Equities Market Rebounds As NGX-ASI Posts 0.42% Gain.

Trading activities in the Nigeria Equities Market closed positive today Tuesday (06/06/2023) as the NGX-ASI increased by 0.42% to close at 56,038.85 compared to 55,806.71 recorded at the close of the previous trading day; indicating a YTD return of +9.34%.

Similarly, the market capitalization increased by N126.39 billion to N30.5135 trillion from N30.3870 trillion recorded at the close of the previous trading day, while the market turnover dropped to N5.82 billion from N19.84 billion recorded at the close of the previous trading day.

The market breadth was positive at 1.22x as 28 stocks advanced and 23 stocks declined, while 61 stocks remained unchanged. ETRANZACT topped the gainers’ list with +10.00%, while JOHNHOLT declined by -9.88% to lead the losers’ chart.

UBA recorded the highest volume for the day, while AIRTELAFRI recorded the highest value for the day.

Read: NGX Price List for Tuesday, 6th June 2023

MARKET STATISTICS

CAPN30,513,482,417,724.84One Day (ASI CHG)+0.42%
Index56,038.85One Week (ASI CHG)+0.54%
Volume322,494,757One Month (ASI CHG)+6.53%
ValueN5,824,460,117.89Six Months (ASI CHG)+16.37%
Deals6,16552 Weeks (ASI CHG)+5.56%
Gainers28Losers23
Unchanged61Total112
YTD Returns+9.34%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change
ASI0.42
NGX300.31
NGXBNK-0.05
NGXCNSMRGDS0.21
NGXINDUSTR-0.02
NGXINS0.57
NGXLOTUSISLM0.19
NGXOILGAS1.02
Source: Ngxgroup.com, GTI Research

Top 7 Gainers

SecurityPrevious Close(N)Close Price (N)Price Change% Change
ETRANZACT4.004.400.4010.00
ETERNA10.1511.151.009.85
CORNERST0.840.920.089.52
PHARMDEKO1.892.070.189.52
FTNCOCOA0.650.710.069.23
CILEASING3.473.790.329.22
HONYFLOUR2.883.140.269.03

Top 7 Losers

SecurityPrevious Close(N)Close Price (N)Price Change% Change
JOHNHOLT1.721.55-0.17-9.88
MULTIVERSE4.093.7-0.39-9.54
OMATEK0.220.2-0.02-9.09
SUNUASSUR0.480.44-0.04-8.33
RTBRISCOE0.370.34-0.03-8.11
UACN9.859.35-0.50-5.08
IKEJAHOTEL2.372.25-0.12-5.06

Top 7 Traded Stocks By Volume

Security Close Price (N)Number of Trades   Volume
UBA9.35442                           47,126,494
ACCESSCORP12.50390                           39,910,905
GTCO27.85309                           30,224,742
FIDELITYBK5.80143                           23,775,024
JAPAULGOLD0.4085                           16,841,222
ZENITHBANK28.00374                           15,877,042
TRANSCORP2.98149                             8,759,610

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of Trades          Value(N)
AIRTELAFRI1198.00102                 1,757,347,903.20
GTCO27.85309                    846,874,607.70
ACCESSCORP12.50390                    501,775,454.75
ZENITHBANK28.00374                    443,490,492.85
UBA9.35442                    442,314,175.05
WAPCO25.70202                    160,834,927.80
MTNN249.90219                    150,115,307.50

OUTLOOK

Market recorded gains to close today’s trading. Future Investors’ sentiments would be driven by market policies and reforms.

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