Trading activities in the Nigeria Equities Market closed positive today Wednesday (31/05/2023) as the NGX-ASI increased by 0.06% to close at 55,769.28 compared to 55,738.35 recorded at the close of the previous trading day; indicating a YTD return of +8.82%.
Similarly, the market capitalization increased by N16.85 billion to N30. 3667 trillion from N30. 3499 trillion recorded at the close of the previous trading day, while the market turnover increased to N18.99 billion from N15.80 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.74x as 29 stocks advanced and 39 stocks declined, while 47 stocks remained unchanged. JAIZBANK and VERITASKAP both topped the gainers’ list with +10.00% while NASCON declined by -9.79% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and GEREGU recorded the highest value for the day.
Read: NGX Price List for Wednesday, 31st May 2023
MARKET STATISTICS
| CAP | N30,366,715,069,790.07 | One Day (ASI CHG) | +0.06% |
| Index | 55,769.28 | One Week (ASI CHG) | +5.37% |
| Volume | 661,509,042 | One Month (ASI CHG) | +6.82% |
| Value | N18,998,227,156.83 | Six Months (ASI CHG) | +17.01% |
| Deal | 10,024 | 52 Weeks (ASI CHG) | +5.28% |
| Gainers | 29 | Losers | 39 |
| Unchanged | 47 | Total | 115 |
| YTD Returns | +8.82% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % change |
| ASI | 0.06 |
| NGX30 | -0.07 |
| NGXBNK | -2.46 |
| NGXCNSMRGDS | 2.08 |
| NGXINDUSTR | -0.19 |
| NGXINS | -2.52 |
| NGXLOTUSISLM | 0.96 |
| NGXOILGAS | 1.63 |
Top 7 Gainers
| Security | Open Price(N) | Close Price(N) | Change Price | %change |
| JAIZBANK | 1.10 | 1.21 | 0.11 | 10.00 |
| VERITASKAP | 0.20 | 0.22 | 0.02 | 10.00 |
| CONOIL | 52.70 | 57.95 | 5.25 | 9.96 |
| MRS | 40.80 | 44.85 | 4.05 | 9.93 |
| NEIMETH | 1.52 | 1.67 | 0.15 | 9.87 |
| NCR | 2.76 | 3.03 | 0.27 | 9.78 |
| BERGER | 9.20 | 10.10 | 0.90 | 9.78 |
Top 7 Losers
| Security | Open Price(N) | Close Price(N) | Change Price | %change |
| NASCON | 16.85 | 15.20 | -1.65 | -9.79 |
| RTBRISCOE | 0.41 | 0.37 | -0.04 | -9.76 |
| GLAXOSMITH | 8.35 | 7.55 | -0.80 | -9.58 |
| CAVERTON | 1.39 | 1.26 | -0.13 | -9.35 |
| DEAPCAP | 0.22 | 0.20 | -0.02 | -9.09 |
| CHIPLC | 0.57 | 0.52 | -0.05 | -8.77 |
| TANTALIZER | 0.23 | 0.21 | -0.02 | -8.70 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 12.30 | 772 | 98,730,824 |
| UBA | 9.90 | 890 | 90,198,594 |
| ZENITHBANK | 29.00 | 773 | 44,535,182 |
| GTCO | 28.70 | 683 | 39,599,501 |
| STERLINGNG | 2.05 | 218 | 34,181,369 |
| GEREGU | 309.00 | 70 | 32,949,559 |
| FIDELITYBK | 5.61 | 256 | 30,375,947 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GEREGU | 309.00 | 70 | 9,759,570,400.50 |
| ZENITHBANK | 29.00 | 773 | 1,262,914,766.65 |
| ACCESSCORP | 12.30 | 772 | 1,194,656,226.55 |
| GTCO | 28.70 | 683 | 1,129,025,832.90 |
| UBA | 9.90 | 890 | 891,591,185.60 |
| MTNN | 251.00 | 330 | 857,961,307.20 |
| AIRTELAFRI | 1175.00 | 92 | 719,451,686.70 |
OUTLOOK
Marginal gains were recorded in today’s trading activities. We expect investors’ sentiments to be swayed by the economic, market, industry, and sector regulations by the change of goverment.
