Trading activities in the Nigerian Equities Market closed negative today, Thursday (24/08/2023) by 0.14% as the NGX-ASI decreased to 65,401.82 from 65,492.81 recorded at the close of the previous trading day; indicating a YTD return of +27.61%.
The market capitalization decreased today by N50 billion to N35.795 trillion from N35.845 trillion recorded at the close of the previous trading day, while the market turnover increased to N12.90 billion from N4.05 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.49x as 19 stocks advanced and 39 stocks declined, while 54 stocks remained unchanged. DANGSUGAR topped the gainers’ list with 10.00%, while FTNCOCOA declined by 9.95% to lead the losers’ chart.
TRANSCORP recorded the highest volume, while MTNN recorded highest value for the day.
Read: NGX Price List for Thursday, 24th August 2023
MARKET STATISTICS
| CAP | N35,794,879,877,977.60 | One Day (ASI CHG) | -0.14% |
| Index | 65,401.82 | One Week (ASI CHG) | +1.48% |
| Volume | 583,087,946 | One Month (ASI CHG) | -0.89% |
| Value | N12,902,431,601.79 | Six Months (ASI CHG) | +19.02% |
| Deals | 6,968 | 52 Weeks (ASI CHG) | +34.36% |
| Gainers | 19 | Losers | 39 |
| Unchanged | 54 | Total | 112 |
| YTD Returns | +27.61% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.14 |
| NGX30 | 0.04 |
| NGXBNK | -1.81 |
| NGXCNSMRGDS | 0.96 |
| NGXINDUSTR | -0.08 |
| NGXINS | -0.24 |
| NGXLOTUSISLM | -0.27 |
| NGXOILGAS | -0.09 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| DANGSUGAR | 40.00 | 44.00 | 4.00 | 10.00 |
| NASCON | 37.00 | 40.70 | 3.70 | 10.00 |
| TRANSCORP | 4.80 | 5.28 | 0.48 | 10.00 |
| CWG | 4.50 | 4.95 | 0.45 | 10.00 |
| OMATEK | 0.30 | 0.33 | 0.03 | 10.00 |
| THOMASWY | 1.41 | 1.55 | 0.14 | 9.93 |
| ABCTRANS | 0.57 | 0.62 | 0.05 | 8.77 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| FTNCOCOA | 2.01 | 1.81 | -0.20 | -9.95 |
| REDSTAREX | 2.92 | 2.63 | -0.29 | -9.93 |
| LEARNAFRCA | 4.05 | 3.65 | -0.40 | -9.88 |
| NNFM | 12.05 | 11.05 | -1.00 | -8.30 |
| VERITASKAP | 0.26 | 0.24 | -0.02 | -7.69 |
| INTBREW | 4.80 | 4.45 | -0.35 | -7.29 |
| DAARCOMM | 0.29 | 0.27 | -0.02 | -6.90 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 5.28 | 736 | 144,489,828 |
| STERLINGNG | 3.40 | 88 | 63,333,435 |
| ACCESSCORP | 16.25 | 592 | 54,725,412 |
| GTCO | 36.00 | 294 | 42,824,296 |
| FIDELITYBK | 7.00 | 183 | 32,145,926 |
| MTNN | 274.50 | 290 | 21,344,501 |
| UBA | 13.75 | 328 | 18,960,959 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| MTNN | 274.50 | 290 | 6,162,299,699.10 |
| GTCO | 36.00 | 294 | 1,541,957,068.30 |
| ACCESSCORP | 16.25 | 592 | 880,010,267.40 |
| DANGSUGAR | 44.00 | 466 | 805,345,924.90 |
| TRANSCORP | 5.28 | 736 | 724,316,190.10 |
| UBA | 13.75 | 328 | 258,518,488.95 |
| NASCON | 40.70 | 115 | 242,619,017.00 |
OUTLOOK
Bullish trend was paused in stock trading as market turned in a poor performance on investors’ sentiment to close negative for the first time in the week. A mixed sentiment is projected to be sustained in trading as investors react to the half-year financial release by quoted stocks.
