Equity Market Gains 0.22% To Begin The Week

Trading activities in the Nigeria Equities Market closed positive today Monday (08/05/2023) as the NGX-ASI increased by 0.22% to close at 52,579.52 compared to 52,465.31 recorded at the close of the previous trading day; indicating a YTD return of +2.59%.

Similarly, the market capitalization increased by N62.1 billion to N28.6297 trillion from N28.5676 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.14 billion from N5.64 billion recorded at the close of the previous trading day.

The market breadth was positive at 1.65x as 28 stocks advanced and 17 stocks declined, while 66 stocks remained unchanged. MULTIVERSE top the gainers’ list with +10.00% while CILEASING declined by -9.80% to lead the losers’ chart.

ACCESSCORP recorded the highest volume and value for the day.

Read: NGX Price List for Monday, 8th May 2023

MARKET STATISTICS

CAPN28,629,738,021,306.39One Day (ASI CHG)+0.22%
Index52,579.52 One Week (ASI CHG)+0.34%
Volume511,384,065One Month (ASI CHG)+1.21%
ValueN7,139,101,767.48Six Months (ASI CHG)+18.77%
Deal5,88352 Weeks (ASI CHG)+3.23%
Gainers28Losers17
Unchanged66Total111
YTD Returns+2.59%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.22
NGX300.05
NGXBNK0.62
NGXCNSMRGDS0.56
NGXINDUSTR0.03
NGXINS0.81
NGXLOTUSISLM0.06
NGXOILGAS0.35

Top 7 Gainers

SecurityPrevious Close(N)Close Price (N)Change Price% Change
MULTIVERSE3.103.410.3110.00
REDSTAREX2.412.650.249.96
CWG1.321.450.139.85
INTBREW4.404.700.306.82
ABCTRANS0.340.360.025.88
AIICO0.560.590.035.36
UPDC0.951.000.055.26

Top 7 Losers

SecurityPrevious Close(N)Close Price (N)Change Price% Change
CILEASING3.983.59-0.39-9.80
TRANSCORP1.941.79-0.15-7.73
FTNCOCOA0.290.27-0.02-6.90
CHAMS0.310.29-0.02-6.45
CUSTODIAN6.255.95-0.30-4.80
CHAMPION4.204.00-0.20-4.76
INTENEGINS1.241.19-0.05-4.03

Top 7 Traded Stocks By Volume

SecurityClose Price (N)Number of Trades      Daily Volume
 ACCESSCORP              11.55                830            167,614,668
 FBNH              11.20                136              91,293,565
 UBA               7.95                515              78,060,831
 TRANSCORP               1.79                296              29,556,829
 MANSARD               2.52                150              18,150,606
 OANDO               5.50                150              11,948,113
 FIDELITYBK               5.60                165              10,623,674

Top 7 Traded Stocks By Value

SecurityClose Price (N)Number of Trades       Daily Value(N) 
 ACCESSCORP              11.55                830  1,916,457,656.95
 AIRTELAFRI       1,250.00                   78  1,451,922,127.10
 FBNH              11.20                136  1,091,666,671.00
 UBA                7.95                515     623,440,600.75
 GEREGU           290.70                   51     539,851,316.10
 MTNN           228.90                333     230,042,018.80
 ZENITHBANK              24.40                348     208,939,024.15

OUTLOOK

Trading begins for the week positive. We foresee this sentiment to be maintained as investors continue to look out for dividends payment.

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