Trading activities in the Nigeria Equities Market closed negative today Thursday (08/06/2023) as the NGX-ASI decreased by 0.12% to close at 55,956.59 compared to 56,024.52 recorded at the close of the previous trading day; indicating a YTD return of +9.18%.
Similarly, the market capitalization decreased by N37.01 billion to N30.4687 trillion from N30.5056 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.68 billion from N6.53 billion recorded at the close of the previous trading day.
The market breadth was positive at 3.07x as 40 stocks advanced and 13 stocks declined, while 61 stocks remained unchanged. ETRANZACT, JAPAULGOLD, NSLTECH, PRESTIGE, SOVRENINS and UNITYBNK topped the gainers’ list with +10.00%, while JOHNHOLT declined by -9.68% to lead the losers’ chart.
UBA recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 8th June 2023
MARKET STATISTICS
| CAP | N30,468,667,558,371.95 | One Day (ASI CHG) | -0.12% |
| Index | 55,956.59 | One Week (ASI CHG) | +0.27% |
| Volume | 531,784,757 | One Month (ASI CHG) | +6.42% |
| Value | N7,682,322,123.44 | Six Months (ASI CHG) | +15.70% |
| Deals | 6,061.00 | 52 Weeks (ASI CHG) | +5.19% |
| Gainers | 40 | Losers | 13 |
| Unchanged | 61 | Total | 114 |
| YTD Returns | +9.18% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.12 |
| NGX30 | -0.19 |
| NGXBNK | 0.99 |
| NGXCNSMRGDS | -0.13 |
| NGXINDUSTR | -0.71 |
| NGXINS | 3.97 |
| NGXLOTUSISLM | -0.10 |
| NGXOILGAS | 1.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| ETRANZACT | 4.40 | 4.84 | 0.44 | 10.00 |
| UNITYBNK | 0.60 | 0.66 | 0.06 | 10.00 |
| JAPAULGOLD | 0.40 | 0.44 | 0.04 | 10.00 |
| PRESTIGE | 0.40 | 0.44 | 0.04 | 10.00 |
| SOVRENINS | 0.40 | 0.44 | 0.04 | 10.00 |
| NSLTECH | 0.30 | 0.33 | 0.03 | 10.00 |
| MRS | 54.20 | 59.60 | 5.40 | 9.96 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| JOHNHOLT | 1.55 | 1.40 | -0.15 | -9.68 |
| CAVERTON | 1.40 | 1.30 | -0.10 | -7.14 |
| WAPIC | 0.46 | 0.43 | -0.03 | -6.52 |
| GLAXOSMITH | 7.55 | 7.15 | -0.40 | -5.30 |
| STANBIC | 46.40 | 45.00 | -1.40 | -3.02 |
| FCMB | 4.60 | 4.50 | -0.10 | -2.17 |
| NB | 41.75 | 41.00 | -0.75 | -1.80 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| UBA | 9.95 | 506 | 177,475,572 |
| NPFMCRFBK | 1.80 | 28 | 51,802,710 |
| ACCESSCORP | 12.85 | 409 | 32,102,844 |
| ZENITHBANK | 28.00 | 306 | 30,823,901 |
| DANGSUGAR | 21.00 | 204 | 19,302,834 |
| JAPAULGOLD | 0.44 | 76 | 16,774,801 |
| GTCO | 27.90 | 236 | 16,266,209 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value( N) |
| UBA | 9.95 | 506 | 1,724,150,276.90 |
| MTNN | 250.00 | 264 | 1,203,868,619.10 |
| ZENITHBANK | 28.00 | 306 | 863,314,818.65 |
| AIRTELAFRI | 1196.00 | 88 | 810,289,417.30 |
| STANBIC | 45.00 | 108 | 483,927,136.45 |
| GTCO | 27.90 | 236 | 454,910,248.60 |
| ACCESSCORP | 12.85 | 409 | 412,986,706.20 |
OUTLOOK
The market recorded a loss at the end of today’s trading. However, we expect a rebound as investors continue to focus on fundamentally sound stocks.
