Trading activities in the Nigerian Equities Market closed positive today, Thursday (10/08/2023) by 1.62% as the NGX-ASI increased to 65,204.82 from 64,167.39 recorded at the close of the previous trading day; indicating a YTD return of +27.23%.
Similarly, the market capitalization increased today by N564.84 billion to N35.484 trillion from N34.918 trillion recorded at the close of the previous trading day, while the market turnover increased to N5.74 billion from N2.62 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.29x as 22 stocks advanced and 17 stocks declined, while 74 stocks remained unchanged. SCOA topped the gainers’ list with +9.35%, while CAP declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 10th August 2023
MARKET STATISTICS
| CAP | N35,483,720,635,012.57 | One Day (ASI CHG) | 1.62% |
| Index | 65,204.82 | One Week (ASI CHG) | -0.09% |
| Volume | 361,197,264 | One Month (ASI CHG) | -0.71% |
| Value | N5,743,635,205.65 | Six Months (ASI CHG) | +20.02% |
| Deals | 5,531 | 52 Weeks (ASI CHG) | +30.21% |
| Gainers | 22 | Losers | 17 |
| Unchanged | 74 | Total | 113 |
| YTD Returns | +27.23% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.62 |
| NGX30 | 1.63 |
| NGXBNK | 0.19 |
| NGXCNSMRGDS | -0.55 |
| NGXINDUSTR | 4.80 |
| NGXINS | 0.60 |
| NGXLOTUSISLM | 1.48 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| SCOA | 1.07 | 1.17 | 0.10 | 9.35 |
| DANGCEM | 320.00 | 349.90 | 29.90 | 9.34 |
| THOMASWY | 1.18 | 1.29 | 0.11 | 9.32 |
| CORNERST | 0.99 | 1.08 | 0.09 | 9.09 |
| UNIVINSURE | 0.22 | 0.24 | 0.02 | 9.09 |
| CAVERTON | 1.32 | 1.44 | 0.12 | 9.09 |
| GUINEAINS | 0.33 | 0.36 | 0.03 | 9.09 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| CAP | 22.00 | 19.80 | -2.20 | -10.00 |
| ACADEMY | 2.35 | 2.13 | -0.22 | -9.36 |
| DANGSUGAR | 34.70 | 32.40 | -2.30 | -6.63 |
| GLAXOSMITH | 9.85 | 9.20 | -0.65 | -6.60 |
| CHAMS | 0.99 | 0.94 | -0.05 | -5.05 |
| WEMABANK | 4.65 | 4.45 | -0.20 | -4.30 |
| AIICO | 0.70 | 0.67 | -0.03 | -4.29 |
Top 7 Traded Stocks By Volume
| Securities | Close Price (N) | Number of Trades | Daily Volume |
| FBNH | 19.00 | 280 | 140,179,582 |
| FIDELITYBK | 7.60 | 170 | 21,559,288 |
| UNIVINSURE | 0.24 | 62 | 18,706,503 |
| TRANSCORP | 3.59 | 176 | 17,307,291 |
| UBA | 14.60 | 249 | 13,081,534 |
| ZENITHBANK | 35.00 | 331 | 12,486,195 |
| ACCESSCORP | 17.50 | 253 | 12,304,129 |
Top 7 Traded Stocks By Value
| Securities | Close Price | Number of Trades | Daily Value (N) |
| FBNH | 19.00 | 280 | 2,608,577,049.55 |
| MTNN | 277.00 | 271 | 520,880,593.70 |
| ZENITHBANK | 35.00 | 331 | 437,651,448.35 |
| ACCESSCORP | 17.50 | 253 | 214,896,552.65 |
| GTCO | 38.00 | 215 | 208,071,062.85 |
| DANGCEM | 349.90 | 125 | 190,537,611.30 |
| UBA | 14.60 | 249 | 188,990,918.40 |
OUTLOOK
The stock market rebounded today after previous days losses, we expect increased activities on the floor of the exchange, in terms of volume and value traded. This expectation is hinged on the prevailing investors’ positive sentiment towards the expected release of good Half results of some companies with track record of paying interim dividends .
