Trading activities in the Nigeria Equities Market closed negative today Friday (09/06/2023) as the NGX-ASI decreased by 0.05% to close at 55,930.97 compared to 55,956.59 recorded at the close of the previous trading day; indicating a YTD return of +9.13%.
Similarly, the market capitalization decreased by N13.95 billion to N30.4547 trillion from N30.4687 trillion recorded at the close of the previous trading day, while the market turnover decreased to N6.09 billion from N7.68 billion recorded at the close of the previous trading day.
The market breadth was positive at 2.06x as 33 stocks advanced and 16 stocks declined, while 69 stocks remained unchanged. NEM and OMATEK topped the gainers’ list with +10.00%, while CONOIL declined by -9.95% to lead the losers’ chart.
FCMB recorded the highest volume and value for the day.
Read: NGX Price List for Friday, 9th June 2023
MARKET STATISTICS
| CAP | N30,454,720,193,120.24 | One Day (ASI CHG) | -0.05% |
| Index | 55,930.97 | One Week (ASI CHG) | +0.20% |
| Volume | 574,737,084 | One Month (ASI CHG) | +6.32% |
| Value | N6,085,344,068.05 | Six Months (ASI CHG) | +14.42% |
| Deals | 6,595 | 52 Weeks (ASI CHG) | +5.19% |
| Gainers | 33 | Losers | 16 |
| Unchanged | 69 | Total | 118 |
| YTD Returns | +9.13% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.05 |
| NGX30 | 0.10 |
| NGXBNK | 0.13 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | -0.55 |
| NGXINS | 3.78 |
| NGXLOTUSISLM | -0.03 |
| NGXOILGAS | -1.60 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| NEM | 5.50 | 6.05 | 0.55 | 10.00 |
| OMATEK | 0.20 | 0.22 | 0.02 | 10.00 |
| GOLDBREW | 0.81 | 0.89 | 0.08 | 9.88 |
| CHAMS | 0.42 | 0.46 | 0.04 | 9.52 |
| FTNCOCOA | 0.85 | 0.93 | 0.08 | 9.41 |
| WAPIC | 0.43 | 0.47 | 0.04 | 9.30 |
| JAPAULGOLD | 0.44 | 0.48 | 0.04 | 9.09 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| CONOIL | 79.90 | 71.95 | -7.95 | -9.95 |
| ABCTRANS | 0.43 | 0.39 | -0.04 | -9.30 |
| SOVRENINS | 0.44 | 0.40 | -0.04 | -9.09 |
| SUNUASSUR | 0.47 | 0.43 | -0.04 | -8.51 |
| COURTVILLE | 0.50 | 0.46 | -0.04 | -8.00 |
| UPL | 2.37 | 2.20 | -0.17 | -7.17 |
| CUTIX | 2.48 | 2.35 | -0.13 | -5.24 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| FCMB | 4.59 | 96 | 204,812,267 |
| ACCESSCORP | 13.00 | 323 | 40,104,650 |
| JAPAULGOLD | 0.48 | 161 | 37,843,082 |
| FIDELITYBK | 5.77 | 167 | 33,217,628 |
| FBNH | 14.10 | 263 | 23,815,910 |
| UBA | 9.95 | 415 | 22,621,055 |
| ZENITHBANK | 28.00 | 340 | 21,049,940 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| FCMB | 4.59 | 96 | 941,959,806.41 |
| ZENITHBANK | 28.00 | 340 | 587,302,602.00 |
| MTNN | 250.00 | 264 | 545,511,229.50 |
| ACCESSCORP | 13.00 | 323 | 518,256,913.35 |
| GTCO | 28.00 | 289 | 466,750,279.80 |
| DANGCEM | 283.00 | 80 | 397,712,532.50 |
| FBNH | 14.10 | 263 | 333,333,127.70 |
OUTLOOK
The market recorded a loss at the end of today’s trading. However, we expect a rebound as investors continue to focus on fundamentally sound stocks.
