Trading activities in the Nigeria Equities Market closed positive today Tuesday (09/05/2023) as the NGX-ASI increased marginally by 0.05% to close at 52,605.78 compared to 52,579.52 recorded at the close of the previous trading day; indicating a YTD return of +2.64%.
Similarly, the market capitalization increased by N14.69 billion to N28.6444 trillion from N28.6297 trillion recorded at the close of the previous trading day, while the market turnover decreased marginally to N7.13 billion from N7.14 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.78x as 32 stocks advanced and 18 stocks declined, while 64 stocks remained unchanged. CONOIL topped the gainers’ list with +10.00% while UNITYBNK declined by -9.26% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 9th May 2023
MARKET STATISTICS
| CAP | N28,644,433,023,253.16 | One Day (ASI CHG) | +0.05% |
| Index | 52,605.78 | One Week (ASI CHG) | +0.59% |
| Volume | 640,968,526 | One Month (ASI CHG) | +1.26% |
| Value | N7,132,970,218.04 | Six Months (ASI CHG) | +18.83% |
| Deal | 5,684 | 52 Weeks (ASI CHG) | +1.36% |
| Gainers | 32 | Losers | 18 |
| Unchanged | 64 | Total | 114 |
| YTD Returns | +2.64% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.05 |
| NGX30 | 0.18 |
| NGXBNK | 0.76 |
| NGXCNSMRGDS | -0.73 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.22 |
| NGXLOTUSISLM | 0.10 |
| NGXOILGAS | 1.12 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price (N) | Change Price | % Change |
| CONOIL | 44.00 | 48.40 | 4.40 | 10.00 |
| MULTIVERSE | 3.41 | 3.75 | 0.34 | 9.97 |
| JOHNHOLT | 1.74 | 1.91 | 0.17 | 9.77 |
| CWG | 1.45 | 1.59 | 0.14 | 9.66 |
| TRANSCORP | 1.79 | 1.96 | 0.17 | 9.50 |
| CAVERTON | 1.06 | 1.16 | 0.10 | 9.43 |
| REDSTAREX | 2.65 | 2.90 | 0.25 | 9.43 |
Top 7 Losers
| Security | Previous Close(N) | Close Price (N) | Change Price | % Change |
| UNITYBNK | 0.54 | 0.49 | -0.05 | -9.26 |
| JAPAULGOLD | 0.34 | 0.31 | -0.03 | -8.82 |
| CUTIX | 2.50 | 2.28 | -0.22 | -8.80 |
| NB | 35.00 | 32.10 | -2.9 | -8.29 |
| ACADEMY | 1.75 | 1.65 | -0.1 | -5.71 |
| LINKASSURE | 0.52 | 0.50 | -0.02 | -3.85 |
| MANSARD | 2.52 | 2.45 | -0.07 | -2.78 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| ACCESSCORP | 11.40 | 791 | 129,728,513 |
| UBA | 7.95 | 287 | 91,113,098 |
| FBNH | 11.45 | 133 | 80,973,345 |
| ZENITHBANK | 24.50 | 457 | 42,751,024 |
| NEM | 4.55 | 5 | 33,644,060 |
| TRANSCORP | 1.96 | 163 | 32,993,356 |
| STERLINGNG | 1.71 | 135 | 31,422,931 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value |
| ACCESSCORP | 11.40 | 791 | 1,481,779,324.60 |
| ZENITHBANK | 24.50 | 457 | 1,045,478,158.30 |
| FBNH | 11.45 | 133 | 969,537,779.10 |
| UBA | 7.95 | 287 | 728,472,394.95 |
| GTCO | 24.60 | 283 | 309,622,328.40 |
| GEREGU | 290.70 | 32 | 295,949,670.70 |
| ARDOVA | 20.00 | 96 | 237,944,997.80 |
OUTLOOK
Trading progressed positively in the Nigerian stock market today. We foresee this sentiment to be maintained as investors continue to hunt for dividend-paying stocks.
