Equities Rebound As Market Posts N7.6Bn CAP Increase.

Trading activities in the Nigeria Equities Market closed positive today Monday (19/06/2023) as the NGX-ASI increased marginally by 0.02% to close at 59,014.85 compared to 59,000.96 recorded at the close of the previous trading day; indicating a YTD return of +15.15%.

Similarly, the market capitalization increased by N7.6 billion to N32.1339 trillion from N32.1263 trillion recorded at the close of the previous trading day, while the market turnover increased to N11.15 billion from N6.51 billion recorded at the close of the previous trading day.

The market breadth was positive at 1.95x as 43 stocks advanced and 22 stocks declined, while 48 stocks remained unchanged. TANTALIZER and UNIVINSURE topped the gainers’ list with +10.00%, while ELLAHLAKES declined by -10.00% to lead the losers’ chart.

JAIZBANK recorded the highest volume for the day while GTCO recorded the highest value for the day.

Read: NGX Price List for Monday, 19th June 2023

MARKET STATISTICS

CAPN32,133,877,550,400.04One Day (ASI CHG)+0.02%
Index59,014.85One Week (ASI CHG)+5.51%
Volume892,954,602One Month (ASI CHG)+12.69%
ValueN11,147,304,163.88Six Months (ASI CHG)+19.67%
Deals9,27452 Weeks (ASI CHG)+13.98%
Gainers43Losers22
Unchanged48Total113
YTD Returns+15.15%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Percent
ASI0.02
NGX30-0.15
NGXBNK2.92
NGXCNSMRGDS0.15
NGXINDUSTR0.66
NGXINS1.19
NGXLOTUSISLM-0.71
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close  (N)Close Price (N)Price Change% Change
TANTALIZER0.200.220.0210.00
UNIVINSURE0.200.220.0210.00
UNITYBNK1.021.120.109.80
MBENEFIT0.410.450.049.76
FTNCOCOA1.351.480.139.63
GOLDBREW1.061.160.109.43
SKYAVN6.407.000.609.38

Top 7 Losers

SecurityPrevious Close  (N)Close Price (N) Price Change% Change
ELLAHLAKES3.603.24-0.36-10.00
JOHNHOLT1.151.04-0.11-9.57
ACADEMY1.991.80-0.19-9.55
OMATEK0.280.26-0.02-7.14
REGALINS0.420.39-0.03-7.14
GLAXOSMITH7.457.00-0.45-6.04
TRANSCORP3.503.30-0.20-5.71

Top 7 Traded Stocks By Volume

Security Close Price (N) Number of Trades       Volume
 JAIZBANK          1.78           290           139,891,381
 STERLINGNG          2.95           319           105,543,000
 UNIVINSURE          0.22             98              95,115,898
 GTCO        32.05           738              83,801,182
 UBA        11.50           486              60,090,914
 WAPIC          0.72           160              46,165,058
 ZENITHBANK        32.00           517              28,270,549

Top 7 Traded Stocks By Value

Security Close Price (N) Number of Trades  Value (N)
 GTCO        32.05           738  2,650,042,453.25
 BUACEMENT        86.00             68  1,740,735,257.15
 DANGCEM      286.90           129  1,141,568,960.50
 ZENITHBANK        32.00           517      880,105,436.90
 MTNN      265.00           407      725,698,523.20
 UBA        11.50           486      693,272,156.50
 WAPCO        28.70           167      630,522,298.30

OUTLOOK

The stock market begins the week on a rebound note after profit-taking that heralded the previous week. A positive run is anticipated in trading as investors continue to prudently target safe haven stocks.

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