Trading activities in the Nigerian Stock Market closed positive today Wednesday (05/07/2023) as the NGX-ASI increased by 1.33% to close at 61,523.57 compared to 60,715.04 recorded at the close of the previous trading day; indicating a YTD return of +20.04%.
Similarly, the market capitalization increased by N440 billion to N33.5002 trillion from N33.0598 trillion recorded at the close of the previous trading day, while the market turnover decreased to N10.30 billion from N12.21 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.36x as 41 stocks advanced and 30 stocks declined, while 47 stocks remained unchanged. LEARNAFRCA topped the gainers’ list with +9.97%, while LASACO declined by -10.00% after mark down to lead the losers’ chart.
FBNH recorded the highest volume and highest value for the day.
Read: NGX Price List for Wednesday, 5th July 2023
MARKET STATISTICS
| CAP | N33,500,192,640,627.14 | One Day (ASI CHG) | 1.33% |
| Index | 61,523.57 | One Week (ASI CHG) | +2.35% |
| Volume | 846,323,158 | One Month (ASI CHG) | +9.82% |
| Value | N10,305,982,239.92 | Six Months (ASI CHG) | +20.95% |
| Deals | 9,815 | 52 Weeks (ASI CHG) | +19.26% |
| Gainers | 41 | Losers | 30 |
| Unchanged | 47 | Total | 118 |
| YTD Returns | +20.04% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | 1.33 |
| NGX30 | 1.62 |
| NGXBNK | 1.89 |
| NGXCNSMRGDS | 0.07 |
| NGXINDUSTR | 3.86 |
| NGXINS | -4.68 |
| NGXLOTUSISLM | 0.8 |
| NGXOILGAS | 0.18 |
Source: Ngxgroup.com, GTI Research
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| LEARNAFRCA | 2.91 | 3.20 | 0.29 | 9.97 |
| GOLDBREW | 2.01 | 2.21 | 0.20 | 9.95 |
| JOHNHOLT | 1.04 | 1.14 | 0.10 | 9.62 |
| JAPAULGOLD | 0.84 | 0.92 | 0.08 | 9.52 |
| OMATEK | 0.42 | 0.46 | 0.04 | 9.52 |
| BUACEMENT | 83.15 | 91.00 | 7.85 | 9.44 |
| CHIPLC | 0.99 | 1.08 | 0.09 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| LASACO | 2.30 | 2.07 | -0.23 | -10.00 |
| MBENEFIT | 0.60 | 0.54 | -0.06 | -10.00 |
| NEM | 6.20 | 5.58 | -0.62 | -10.00 |
| NSLTECH | 0.30 | 0.27 | -0.03 | -10.00 |
| WAPIC | 0.81 | 0.73 | -0.08 | -9.88 |
| CWG | 1.95 | 1.76 | -0.19 | -9.74 |
| LINKASSURE | 0.73 | 0.66 | -0.07 | -9.59 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 18.50 | 337 | 89,237,326 |
| TRANSCORP | 3.63 | 415 | 89,232,611 |
| ACCESSCORP | 17.90 | 572 | 85,911,326 |
| FCMB | 5.65 | 358 | 85,031,017 |
| UBA | 13.10 | 538 | 57,512,147 |
| STERLINGNG | 3.89 | 338 | 56,601,567 |
| FTNCOCOA | 2.84 | 237 | 34,650,757 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| FBNH | 18.50 | 337 | 1,649,002,774.35 |
| ACCESSCORP | 17.90 | 572 | 1,536,067,454.80 |
| STANBIC | 57.00 | 94 | 1,109,207,101.00 |
| GTCO | 36.00 | 453 | 869,629,110.20 |
| UBA | 13.10 | 538 | 749,766,120.95 |
| FCMB | 5.65 | 358 | 477,154,652.83 |
| ZENITHBANK | 34.10 | 418 | 402,697,272.60 |
OUTLOOK
Trading session in the Nigerian Equities Market experienced a rebound of 1.33% in ASI today. Investors’ sentiment is expected to further drive the direction of the market as trading continues for the week.
