Stock Market Maintains Positive Trend.

Trading activities in the Nigeria Equities Market closed positive today Thursday (27/04/2023) as the NGX-ASI increased by 0.27% to close at 52,235.88 compared to 52,097.62 recorded at the close of the previous trading day; indicating a YTD return of +1.92%.

Similarly, the market capitalization increased by N75.28 billion to N28.442 trillion from N28.3673 trillion recorded at the previous trading day’s close, while the market turnover decreased to N17.62 billion from N19.47 billion.

The market breadth was positive at 1.44 x as 26 stocks advanced and 18 stocks declined, while 63 stocks remained unchanged. HONYFLOUR topped the gainers’ list with +10.00%, while NB declined by -10.00 % to lead the losers’ chart.

ACCESSCORP recorded the highest volume and value for the day.

Read: NGX Price List for Thursday, 27th April 2023

MARKET STATISTICS

CAPN28,442,621,892,022.77One Day (ASI CHG)+0.27%
Index52,235.88One Week (ASI CHG)+1.71%
Volume2,334,245,742.00One Month (ASI CHG)-2.82%
ValueN17,618,547,265.15Six Months (ASI CHG)+17.05%
Deals6,958.0052 Weeks (ASI CHG)+7.54%
Gainers26 Losers 18
Unchanged63Total 107
YTD Returns+1.92%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.27
NGX300.39
NGXBNK-0.45
NGXCNSMRGDS1.98
NGXINDUSTR-0.05
NGXINS0.42
NGXLOTUSISLM0.94
NGXOILGAS0.15

Top 7 Gainers

SecurityPrevious Close (N)Close Price (N)Change Price% Change
HONYFLOUR2.803.080.2810.00
CADBURY11.2012.301.109.82
NEIMETH1.261.380.129.52
FIDSON8.509.290.799.29
ACADEMY1.431.560.139.09
CWG0.880.960.089.09
PZ12.0512.950.907.47

Top 7 Losers

SecurityPrevious Close (N)Close Price (N)Change Price% Change
NB36.5032.85-3.65-10.00
INTENEGINS1.371.24-0.13-9.49
REDSTAREX2.802.55-0.25-8.93
BERGER7.657.10-0.55-7.19
LASACO1.191.13-0.06-5.04
COURTVILLE0.440.42-0.02-4.55
AIICO0.580.56-0.02-3.45

Top 7 Traded Stocks By Volume

SecurityClose Price (N)Number of Trades Daily Volume 
ACCESSCORP10.001,062         1,231,905,952
TRANSCORP3.121,377             873,594,710
JAPAULGOLD0.36107               45,393,952
UBA7.85260               26,169,506
FIDELITYBK5.20164               24,967,440
ZENITHBANK22.80338               16,870,996
GTCO24.90348               15,062,970

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of Trades Daily Value (N)
ACCESSCORP10.001,062   12,510,837,727.80
TRANSCORP3.121,377      2,750,196,073.05
ZENITHBANK22.80338         383,593,516.55
GTCO24.90348         375,535,908.50
UBA7.85260         205,879,425.10
SEPLAT1115.3031         163,857,887.00
AIRTELAFRI1250.0085         161,485,527.50

OUTLOOK

We still expect bullish sentiment to continue as Q1 2023, earning season dictate the direction of the stock market activity.

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