Trading activities in the Nigerian Stock Market closed positive today Friday (07/07/2023) as the NGX-ASI increased by 1.65% to close at 63,040.87 compared to 62,019.88 recorded at the close of the previous trading day; indicating a YTD return of +23.00%.
Similarly, the market capitalization increased by N555.94 billion to N34.3263 trillion from N33.7704 trillion recorded at the close of the previous trading day, while the market turnover increased to N13.85 billion from N95.01 billion recorded at the close of the previous trading day.
The market breadth was positive at 5.0 x as 65 stocks advanced and 13 stocks declined, while 47 stocks remained unchanged. PRESCO topped the gainers’ list with +10.00%, while MULTIVERSE declined by -9.87% to lead the losers’ chart.
FBNH recorded the highest volume and highest value for the day.
Read: NGX Price List for Friday, 7th July 2023
MARKET STATISTICS
| CAP | N34,326,377,635,730.22 | One Day (ASI CHG) | +1.65% |
| Index | 63,040.87 | One Week (ASI CHG) | +3.40% |
| Volume | 1,227,686,077 | One Month (ASI CHG) | +12.52% |
| Value | N13,847,537,264.39 | Six Months (ASI CHG) | +23.07% |
| Deals | 10,393 | 52 Weeks (ASI CHG) | +22.26% |
| Gainers | 65 | Losers | 13 |
| Unchanged | 47 | Total | 125 |
| YTD Returns | +23.00% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Securities | %Change |
| ASI | 1.65 |
| NGX30 | 1.9 |
| NGXBNK | 3.33 |
| NGXCNSMRGDS | 0.32 |
| NGXINDUSTR | 1.81 |
| NGXINS | 3.03 |
| NGXLOTUSISLM | 0.63 |
| NGXOILGAS | 1.06 |
Source: Ngxgroup.com, GTI Research
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Price Change | %Change |
| PRESCO | 200.00 | 220.00 | 20.00 | 10.00 |
| FTNCOCOA | 2.90 | 3.19 | 0.29 | 10.00 |
| OMATEK | 0.50 | 0.55 | 0.05 | 10.00 |
| AFROMEDIA | 0.20 | 0.22 | 0.02 | 10.00 |
| FIDELITYBK | 8.12 | 8.93 | 0.81 | 9.98 |
| REDSTAREX | 3.32 | 3.65 | 0.33 | 9.94 |
| ETRANZACT | 8.56 | 9.41 | 0.85 | 9.93 |
Top 7 Losers
| Securities | Previous Close( N) | Close Price( N) | Price Change | %Change |
| MULTIVERSE | 3.75 | 3.38 | -0.37 | -9.87 |
| RTBRISCOE | 0.73 | 0.66 | -0.07 | -9.59 |
| WAPIC | 0.66 | 0.61 | -0.05 | -8.33 |
| COURTVILLE | 0.73 | 0.67 | -0.06 | -8.22 |
| CHAMPION | 4.75 | 4.60 | -0.15 | -3.16 |
| UACN | 11.85 | 11.50 | -0.35 | -2.95 |
| ARDOVA | 16.85 | 16.50 | -0.35 | -2.08 |
Top 7 Traded Stocks By Volume
| Securities | Close Price( N) | Number of Trades | Volume |
| FBNH | 20.30 | 352 | 131,774,857 |
| WEMABANK | 5.44 | 174 | 121,034,067 |
| FCMB | 6.65 | 211 | 111,370,713 |
| UNIVINSURE | 0.27 | 132 | 101,506,321 |
| UBA | 14.20 | 778 | 98,241,491 |
| TRANSCORP | 4.13 | 467 | 79,646,183 |
| STERLINGNG | 4.17 | 295 | 71,506,683 |
Top 7 Traded Stocks By Value
| Securities | Close Price ( N) | Number of Trades | Value ( N) |
| FBNH | 20.30 | 352 | 2,629,195,926.60 |
| ZENITHBANK | 34.80 | 420 | 1,848,211,011.20 |
| UBA | 14.20 | 778 | 1,384,596,655.40 |
| GTCO | 36.70 | 464 | 910,466,429.90 |
| DANGCEM | 300.10 | 156 | 907,028,821.80 |
| FCMB | 6.65 | 211 | 738,253,198.00 |
| WEMABANK | 5.44 | 174 | 644,889,975.03 |
OUTLOOK
Nigeria’s Stock Market gains N555bn on sustained positive sentiments to end the week. The drivers of the current bull run have seen the turn of events as a sign of stable polity thus economic recovery and stability will continue to propel many positive sentiments.
