Trading activities in the Nigeria Equities Market closed negative today Wednesday (03/05/2023) as the NGX-ASI decreased by 0.17% to close at 52,207.77 compared to 52,296.48 recorded at the close of the previous trading day; indicating a YTD return of +1.87%.
Similarly, the market capitalization decreased by N48.30 billion to N28.4273 trillion from N28.4756 trillion recorded at the previous trading day’s close, while the market turnover decreased to N5.03billion from N5.15 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.22x as 22 stocks advanced and 18 stocks declined, while 68 stocks remained unchanged. ARDOVA top the gainers’ list with +9.25% while TRANSCORP declined by -9.49 % to lead the losers’ chart.
TRANSCORP recorded the highest volume while ACCESSCORP recorded the highest value for the day.
Read: NGX Price List for Wednesday, 03nd May 2023
MARKET STATISTICS
| CAP | N28,427,319,452,784.69 | One Day (ASI CHG) | -0.17% |
| Index | 52,207.77 | One Week (ASI CHG) | +4.21% |
| Volume | 670,082,230.00 | One Month (ASI CHG) | +2.09% |
| Value | N5,028,466,161.49 | Six Months (ASI CHG) | +18.74% |
| Deals | 6,254.00 | 52 Weeks (ASI CHG) | -1.39% |
| Gainers | 22 | Losers | 18 |
| Unchanged | 68 | Total | 108 |
| YTD Returns | +1.87% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % change |
| ASI | -0.17 |
| NGX30 | -0.32 |
| NGXBNK | 0.17 |
| NGXCNSMRGDS | -0.49 |
| NGXINDUSTR | 0.07 |
| NGXINS | 0.51 |
| NGXLOTUSISLM | -0.02 |
| NGXOILGAS | 0.78 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | % change |
| ARDOVA | 16.75 | 18.3 | 1.55 | 9.25 |
| ACADEMY | 1.46 | 1.59 | 0.13 | 8.90 |
| CUTIX | 2.25 | 2.45 | 0.20 | 8.89 |
| RTBRISCOE | 0.24 | 0.26 | 0.02 | 8.33 |
| LINKASSURE | 0.49 | 0.53 | 0.04 | 8.16 |
| CWG | 1.04 | 1.1 | 0.06 | 5.77 |
| PZ | 12.1 | 12.7 | 0.60 | 4.96 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | % change |
| TRANSCORP | 2.53 | 2.29 | -0.24 | -9.49 |
| INTENEGINS | 1.24 | 1.13 | -0.11 | -8.87 |
| UBN | 7.70 | 7.1 | -0.60 | -7.79 |
| FCMB | 4.26 | 3.95 | -0.31 | -7.28 |
| NB | 35.00 | 32.85 | -2.15 | -6.14 |
| STERLINGNG | 1.70 | 1.62 | -0.08 | -4.71 |
| NGXGROUP | 26.50 | 25.4 | -1.10 | -4.15 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| TRANSCORP | 2.29 | 483 | 276,526,962 |
| ACCESSCORP | 10.50 | 1052 | 174,397,156 |
| FIDELITYBK | 5.70 | 175 | 31,411,229 |
| CHAMS | 0.31 | 30 | 17,954,319 |
| GTCO | 23.05 | 485 | 15,880,170 |
| ZENITHBANK | 24.00 | 452 | 15,267,928 |
| STERLINGNG | 1.62 | 119 | 14,161,615 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ACCESSCORP | 10.50 | 1052 | 1,805,483,514.60 |
| TRANSCORP | 2.29 | 483 | 631,305,187.28 |
| GTCO | 23.05 | 485 | 365,207,216.60 |
| ZENITHBANK | 24.00 | 452 | 364,167,817.15 |
| FIDELITYBK | 5.70 | 175 | 175,218,356.37 |
| DANGSUGAR | 19.25 | 118 | 168,459,549.25 |
| NB | 32.85 | 166 | 167,449,638.50 |
OUTLOOK
The bear reign shows dominance over the bull in today’s trading. However, we foresee a positive trend to rebound as companies continue to roll-out payment of dividends.
