Trading activities in the Nigerian Equities Market closed negative today, Tuesday (01/08/2023) by -0.23% as the NGX-ASI decreased to 64,192.20 compared to 64,337.52 recorded at the close of the previous trading day; indicating a YTD return of +25.25%.
Similarly, the market capitalization decreased for the day by N79.08 billion to N34.93 trillion from N35.01 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.710 billion from N6.474 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.57x as 21 stocks advanced and 37 stocks declined, while 56 stocks remained unchanged. DANGSUGAR & ABBEYBDS topped the gainers’ list with +10.00%, while JOHNHOLT declined by -10.00% to lead the losers’ chart.
AIICO recorded the highest volume and MTNN recorded the highest value for the day.
Read: NGX Price List for Tuesday, 1st August 2023
MARKET STATISTICS
| CAP | N34,932,381,652,796.03 | One Day (ASI CHG) | -0.23% |
| Index | 64,192.20 | One Week (ASI CHG) | -2.72% |
| Volume | 762,097,373 | One Month (ASI CHG) | +5.73% |
| Value | N7,710,213,584.04 | Six Months (ASI CHG) | +19.99% |
| Deals | 7,935 | 52 Weeks (ASI CHG) | +28.51% |
| Gainers | 21 | Losers | 37 |
| Unchanged | 56 | Total | 114 |
| YTD Returns | +25.25% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.23 |
| NGX30 | -0.30 |
| NGXBNK | -1.94 |
| NGXCNSMRGDS | 0.54 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.95 |
| NGXLOTUSISLM | -0.02 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | Change % |
| DANGSUGAR | 27.00 | 29.70 | 2.70 | 10.00 |
| ABBEYBDS | 1.00 | 1.10 | 0.10 | 10.00 |
| TANTALIZER | 0.31 | 0.34 | 0.03 | 9.68 |
| SUNUASSUR | 0.66 | 0.72 | 0.06 | 9.09 |
| MULTIVERSE | 2.98 | 3.24 | 0.26 | 8.72 |
| LINKASSURE | 0.77 | 0.83 | 0.06 | 7.79 |
| CAVERTON | 1.17 | 1.25 | 0.08 | 6.84 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | Change % |
| JOHNHOLT | 2.00 | 1.80 | -0.20 | -10.00 |
| ELLAHLAKES | 3.93 | 3.54 | -0.39 | -9.92 |
| FIDELITYBK | 8.60 | 7.75 | -0.85 | -9.88 |
| JAPAULGOLD | 1.03 | 0.93 | -0.10 | -9.71 |
| SOVRENINS | 0.63 | 0.57 | -0.06 | -9.52 |
| CHIPLC | 0.96 | 0.87 | -0.09 | -9.38 |
| OMATEK | 0.45 | 0.41 | -0.04 | -8.89 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| AIICO | 0.70 | 82 | 314,640,993 |
| UBA | 13.95 | 532 | 54,493,023 |
| MANSARD | 3.97 | 326 | 48,838,165 |
| ETI | 15.50 | 121 | 41,872,147 |
| FCMB | 6.07 | 228 | 28,556,260 |
| ZENITHBANK | 33.50 | 440 | 24,304,434 |
| JAPAULGOLD | 0.93 | 185 | 24,057,489 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| MTNN | 263.00 | 462 | 947,297,641.60 |
| ZENITHBANK | 33.50 | 440 | 802,756,445.45 |
| GEREGU | 345.00 | 74 | 786,084,505.90 |
| UBA | 13.95 | 532 | 742,992,386.60 |
| ETI | 15.50 | 121 | 640,260,347.70 |
| GTCO | 35.50 | 411 | 613,596,123.60 |
| ACCESSCORP | 16.60 | 432 | 354,306,481.35 |
OUTLOOK
Investors’ sentiment ensures the market begins the new month bearish. However, stability should be expected soon as half-year financial earnings and dividend declarations have been the major drivers affecting the market’s direction of late.
