Trading activities in the Nigeria Equities Market closed positive today Friday (19/05/2023) as the NGX-ASI increased by 0.15% to close at 52,187.93 compared to 52,109.43 recorded at the close of the previous trading day; indicating a YTD return of +1.83%.
Similarly, the market capitalization increased by N43 billion to N28.416 trillion from N28.373 trillion recorded at the close of the previous trading day, while the market turnover increased to N8.19billion from N5.15 billion recorded at the close of the previous trading day.
The market breadth was negative at 2.75x as 33 stocks advanced and 12 stocks declined, while 63 stocks remained unchanged FTNCOCOA and TANTALIZER topped the gainers’ list with a maximum of +10.00% respectively while ARDOVA declined by -9.84% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and highest value for the day.
Read: NGX Price List for Friday, 19th May 2023
MARKET STATISTICS
| CAP | N28,416,648,952,225.66 | One Day (ASI CHG) | 0.15% |
| Index | 52,187.93 | One Week (ASI CHG) | -0.05% |
| Volume | 810,767,561 | One Month (ASI CHG) | +1.62% |
| Value | N8,196,164,818.85 | Six Months (ASI CHG) | +18.47% |
| Deal | 5,313 | 52 Weeks (ASI CHG) | -2.04% |
| Gainers | 33 | Losers | 12 |
| Unchanged | 63 | Total | 109 |
| YTD Returns | +1.83% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.15 |
| NGX30 | 0.00 |
| NGXBNK | 1.26 |
| NGXCNSMRGDS | -0.09 |
| NGXINDUSTR | 0.01 |
| NGXINS | 3.26 |
| NGXLOTUSISLM | 0.01 |
| NGXOILGAS | -0.97 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| FTNCOCOA | 0.40 | 0.44 | 0.04 | 10.00 |
| TANTALIZER | 0.20 | 0.22 | 0.02 | 10.00 |
| NCR | 2.81 | 3.09 | 0.28 | 9.96 |
| IKEJAHOTEL | 1.85 | 2.03 | 0.18 | 9.73 |
| CAVERTON | 1.05 | 1.15 | 0.10 | 9.52 |
| CHIPLC | 0.57 | 0.62 | 0.05 | 8.77 |
| LIVESTOCK | 1.20 | 1.30 | 0.10 | 8.33 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| ARDOVA | 22.35 | 20.15 | -2.20 | -9.84 |
| CWG | 1.69 | 1.54 | -0.15 | -8.88 |
| TRANSCORP | 2.80 | 2.64 | -0.16 | -5.71 |
| MAYBAKER | 4.20 | 4.00 | -0.20 | -4.76 |
| WEMABANK | 4.15 | 4.00 | -0.15 | -3.61 |
| UNITYBNK | 0.50 | 0.49 | -0.01 | -2.00 |
| NB | 38.70 | 38.00 | -0.70 | -1.81 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FIDELITYBK | 5.5 | 150 | 269,724,335 |
| ZENITHBANK | 26 | 531 | 57,845,859 |
| UBA | 8.35 | 248 | 48,906,419 |
| ACCESSCORP | 10.2 | 296 | 40,942,202 |
| GTCO | 26.6 | 420 | 28,965,378 |
| TRANSCORP | 2.64 | 283 | 20,213,749 |
| MANSARD | 2.94 | 144 | 10,061,624 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| FIDELITYBK | 5.5 | 150 | 1,484,706,802.68 |
| ZENITHBANK | 26 | 531 | 1,458,017,185.70 |
| GTCO | 26.6 | 420 | 762,583,777.75 |
| MTNN | 229 | 238 | 563,191,060.50 |
| SEPLAT | 1175 | 28 | 458,937,891.70 |
| ACCESSCORP | 10.2 | 296 | 418,013,846.90 |
| UBA | 8.35 | 248 | 408,189,118.90 |
OUTLOOK
Activities on the Nigerian Exchange Limited (NGX) closed positive for the week. Thus, we expect market performance to remain mixed in the week ahead as investors rotate their portfolios towards stocks with attractive dividend yields amid intermittent profit-taking activities.