Market Gains Marginally As NGX-ASI Increases By 0.02%.

Trading activities in the Nigeria Equities Market closed positive today Tuesday (18/04/2023) as the NGX-ASI increased by 0.02% to close at 51,138.92 compared to 51,127.38 recorded at the close of the previous trading day; indicating a YTD return of -0.22%.

Similarly, the market capitalization increased by N2.53 billion to N27.8528 trillion from N27.8503 trillion recorded at the previous trading day’s close, while the market turnover increased to N5.02 billion from N1.57 billion.

The market breadth was positive at 1.00x as 21 stocks advanced and 21 stocks declined, while 67 stocks remained unchanged. TRANSCORP topped the gainers’ list with +9.73%, while VITAFOAM declined by -8.65% to lead the losers’ chart.

TRANSCORP recorded the highest volume and value for the day.

Read: NGX Price List for Tuesday, 18th April 2023

MARKET STATISTICS

CAPN27,852,836,399,291.25One Day (ASI CHG)+0.02%
Index51,138.92One Week (ASI CHG)-1.57%
Volume1,819,959,168.00One Month (ASI CHG)-6.86%
ValueN5,020,297,166.44Six Months (ASI CHG)+7.50%
Deals4,669.0052 Weeks (ASI CHG)+7.53%
Gainers21 Losers 21
Unchanged67Total 109
YTD Returns-0.22%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change
ASI0.02
NGX300.17
NGXBNK-0.50
NGXCNSMRGDS-0.02
NGXINDUSTR-0.01
NGXINS-1.43
NGXLOTUSISLM-0.04
NGXOILGAS0.12

Top 7 Gainers

SecurityPrevious Close (N)Close Price(N)Change Price%Change
TRANSCORP1.852.030.189.73
RTBRISCOE0.220.240.029.09
INTENEGINS1.201.290.097.50
NAHCO11.0011.600.65.45
AFRIPRUD5.205.450.254.81
ETERNA5.505.750.254.55
NEM3.894.000.112.83

Top 7 Losers

SecurityPrevious Close (N)Close Price(N)Change Price %Change
VITAFOAM18.5016.90-1.6-8.65
LINKASSURE0.480.44-0.04-8.33
CHAMS0.250.23-0.02-8.00
SOVRENINS0.290.27-0.02-6.90
COURTVILLE0.450.42-0.03-6.67
REGALINS0.310.29-0.02-6.45
MBENEFIT0.340.32-0.02-5.88

Top 7 Traded Stocks By Volume

SecurityClose Price (N)Number of TradesDaily Volume
TRANSCORP2.03838           814,090,660
FIDELITYBK5.1791              15,974,417
STERLINGNG1.4944              13,538,449
UBA7.85252              13,096,866
ZENITHBANK21.80391              12,159,667
GTCO25.15342              11,781,871
MANSARD2.29110              11,646,257

Top 7 Traded Stocks By Value

SecurityClose Price (N)Number of TradesDaily Value (N)
TRANSCORP2.03838  1,634,956,083.31
MTNN224.00240      482,694,320.20
GTCO25.15342      294,583,241.40
ZENITHBANK21.80391      265,663,396.45
UBA7.85252      102,074,398.10
FIDELITYBK5.1791        82,335,381.69
OKOMUOIL183.5046        65,234,034.40

OUTLOOK

The Nigerian Equity Market gained marginally today. However, Investors are cautious as the market remains uncertain and striving towards recovery. Companies Q1’2023 performances could be a driver for a positive shift.

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