Trading activities in the Nigeria Equities Market closed positive today Friday (28/04/2023) as the NGX-ASI increased by 0.32% to close at 52,403.51 compared to 52,235.88 recorded at the close of the previous trading day; indicating a YTD return of +2.25%.
Similarly, the market capitalization increased by N91.28 billion to N28.533 trillion from N28.443 trillion recorded at the previous trading day’s close, while the market turnover decreased to N13.07 billion from N17.62 billion.
The market breadth was positive at 0.89 x as 24 stocks advanced and 27 stocks declined, while 52 stocks remained unchanged. SOVRENINS topped the gainers’ list with +10.00%, while CUTIX declined by -10.00 % to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Friday, 28th April 2023
MARKET STATISTICS
| CAP | N28,533,901,225,798.89 | One Day (ASI CHG) | +0.32% |
| Index | 52,403.51 | One Week (ASI CHG) | +2.04% |
| Volume | 3,128,760,611.00 | One Month (ASI CHG) | -3.69% |
| Value | N13,068,086,931.97 | Six Months (ASI CHG) | +17.00% |
| Deals | 5,573.00 | 52 Weeks (ASI CHG) | +7.89% |
| Gainers | 24 | Losers | 27 |
| Unchanged | 52 | Total | 103 |
| YTD Returns | +2.25% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.32 |
| NGX30 | 0.12 |
| NGXBNK | 0.94 |
| NGXCNSMRGDS | 2.9 |
| NGXINDUSTR | 0.01 |
| NGXINS | 0.59 |
| NGXLOTUSISLM | 1.04 |
| NGXOILGAS | -0.17 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | % Change |
| SOVRENINS | 0.30 | 0.33 | 0.03 | 10.00 |
| BERGER | 7.10 | 7.80 | 0.70 | 9.86 |
| CADBURY | 12.30 | 13.50 | 1.20 | 9.76 |
| CWG | 0.96 | 1.05 | 0.09 | 9.38 |
| FIDELITYBK | 5.20 | 5.67 | 0.47 | 9.04 |
| LINKASSURE | 0.45 | 0.49 | 0.04 | 8.89 |
| AFRIPRUD | 5.40 | 5.85 | 0.45 | 8.33 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | % Change |
| CUTIX | 2.50 | 2.25 | -0.25 | -10.00 |
| TRANSCORP | 3.12 | 2.81 | -0.31 | -9.94 |
| CHAMPION | 4.84 | 4.37 | -0.47 | -9.71 |
| ROYALEX | 0.62 | 0.56 | -0.06 | -9.68 |
| LIVESTOCK | 1.15 | 1.04 | -0.11 | -9.57 |
| IKEJAHOTEL | 1.61 | 1.46 | -0.15 | -9.32 |
| JAPAULGOLD | 0.36 | 0.33 | -0.03 | -8.33 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 10.15 | 779 | 82,775,799 |
| TRANSCORP | 2.81 | 326 | 75,945,692 |
| FIDELITYBK | 5.67 | 197 | 54,691,474 |
| UBA | 7.75 | 282 | 43,809,234 |
| CHAMS | 0.28 | 45 | 32,055,896 |
| GTCO | 24.85 | 399 | 28,730,444 |
| HONYFLOUR | 3.13 | 166 | 18,628,349 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| ACCESSCORP | 10.15 | 779 | 817,198,173.40 |
| GTCO | 24.85 | 399 | 717,192,785.45 |
| MTNN | 228.7 | 308 | 548,629,474.40 |
| DANGCEM | 270 | 85 | 351,075,565.30 |
| ZENITHBANK | 22.8 | 249 | 348,129,947.10 |
| UBA | 7.75 | 282 | 344,314,029.90 |
| FIDELITYBK | 5.67 | 197 | 291,445,599.32 |
OUTLOOK
The Nigeria Equity market maintains a bullish trend to close for the week. We foresee the trend to continue as investors continued bargain-hunting ahead of the closure of registers for the determination of qualifying dates for dividend payments.
