Trading activities in the Nigerian Stock Market closed positive today Thursday (06/07/2023) as the NGX-ASI increased by 0.81% to close at 62,019.88 compared to 61,523.57 recorded at the close of the previous trading day; indicating a YTD return of +21.01%.
Similarly, the market capitalization increased by N270 billion to N33.7704 trillion from N33.5002 trillion recorded at the close of the previous trading day, while the market turnover increased to N95.01 billion from N10.30 billion recorded at the close of the previous trading day.
The market breadth was positive at 3.11 x as 53 stocks advanced and 17 stocks declined, while 54 stocks remained unchanged. CONOIL topped the gainers’ list with +10.00%, while WAPIC 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 Thursday, 6th July 2023
MARKET STATISTICS
| CAP | N33,770,436,628,299.03 | One Day (ASI CHG) | +0.81% |
| Index | 62,019.88 | One Week (ASI CHG) | +3.18% |
| Volume | 5,443,829,746 | One Month (ASI CHG) | +10.67% |
| Value | N95,005,139,646.12 | Six Months (ASI CHG) | +21.08% |
| Deals | 9,948 | 52 Weeks (ASI CHG) | +20.29% |
| Gainers | 53 | Losers | 17 |
| Unchanged | 54 | Total | 124 |
| YTD Returns | +21.01% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Securities | % Change |
| ASI | 0.81 |
| NGX30 | 0.86 |
| NGXBNK | 1.60 |
| NGXCNSMRGDS | 0.22 |
| NGXINDUSTR | 0.93 |
| NGXINS | 1.38 |
| NGXLOTUSISLM | 0.62 |
| NGXOILGAS | 2.36 |
Source: Ngxgroup.com, GTI Research
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| CONOIL | 93.00 | 102.30 | 9.30 | 10.00 |
| MRS | 83.00 | 91.30 | 8.30 | 10.00 |
| ETERNA | 23.5 | 25.85 | 2.35 | 10.00 |
| UBN | 7.50 | 8.25 | 0.75 | 10.00 |
| LEARNAFRCA | 3.20 | 3.52 | 0.32 | 10.00 |
| NASCON | 19.10 | 21.00 | 1.90 | 9.95 |
| ETRANZACT | 7.79 | 8.56 | 0.77 | 9.88 |
Top 7 Losers
| Securities | Previous Close ( N) | Close Price ( N) | Price Change | % Change |
| WAPIC | 0.73 | 0.66 | -0.07 | -9.59 |
| UPDC | 1.19 | 1.08 | -0.11 | -9.24 |
| INTENEGINS | 1.43 | 1.30 | -0.13 | -9.09 |
| HONYFLOUR | 3.62 | 3.35 | -0.27 | -7.46 |
| MBENEFIT | 0.54 | 0.50 | -0.04 | -7.41 |
| CHAMPION | 5.00 | 4.75 | -0.25 | -5.00 |
| JAIZBANK | 1.80 | 1.76 | -0.04 | -2.22 |
Top 7 Traded Stocks By Volume
| Securities | Close Price (N) | Number of Trades | Daily Volume |
| FBNH | 19.00 | 529 | 4,691,485,447 |
| FCMB | 6.05 | 390 | 126,766,451 |
| ACCESSCORP | 18.35 | 660 | 56,481,683 |
| JAPAULGOLD | 1.01 | 178 | 55,246,571 |
| TRANSCORP | 3.76 | 359 | 49,184,805 |
| STERLINGNG | 3.89 | 255 | 46,776,407 |
| UBA | 13.35 | 533 | 46,124,987 |
Top 7 Traded Stocks By Value
| Securities | Close Price ( N) | Number of Trades | Daily Value ( N) |
| FBNH | 19.00 | 529 | 87,808,082,555.45 |
| ACCESSCORP | 18.35 | 660 | 1,018,265,034.80 |
| FCMB | 6.05 | 390 | 744,090,912.06 |
| UBA | 13.35 | 533 | 612,296,188.00 |
| GTCO | 35.95 | 359 | 524,501,182.90 |
| MTNN | 274.00 | 361 | 484,655,335.00 |
| ZENITHBANK | 34.55 | 349 | 471,105,195.45 |
OUTLOOK
We expect some good Q2 results to propel the market further in positive direction, as investors continue to rationalize their investment decisions based on fundamentally sound stocks from these results, This is expected to drive hunt for bargains in the market.
