Stock Market Begins Week On A Decline As Capitalization Decreases By N157Bn.

Trading activities in the Nigerian Equities Market closed negative today, Monday (14/08/2023) by 0.18% as the NGX-ASI decreased to 65,210.49 compared to 65,325.37 recorded at the close of the previous trading day; indicating a YTD return of +27.24%.

Similarly, the market capitalization decreased today by N157 billion to N35.415 trillion from N35.572 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.205 billion from N8.362 billion recorded at the close of the previous trading day.

The market breadth was negative at 0.91x as 21 stocks advanced and 23 stocks declined, while 69 stocks remained unchanged. CORNERST topped the gainers’ list with +9.32% , while ETERNA declined by -9.90% to lead the losers’ chart.

TRANSCORP recorded the highest volume of stocks traded while GTCO recorded the highest value for the day.

Read: NGX Price List for Monday, 14th August 2023

MARKET STATISTICS

CAPN35,415,074,316,678.96One Day (ASI CHG)-0.18%
Index65,210.49One Week (ASI CHG)-0.19%
Volume259,041,152One Month (ASI CHG)+3.60%
ValueN4,204,791,493.29Six Months (ASI CHG)+19.66%
Deals5,89952 Weeks (ASI CHG)+31.30%
Gainers21Losers23
Unchanged69Total113
YTD Returns+27.24%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change
ASI-0.18
NGX30-0.15
NGXBNK-1.13
NGXCNSMRGDS0.47
NGXINDUSTR0.01
NGXINS0.8
NGXLOTUSISLM-0.44
NGXOILGAS-0.44

Top 7 Gainers

SecurityPrevious Close (N) Close Price (N) Price Change%Change
CORNERST1.181.290.119.32
OMATEK0.340.370.038.82
CHAMS0.951.020.077.37
RTBRISCOE0.430.460.036.98
NSLTECH0.290.310.026.90
NEIMETH1.511.580.074.64
DANGSUGAR33.0034.501.504.55

Top 7 Losers

SecurityPrevious Close (N) Close Price (N) Price Change%Change
ETERNA19.7017.75-1.95-9.90
SUNUASSUR1.151.04-0.11-9.57
UPL2.492.26-0.23-9.24
FTNCOCOA2.252.06-0.19-8.44
OKOMUOIL265.00250.00-15.00-5.66
CHIPLC1.000.95-0.05-5.00
AFRIPRUD6.205.90-0.30-4.84

Top 7 Traded Stocks By Volume

SecurityClose Price (N) Number of Trades      Volume 
TRANSCORP4.00374          41,760,436
ACCESSCORP17.15324          18,155,087
GTCO37.60297          15,566,912
STERLINGNG3.60138          14,186,948
UBA14.20219          13,009,831
ZENITHBANK34.10307          10,725,315
UNIVINSURE0.2244          10,520,121

Top 7 Traded Stocks By Value

SecurityClose Price (N) Number of Trades    Value (N) 
GTCO       37.60297  585,099,560.50
BUACEMENT       96.15134  541,572,435.80
STANBIC       63.5051  427,785,434.95
OKOMUOIL    250.0049  378,429,987.90
ZENITHBANK       34.10307  367,595,913.45
ACCESSCORP       17.15324  312,692,302.85
UBA       14.20219  185,375,445.25

OUTLOOK

The Nigerian Equities market closed negative in today’s trading to begin the week bearish on investors’ sentiment. Market is expected to experience mixed performance in coming days as companies continue to release their half year financial earnings and dividends payouts.

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