Trading activities in the Nigeria Equities Market closed positive today Thursday (04/05/2023) as the NGX-ASI increased by 0.16% to close at 52,290.75 compared to 52,207.77 recorded at the close of the previous trading day; indicating a YTD return of +2.03%.
Similarly, the market capitalization increased by N45.18 billion to N28.4724 trillion from N28.4273 trillion recorded at the previous trading day’s close, while the market turnover increased to N7.01 billion from N5.03 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.88x as 32 stocks advanced and 17 stocks declined, while 62 stocks remained unchanged. MBENEFIT top the gainers’ list with +10.00% while LINKASSURE declined by -9.43 % to lead the losers’ chart.
TRANSCORP recorded the highest volume while ACCESSCORP recorded the highest value for the day.
Read: NGX Price List for Thursday, 4th May 2023
MARKET STATISTICS
| CAP | N28,472,498,533,816.37 | One Day (ASI CHG) | +0.16% |
| Index | 52,290.75 | One Week (ASI CHG) | +0.11% |
| Volume | 1,270,128,595 | One Month (ASI CHG) | -1.33% |
| Value | N7,007,551,377.52 | Six Months (ASI CHG) | +18.21% |
| Deals | 5,963 | 52 Weeks (ASI CHG) | +4.32% |
| Gainers | 32 | Losers | 17 |
| Unchanged | 62 | Total | 111 |
| YTD Returns | +2.03% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.16 |
| NGX30 | 0.03 |
| NGXBNK | 0.76 |
| NGXCNSMRGDS | -0.29 |
| NGXINDUSTR | 0.02 |
| NGXINS | 2.08 |
| NGXLOTUSISLM | 0.14 |
| NGXOILGAS | 0.78 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Change Price | % CHANGE |
| MBENEFIT | 0.30 | 0.33 | 0.03 | 10.00 |
| NEM | 4.15 | 4.55 | 0.40 | 9.64 |
| CWG | 1.10 | 1.20 | 0.10 | 9.09 |
| ARDOVA | 18.30 | 19.85 | 1.55 | 8.47 |
| PRESTIGE | 0.36 | 0.39 | 0.03 | 8.33 |
| ACADEMY | 1.59 | 1.72 | 0.13 | 8.18 |
| UACN | 8.00 | 8.65 | 0.65 | 8.13 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Change Price | % CHANGE |
| LINKASSURE | 0.53 | 0.48 | -0.05 | -9.43 |
| REDSTAREX | 2.52 | 2.30 | -0.22 | -8.73 |
| UPL | 1.81 | 1.66 | -0.15 | -8.29 |
| CHAMPION | 4.33 | 4.00 | -0.33 | -7.62 |
| TRANSCORP | 2.29 | 2.15 | -0.14 | -6.11 |
| RTBRISCOE | 0.26 | 0.25 | -0.01 | -3.85 |
| CAVERTON | 1.09 | 1.05 | -0.04 | -3.67 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| TRANSCORP | 2.15 | 483 | 311,204,726 |
| ACCESSCORP | 10.70 | 930 | 219,367,381 |
| CHAMS | 0.32 | 85 | 30,994,029 |
| ZENITHBANK | 24.00 | 426 | 24,904,391 |
| FIDELITYBK | 5.75 | 104 | 24,318,841 |
| GTCO | 24.00 | 383 | 22,213,662 |
| FBNH | 10.95 | 262 | 18,691,529 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| ACCESSCORP | 10.70 | 930 | 2,345,675,799.30 |
| TRANSCORP | 2.15 | 483 | 723,925,637.14 |
| ZENITHBANK | 24.00 | 426 | 597,328,606.20 |
| GTCO | 24.00 | 383 | 523,287,966.95 |
| MTNN | 229.00 | 262 | 286,399,647.80 |
| FBNH | 10.95 | 262 | 204,912,063.40 |
| NB | 32.00 | 246 | 196,395,547.00 |
OUTLOOK
We expect risk-on sentiments to be sustained in the equities market as investors continue to look out for dividends payment.
