Bulls Reign Continues As NGX-ASI Posts 0.16% Gain.

Trading activities in the Nigeria Equities Market closed positive today Tuesday (20/06/2023) as the NGX-ASI increased marginally by 0.16% to close at 59,110.02 compared to 59,014.85 recorded at the close of the previous trading day; indicating a YTD return of +15.33%.

Similarly, the market capitalization increased by N51.81 billion to N32.1857trillion from N32.1339 trillion recorded at the close of the previous trading day, while the market turnover decreased to N8.96 billion from N11.15 billion recorded at the close of the previous trading day.

The market breadth was positive at 2.79x as 50 stocks advanced and 19 stocks declined, while 53 stocks remained unchanged. SKYAVN, ACADEMY, CHAMS, AND GUINEAINS topped the gainers’ list with +10.00%, while CILEASING declined by -10.00% to lead the losers’ chart.

UBA recorded the highest volume for the day, while GTCO recorded the highest value for the day.

Read: NGX Price List for Tuesday, 20th June 2023

MARKET STATISTICS

CAPN32,185,693,627,570.69One Day (ASI CHG)+0.16%
Index59,110.02One Week (ASI CHG)+1.63%
Volume588,854,143One Month (ASI CHG)+12.33%
ValueN8,960,857,737.71Six Months (ASI CHG)+19.86%
Deals8,27252 Weeks (ASI CHG)+16.46%
Gainers50Losers19
Unchanged53Total122
YTD Returns+15.33%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Percent
ASI0.16
NGX300.14
NGXBNK0.02
NGXCNSMRGDS0.06
NGXINDUSTR0.10
NGXINS1.85
NGXLOTUSISLM-0.08
NGXOILGAS1.41

Source: Ngxgroup.com, GTI Research

Top 7 Gainers

SecurityPrevious Close  (N)Close Price (N)Price Change% Change
SKYAVN7.007.700.7010.00
ACADEMY1.801.980.1810.00
CHAMS0.400.440.0410.00
GUINEAINS0.200.220.0210.00
LEARNAFRCA2.422.660.249.92
UNITYBNK1.121.230.119.82
SOVRENINS0.510.560.059.80

Top 7 Losers

SecurityPrevious Close  (N)Close Price (N)Price Change% Change
CILEASING4.504.05-0.45-10.00
CORNERST1.121.01-0.11-9.82
NSLTECH0.460.42-0.04-8.70
VERITASKAP0.230.21-0.02-8.70
RTBRISCOE0.370.34-0.03-8.11
PRESTIGE0.520.49-0.03-5.77
AFRIPRUD6.406.05-0.35-5.47

Top 7 Traded Stocks By Volume

SecurityClose Price (N)Number of TradesVolume
UBA11.50438             78,511,818
GTCO32.30494             65,398,595
TRANSCORP3.31492             33,706,038
ACCESSCORP14.85410             31,378,928
VERITASKAP0.2153             27,759,461
STERLINGNG2.89128             23,437,254
JAIZBANK1.70182             22,069,449

Top 7 Traded Stocks By Value

SecurityClose Price (N)Number of TradesValue (N)
GTCO32.30494  2,107,188,787.85
SEPLAT1360.0061  1,028,267,918.60
UBA11.50438     907,474,129.40
MTNN265.00354     891,068,444.20
DANGCEM287.30212     649,234,435.50
ZENITHBANK32.00359     597,057,373.70
ACCESSCORP14.85410     466,626,957.35

OUTLOOK

The stock market retains gains after slight losses towards end of last week. A positive run is anticipated as investors continue to prudently target safe haven stocks.

WhatsApp
Facebook
LinkedIn
X