Trading activities in the Nigeria Equities Market closed negative today Thursday (18/05/2023) as the NGX-ASI decreased by 0.90% to close at 52,109.43 compared to 52,580.86 recorded at the close of the previous trading day; indicating a YTD return of +1.67%.
Similarly, the market capitalization decreased by N256.69 billion to N28.373 trillion from N28.631 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.15 billion from N7.89 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.85x as 23 stocks advanced and 26 stocks declined, while 65 stocks remained unchanged ABCTRANS topped the gainers list with a maximum of +10.00% while ACADEMY declined by -10.00% to lead the loser’s chart.
ACCESSCORP and GTXCO recorded the highest volume and highest value for the day.
Read: NGX Price List for Thursday, 18th May 2023
MARKET STATISTICS
| CAP | N28,373,906,257,803.09 | One Day (ASI CHG) | -0.90% |
| Index | 52,109.43 | One Week (ASI CHG) | -0.10% |
| Volume | 334,237,506 | One Month (ASI CHG) | +1.90% |
| Value | N5,148,039,264.29 | Six Months (ASI CHG) | +18.40% |
| Deal | 5,350 | 52 Weeks (ASI CHG) | -2.19% |
| Gainers | 22 | Losers | 26 |
| Unchanged | 65 | Total | 113 |
| YTD Returns | +1.67% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.90 |
| NGX30 | -1.02 |
| NGXBNK | -0.44 |
| NGXCNSMRGDS | -0.02 |
| NGXINDUSTR | -0.01 |
| NGXINS | -0.34 |
| NGXLOTUSISLM | -0.67 |
| NGXOILGAS | -0.48 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price(N) | Change Price | % Change |
| ABCTRANS | 0.40 | 0.44 | 0.04 | 10.00 |
| MRS | 37.10 | 40.80 | 3.70 | 9.97 |
| NPFMCRFBK | 1.60 | 1.75 | 0.15 | 9.38 |
| COURTVILLE | 0.43 | 0.47 | 0.04 | 9.30 |
| TRIPPLEG | 2.70 | 2.95 | 0.25 | 9.26 |
| PZ | 14.00 | 15.20 | 1.20 | 8.57 |
| FTNCOCOA | 0.37 | 0.40 | 0.03 | 8.11 |
Top 7 Losers
| Security | Previous Close (N) | Close Price(N) | Change Price | % Change |
| ACADEMY | 1.70 | 1.53 | -0.17 | -10.00 |
| ARDOVA | 24.8 | 22.35 | -2.45 | -9.88 |
| HONYFLOUR | 2.90 | 2.65 | -0.25 | -8.62 |
| REGALINS | 0.32 | 0.30 | -0.02 | -6.25 |
| AIRTELAFRI | 1250.00 | 1175.00 | -750 | -6.00 |
| STERLINGNG | 1.80 | 1.70 | -0.10 | -5.56 |
| NAHCO | 13.40 | 12.70 | -0.70 | -5.22 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 10.15 | 305 | 64,689,023 |
| GTCO | 26.20 | 478 | 51,123,475 |
| ZENITHBANK | 25.00 | 378 | 29,058,428 |
| TRANSCORP | 2.80 | 315 | 26,115,087 |
| UBA | 8.45 | 315 | 18,601,196 |
| MANSARD | 2.75 | 181 | 12,654,554 |
| CHIPLC | 0.57 | 24 | 11,462,931 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| GTCO | 26.20 | 478 | 1,340,548,040.75 |
| ZENITHBANK | 25.00 | 378 | 725,712,417.85 |
| SEPLAT | 1175.00 | 21 | 681,879,786.50 |
| ACCESSCORP | 10.15 | 305 | 656,268,043.80 |
| MTNN | 229.00 | 260 | 370,777,835.80 |
| AIRTELAFRI | 1175.00 | 64 | 176,125,737.20 |
| UBA | 8.45 | 315 | 156,250,176.90 |
OUTLOOK
We expect mixed market performances as investors rebalance their portfolios based on the assessment of corporate earnings released for the first quarter of 2023 and in response to market expectation of the CBN pronouncement at the forthcoming MPC.
