Market Close Bearish As NGX-ASI decreased by 0.19%

Trading activities in the Nigeria Equities Market closed negative today Thursday (22/06/2023) as the NGX-ASI decreased by 0.19% to close at 59, 211.26 compared to 59,323.95 recorded at the close of the previous trading day; indicating a YTD return of +15.53%.

Similarly, the market capitalization decreased by N62.12 billion to N32.2408 trillion from N32.3021 trillion recorded at the close of the previous trading day, while the market turnover increased to N6.62 billion from N6.10 billion recorded at the close of the previous trading day.

The market breadth was constant at 1.00x as 31 stocks advanced and 31 stocks declined, while 57 stocks remained unchanged. NEM topped the gainers’ list with +10.00%, while LASACO declined by -10.00% to lead the losers’ chart.

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

Read: NGX Price List for Thursday, 22th June 2023

MARKET STATISTICS

CAPN32,240,822,354,859.50One Day (ASI CHG)-0.19%
Index59, 211.26One Week (ASI CHG)0.03%
Volume615,912,333One Month (ASI CHG)+13.07%
ValueN6,619,732,119.13Six Months (ASI CHG)+19.62%
Deals7,45952 Weeks (ASI CHG)+15.25%
Gainers31Losers31
Unchanged57Total119
YTD Returns+15.53%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change
ASI-0.19
NGX30-0.01
NGXBNK-0.62
NGXCNSMRGDS0.06
NGXINDUSTR-0.02
NGXINS1.12
NGXLOTUSISLM-0.28
NGXOILGAS0.43

Source: Ngxgroup.com, GTI Research

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N) Price Change% Change
NEM6.306.930.6310.00
CORNERST1.011.110.109.90
SKYAVN7.708.450.759.74
WAPIC0.860.940.089.30
AFRIPRUD6.056.600.559.09
CWG1.671.820.158.98
PRESTIGE0.460.500.048.70

Top 7 Losers

SecurityPrevious Close(N)Close Price(N) Price Change% Change
LASACO2.602.34-0.26-10.00
SOVRENINS0.610.55-0.06-9.84
UNITYBNK1.351.22-0.13-9.63
NSLTECH0.420.38-0.04-9.52
IKEJAHOTEL3.202.91-0.29-9.06
PHARMDEKO2.182.00-0.18-8.26
JAIZBANK1.531.43-0.10-6.54

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of TradesDaily Volume
WAPIC0.9425697,145,059
UBA11.3033148,106,393
UNIVINSURE0.246043,410,198
GTCO31.5032834,603,630
ACCESSCORP14.9036332,871,339
JAPAULGOLD0.6521025,422,091
INTBREW5.207024,998,818

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of Trades Daily Value 
GTCO31.50328   1,098,040,492.25
MTNN265.50299       868,226,187.50
ZENITHBANK31.80323       643,642,218.75
UBA11.30331       546,632,345.15
ACCESSCORP14.90363       487,211,812.85
SEPLAT1360.0057       332,945,842.70
WAPCO29.00103       200,162,263.40

OUTLOOK

The Nigerian Exchange (NGX) closed negative today. Although market closed negative today, trading is expected to close in a positive direction as investors continue to focus on market viable stocks.

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