Bullish Run Begins Trading Week As Capitalization Increases By N9Bn.

Trading activities in the Nigeria Equities Market closed positive today Monday (15/05/2023) as the NGX-ASI increased by 0.03% to close at 52,231.29 compared to 52,214.62 recorded at the close of the previous trading day; indicating a YTD return of +1.91%.

Similarly, the market capitalization increased by N9.00 billion to N28.440 trillion from N28.431 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.60 billion from N10.98 billion recorded at the close of the previous trading day.

The market breadth was positive at 1.26x as 24 stocks advanced and 19 stocks declined, while 75 stocks remained unchanged. OANDO topped the gainers’ list with +9.91%, while, CWG declined by -9.66% to lead the losers’ chart.

TRANSCORP recorded the highest volume for the day, while, ACCESSCORP recorded highest value for the day.

Read: NGX Price List for Monday, 15th May 2023

MARKET STATISTICS

CAPN28,440,256,914,920.75One Day (ASI CHG)0.03%
Index52,231.29One Week (ASI CHG)-0.66%
Volume626,389,579One Month (ASI CHG)+2.16%
ValueN5,599,503,882.06Six Months (ASI CHG)+18.79%
Deal6,03352 Weeks (ASI CHG)-1.63%
Gainers24Losers19
Unchanged75Total118
YTD Returns+1.91%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security % Percent
ASI0.03
NGX300.18
NGXBNK-0.02
NGXCNSMRGDS0.03
NGXINDUSTR0.02
NGXINS-1.41
NGXLOTUSISLM0.01
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Change Price%Change
OANDO5.556.100.559.91
NCR2.562.810.259.77
TRANSCORP2.592.840.259.65
IKEJAHOTEL1.561.710.159.62
JBERGER28.5031.002.508.77
LIVESTOCK1.021.100.087.84
WAPIC0.430.460.036.98

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Change Price%Change
CWG2.071.87-0.20-9.66
NEM4.554.12-0.43-9.45
ROYALEX0.540.50-0.04-7.41
CUTIX2.422.32-0.10-4.13
AIICO0.590.57-0.02-3.39
ETI12.4012.00-0.40-3.23
FTNCOCOA0.320.31-0.01-3.13

Top 7 Traded Stocks By Volume

SecurityPrevious Close(N)Number of Trades    Volume
TRANSCORP2.59929            190,851,773
ACCESSCORP9.90487            125,057,999
FBNH12.05105              79,706,367
UBA8.25316              39,103,968
ROYALEX0.5494              27,929,568
ZENITHBANK24.00285              18,786,501
GTCO24.25402              17,629,358

Top 7 Traded Stocks By Value

SecurityPrevious Close(N)Number of Trades    Value(N)
ACCESSCORP9.90487  1,245,804,499.20
FBNH12.05105     956,475,511.95
STANBIC37.6026     646,810,196.90
TRANSCORP2.59929     530,824,754.35
ZENITHBANK24.00285     452,074,361.00
GTCO24.25402     423,447,377.15
UBA8.25316     324,297,177.30

OUTLOOK

Investors sentiments sustain positive run of market as trading commences for the week. We expect this strain to continue as investors continue to focus on fundamentally sound stocks, impressive first-quarter (Q1) 2023 results and dividend payments.

WhatsApp
Facebook
LinkedIn
X