Trading activities in the Nigeria Equities Market closed positive today Thursday (01/06/2023) as the NGX-ASI increased by 0.07% to close at 55,808.25 compared to 55,769.28 recorded at the close of the previous trading day; indicating a YTD return of +8.89%.
Similarly, the market capitalization increased by N21.21 billion to N30.3879 trillion from N30.3667 trillion recorded at the close of the previous trading day, while the market turnover nosedived to N5.73 billion from N18.99 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.58x as 30 stocks advanced and 19 stocks declined, while 66 stocks remained unchanged. CONOIL topped the gainers’ list with +9.92% while FTNCOCOA declined by -9.88% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while ZENITH recorded the highest value for the day.
Read: NGX Price List for Thursday, 1st June 2023
MARKET STATISTICS
| CAP | N30,387,934,612,356.80 | One Day (ASI CHG) | +0.07% |
| Index | 55,808.25 | One Week (ASI CHG) | +5.65% |
| Volume | 390,219,293 | One Month (ASI CHG) | +6.50% |
| Value | N5,727,418,444.68 | Six Months (ASI CHG) | +17.10% |
| Deal | 7,725 | 52 Weeks (ASI CHG) | +5.62% |
| Gainers | 30 | Losers | 19 |
| Unchanged | 66 | Total | 115 |
| YTD Returns | +8.89% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.07 |
| NGX30 | 0.05 |
| NGXBNK | 0.95 |
| NGXCNSMRGDS | -0.26 |
| NGXINDUSTR | 0.00 |
| NGXINS | 1.11 |
| NGXLOTUSISLM | 0.79 |
| NGXOILGAS | 2.27 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Change Price | % Change |
| CONOIL | 57.95 | 63.70 | 5.75 | 9.92 |
| STERLINGNG | 2.05 | 2.25 | 0.20 | 9.76 |
| ETERNA | 7.70 | 8.45 | 0.75 | 9.74 |
| CORNERST | 0.78 | 0.85 | 0.07 | 8.97 |
| MBENEFIT | 0.36 | 0.39 | 0.03 | 8.33 |
| JAIZBANK | 1.21 | 1.31 | 0.10 | 8.26 |
| CUSTODIAN | 6.10 | 6.50 | 0.40 | 6.56 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Change Price | % Change |
| FTNCOCOA | 0.81 | 0.73 | -0.08 | -9.88 |
| CHAMPION | 4.16 | 3.76 | -0.40 | -9.62 |
| CHAMS | 0.49 | 0.45 | -0.04 | -8.16 |
| FIDSON | 10.53 | 9.80 | -0.73 | -6.93 |
| LASACO | 1.55 | 1.45 | -0.10 | -6.45 |
| CADBURY | 17.80 | 16.70 | -1.10 | -6.18 |
| BERGER | 10.10 | 9.50 | -0.60 | -5.94 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| ACCESSCORP | 12.20 | 638 | 51,310,650 |
| UBA | 9.80 | 483 | 46,098,238 |
| FTNCOCOA | 0.73 | 206 | 37,317,266 |
| ZENITHBANK | 29.50 | 684 | 37,155,517 |
| GTCO | 29.00 | 541 | 34,356,305 |
| STERLINGNG | 2.25 | 144 | 25,155,576 |
| JAIZBANK | 1.31 | 141 | 13,589,481 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| ZENITHBANK | 29.50 | 684 | 1,090,568,135.85 |
| GTCO | 29.00 | 541 | 993,221,009.85 |
| ACCESSCORP | 12.20 | 638 | 623,817,790.30 |
| UBA | 9.80 | 483 | 453,137,032.65 |
| TOTAL | 278.30 | 153 | 285,516,759.00 |
| MTNN | 249.90 | 288 | 257,619,545.30 |
| DANGCEM | 290.00 | 140 | 219,385,040.20 |
OUTLOOK
We expect sustained mixed sentiments as investors maintain cautious trading activities and adjust to the reality of the new government policy statements.
