Stock Trading Dips As Investors Lose N13.5 billion

Trading activities in the Nigeria Equities Market closed negative today Thursday (06/04/2023) as the NGX-ASI decreased by 0.05% to close at 52,994.13 compared to 53,018.97 recorded at the close of the previous trading day; indicating a YTD return of +3.40%.

Similarly, the market capitalization decreased by N13.53 billion to N28.87 trillion from N28.88 trillion recorded at the previous trading day’s close, while the market turnover decreased to N1.93 billion from N2.67 billion.

The market breadth was negative at 0.47x as 9 stocks advanced and 19 stocks declined, while 85 stocks remained unchanged. AIICO topped the gainers’ list with +5.26%, while UPL declined by -10.00% to lead the losers’ chart.

TRANSCORP recorded the highest volume, while ZENITHBANK recorded the highest value for the day.

Read: NGX Price List for Thursday, 6th April 2023

MARKET STATISTICS

CAPN28,869,156,084,357.29One Day (ASI CHG)-0.05%
Index52,994.13One Week (ASI CHG)-2.61%
Volume266,953,200.00One Month (ASI CHG)-5.07%
ValueN1,928,997,522.90Six Months (ASI CHG)+8.42%
Deals3,651.0052 Weeks (ASI CHG)+13.32%
Gainers9 Losers 19
Unchanged85Total 113
YTD Returns+3.40%

Source: Ngxgroup.com, GTI Research

Sector Performance

 ASI -0.05
 NGX30 -0.05
 NGXBNK 0.08
 NGXCG -0.03
 NGXCNSMRGDS -0.17
 NGXINDUSTR -0.04
 NGXINS 0.10
 NGXLOTUSISLM -0.07
 NGXOILGAS -0.17

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price% change
AIICO0.570.600.035.26
ACADEMY1.291.350.064.65
CHAMS0.230.240.014.35
UBA8.358.550.202.40
CHAMPION5.005.100.102.00
UCAP11.5511.700.151.30
FBNH11.0011.100.100.91

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price% change
UPL2.001.80-0.20-10.00
STERLINGNG1.601.48-0.12-7.50
WAPIC0.430.40-0.03-6.98
ETERNA5.855.50-0.35-5.98
FTNCOCOA0.280.27-0.01-3.57
REGALINS0.300.29-0.01-3.33
CUTIX2.302.23-0.07-3.04

Top 7 Traded Stocks By Volume

SecurityClose PriceNumber of Trades    Daily Volume   Daily Value
 TRANSCORP                 1.37                134          147,152,186      205,686,200.47
 ZENITHBANK               25.50                359            19,107,453      487,110,398.05
 UBA                 8.55                209            18,019,070      152,385,204.35
 ACCESSCORP                 8.95                174            12,117,018      108,866,110.75
 MANSARD                 2.20                123              7,354,044        16,264,552.72
 ROYALEX                 0.66                  32              5,930,921           3,826,735.04
 GTCO               24.40                211              5,626,613      137,711,179.85

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of Trades   Daily Volume   Daily Value
ZENITHBANK25.50359            19,107,453      487,110,398.05
AIRTELAFRI1331.10123                  240,292      290,155,606.60
TRANSCORP1.37134          147,152,186      205,686,200.47
UBA8.55209            18,019,070      152,385,204.35
GTCO24.40211              5,626,613      137,711,179.85
ACCESSCORP8.95174            12,117,018      108,866,110.75
BUACEMENT97.8555                  754,389        66,590,867.00

OUTLOOK

Investors continue to decide on profit taking or holding positions to earn dividends as a projected surge is expected in the next trading week.

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