Trading activities in the Nigeria Equity Market closed negative today Tuesday (04/04/2023) as the NGX-ASI decreased by 0.27% to close at 54,035.39 compared to 54,184.34 recorded at the close of the previous trading day; indicating a YTD return of +5.43%.
Similarly, the market capitalization decreased by N81.15 billion to N29.44 trillion from N29.52 trillion recorded at the previous trading day’s close, while the market turnover increased to N3.07 billion from N2.38 billion.
The market breadth was negative at 0.67x as 14 stocks advanced and 21 stocks declined, while 74 stocks remained unchanged. SCOA topped the gainers’ list with +10.00%, while MULTIVERSE declined by -9.88% to lead the losers’ chart.
FIDELITYBK recorded the highest volume, while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Tuesday, 4th April 2023
MARKET STATISTICS
| CAP | N29,436,395,640,050.17 | One Day (ASI CHG) | -0.27% |
| Index | 54,035.39 | One Week (ASI CHG) | +1.17% |
| Volume | 296,735,657.00 | One Month (ASI CHG) | -2.82% |
| Value | N3,066,454,918.39 | Six Months (ASI CHG) | +10.22% |
| Deals | 4,590.00 | 52 Weeks (ASI CHG) | +15.74% |
| Gainers | 14 | Losers | 21 |
| Unchanged | 74 | Total | 109 |
| YTD Returns | +5.43% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.19 |
| NGX30 | -0.18 |
| NGXBNK | -1.34 |
| NGXCNSMRGDS | 0.12 |
| NGXINDUSTR | -0.04 |
| NGXINS | 0.89 |
| NGXLOTUSISLM | -0.07 |
| NGXOILGAS | 0.25 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| SCOA | 0.90 | 0.99 | 0.09 | 10.00 |
| NAHCO | 8.90 | 9.75 | 0.85 | 9.55 |
| LINKASSURE | 0.44 | 0.48 | 0.04 | 9.09 |
| SUNUASSUR | 0.47 | 0.51 | 0.04 | 8.51 |
| WAPIC | 0.37 | 0.40 | 0.03 | 8.11 |
| MANSARD | 2.09 | 2.20 | 0.11 | 5.26 |
| CONOIL | 38.00 | 40.00 | 2.00 | 5.26 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| MULTIVERSE | 3.24 | 2.92 | -0.32 | -9.88 |
| ETERNA | 6.15 | 5.60 | -0.55 | -8.94 |
| ABCTRANS | 0.34 | 0.31 | -0.03 | -8.82 |
| NGXGROUP | 27.50 | 26.00 | -1.50 | -5.45 |
| AIICO | 0.60 | 0.57 | -0.03 | -5.00 |
| UPDC | 1.01 | 0.97 | -0.04 | -3.96 |
| LIVESTOCK | 1.02 | 0.98 | -0.04 | -3.92 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FIDELITYBK | 5.34 | 90 | 46,588,978 | 249,369,057.66 |
| OANDO | 5.56 | 213 | 33,367,213 | 187,927,958.53 |
| TRANSCORP | 1.40 | 123 | 30,723,907 | 42,075,201.26 |
| MANSARD | 2.20 | 214 | 30,134,936 | 67,896,964.55 |
| UBA | 8.35 | 256 | 21,413,934 | 180,160,545.50 |
| ACCESSCORP | 9.00 | 185 | 20,309,819 | 182,531,306.70 |
| ZENITHBANK | 25.15 | 392 | 14,731,582 | 373,782,662.55 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| ZENITHBANK | 25.15 | 392 | 14,731,582 | 373,782,662.55 |
| GTCO | 24.60 | 274 | 13,565,253 | 338,711,708.00 |
| SEPLAT | 1150.00 | 32 | 292,969 | 336,671,120.90 |
| DANGCEM | 270.00 | 107 | 1,030,404 | 276,415,948.40 |
| FIDELITYBK | 5.34 | 90 | 46,588,978 | 249,369,057.66 |
| OANDO | 5.56 | 213 | 33,367,213 | 187,927,958.53 |
| ACCESSCORP | 9.00 | 185 | 20,309,819 | 182,531,306.70 |
OUTLOOK
Investors’ sentiments continue to rally towards defensive stocks as today’s sector’s performance showed a mixed sentiment even as companies continue to release earnings and dividends.
