Trading activities in the Nigerian Equities Market closed negative today, Monday (31/07/2023) by 1.11% as the NGX-ASI decreased to 64,337.52 compared to 65,056.39 recorded at the close of the previous trading day; indicating a YTD return of +25.53%.
Similarly, the market capitalization decreased for the day by N383 billion to N35.012 trillion from N35.395 trillion recorded at the close of the previous trading day, while the market turnover increased to N6.474 billion from N5.345 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.37x as 18 stocks advanced and 49 stocks declined, while 48 stocks remained unchanged. BETAGLAS topped the gainers’ list with +10.00%, while SOVRENINS declined by -10.00% to lead the losers’ chart.
ABBEYBDS recorded the highest volume and MTNN recorded the highest value for the day.
Read: NGX Price List for Monday, 31st July 2023
MARKET STATISTICS
| CAP | N35,011,464,401,296.24 | One Day (ASI CHG) | -1.11% |
| Index | 64,337.52 | One Week (ASI CHG) | -1.43% |
| Volume | 673,424,564 | One Month (ASI CHG) | +3.86% |
| Value | N6,474,469,913.60 | Six Months (ASI CHG) | +20.85% |
| Deals | 9,788 | 52 Weeks (ASI CHG) | +27.73% |
| Gainers | 18 | Losers | 49 |
| Unchanged | 48 | Total | 115 |
| YTD Returns | +25.53% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.11 |
| NGX30 | -1.10 |
| NGXBNK | -2.55 |
| NGXCNSMRGDS | -1.42 |
| NGXINDUSTR | -0.03 |
| NGXINS | 1.58 |
| NGXLOTUSISLM | -0.92 |
| NGXOILGAS | 0.40 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | Change % |
| BETAGLAS | 35.00 | 38.50 | 3.50 | 10.00 |
| MANSARD | 3.40 | 3.74 | 0.34 | 10.00 |
| LINKASSURE | 0.70 | 0.77 | 0.07 | 10.00 |
| SUNUASSUR | 0.60 | 0.66 | 0.06 | 10.00 |
| BERGER | 10.05 | 11.05 | 1.00 | 9.95 |
| SKYAVN | 23.30 | 25.60 | 2.30 | 9.87 |
| CUSTODIAN | 7.15 | 7.85 | 0.70 | 9.79 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | Change % |
| SOVRENINS | 0.70 | 0.63 | -0.07 | -10.00 |
| CAVERTON | 1.30 | 1.17 | -0.13 | -10.00 |
| NPFMCRFBK | 2.00 | 1.80 | -0.20 | -10.00 |
| LIVESTOCK | 2.10 | 1.89 | -0.21 | -10.00 |
| ETI | 17.00 | 15.30 | -1.70 | -10.00 |
| DANGSUGAR | 30.00 | 27.00 | -3.00 | -10.00 |
| GUINNESS | 66.60 | 59.95 | -6.65 | -9.98 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ABBEYBDS | 1.00 | 94 | 112,259,510 |
| FIDELITYBK | 8.60 | 452 | 58,588,229 |
| UBN | 7.00 | 30 | 51,079,633 |
| FCMB | 6.55 | 294 | 49,363,928 |
| UNIVINSURE | 0.24 | 75 | 47,506,038 |
| JAPAULGOLD | 1.03 | 248 | 40,872,394 |
| TRANSCORP | 3.53 | 334 | 29,795,987 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| MTNN | 262.00 | 555 | 1,010,811,655.50 |
| FIDELITYBK | 8.60 | 452 | 503,707,823.80 |
| GTCO | 36.65 | 383 | 470,056,716.85 |
| DANGSUGAR | 27.00 | 399 | 458,053,840.10 |
| ACCESSCORP | 17.00 | 505 | 447,055,931.15 |
| UBA | 14.00 | 506 | 377,987,405.80 |
| UBN | 7.00 | 30 | 357,551,158.95 |
OUTLOOK
Investors’ sentiment ensures market closes negative on the last day of trading for the month of July. However, with companies still releasing their half-year financial earnings, a projected rebound in trading is expected.
