Trading activities in the Nigeria Equities Market closed positive today Wednesday (14/06/2023) as the NGX-ASI increased by 3.13% to close at 59,985.10 compared to 58,163.59 recorded at the close of the previous trading day; indicating a YTD return of +13.49%.
Similarly, the market capitalization increased by N991.81 billion to N32.6621 trillion from N31.6704trillion recorded at the close of the previous trading day, while the market turnover increased to N21.08 billion from N19.23 billion recorded at the close of the previous trading day.
The market breadth was positive at 5.38x as 70 stocks advanced and 13 stocks declined, while 37 stocks remained unchanged. DANGSUGAR, FBNH, INTBREW, MTNN, SEPLAT, STERLINGNG, AND TRANSCOHOT topped the gainers’ list with +10.00%, while PHARMDEKO declined by -9.65% to lead the losers’ chart.
UBA recorded the highest volume for the day while GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 14th June 2023
MARKET STATISTICS
| CAP | N32,662,183,424,565.96 | One Day (ASI CHG) | +3.13% |
| Index | 59,985.10 | One Week (ASI CHG) | +7.07% |
| Volume | 1,296,655,522 | One Month (ASI CHG) | +14.08% |
| Value | N21,080,063,470.98 | Six Months (ASI CHG) | +22.45% |
| Deals | 11,947 | 52 Weeks (ASI CHG) | +13.66% |
| Gainers | 70 | Losers | 13 |
| Unchanged | 37 | Total | 120 |
| YTD Returns | +17.04% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 3.13 |
| NGX30 | 9.81 |
| NGXBNK | 26.52 |
| NGXCNSMRGDS | 4.09 |
| NGXINDUSTR | -1.13 |
| NGXINS | 22.98 |
| NGXLOTUSISLM | 3.04 |
| NGXOILGAS | 16.01 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SEPLAT | 1200 | 1320 | 120 | 10.00 |
| MTNN | 259 | 284.9 | 25.9 | 10.00 |
| DANGSUGAR | 23 | 25.3 | 2.3 | 10.00 |
| FBNH | 14.5 | 15.95 | 1.45 | 10.00 |
| TRANSCOHOT | 11 | 12.1 | 1.1 | 10.00 |
| INTBREW | 5 | 5.5 | 0.5 | 10.00 |
| STERLINGNG | 2.5 | 2.75 | 0.25 | 10.00 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| PHARMDEKO | 2.28 | 2.06 | -0.22 | -9.65 |
| CWG | 1.80 | 1.63 | -0.17 | -9.44 |
| NNFM | 13.85 | 12.65 | -1.20 | -8.66 |
| BUACEMENT | 92.00 | 86.00 | -6.00 | -6.52 |
| ARDOVA | 17.80 | 16.90 | -0.90 | -5.06 |
| JBERGER | 31.40 | 30.00 | -1.40 | -4.46 |
| UPDC | 1.15 | 1.12 | -0.03 | -2.61 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| UBA | 11.95 | 638 | 230,764,290 |
| GTCO | 33.7 | 930 | 125,469,900 |
| ZENITHBANK | 33.8 | 859 | 119,143,503 |
| ACCESSCORP | 15.7 | 578 | 92,792,373 |
| FIDELITYBK | 6.69 | 427 | 75,620,664 |
| TRANSCORP | 3.53 | 395 | 59,460,920 |
| INTBREW | 5.5 | 190 | 45,444,626 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GTCO | 33.7 | 930 | 4,204,591,278.10 |
| ZENITHBANK | 33.8 | 859 | 3,971,590,320.15 |
| UBA | 11.95 | 638 | 2,744,215,796.00 |
| ACCESSCORP | 15.7 | 578 | 1,449,786,155.10 |
| MTNN | 284.9 | 492 | 934,410,547.80 |
| SEPLAT | 1320 | 25 | 651,203,065.20 |
| DANGCEM | 284 | 184 | 635,809,468.90 |
OUTLOOK
It appears that the market positive sentiment was boosted by the suspension of the CBN Governor hopefully, this would pave the way for a more positive market sentiments in the future.
