Nigerian Stock Market Begins The Week Positive As NGX-ASI Posts 0.49% Gain.

Trading activities in the Nigeria Equities Market closed positive today Tuesday (25/04/2023) as the NGX-ASI increased by 0.49% to close at 51,606.49 compared to 51,355.74 recorded at the close of the previous trading day; indicating a YTD return of +0.69%.

Similarly, the market capitalization increased by N 136.54 billion to N28.1000 trillion from N27.9633 trillion recorded at the previous trading day’s close, while the market turnover increased to N8.85 billion from N5.05 billion.

The market breadth was positive at 3.67 x as 33 stocks advanced and 9 stocks declined, while 65 stocks remained unchanged. JAPAULGOLD topped the gainers’ list with +10.00%, while WAPIC declined by -7.32% to lead the losers’ chart.

ACCESSCORP recorded the highest volume and value for the day.

Read: NGX Price List for Tuesday, 25th April 2023

MARKET STATISTICS

CAPN28,099,918,805,673.96One Day (ASI CHG)+0.49%
Index51,606.49One Week (ASI CHG)+0.94%
Volume2,090,120,673.00One Month (ASI CHG)-3.99%
ValueN8,849,042,514.88Six Months (ASI CHG)+16.24%
Deals6,404.0052 Weeks (ASI CHG)+6.49%
Gainers33 Losers 9
Unchanged65Total 107
YTD Returns+0.69%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.63
NGX300.85
NGXBNK1.30
NGXCNSMRGDS0.37
NGXINDUSTR0.11
NGXINS0.07
NGXLOTUSISLM0.62
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close (N)Close Price (N)Price Change% Change
JAPAULGOLD0.300.330.0310.00
HONYFLOUR2.322.550.239.91
BERGER7.608.350.759.87
TRANSCORP2.452.690.249.80
IKEJAHOTEL1.391.520.139.35
CHAMPION4.434.840.419.26
FTNCOCOA0.270.290.027.41

Top 7 Losers

SecurityPrevious Close (N)Close Price (N)Price Change% Change
WAPIC0.410.38-0.03-7.32
NGXGROUP26.6025.30-1.3-4.89
RTBRISCOE0.250.24-0.01-4.00
AIICO0.550.53-0.02-3.64
ROYALEX0.630.61-0.02-3.17
FIDELITYBK5.805.63-0.17-2.93
FBNH11.2011.00-0.2-1.79

Top 7 Traded Stocks By Volume

SecurityClose Price (N)Number of Trades Daily Volume
ACCESSCORP10.601275             217,418,678
TRANSCORP2.69134             111,499,753
FIDELITYBK5.63234               30,705,852
ZENITHBANK22.05449               27,553,279
UBA7.90229               18,212,283
GTCO25.00362               16,936,011
STERLINGNG1.6159               12,548,403

Top 7 Traded Stocks By Value

SecurityClose Price (N)Number of Trades Daily Value
ACCESSCORP10.601275   2,313,464,093.00
ZENITHBANK22.05449       608,808,949.15
GTCO25.00362       423,217,555.05
MTNN229.00485       319,978,060.80
TRANSCORP2.69134       299,934,335.57
FIDELITYBK5.63234       175,788,618.70
DANGSUGAR17.50153       157,275,275.55

OUTLOOK

All sectors in the Nigerian stock market recorded gains in today’s trading aside from Oil and Gas, similar performance is expected to continue as the market tries to rebound fully.

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