Trading activities in the Nigeria Equities Market closed positive today Friday (02/06/2023) as the NGX-ASI increased by 0.03% to close at 55,822.82 compared to 55,808.25 recorded at the close of the previous trading day; indicating a YTD return of +8.92%.
Similarly, the market capitalization increased by N7.94 billion to N30.3958trillion from N30.3879 trillion recorded at the close of the previous trading day, while the market turnover rose to N6.12 billion from N5.73 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.15x as 30 stocks advanced and 26 stocks declined, while 57 stocks remained unchanged. STANBIC topped the gainers’ list with +10.00% while FTNCOCOA declined by -9.59% to lead the losers’ chart.
FBNH recorded the highest volume and highest value for the day.
Read: NGX Price List for Friday, 2ndJune 2023
MARKET STATISTICS
| CAP | N30,395,868,846,626.09 | One Day (ASI CHG) | +0.03% |
| Index | 55,822.82 | One Week (ASI CHG) | +5.38% |
| Volume | 455,760,646 | One Month (ASI CHG) | +6.39% |
| Value | N6,117,545,328.59 | Six Months (ASI CHG) | +17.12% |
| Deal | 7,457 | 52 Weeks (ASI CHG) | +5.64% |
| Gainers | 30 | Losers | 26 |
| Unchanged | 57 | Total | 113 |
| YTD Returns | +8.92% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.03 |
| NGX30 | -0.1 |
| NGXBNK | -1.55 |
| NGXCNSMRGDS | 0.09 |
| NGXINDUSTR | -0.05 |
| NGXINS | 0.38 |
| NGXLOTUSISLM | -0.08 |
| NGXOILGAS | 2.15 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price (N) | Change Price | % Change |
| STANBIC | 40.00 | 44.00 | 4.00 | 10.00 |
| MRS | 44.85 | 49.30 | 4.45 | 9.92 |
| CONOIL | 63.70 | 69.90 | 6.20 | 9.73 |
| ETERNA | 8.45 | 9.25 | 0.80 | 9.47 |
| PZ | 17.00 | 18.50 | 1.50 | 8.82 |
| LASACO | 1.45 | 1.56 | 0.11 | 7.59 |
| CWG | 1.68 | 1.80 | 0.12 | 7.14 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| FTNCOCOA | 0.73 | 0.66 | -0.07 | -9.59 |
| UPDC | 1.12 | 1.02 | -0.10 | -8.93 |
| CHAMS | 0.45 | 0.41 | -0.04 | -8.89 |
| MBENEFIT | 0.39 | 0.36 | -0.03 | -7.69 |
| STERLINGNG | 2.25 | 2.08 | -0.17 | -7.56 |
| CUTIX | 2.50 | 2.35 | -0.15 | -6.00 |
| UNITYBNK | 0.53 | 0.50 | -0.03 | -5.66 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| FBNH | 14.25 | 659 | 102,748,291 |
| ACCESSCORP | 12.40 | 518 | 55,679,382 |
| UBA | 9.35 | 466 | 48,792,306 |
| ZENITHBANK | 28.60 | 416 | 21,919,010 |
| FIDELITYBK | 5.85 | 226 | 18,196,304 |
| FTNCOCOA | 0.66 | 91 | 17,386,174 |
| TRANSCORP | 2.92 | 218 | 15,505,412 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| FBNH | 14.25 | 659 | 1,399,797,120.25 |
| ACCESSCORP | 12.40 | 518 | 678,908,968.55 |
| ZENITHBANK | 28.60 | 416 | 627,642,246.00 |
| UBA | 9.35 | 466 | 464,938,123.85 |
| GTCO | 28.35 | 308 | 398,151,774.10 |
| NESTLE | 1250.00 | 80 | 364,972,536.10 |
| NB | 41.00 | 135 | 243,117,278.60 |
OUTLOOK
Market recorded a four-day straight bull however, “Sell in May and go away”. Investors are advised to be cautious ; this is emphasizing the importance of prudent investment strategies and diversification.
