Trading activities in the Nigerian Equities Market closed negative today, Tuesday (08/08/2023) by -0.04% as the NGX-ASI decreased marginally to 65,309.65 from 65,336.80 recorded at the close of the previous trading day; indicating a YTD return of +27.43%.
Similarly, the market capitalization decreased today by N14.72 billion to N35.540 trillion from N35.555 trillion recorded at the close of the previous trading day, while the market turnover increased to N4.472 billion from N3.892 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.08x as 26 stocks advanced and 24 stocks declined, while 66 stocks remained unchanged. GUINNESS topped the gainers’ list with +10.00% , while NSLTECH declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 8th August 2023
MARKET STATISTICS
| CAP | N35,540,481,030,178.85 | One Day (ASI CHG) | +0.21% |
| Index | 65,309.65 | One Week (ASI CHG) | +1.74% |
| Volume | 317,808,298 | One Month (ASI CHG) | -0.55% |
| Value | N4,471,664,416.89 | Six Months (ASI CHG) | +19.99% |
| Deals | 6,376 | 52 Weeks (ASI CHG) | +29.35% |
| Gainers | 26 | Losers | 24 |
| Unchanged | 66 | Total | 116 |
| YTD Returns | +27.43% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.04 |
| NGX30 | -0.07 |
| NGXBNK | 0.61 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | -0.05 |
| NGXINS | -0.18 |
| NGXLOTUSISLM | -0.05 |
| NGXOILGAS | -0.25 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| GUINNESS | 55.00 | 60.50 | 5.50 | 10.00 |
| GLAXOSMITH | 9.75 | 10.70 | 0.95 | 9.74 |
| UNIVINSURE | 0.22 | 0.24 | 0.02 | 9.09 |
| MAYBAKER | 5.35 | 5.80 | 0.45 | 8.41 |
| GUINEAINS | 0.28 | 0.30 | 0.02 | 7.14 |
| UACN | 10.35 | 11.00 | 0.65 | 6.28 |
| REGALINS | 0.42 | 0.44 | 0.02 | 4.76 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| NSLTECH | 0.30 | 0.27 | -0.03 | -10.00 |
| NNFM | 13.65 | 12.30 | -1.35 | -9.89 |
| JOHNHOLT | 1.47 | 1.33 | -0.14 | -9.52 |
| TANTALIZER | 0.36 | 0.33 | -0.03 | -8.33 |
| MBENEFIT | 0.52 | 0.48 | -0.04 | -7.69 |
| GEREGU | 345.00 | 323.00 | -22.00 | -6.38 |
| CADBURY | 14.60 | 13.70 | -0.90 | -6.16 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| ACCESSCORP | 17.50 | 373 | 49,355,378 |
| STERLINGNG | 3.51 | 72 | 43,823,163 |
| UNIVINSURE | 0.24 | 50 | 28,863,703 |
| FCMB | 6.18 | 239 | 18,125,614 |
| FBNH | 18.40 | 195 | 14,301,522 |
| UBA | 14.50 | 287 | 13,480,428 |
| GLAXOSMITH | 10.70 | 196 | 13,324,452 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| ACCESSCORP | 17.50 | 373 | 861,161,385.20 |
| MTNN | 280.00 | 360 | 338,952,809.60 |
| GTCO | 37.50 | 297 | 331,909,740.60 |
| DANGCEM | 352.00 | 115 | 275,922,710.20 |
| FBNH | 18.40 | 195 | 261,734,399.15 |
| ZENITHBANK | 35.00 | 283 | 242,830,957.45 |
| UBA | 14.50 | 287 | 195,083,480.70 |
OUTLOOK
The Nigerian Equities market progresses bearish today as price shed in valuable stocks like Geregu, NNFM and Cadbury was enough to cause a marginal loss. Trading is expected to continue to experience mixed performance in the days to come as companies continue to release their half year corporate actions (earnings and dividends payments).
