Trading activities in the Nigerian Equities Market closed negative today, Thursday (28/09/2023) by 0.31% as the NGX-ASI decreased to 66,448.63 from 66,652.17 recorded at the close of the previous trading day; indicating a YTD return of +29.65%.
Similarly, the market capitalization decreased today by N111.40 billion to N36.3678 trillion from N36.4792 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.41 billion from N4.53 billion.
The market breadth was negative at 0.62X as 16 stocks advanced and 26 stocks declined, while 72 stocks remained unchanged. RTBRISCOE topped the gainers’ list with +9.76%, while VITAFOAM declined by -9.92% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and the highest value for the day.
Read: NGX Price List for Thursday, 28th September 2023
MARKET STATISTICS
| CAP | N36,367,805,854,466.57 | One Day (ASI CHG) | -0.31% |
| Index | 66,448.63 | One Week (ASI CHG) | -2.67% |
| Volume | 273,798,044 | One Month (ASI CHG) | -0.06% |
| Value | N3,412,213,252.89 | Six Months (ASI CHG) | +22.53% |
| Deals | 6,826 | 52 Weeks (ASI CHG) | +35.14% |
| Gainers | 16 | Losers | 26 |
| Unchanged | 72 | Total | 114 |
| YTD Returns | +29.65% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.31 |
| NGX30 | -0.35 |
| NGXBNK | -1.01 |
| NGXCNSMRGDS | -0.68 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.83 |
| NGXLOTUSISLM | -0.12 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| RTBRISCOE | 0.41 | 0.45 | 0.04 | 9.76 |
| CWG | 7.20 | 7.90 | 0.70 | 9.72 |
| BETAGLAS | 51.30 | 56.20 | 4.90 | 9.55 |
| VERITASKAP | 0.24 | 0.26 | 0.02 | 8.33 |
| CORNERST | 1.65 | 1.78 | 0.13 | 7.88 |
| IKEJAHOTEL | 2.99 | 3.19 | 0.20 | 6.69 |
| UNIVINSURE | 0.21 | 0.22 | 0.01 | 4.76 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| VITAFOAM | 24.70 | 22.25 | -2.45 | -9.92 |
| FTNCOCOA | 1.72 | 1.55 | -0.17 | -9.88 |
| OANDO | 9.65 | 8.70 | -0.95 | -9.84 |
| JOHNHOLT | 1.81 | 1.64 | -0.17 | -9.39 |
| UCAP | 17.35 | 16.10 | -1.25 | -7.20 |
| DANGSUGAR | 55.00 | 51.70 | -3.30 | -6.00 |
| REGALINS | 0.38 | 0.36 | -0.02 | -5.26 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 15.50 | 631 | 45,877,960 |
| ZENITHBANK | 31.30 | 531 | 21,116,930 |
| UNITYBNK | 1.00 | 104 | 19,735,669 |
| UBA | 16.10 | 412 | 17,294,256 |
| TRANSCORP | 5.98 | 309 | 15,728,483 |
| UNIVINSURE | 0.22 | 39 | 14,086,295 |
| LASACO | 1.81 | 79 | 10,819,118 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ACCESSCORP | 15.50 | 631 | 710,626,952.55 |
| ZENITHBANK | 31.30 | 531 | 657,222,084.75 |
| GTCO | 34.50 | 316 | 325,224,686.95 |
| UBA | 16.10 | 412 | 279,315,601.50 |
| MTNN | 264.50 | 316 | 191,249,985.80 |
| DANGSUGAR | 51.70 | 329 | 126,190,985.00 |
| TRANSCORP | 5.98 | 309 | 93,924,397.38 |
OUTLOOK
The Nigerian Exchange (NGX) closed negative on resumption of trading after the previous day’s pause of activities on the floor of the exchange due to the holiday. As investors patiently await the release of new positive economic policies by the recently instituted leadership at the Central Bank of Nigeria (CBN), we expect a positive swing in trading results.
