Trading activities in the Nigerian Stock Market closed negative today Tuesday (04/07/2023) as the NGX-ASI decreased by -1.99% to close at 60,715.04 compared to 61,949.24 recorded at the close of the previous trading day; indicating a YTD return of +18.47%.
Similarly, the market capitalization decreased by N672.03 billion to N33.0598 trillion from N33.7318 trillion recorded at the close of the previous trading day, while the market turnover decreased to N12.21 billion from N14.04 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.75x as 33 stocks advanced and 44 stocks declined, while 46 stocks remained unchanged. CHIPLC topped the gainers’ list with +10.00%, while LASACO declined by -10.00% after mark down to lead the losers’ chart.
FCMB recorded the highest volume for the day, while ZENITHBANK recorded the highest value.
Read: NGX Price List for Tuesday, 4th July 2023
MARKET STATISTICS
| CAP | N33,059,810,662,184.99 | One Day (ASI CHG) | -1.99% |
| Index | 60,715.04 | One Week (ASI CHG) | +1.01% |
| Volume | 1,107,340,750 | One Month (ASI CHG) | +8.77% |
| Value | N12,209,640,731.92 | Six Months (ASI CHG) | +17.53% |
| Deals | 12,194 | 52 Weeks (ASI CHG) | +17.23% |
| Gainers | 33 | Losers | 44 |
| Unchanged | 46 | Total | 123 |
| YTD Returns | +18.47% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.99 |
| NGX30 | -2.03 |
| NGXBNK | -3.88 |
| NGXCNSMRGDS | -1.35 |
| NGXINDUSTR | -4.25 |
| NGXINS | -0.52 |
| NGXLOTUSISLM | -1.70 |
| NGXOILGAS | 1.91 |
Source: Ngxgroup.com, GTI Research
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| CHIPLC | 0.90 | 0.99 | 0.09 | 10.00 |
| ETERNA | 23.10 | 25.40 | 2.30 | 9.96 |
| CHAMS | 0.81 | 0.89 | 0.08 | 9.88 |
| ETRANZACT | 7.09 | 7.79 | 0.70 | 9.87 |
| SKYAVN | 11.15 | 12.25 | 1.10 | 9.87 |
| GOLDBREW | 1.83 | 2.01 | 0.18 | 9.84 |
| TRANSCOHOT | 23.40 | 25.70 | 2.30 | 9.83 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| LASACO | 2.67 | 2.30 | -0.37 | -13.86 |
| PZ | 23.00 | 20.70 | -2.30 | -10.00 |
| WEMABANK | 5.81 | 5.23 | -0.58 | -9.98 |
| BUACEMENT | 92.25 | 83.15 | -9.10 | -9.86 |
| TRANSCORP | 3.86 | 3.48 | -0.38 | -9.84 |
| UPL | 2.75 | 2.48 | -0.27 | -9.82 |
| IKEJAHOTEL | 4.38 | 3.95 | -0.43 | -9.82 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FCMB | 5.63 | 648 | 180,750,863 |
| STERLINGNG | 3.75 | 393 | 107,535,080 |
| TRANSCORP | 3.48 | 620 | 105,870,374 |
| UBA | 12.75 | 862 | 87,326,805 |
| ACCESSCORP | 17.15 | 790 | 77,845,266 |
| ZENITHBANK | 33.90 | 581 | 52,708,886 |
| JAPAULGOLD | 0.84 | 165 | 44,261,612 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| ZENITHBANK | 33.90 | 581 | 1,796,943,183.10 |
| GTCO | 35.10 | 579 | 1,543,600,656.85 |
| ACCESSCORP | 17.15 | 790 | 1,343,929,171.35 |
| UBA | 12.75 | 862 | 1,115,771,834.55 |
| FCMB | 5.63 | 648 | 981,471,054.98 |
| NESTLE | 1200.00 | 90 | 678,831,746.00 |
| DANGCEM | 285.00 | 199 | 645,618,976.20 |
OUTLOOK
Trading session in the Nigerian Equities Market experienced a decline of 1.99% in ASI today due to profit taking from investors and the rally experienced after recent trading sessions. However, Investors’ positive sentiment is expected to be retained as positive market factors remain.
