Trading activities in the Nigeria Equities Market closed positive today Wednesday (24/05/2023) as the NGX-ASI increased by 0.58% to close at 52,927.60 compared to 52,621.19 recorded at the close of the previous trading day; indicating a YTD return of +3.27%.
Similarly, the market capitalization increased by N166.84 billion to N28.8194 trillion from N28.6526 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.83 billion from N5.17 billion recorded at the close of the previous trading day.
The market breadth was positive at 2.40x as 36 stocks advanced and 15 stocks declined, while 63 stocks remained unchanged. NESTLE topped the gainers’ list with a maximum of +9.98% while WAPIC declined by -8.70% to lead the losers’ chart.
ACCESSCORP recorded the highest volume for the day while SEPLAT recorded the highest value for the day.
Read: NGX Price List for Wednesday, 24th May 2023
MARKET STATISTICS
| CAP | N28,819,401,380,111.22 | One Day (ASI CHG) | +0.58% |
| Index | 52,927.60 | One Week (ASI CHG) | +0.66% |
| Volume | 455,179,794 | One Month (ASI CHG) | +1.59% |
| Value | N7,833,754,972.93 | Six Months (ASI CHG) | +14.48% |
| Deal | 6,635 | 52 Weeks (ASI CHG) | 1.88% |
| Gainers | 36 | Losers | 15 |
| Unchanged | 63 | Total | 114 |
| YTD Returns | +3.27% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.58 |
| NGX30 | 0.57 |
| NGXBNK | 1.06 |
| NGXCNSMRGDS | 2.07 |
| NGXINDUSTR | 0.23 |
| NGXINS | -0.10 |
| NGXLOTUSISLM | 1.78 |
| NGXOILGAS | 2.54 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %change |
| NESTLE | 1,043.80 | 1,148.00 | 104.20 | 9.98 |
| TRIPPLEG | 3.24 | 3.56 | 0.32 | 9.88 |
| UACN | 8.20 | 9.00 | 0.80 | 9.76 |
| UPL | 2.05 | 2.25 | 0.20 | 9.76 |
| RTBRISCOE | 0.31 | 0.34 | 0.03 | 9.68 |
| FTNCOCOA | 0.52 | 0.57 | 0.05 | 9.62 |
| CILEASING | 3.20 | 3.50 | 0.30 | 9.38 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %change |
| WAPIC | 0.46 | 0.42 | -0.04 | -8.70 |
| ACADEMY | 1.68 | 1.56 | -0.12 | -7.14 |
| CUTIX | 2.48 | 2.40 | -0.08 | -3.23 |
| ARDOVA | 18.75 | 18.15 | -0.6 | -3.20 |
| MBENEFIT | 0.37 | 0.36 | -0.01 | -2.70 |
| PZ | 18.50 | 18.00 | -0.5 | -2.70 |
| FIDELITYBK | 5.65 | 5.50 | -0.15 | -2.65 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 11.15 | 572 | 69,187,890 |
| UBA | 8.70 | 435 | 66,493,347 |
| ZENITHBANK | 26.75 | 520 | 37,547,796 |
| FIDELITYBK | 5.50 | 219 | 32,500,627 |
| GTCO | 27.30 | 413 | 31,028,966 |
| TRANSCORP | 2.95 | 306 | 27,543,059 |
| MBENEFIT | 0.36 | 48 | 25,589,395 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| SEPLAT | 1,200.00 | 48 | 1,836,060,300.40 |
| ZENITHBANK | 26.75 | 520 | 1,004,774,360.15 |
| GTCO | 27.30 | 413 | 848,306,662.35 |
| ACCESSCORP | 11.15 | 572 | 755,724,938.45 |
| UBA | 8.70 | 435 | 577,777,236.45 |
| MTNN | 231.00 | 268 | 436,479,023.80 |
| WAPCO | 25.65 | 203 | 335,824,218.50 |
OUTLOOK
Stock trading activities progressed positively for today after commencing the week with strong swaying sentiments.