Trading activities in the Nigeria Equities Market closed negative today Tuesday (11/04/2023) as the NGX-ASI decreased by 1.96% to close at 51,952.99 compared to 52,994.13 recorded at the close of the previous trading day; indicating a YTD return of +1.37%.
Similarly, the market capitalization decreased by N569.12 billion to N28.30 trillion from N28.87 trillion recorded at the previous trading day’s close, while the market turnover increased to N4.79 billion from N1.93 billion.
The market breadth was negative at 0.14x as 4 stocks advanced and 28 stocks declined, while 74 stocks remained unchanged. CAVERTON topped the gainers’ list with +8.25%, while AIRTELAFRI declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 11th April 2023
MARKET STATISTICS
| CAP | N28,300,037,051,686.81 | One Day (ASI CHG) | -1.96% |
| Index | 51,952.99 | One Week (ASI CHG) | -4.12% |
| Volume | 1,723,440,493.00 | One Month (ASI CHG) | -6.87% |
| Value | N4,789,822,504.85 | Six Months (ASI CHG) | +9.72% |
| Deals | 4,286.00 | 52 Weeks (ASI CHG) | +11.41% |
| Gainers | 4 | Losers | 28 |
| Unchanged | 74 | Total | 106 |
| YTD Returns | +1.37% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -1.96 |
| NGX30 | -1.79 |
| NGXBNK | -0.34 |
| NGXCG | -0.39 |
| NGXCNSMRGDS | -0.16 |
| NGXINDUSTR | -0.57 |
| NGXINS | -1.83 |
| NGXLOTUSISLM | -2.26 |
| NGXOILGAS | 0.00 |
Top Gainers
| Security | Previous Close | Close Price | Change Price | % change |
| CAVERTON | 0.97 | 1.05 | 0.08 | 8.25 |
| NAHCO | 9.80 | 10.10 | 0.30 | 3.06 |
| TRANSCORP | 1.37 | 1.40 | 0.03 | 2.19 |
| STERLINGNG | 1.48 | 1.50 | 0.02 | 1.35 |
Top Losers
| Security | Previous Close | Close Price | Change Price | % change |
| AIRTELAFRI | 1331.10 | 1198.00 | -133.1 | -10.00 |
| CHIPLC | 0.66 | 0.60 | -0.06 | -9.09 |
| ROYALEX | 0.66 | 0.60 | -0.06 | -9.09 |
| MULTIVERSE | 2.63 | 2.40 | -0.23 | -8.75 |
Top Traded Stocks By Volume
| Security | Close Price | Daily Volume |
| TRANSCORP | 1.40 | 1,553,851,363 |
| ZENITHBANK | 25.50 | 44,457,462 |
| UBA | 8.55 | 20,984,158 |
| FIDELITYBK | 5.30 | 8,394,761 |
Top Traded Stocks By Value
| Security | Close Price | Daily Value |
| TRANSCORP | 1.40 | 2,101,579,076.41 |
| ZENITHBANK | 25.50 | 1,133,622,327.00 |
| AIRTELAFRI | 1198.00 | 348,845,620.00 |
| UBA | 8.55 | 179,517,554.20 |
OUTLOOK
A significant loss in a premium stock coupled with losses across the other major sectors propelled stock market negative. The loss threshold is expected to be close, hence looming paradigm shift is expected in the nearest future.
