Trading activities in the Nigeria Equities Market closed negative today Wednesday (06/07/2023) as the NGX-ASI decreased by 0.02% to close at 56,024.52 compared to 56,038.85 recorded at the close of the previous trading day; indicating a YTD return of +9.31%.
Similarly, the market capitalization decreased by N7.8 billion to N30.5056 trillion from N30.5135 trillion recorded at the close of the previous trading day, while the market turnover increased to N6.53billion from N5.82 billion recorded at the close of the previous trading day.
The market breadth was positive at 2.58x as 31 stocks advanced and 12 stocks declined, while 61 stocks remained unchanged. HONYFLOUR and ETERNA both topped the gainers’ list with +9.87%, while UBN declined by -8.86% to lead the losers’ chart.
NPFMCRFBK recorded the highest volume for the day, while AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Wednesday, 7th June 2023
MARKET STATISTICS
| CAP | N30,505,676,478,208.31 | One Day (ASI CHG) | -0.02% |
| Index | 56,024.52 | One Week (ASI CHG) | +0.45% |
| Volume | 397,624,810 | One Month (ASI CHG) | +7.30% |
| Value | N6,537,185,970.93 | Six Months (ASI CHG) | +15.68% |
| Deals | 5,613 | 52 Weeks (ASI CHG) | +5.32% |
| Gainers | 31 | Losers | 12 |
| Unchanged | 74 | Total | 117 |
| YTD Returns | +9.31% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.02 |
| NGX30 | 0.01 |
| NGXBNK | -0.25 |
| NGXCNSMRGDS | -0.01 |
| NGXINDUSTR | -0.02 |
| NGXINS | 3.61 |
| NGXLOTUSISLM | 0.03 |
| NGXOILGAS | 0.42 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| HONYFLOUR | 3.14 | 3.45 | 0.31 | 9.87 |
| ETERNA | 11.15 | 12.25 | 1.1 | 9.87 |
| FTNCOCOA | 0.71 | 0.78 | 0.07 | 9.86 |
| CORNERST | 0.92 | 1.01 | 0.09 | 9.78 |
| WAPIC | 0.42 | 0.46 | 0.04 | 9.52 |
| ACADEMY | 1.75 | 1.89 | 0.14 | 8.00 |
| NSLTECH | 0.28 | 0.3 | 0.02 | 7.14 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| UBN | 7.90 | 7.2 | -0.70 | -8.86 |
| FLOURMILL | 34.55 | 33.1 | -1.45 | -4.20 |
| NGXGROUP | 28.90 | 28 | -0.90 | -3.11 |
| PRESTIGE | 0.41 | 0.4 | -0.01 | -2.44 |
| COURTVILLE | 0.48 | 0.47 | -0.01 | -2.08 |
| STERLINGNG | 2.15 | 2.11 | -0.04 | -1.86 |
| FBNH | 13.60 | 13.5 | -0.10 | -0.74 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| NPFMCRFBK | 1.80 | 36 | 100,762,431 |
| GTCO | 27.80 | 315 | 43,031,489 |
| JAPAULGOLD | 0.40 | 182 | 27,838,449 |
| FIDELITYBK | 5.76 | 132 | 24,297,082 |
| ACCESSCORP | 12.75 | 347 | 23,020,684 |
| HONYFLOUR | 3.45 | 114 | 15,295,823 |
| UBA | 9.55 | 265 | 12,763,035 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| AIRTELAFRI | 1196.00 | 150 | 2,710,523,404.80 |
| GTCO | 27.80 | 315 | 1,197,154,166.15 |
| ACCESSCORP | 12.75 | 347 | 293,044,346.75 |
| ZENITHBANK | 27.95 | 217 | 227,432,664.45 |
| MTNN | 249.90 | 220 | 214,913,107.70 |
| NPFMCRFBK | 1.80 | 36 | 181,373,117.28 |
| FBNH | 13.50 | 228 | 166,780,422.00 |
OUTLOOK
The Nigerian Exchange (NGX) closed negative today. We expect to see a continuously mixed sentiment for the rest of the week.
