Trading activities in the Nigeria Equities Market closed negative today Tuesday (02/05/2023) as the NGX-ASI decreased by 0.02% to close at 52,296.48 compared to 52,403.51 recorded at the close of the previous trading day; indicating a YTD return of +2.04%.
Similarly, the market capitalization decreased by N58.30 billion to N28.4756 trillion from N28.5339 trillion recorded at the previous trading day’s close, while the market turnover decreased to N5.15 billion from N13.07 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.30 x as 30 stocks advanced and 23 stocks declined, while 53 stocks remained unchanged. CONOIL and UBN topped the gainers’ list with +10.00% respectively, while GEREGU declined by -10.00 % to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 02nd May 2023
MARKET STATISTICS
| CAP | N28,475,619,219,400.49 | One Day (ASI CHG) | -0.20% |
| Index | 52,403.51 | One Week (ASI CHG) | +1.34% |
| Volume | 550,293,697.00 | One Month (ASI CHG) | +2.29% |
| Value | N5,150,491,702.25 | Six Months (ASI CHG) | +18.94% |
| Deals | 6,250.00 | 52 Weeks (ASI CHG) | -1.51% |
| Gainers | 30 | Losers | 23 |
| Unchanged | 53 | Total | 106 |
| YTD Returns | +2.04% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.2 |
| NGX30 | -0.25 |
| NGXBNK | 2.84 |
| NGXCNSMRGDS | 0.31 |
| NGXINDUSTR | -0.08 |
| NGXINS | 1.25 |
| NGXLOTUSISLM | -0.12 |
| NGXOILGAS | 1.05 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | % Change |
| CONOIL | 40.00 | 44.00 | 4.00 | 10.00 |
| UBN | 7.00 | 7.70 | 0.70 | 10.00 |
| MULTIVERSE | 2.78 | 3.05 | 0.27 | 9.71 |
| NAHCO | 11.95 | 13.10 | 1.15 | 9.62 |
| NB | 32.00 | 35.00 | 3.00 | 9.38 |
| WEMABANK | 3.80 | 4.10 | 0.30 | 7.89 |
| NASCON | 13.30 | 14.30 | 1.00 | 7.52 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | % Change |
| GEREGU | 323.00 | 290.70 | -32.30 | -10.00 |
| TRANSCORP | 2.81 | 2.53 | -0.28 | -9.96 |
| AFRIPRUD | 5.85 | 5.30 | -0.55 | -9.40 |
| INTBREW | 4.70 | 4.30 | -0.40 | -8.51 |
| IKEJAHOTEL | 1.46 | 1.36 | -0.10 | -6.85 |
| PZ | 12.95 | 12.10 | -0.85 | -6.56 |
| MBENEFIT | 0.32 | 0.30 | -0.02 | -6.25 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 10.40 | 1,332 | 150,071,447 |
| MANSARD | 2.44 | 155 | 41,863,387 |
| WAPIC | 0.44 | 75 | 29,064,080 |
| FIDELITYBK | 5.60 | 131 | 20,084,797 |
| UBA | 7.90 | 246 | 18,239,267 |
| GTCO | 22.75 | 379 | 15,264,666 |
| STERLINGNG | 1.70 | 58 | 13,070,487 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| ACCESSCORP | 10.40 | 1,332 | 1,569,919,836.35 |
| MTNN | 230.00 | 334 | 881,378,253.30 |
| GTCO | 22.75 | 379 | 341,004,501.10 |
| ZENITHBANK | 23.50 | 308 | 279,686,262.15 |
| DANGCEM | 270.00 | 97 | 275,105,250.80 |
| UBA | 7.90 | 246 | 142,929,792.10 |
| DANGSUGAR | 19.30 | 104 | 120,271,029.50 |
OUTLOOK
Bearish reign knocks off Bullish trend sustained from last week to begin trading with a loss. However, we foresee a positive trend to resume as investors continue bargain-hunting ahead of the closure of registers for dividend payments.
