Trading activities in the Nigerian Equities Market closed positive today, Tuesday (22/08/2023) by 0.44% as the NGX-ASI increased to 65,488.67 from 65,202.41 recorded at the close of the previous trading day; indicating a YTD return of +27.78%.
The market capitalization increased today by N157.58 billion to N35.842 trillion from N35.685 trillion recorded at the close of the previous trading day, while the market turnover increased to N4.12 billion from N3.99 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.64x as 16 stocks advanced and 25 stocks declined, while 71 stocks remained unchanged. CORNERST topped the gainers’ list with 9.84%, while NB & SUNUASSUR declined by 10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume, while MTNN recorded the highest value for the day.
Read: NGX Price List for Tuesday, 22nd August 2023
MARKET STATISTICS
| CAP | N35,842,413,928,677.63 | One Day (ASI CHG) | +0.44% |
| Index | 65,488.67 | One Week (ASI CHG) | +0.86% |
| Volume | 293,463,083 | One Month (ASI CHG) | -0.76% |
| Value | N4,122,243,172.29 | Six Months (ASI CHG) | +20.57 |
| Deals | 5,895 | 52 Weeks (ASI CHG) | +32.72% |
| Gainers | 16 | Losers | 25 |
| Unchanged | 71 | Total | 112 |
| YTD Returns | +27.78% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.44 |
| NGX30 | 0.50 |
| NGXBNK | -0.90 |
| NGXCNSMRGDS | 3.75 |
| NGXINDUSTR | 0.01 |
| NGXINS | 0.53 |
| NGXLOTUSISLM | 1.13 |
| NGXOILGAS | -0.19 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| CORNERST | 1.22 | 1.34 | 0.12 | 9.84 |
| CWG | 3.9 | 4.28 | 0.38 | 9.74 |
| SCOA | 1.28 | 1.4 | 0.12 | 9.38 |
| ABCTRANS | 0.48 | 0.52 | 0.04 | 8.33 |
| BUAFOODS | 152.9 | 165 | 12.1 | 7.91 |
| RTBRISCOE | 0.44 | 0.47 | 0.03 | 6.82 |
| MEYER | 2.66 | 2.8 | 0.14 | 5.26 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| NB | 42.5 | 38.25 | -4.25 | -10.00 |
| SUNUASSUR | 0.8 | 0.72 | -0.08 | -10.00 |
| JOHNHOLT | 1.59 | 1.45 | -0.14 | -8.81 |
| MBENEFIT | 0.44 | 0.41 | -0.03 | -6.82 |
| OMATEK | 0.3 | 0.28 | -0.02 | -6.67 |
| ETERNA | 17.85 | 17 | -0.85 | -4.76 |
| ACADEMY | 2.01 | 1.92 | -0.09 | -4.48 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 4.48 | 449 | 41,441,867 |
| ACCESSCORP | 16.85 | 254 | 36,158,468 |
| FIDELITYBK | 7.15 | 167 | 32,105,127 |
| OMATEK | 0.28 | 49 | 15,006,793 |
| ETI | 15.8 | 43 | 13,200,713 |
| UBA | 13.8 | 295 | 12,750,005 |
| FBNH | 18.3 | 190 | 9,929,529 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| MTNN | 275 | 296 | 791,461,367.50 |
| ACCESSCORP | 16.85 | 254 | 616,420,287.30 |
| DANGSUGAR | 37.4 | 391 | 332,804,064.85 |
| GTCO | 36.45 | 233 | 275,922,239.95 |
| FIDELITYBK | 7.15 | 167 | 229,733,420.10 |
| ZENITHBANK | 33.8 | 294 | 221,001,358.75 |
| ETI | 15.8 | 43 | 208,479,548.20 |
OUTLOOK
The stock market recorded another impressive performance after starting the week strong. We project mixed performance in trading as investors react to half-year financial release by quoted stocks.
