 trillion from N28,30267 trillion recorded at the previous trading day’s close, while the market turnover decreased to N1.79 billion from N4.79 billion.

The market breadth was positive at 1.55x as 17 stocks advanced and 11 stocks declined, while 80 stocks remained unchanged. SKYAVN topped the gainers’ list with +10.00%, while ROYALEX declined by -10.00% to lead the losers’ chart.

TRANSCORP recorded the highest volume and ZENITHBANK recorded the highest value for the day.

Read: NGX Price List for Wednesday, 12th April 2023

MARKET STATISTICS

CAPN28,300,267,847,915.66One Day (ASI CHG)0.00%
Index51,953.41One Week (ASI CHG)-3.85%
Volume255,160,869.00One Month (ASI CHG)-6.76%
ValueN1,787,469,471.80Six Months (ASI CHG)+9.72%
Deals3,890.0052 Weeks (ASI CHG)+10.85%
Gainers17 Losers 11
Unchanged80Total 108
YTD Returns+1.37%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change
ASI0.008
NGX300.01
NGXBNK-0.09
NGXCNSMRGDS0.19
NGXINDUSTR0.01
NGXINS0.31
NGXLOTUSISLM0.00
NGXOILGAS0.00

Top Gainers

SecurityPrevious Close(N)Close Price(N)Change Price%change
SKYAVN5.005.500.510.00
ABCTRANS0.310.340.039.68
BERGER7.007.600.68.57
INTBREW4.054.350.37.41
MULTIVERSE2.402.500.14.17
STERLINGNG1.501.560.064.00
UNITYBNK0.510.530.023.92

Top Losers

SecurityPrevious Close(N)Close Price(N)Change Price%change
ROYALEX0.600.54-0.06-10.00
CHAMPION5.084.58-0.5-9.84
CWG0.930.86-0.07-7.53
MBENEFIT0.340.32-0.02-5.88
NGXGROUP26.024.90-1.1-4.23
COURTVILLE0.460.45-0.01-2.17
UBA8.558.45-0.1-1.17

Top Traded Stocks By Volume

SecurityClose PriceDaily Volume
TRANSCORP1.40   117,528,813
FIDELITYBK5.30     38,030,860
UBA8.45     19,816,097
ZENITHBANK25.5     11,384,956
ROYALEX0.54        5,933,380
GTCO24.3        5,631,795
MBENEFIT0.32        5,324,111

Top Traded Stocks By Value

SecurityClose Price(N)Daily Value
ZENITHBANK25.5   290,035,533.55
FIDELITYBK5.30   200,387,282.24
UBA8.45   169,193,832.55
TRANSCORP1.4   163,056,505.57
MTNN240   161,325,624.40
GTCO24.3   136,754,743.10
SEPLAT1150123490095.1

OUTLOOK

All market sectors recorded marginal gains in performance , as investor renewed interest in SKYAVN and 17 other stocks. We expect earnings and dividends release to be pivotal for investors sentiment in the coming days.

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