Trading activities in the Nigerian Exchange Market closed positive today Monday (03/07/2023) as the NGX-ASI increased by 1.61% to close at 61,949.24 compared to 60,968.27 recorded at the close of the previous trading day; indicating a YTD return of +20.87%.
Similarly, the market capitalization increased by N534 billion to N33.7318 trillion from N33.1978 trillion recorded at the close of the previous trading day, while the market turnover decreased to N14.04 billion from N15.96 billion recorded at the close of the previous trading day.
The market breadth was positive at 4.79x as 67 stocks advanced and 14 stocks declined, while 41 stocks remained unchanged. ETERNA, FIDELITYBK, and four other stocks topped the gainers’ list with +10.00%, while TRIPPLEG declined by -9.87% to lead the losers’ chart.
FCMB recorded the highest volume for the day, while ACCESSCORP recorded the highest value.
Read: NGX Price List for Monday, 3rd July 2023
MARKET STATISTICS
| CAP | N33,731,840,101,527.75 | One Day (ASI CHG) | +1.61% |
| Index | 61,949.24 | One Week (ASI CHG) | +4.40% |
| Volume | 1,205,487,439 | One Month (ASI CHG) | +11.01% |
| Value | N14,039,718,812.50 | Six Months (ASI CHG) | +20.87% |
| Deals | 12,128 | 52 Weeks (ASI CHG) | +19.52% |
| Gainers | 67 | Losers | 14 |
| Unchanged | 41 | Total | 122 |
| YTD Returns | +20.87% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.61 |
| NGX30 | 1.60 |
| NGXBNK | 6.78 |
| NGXCNSMRGDS | 0.52 |
| NGXINDUSTR | 0.04 |
| NGXINS | 1.84 |
| NGXLOTUSISLM | 0.59 |
| NGXOILGAS | 1.50 |
Source: Ngxgroup.com, GTI Research
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| ETERNA | 21.00 | 23.10 | 2.10 | 10.00 |
| FIDELITYBK | 7.00 | 7.70 | 0.70 | 10.00 |
| UPL | 2.50 | 2.75 | 0.25 | 10.00 |
| MEYER | 2.40 | 2.64 | 0.24 | 10.00 |
| JAPAULGOLD | 0.70 | 0.77 | 0.07 | 10.00 |
| LINKASSURE | 0.70 | 0.77 | 0.07 | 10.00 |
| TRANSCORP | 3.51 | 3.86 | 0.35 | 9.97 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| TRIPPLEG | 3.75 | 3.38 | -0.37 | -9.87 |
| CORNERST | 1.10 | 1.00 | -0.10 | -9.09 |
| NSLTECH | 0.33 | 0.30 | -0.03 | -9.09 |
| ABCTRANS | 0.44 | 0.41 | -0.03 | -6.82 |
| JBERGER | 31.00 | 30.00 | -1.00 | -3.23 |
| NEM | 6.40 | 6.20 | -0.20 | -3.13 |
| CUTIX | 2.70 | 2.62 | -0.08 | -2.96 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FCMB | 5.40 | 490 | 173,808,002 |
| UBA | 13.45 | 894 | 160,673,840 |
| ACCESSCORP | 18.25 | 912 | 132,518,985 |
| JAIZBANK | 1.82 | 276 | 80,637,763 |
| TRANSCORP | 3.86 | 375 | 74,963,674 |
| FIDELITYBK | 7.70 | 387 | 70,476,926 |
| STERLINGNG | 3.69 | 150 | 55,196,261 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ACCESSCORP | 18.25 | 912 | 2,383,617,220.20 |
| UBA | 13.45 | 894 | 2,119,066,371.40 |
| ZENITHBANK | 35.25 | 608 | 1,750,836,390.50 |
| GTCO | 36.50 | 619 | 1,510,555,921.35 |
| FCMB | 5.40 | 490 | 930,697,452.46 |
| WAPCO | 29.65 | 309 | 567,098,788.25 |
| FIDELITYBK | 7.70 | 387 | 523,222,016.61 |
OUTLOOK
Trading session on the Nigerian Exchange sustains bullish drive from last week to begin the week impressively. Investors sentiment is expected to continue to sway market direction even as bargain hunting continues.
