Trading activities in the Nigeria Equities Market closed positive today Friday (12/05/2023) as the NGX-ASI increased by 0.10% to close at 52,214.62 compared to 52,161.24 recorded at the close of the previous trading day; indicating a YTD return of +1.88%.
Similarly, the market capitalization increased by N29.06 billion to N28.431 trillion from N28.402 trillion recorded at the close of the previous trading day, while the market turnover increased to N10.98billion from N5.24 billion recorded at the close of the previous trading day.
The market breadth was positive at 2.21x as 31 stocks advanced and 14 stocks declined, while 70 stocks remained unchanged. MRS topped the gainers list with +9.93% while CILEASING declined by -9.86% to lead the losers chart.
FIDELITYBK recorded the highest volume and value for the day.
Read: NGX Price List for Friday, 12th May 2023
MARKET STATISTICS
| CAP | N28,431,183,402,302.60 | One Day (ASI CHG) | 0.10% |
| Index | 52,214.62 | One Week (ASI CHG) | -0.48% |
| Volume | 1,417,514,887 | One Month (ASI CHG) | +0.62% |
| Value | N10,980,724,152.33 | Six Months (ASI CHG) | +20.09% |
| Deal | 5,527 | 52 Weeks (ASI CHG) | -1.33% |
| Gainers | 31 | Losers | 14 |
| Unchanged | 70 | Total | 115 |
| YTD Returns | +1.88% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Percent |
| ASI | 0.10 |
| NGX30 | 0.28 |
| NGXBNK | 0.22 |
| NGXCNSMRGDS | -0.13 |
| NGXINDUSTR | 0.02 |
| NGXINS | 0.65 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | 1.36 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| MRS | 30.70 | 33.75 | 3.05 | 9.93 |
| ACADEMY | 1.52 | 1.67 | 0.15 | 9.87 |
| IKEJAHOTEL | 1.42 | 1.56 | 0.14 | 9.86 |
| TRANSCORP | 2.36 | 2.59 | 0.23 | 9.75 |
| ARDOVA | 24.20 | 26.40 | 2.20 | 9.09 |
| CWG | 1.91 | 2.07 | 0.16 | 8.38 |
| STERLINGNG | 1.64 | 1.77 | 0.13 | 7.93 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| CILEASING | 3.55 | 3.20 | -0.35 | -9.86 |
| PRESTIGE | 0.41 | 0.37 | -0.04 | -9.76 |
| ROYALEX | 0.58 | 0.54 | -0.04 | -6.90 |
| COURTVILLE | 0.46 | 0.43 | -0.03 | -6.52 |
| LIVESTOCK | 1.09 | 1.02 | -0.07 | -6.42 |
| FTNCOCOA | 0.34 | 0.32 | -0.02 | -5.88 |
| UNILEVER | 13.70 | 13.10 | -0.60 | -4.38 |
Top 7 Traded Stocks By Volume
| Security | Previous Close(N) | Number of Trades | Daily Volume |
| FIDELITYBK | 5.81 | 244 | 942,768,057 |
| ACCESSCORP | 10.20 | 563 | 170,030,971 |
| FBNH | 12.00 | 120 | 81,120,755 |
| ALEX | 6.50 | 4 | 36,049,563 |
| MANSARD | 2.47 | 131 | 24,604,890 |
| TRANSCORP | 2.36 | 90 | 19,870,040 |
| GTCO | 24.00 | 395 | 15,882,334 |
Top 7 Traded Stocks By Value
| Security | Previous Close(N) | Number of Trades | Daily Value(N) |
| FIDELITYBK | 5.81 | 244 | 5,520,075,711.34 |
| ACCESSCORP | 10.20 | 563 | 1,693,211,461.75 |
| FBNH | 12.00 | 120 | 973,359,597.45 |
| GEREGU | 290.70 | 38 | 427,331,136.00 |
| GTCO | 24.00 | 395 | 382,602,972.25 |
| MTNN | 229.00 | 276 | 311,596,723.60 |
| ZENITHBANK | 23.90 | 347 | 248,625,628.45 |
OUTLOOK
The Nigerian bourse rebounded after a two day loss to maintain its bullish strain for the week. We expect this strain to continue in the coming week as investors continue to focus on fundamentally sound stocks, impressive first-quarter (Q1) 2023 results and dividend payments.
