Stock Market Sustains Loss Amid Profit-Taking In Oando, 29 other stocks.

Trading activities in the Nigerian Equities Market closed Negative today, Thursday (21/09/2023) by 0.09% as the NGX-ASI decreased to 68,271.14 from 68,335.72 recorded at the close of the previous trading day; indicating a YTD return of +33.21%.

Similarly, the market capitalization decreased today by N35 billion to N37.400 trillion from N37.365 trillion recorded at the close of the previous trading day, while the market turnover increased to N5.82 billion from N5.39 billion.

The market breadth was Negative at 0.67X as 20 stocks advanced and 30 stocks declined, while 66 stocks remained unchanged. JOHNHOLT topped the gainers’ list with +9.55%, while OANDO declined by -9.93% to lead the losers’ chart.

UNIVINSURE recorded the highest volume, while OANDO recorded the highest value for the day.

Read: NGX Price List for Thursday, 21st September 2023

MARKET STATISTICS

CAPN37,365,282,738,145.89One Day (ASI CHG)-0.09%
Index68,271.14One Week (ASI CHG)+1.39%
Volume1,123,849,269One Month (ASI CHG)+4.25%
ValueN5,818,850,126.01Six Months (ASI CHG)+24.37%
Deals7,94952 Weeks (ASI CHG)+38.14%
Gainers20Losers30
Unchanged66Total116
YTD Returns+33.21%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security%Change 
ASI-0.09
NGX30-0.20
NGXBNK-0.46
NGXCNSMRGDS0.05
NGXINDUSTR0.01
NGXINS0.26
NGXLOTUSISLM-0.04
NGXOILGAS0.19

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N) Price Change%Change
JOHNHOLT1.571.720.159.55
DAARCOMM0.210.230.029.52
OMATEK0.420.460.049.52
MBENEFIT0.430.470.049.30
SUNUASSUR0.880.960.089.09
CAVERTON1.401.520.128.57
CUSTODIAN7.057.650.608.51

Top 7 Losers

SecurityPrevious Close(N)Close Price(N) Price Change%Change
OANDO14.6013.15-1.45-9.93
LASACO2.061.86-0.20-9.71
CHAMS1.461.32-0.14-9.59
NNFM16.8015.25-1.55-9.23
TANTALIZER0.350.32-0.03-8.57
UPDCREIT3.703.40-0.30-8.11
REGALINS0.380.35-0.03-7.89

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of Trades        Volume
UNIVINSURE0.21148            669,012,278
OANDO13.151656            100,687,873
JAPAULGOLD1.04229               43,738,795
ACCESSCORP16.90442               40,144,810
UBA17.00454               32,450,979
CHAMS1.32285               25,412,445
GUINEAINS0.2450               23,684,229

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of Trades      Value(N)
OANDO13.151656   1,456,036,859.85
MTNN269.00158       722,367,810.40
ACCESSCORP16.90442       681,949,032.20
UBA17.00454       552,752,073.80
ZENITHBANK33.00321       324,809,008.20
GTCO36.00218       260,536,663.40
DANGSUGAR56.00257       184,819,438.25

OUTLOOK

The Nigerian stock market sustained loss from previous day’s trading performance on profit taking sentiments as shown by investors. The seesaw experience in performance is expected to continue as the last day in trading for this week approaches.

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