Trading activities in the Nigerian Equities Market closed positive today, Wednesday (23/08/2023) by 0.01% as the NGX-ASI increased to 65,492.81 from 65,488.67 recorded at the close of the previous trading day; indicating a YTD return of +27.79%.
The market capitalization increased today by N2.27 billion to N35.845 trillion from N35.842 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.05 billion from N4.12 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.85x as 22 stocks advanced and 26 stocks declined, while 66 stocks remained unchanged. ABCTRANS topped the gainers’ list with 9.62%, while CONOIL declined by 10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 23rd August 2023
MARKET STATISTICS
| CAP | N35,844,680,647,371.09 | One Day (ASI CHG) | +0.01% |
| Index | 65,492.81 | One Week (ASI CHG) | +1.34% |
| Volume | 348,323,276 | One Month (ASI CHG) | -0.30% |
| Value | N4,047,920,060.59 | Six Months (ASI CHG) | +19.85% |
| Deals | 6,237 | 52 Weeks (ASI CHG) | +34.88% |
| Gainers | 22 | Losers | 26 |
| Unchanged | 66 | Total | 114 |
| YTD Returns | +27.79% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.01 |
| NGX30 | 0.34 |
| NGXBNK | -0.68 |
| NGXCNSMRGDS | 0.40 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.39 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | -1.66 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| ABCTRANS | 0.52 | 0.57 | 0.05 | 9.62 |
| THOMASWY | 1.29 | 1.41 | 0.12 | 9.30 |
| TRANSCOHOT | 36.70 | 40.00 | 3.30 | 8.99 |
| COURTVILLE | 0.60 | 0.65 | 0.05 | 8.33 |
| OMATEK | 0.28 | 0.30 | 0.02 | 7.14 |
| TRANSCORP | 4.48 | 4.80 | 0.32 | 7.14 |
| DANGSUGAR | 37.40 | 40.00 | 2.60 | 6.95 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| CONOIL | 110.00 | 99.00 | -11.00 | -10.00 |
| DAARCOMM | 0.32 | 0.29 | -0.03 | -9.38 |
| REDSTAREX | 3.20 | 2.92 | -0.28 | -8.75 |
| TANTALIZER | 0.36 | 0.33 | -0.03 | -8.33 |
| ETERNA | 17.00 | 15.60 | -1.40 | -8.24 |
| NGXGROUP | 24.50 | 22.50 | -2.00 | -8.16 |
| UNIVINSURE | 0.21 | 0.20 | -0.01 | -4.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 4.80 | 895 | 144,710,583 |
| UNIVINSURE | 0.20 | 64 | 27,530,623 |
| DANGSUGAR | 40.00 | 504 | 16,124,313 |
| FIDELITYBK | 7.00 | 198 | 15,804,297 |
| CHIPLC | 0.87 | 78 | 15,775,504 |
| JAPAULGOLD | 0.96 | 95 | 12,557,877 |
| UBA | 13.80 | 253 | 11,246,456 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| TRANSCORP | 4.80 | 895 | 682,613,086.29 |
| MTNN | 275.00 | 258 | 677,410,065.00 |
| DANGSUGAR | 40.00 | 504 | 632,580,207.60 |
| NESTLE | 1170.00 | 58 | 284,060,047.20 |
| ZENITHBANK | 33.40 | 290 | 268,355,100.80 |
| UBA | 13.80 | 253 | 154,803,962.10 |
| FBNH | 18.00 | 176 | 135,497,017.70 |
OUTLOOK
The stock market sustains bullish trend. on the third day of trading for the week. A mixed sentiment is projected in trading as investors react to the half-year financial release by quoted stocks.
