Trading activities in the Nigeria Equities Market closed Negative today Wednesday (10/05/2023) as the NGX-ASI decreased by 0.75% to close at 52,209.06 compared to 52,605.78 recorded at the close of the previous trading day; indicating a YTD return of +1.87%.
Similarly, the market capitalization decreased by N216.28 billion to N28.4281 trillion from N28.6444 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.95 billion from N7.13 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.65x as 33 stocks advanced and 20 stocks declined, while 59 stocks remained unchanged. ARDOVA topped the gainers’ list with +10.00% while CAVERTON declined by -9.48% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 10th May 2023
MARKET STATISTICS
| CAP | N28,428,153,543,292.63 | One Day (ASI CHG) | -0.75% |
| Index | 52,209.06 | One Week (ASI CHG) | +0.00% |
| Volume | 554,312,101 | One Month (ASI CHG) | +0.51% |
| Value | N5,957,726,691.89 | Six Months (ASI CHG) | +20.08% |
| Deal | 5,168 | 52 Weeks (ASI CHG) | +0.78% |
| Gainers | 33 | Losers | 20 |
| Unchanged | 59 | Total | 112 |
| YTD Returns | +1.87% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %change |
| ASI | -0.75 |
| NGX30 | -0.68 |
| NGXBNK | -1.22 |
| NGXCNSMRGDS | 1.3 |
| NGXINDUSTR | -3.4 |
| NGXINS | -0.21 |
| NGXLOTUSISLM | -0.03 |
| NGXOILGAS | 0.93 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %change |
| ARDOVA | 20.00 | 22.00 | 2.00 | 10.00 |
| NCR | 2.12 | 2.33 | 0.21 | 9.91 |
| TRANSCORP | 1.96 | 2.15 | 0.19 | 9.69 |
| JAPAULGOLD | 0.31 | 0.34 | 0.03 | 9.68 |
| CWG | 1.59 | 1.74 | 0.15 | 9.43 |
| NEIMETH | 1.39 | 1.5 | 0.11 | 7.91 |
| FTNCOCOA | 0.29 | 0.31 | 0.02 | 6.90 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %change |
| CAVERTON | 1.16 | 1.05 | -0.11 | -9.48 |
| SUNUASSUR | 0.54 | 0.49 | -0.05 | -9.26 |
| BUACEMENT | 97.85 | 90 | -7.85 | -8.02 |
| ACADEMY | 1.65 | 1.52 | -0.13 | -7.88 |
| AFRIPRUD | 5.60 | 5.35 | -0.25 | -4.46 |
| RTBRISCOE | 0.28 | 0.27 | -0.01 | -3.57 |
| UNITYBNK | 0.49 | 0.48 | -0.01 | -2.04 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 10.60 | 640 | 139,286,983 |
| FBNH | 11.75 | 130 | 100,751,684 |
| FCMB | 4.24 | 147 | 80,176,357 |
| UBA | 8.00 | 324 | 42,937,915 |
| ZENITHBANK | 24.40 | 342 | 24,481,422 |
| FIDELITYBK | 5.84 | 154 | 19,481,494 |
| GTCO | 24.60 | 339 | 17,934,644 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ACCESSCORP | 10.60 | 640 | 1,465,354,000.90 |
| FBNH | 11.75 | 130 | 1,207,400,810.90 |
| ZENITHBANK | 24.40 | 342 | 593,840,223.35 |
| GTCO | 24.60 | 339 | 442,017,070.10 |
| UBA | 8.00 | 324 | 343,894,763.85 |
| FCMB | 4.24 | 147 | 326,460,558.24 |
| MTNN | 229 | 374 | 255,892,993.20 |
OUTLOOK
The bear reign shows dominance over the bull in today’s trading. However, we foresee a positive trend to rebound as companies continue to roll-out payment of dividends.
