Trading activities in the Nigeria Equities Market closed positive today Tuesday (30/05/2023) as the NGX-ASI increased by 5.22% to close at 55,738.35 compared to 52,973.88 recorded at the close of the previous trading day; indicating a YTD return of +8.76%.
Similarly, the market capitalization increased by N1.5053 Trillion to N30. 3499 trillion from N28. 8446 trillion recorded at the close of the previous trading day, while the market turnover increased to N15.80 billion from N7.67 billion recorded at the close of the previous trading day.
The market breadth was positive at 6.00x as 66 stocks advanced and 11 stocks declined, while 40 stocks remained unchanged. DEAPCAP, ETERNA, FCMB, JAIZBANK, NB, STERLINGNG, TRANSCOHOT, AND ZENITHBANK topped the gainers’ list with +10.00% while IKEJAHOTEL declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 30th May 2023
MARKET STATISTICS
| CAP | N30,349,872,762,833.62 | One Day (ASI CHG) | +5.22% |
| Index | 55,738.35 | One Week (ASI CHG) | +5.92% |
| Volume | 1,078,230,806.00 | One Month (ASI CHG) | +6.58% |
| Value | N15,799,462,207.88 | Six Months (ASI CHG) | +17.21% |
| Deal | 9,916 | 52 Weeks (ASI CHG) | +3.66% |
| Gainers | 66 | Losers | 11 |
| Unchanged | 40 | Total | 117 |
| YTD Returns | +8.76% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 5.22 |
| NGX30 | 5.58 |
| NGXBNK | 8.20 |
| NGXCNSMRGDS | 6.48 |
| NGXINDUSTR | 6.08 |
| NGXINS | 2.29 |
| NGXLOTUSISLM | 6.42 |
| NGXOILGAS | 4.04 |
Top 7 Gainers
| Security | Open Price(N) | Close Price(N) | Change Price | % Change |
| NB | 38.50 | 42.35 | 3.85 | 10.00 |
| ZENITHBANK | 27.00 | 29.70 | 2.70 | 10.00 |
| TRANSCOHOT | 7.50 | 8.25 | 0.75 | 10.00 |
| ETERNA | 7.00 | 7.70 | 0.70 | 10.00 |
| FCMB | 4.20 | 4.62 | 0.42 | 10.00 |
| STERLINGNG | 1.80 | 1.98 | 0.18 | 10.00 |
| JAIZBANK | 1.00 | 1.10 | 0.10 | 10.00 |
Top 7 Losers
| Security | Open Price(N) | Close Price(N) | Change Price | % Change |
| IKEJAHOTEL | 2.40 | 2.16 | -0.24 | -10.00 |
| NCR | 3.06 | 2.76 | -0.30 | -9.80 |
| TANTALIZER | 0.25 | 0.23 | -0.02 | -8.00 |
| INTENEGINS | 1.29 | 1.20 | -0.09 | -6.98 |
| CHIPLC | 0.61 | 0.57 | -0.04 | -6.56 |
| ROYALEX | 0.48 | 0.45 | -0.03 | -6.25 |
| REDSTAREX | 2.90 | 2.75 | -0.15 | -5.17 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| ACCESSCORP | 12.35 | 963 | 199,620,670 |
| FBNH | 14.80 | 213 | 127,937,125 |
| TRANSCORP | 3.18 | 525 | 95,681,103 |
| UBA | 10.20 | 542 | 81,994,495 |
| GTCO | 29.40 | 728 | 76,382,689 |
| ZENITHBANK | 29.70 | 709 | 66,129,791 |
| CHIPLC | 0.57 | 103 | 48,972,897 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value |
| ACCESSCORP | 12.35 | 963 | 2,445,696,974.15 |
| GTCO | 29.40 | 728 | 2,180,046,693.35 |
| ZENITHBANK | 29.70 | 709 | 1,916,816,745.00 |
| FBNH | 14.80 | 213 | 1,748,755,575.40 |
| MTNN | 250.00 | 369 | 883,068,053.80 |
| UBA | 10.20 | 542 | 831,473,451.90 |
| DANGCEM | 290.00 | 179 | 756,285,075.70 |
OUTLOOK
Investors reacted positively to the latest political switch in the country as all major sectors recorded significant increases. Future sentiments are expected to be driven by tangible steps to be taken by the current government to justify their intentions.
