Stock Market Sheds N5bn as Trading closed Bearish.

Trading activities in the Nigeria Equities Market closed negative today Thursday (13/04/2023) as the NGX-ASI dips by 0.02% to close at 51,944.58 compared to 51,953.41 recorded at the close of the previous trading day; indicating a YTD return of +1.35%.

Similarly, the market capitalization decreased by N4.81 billion to N28,295.46 billion from N28,300.26 billion recorded at the previous trading day’s close, while the market turnover increased to N2.02 billion from N1.79 billion.

The market breadth was negative at 0.85x as 18 stocks advanced and 21 stocks declined, while 68stocks remained unchanged. TRANSCORP topped the gainers’ list with +10.00%, while MAYBAKER declined by -10.00% to lead the losers’ chart.

TRANSCORP recorded the highest volume and ZENITHBANK recorded the highest value for the day.

Read: NGX Price List for Thursday, 13th April 2023

MARKET STATISTICS

CAPN28,295,456,389,539.51One Day (ASI CHG)-0.02%
Index51,944.58One Week (ASI CHG)-1.98%
Volume302,919,513.00One Month (ASI CHG)-5.41%
ValueN2,023,460,922.17Six Months (ASI CHG)+9.21%
Deals3,743.0052 Weeks (ASI CHG)+9.66%
Gainers18 Losers 21
Unchanged68Total 107
YTD Returns+1.35%

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityPercent Change
ASI-0.02
NGX300.11
NGXBNK-1.08
NGXCNSMRGDS0.05
NGXINDUSTR0.16
NGXINS-0.29
NGXLOTUSISLM0.26
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close (N)Close Price(N)Change Price% CHANGE
TRANSCORP1.401.540.1410.00
WAPIC0.390.420.037.69
CHAMPION4.584.930.357.64
MBENEFIT0.320.340.026.25
PRESTIGE0.380.400.025.26
RTBRISCOE0.230.240.014.35
CHAMS0.240.250.014.17

Top 7 Losers

SecurityPrevious Close (N)Close Price(N)Change Price% CHANGE
MAYBAKER4.504.05-0.45-10.00
IKEJAHOTEL1.191.08-0.11-9.24
MULTIVERSE2.502.31-0.19-7.60
ACADEMY1.351.26-0.09-6.67
NPFMCRFBK1.901.78-0.12-6.32
STERLINGNG1.561.47-0.09-5.77
FIDELITYBK5.305.01-0.29-5.47

Top 7 Traded Stocks By Volume

SecurityClose Price (N)Number of Trades Daily Volume 
TRANSCORP1.54186           107,213,425
FIDELITYBK5.01153              39,308,411
UBA8.45247              22,602,935
ZENITHBANK25.05447              20,614,314
FCMB3.8062              12,611,390
CHAMS0.2531              11,841,337
JAPAULGOLD0.2718                9,868,505

Top 7 Traded Stocks By Value

SecurityClose Price (N)Number of Trades Daily Value 
ZENITHBANK25.05447   521,285,695.05
FIDELITYBK5.01153   206,007,613.58
UBA8.45247   190,355,888.05
TRANSCORP1.54186   162,832,173.16
AIRTELAFRI1198.0084   152,114,559.00
WAPCO23.8097   122,468,491.20
NB36.3585   108,087,821.55

OUTLOOK

We anticipate mixed trading sentiments to continue as investors continue to trade cautiously as any changes in the fundamental of the market could shift these sentiments.

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