Trading activities in the Nigeria Equities Market closed positive today Friday (26/05/2023) as the NGX-ASI increased by 0.29% to close at52,973.88 compared to 52,821.64 recorded at the close of the previous trading day; indicating a YTD return of +3.36%.
Similarly, the market capitalization increased by N82.9 billion to N28. 8446 trillion from N28.7617 trillion recorded at the close of the previous trading day, while the market turnover decreased to N7.67 billion from N9.18 billion recorded at the close of the previous trading day.
The market breadth was positive at 3.73x as 41 stocks advanced and 11 stocks declined, while 63 stocks remained unchanged. NASCON topped the gainers’ list with +10.00% while SOVRENINS declined by -7.69% to lead the losers’ chart.
UBA recorded the highest volume for the day while MTNN recorded the highest value for the day.
Read: NGX Price List for Friday, 26th May 2023
MARKET STATISTICS
| CAP | N28,844,603,817,613.98 | One Day (ASI CHG) | +0.29% |
| Index | 52,973.88 | One Week (ASI CHG) | +1.37% |
| Volume | 461,783,662.00 | One Month (ASI CHG) | +1.09% |
| Value | N7,667,053,091.32 | Six Months (ASI CHG) | +14.58% |
| Deal | 6,520.00 | 52 Weeks (ASI CHG) | -0.33% |
| Gainers | 41 | Losers | 11 |
| Unchanged | 63 | Total | 115 |
| YTD Returns | +3.36% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.29 |
| NGX30 | 0.30 |
| NGXBNK | 2.14 |
| NGXCNSMRGDS | 0.41 |
| NGXINDUSTR | -0.88 |
| NGXINS | 2.40 |
| NGXLOTUSISLM | -0.04 |
| NGXOILGAS | 1.05 |
Top 7 Gainers
| Security | Open Price(N) | Close Price(N) | Change Price | % Change |
| NASCON | 14.00 | 15.40 | 1.40 | 10.00 |
| NEM | 4.32 | 4.75 | 0.43 | 9.95 |
| CONOIL | 44.20 | 47.95 | 4.35 | 9.84 |
| FTNCOCOA | 0.62 | 0.68 | 0.06 | 9.68 |
| NCR | 2.79 | 3.06 | 0.27 | 9.68 |
| IMG | 7.30 | 8.00 | 0.70 | 9.59 |
| TRIPPLEG | 3.56 | 3.90 | 0.34 | 9.55 |
Top 7 Losers
| Security | Open Price (N) | Close Price (N) | Change Price | % Change |
| SOVRENINS | 0.39 | 0.36 | -0.03 | -7.69 |
| MBENEFIT | 0.36 | 0.34 | -0.02 | -5.56 |
| NGXGROUP | 28.50 | 27.35 | -1.15 | -4.04 |
| ROYALEX | 0.50 | 0.48 | -0.02 | -4.00 |
| TANTALIZER | 0.26 | 0.25 | -0.01 | -3.85 |
| CHIPLC | 0.63 | 0.61 | -0.02 | -3.17 |
| BERGER | 8.95 | 8.70 | -0.25 | -2.79 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| UBA | 9.30 | 591.00 | 59,406,008 |
| ACCESSCORP | 11.40 | 602.00 | 51,491,667 |
| ZENITHBANK | 27.00 | 535.00 | 50,013,174 |
| GTCO | 27.50 | 378.00 | 41,039,804 |
| TRANSCORP | 3.07 | 214.00 | 29,647,707 |
| CHIPLC | 0.61 | 90.00 | 28,268,670 |
| FIDELITYBK | 5.79 | 200.00 | 22,726,840 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| MTNN | 232.50 | 327.00 | 1,551,563,924.30 |
| ZENITHBANK | 27.00 | 535.00 | 1,340,521,218.35 |
| GTCO | 27.50 | 378.00 | 1,116,297,067.85 |
| ACCESSCORP | 11.40 | 602.00 | 581,168,965.45 |
| UBA | 9.30 | 591.00 | 529,101,128.25 |
| NB | 38.50 | 84.00 | 354,976,434.15 |
| WAPCO | 25.30 | 124.00 | 260,421,638.50 |
OUTLOOK
Nigerian Exchange (NGX) experienced a positive rebound as trading closes for the week. We foresee alternate sentiments in trading in the coming week as investors re-invest dividends and adjustment to the recent hike in the interest rate of 18.5%
