Trading activities in the Nigerian Equities Market closed negative today, Monday (11/09/2023) by 1.24% as the NGX-ASI decreased to 67,296.18 from 68,143.34 recorded at the close of the previous trading day; indicating a YTD return of +31.31%.
Similarly, the market capitalization decreased today by N463.7 billion to N36.832 trillion from N37.295 trillion recorded at the close of the previous trading day, while the market turnover remained unchanged at N8.3 billion.
The market breadth was negative at 0.35X as 15 stocks advanced and 43 stocks declined, while 58 stocks remained unchanged. NNFM topped the gainers’ list with +9.96%, while NSLTECH declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume, while ZENITHBANK recorded the highest value traded for the day.
Read: NGX Price List for Monday, 11th September 2023
MARKET STATISTICS
| CAP | N36,831,679,937,277.00 | One Day (ASI CHG) | -1.24% |
| Index | 67,296.18 | One Week (ASI CHG) | -1.44% |
| Volume | 520,133,186 | One Month (ASI CHG) | +3.47% |
| Value | N8,334,265,700.34 | Six Months (ASI CHG) | +20.77% |
| Deals | 9,914 | 52 Weeks (ASI CHG) | +35.42% |
| Gainers | 15 | Losers | 43 |
| Unchanged | 58 | Total | 116 |
| YTD Returns | +31.31% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.24 |
| NGX30 | -1.40 |
| NGXBNK | -6.11 |
| NGXCNSMRGDS | -1.45 |
| NGXINDUSTR | -0.28 |
| NGXINS | -2.07 |
| NGXLOTUSISLM | -0.66 |
| NGXOILGAS | -0.10 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| NNFM | 12.05 | 13.25 | 1.20 | 9.96 |
| OANDO | 7.70 | 8.45 | 0.75 | 9.74 |
| CWG | 5.78 | 6.30 | 0.52 | 9.00 |
| NPFMCRFBK | 1.83 | 1.98 | 0.15 | 8.20 |
| RTBRISCOE | 0.41 | 0.44 | 0.03 | 7.32 |
| CADBURY | 15.60 | 16.50 | 0.90 | 5.77 |
| REDSTAREX | 2.87 | 3.00 | 0.13 | 4.53 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| NSLTECH | 0.30 | 0.27 | -0.03 | -10.00 |
| ETRANZACT | 10.00 | 9.00 | -1.00 | -10.00 |
| NASCON | 58.00 | 52.20 | -5.80 | -10.00 |
| DANGSUGAR | 64.15 | 57.75 | -6.40 | -9.98 |
| LEARNAFRCA | 3.65 | 3.29 | -0.36 | -9.86 |
| ABCTRANS | 1.13 | 1.02 | -0.11 | -9.73 |
| TRANSCORP | 6.70 | 6.05 | -0.65 | -9.70 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 13.85 | 905 | 73,932,251 |
| ACCESSCORP | 16.00 | 846 | 57,668,511 |
| TRANSCORP | 6.05 | 521 | 52,724,741 |
| ZENITHBANK | 34.80 | 796 | 43,128,984 |
| FBNH | 18.05 | 266 | 26,573,598 |
| GTCO | 35.50 | 433 | 23,934,059 |
| FCMB | 6.40 | 169 | 22,127,230 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ZENITHBANK | 34.80 | 796 | 1,523,372,011.95 |
| UBA | 13.85 | 905 | 1,049,579,003.85 |
| ACCESSCORP | 16.00 | 846 | 957,323,899.35 |
| GTCO | 35.50 | 433 | 868,765,043.15 |
| DANGSUGAR | 57.75 | 684 | 818,429,558.15 |
| FBNH | 18.05 | 266 | 480,793,073.05 |
| TRANSCORP | 6.05 | 521 | 331,528,548.43 |
OUTLOOK
The stock market ushers in the week on a low performance as profit taking by investors halts the impressive run of positive results as witnessed on the floor of the exchange last week. A rebound is expected in trading results as the week progresses.
