Bull Reign Persists On NGX

Trading activities in the Nigeria Equities Market closed positive today Thursday (20/04/2023) as the NGX-ASI increased by 0.35% to close at 51,355.74 compared to 51,178.41 recorded at the close of the previous trading day; indicating a YTD return of +0.20%.

Similarly, the market capitalization increased byN 92.79 billion to N27.9633 trillion from N27.8706 trillion recorded at the previous trading day’s close, while the market turnover increased to N5.05 billion from N3.98 billion.

The market breadth was positive at 1.75 x as 28 stocks advanced and 16 stocks declined, while 61 stocks remained unchanged. TRANSCOHOT and ACCESSCORP topped the gainers’ list with +10.00%, while CHAMPION declined by -9.96% to lead the losers’ chart.

TRANSCORP recorded the highest volume while ACCESSCORP recorded the highest value for the day.

Read: NGX Price List for Thursday, 20th April 2023

MARKET STATISTICS

CAPN27,963,382,842,798.98One Day (ASI CHG)+0.35%
Index51,355.74One Week (ASI CHG)-1.13%
Volume600,778,307.00One Month (ASI CHG)-6.50%
ValueN5,054,341,863.24Six Months (ASI CHG)+13.20%
Deals4,309.0052 Weeks (ASI CHG)+6.68%
Gainers28 Losers 16
Unchanged61Total 105
YTD Returns+0.20%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.35
NGX300.53
NGXBNK2.90
NGXCNSMRGDS-0.02
NGXINDUSTR-0.09
NGXINS2.07
NGXLOTUSISLM-0.30
NGXOILGAS-0.22

Top 7 Gainers

SecurityPrevious Close (N)Close Price (N)Change Price% Change
TRANSCOHOT6.507.150.6510.00
ACCESSCORP9.009.900.9010.00
TRANSCORP2.232.450.229.87
FIDELITYBK5.285.800.529.85
FCMB3.473.810.349.80
IKEJAHOTEL1.271.390.129.45
ABCTRANS0.340.370.038.82

Top 7 Losers

SecurityPrevious Close (N)Close Price (N)Change Price% Change
CHAMPION4.924.43-0.49-9.96
JAIZBANK0.950.87-0.08-8.42
CUTIX2.302.20-0.10-4.35
CAVERTON1.031.00-0.03-2.91
ETERNA5.955.80-0.15-2.52
LIVESTOCK0.980.96-0.02-2.04
ARDOVA17.0516.75-0.30-1.76

Top 7 Traded Stocks By Volume

SecurityClose Price (N)Number of Trades Daily Volume
TRANSCORP2.45106              240,553,947
ACCESSCORP9.90415              152,138,086
UBA7.85271                39,191,662
FIDELITYBK5.80135                22,386,127
ZENITHBANK21.95355                18,114,437
GTCO25.00327                   9,388,566
STERLINGNG1.6061                   9,025,399

Top 7 Traded Stocks By Value

SecurityClose Price (N)Number of Trades Daily Value (N) 
ACCESSCORP9.90415   1,489,563,404.90
TRANSCORP2.45106       589,357,170.15
ZENITHBANK21.95355       397,264,476.55
MTNN224.00176       393,062,967.20
UBA7.85271       308,728,766.60
STANBIC35.6030       257,739,202.25
GTCO25.00327       235,410,151.65

OUTLOOK

Going forward, we expect investor’s sentiments to be swayed by the search for real positive returns and developments as they move towards stocks with sound fundamentals.

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