Stock Market Gains Marginally For The Week As ASI Appreciates By 0.08%.

Trading activities in the Nigerian Equities Market closed positive today, Friday (01/12/2023) by 0.08% as the NGX-ASI increased to 71,419.87 from 71,365.25 recorded at the close of the previous trading day; indicating a YTD return of +39.95%.

The market performance for the week increased by 0.27% to 71,419.87 from 71,230.48 recorded at the beginning of the week.

Similarly, the market capitalization increased today by N30.21 billion to N39.082 trillion from N39.052 trillion recorded at the close of the previous trading day, while the market turnover decreased to N10.22 billion from N10.24 billion.

The market breadth was positive at 1.57X as 36 stocks advanced and 26 stocks declined, while 53 stocks remained unchanged.IKEJAHOTEL topped the gainers’ list with +10.00%, while SUNUASSUR declined by -10.00% to lead the losers’ chart.

UNIVINSURE recorded the highest volume and DANGCEM recorded the highest value for the day.

Read: NGX Price List for Friday, 1st December 2023

MARKET STATISTICS

CAPN39,082,149,416,217.22One Day (ASI CHG)+0.08%
Index71,419.87One Week (ASI CHG)+0.27%
Volume361,116,909One Month (ASI CHG)+1.19%
ValueN10,225,305,027.57Six Months (ASI CHG)+27.94%
Deals5,64052 Weeks (ASI CHG)+49.86%
Gainers36Losers26
Unchanged53Total115
YTD Returns+39.95%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI+0.08
NGX30-0.01
NGXBNK+1.14
NGXCNSMRGDS-0.08
NGXINDUSTR-0.06
NGXINS-1.10
NGXLOTUSISLM-0.12
NGXOILGAS+0.05

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
IKEJAHOTEL4.204.620.4210.00
NEIMETH1.701.870.1710.00
UNITYBNK1.401.540.1410.00
OMATEK0.710.780.079.86
THOMASWY2.282.500.229.65
UPDCREIT4.104.450.358.54
TANTALIZER0.480.520.048.33

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
SUNUASSUR1.401.26-0.14-10.00
UACN16.9015.25-1.65-9.76
CADBURY15.3514.20-1.15-7.49
ROYALEX0.650.61-0.04-6.15
MAYBAKER5.305.00-0.30-5.66
VERITASKAP0.370.35-0.02-5.41
UPDC1.331.26-0.07-5.26

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of Trades Volume
UNIVINSURE0.2779               44,079,454
JAIZBANK1.50203               35,394,295
ACCESSCORP18.05286               23,903,306
VERITASKAP0.3564               18,404,249
UNITYBNK1.54116               18,390,528
FIDELITYBK9.00127               17,831,377
DANGCEM320.0085               16,528,087

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of Trades Value
DANGCEM320.0085   5,288,857,596.60
SEPLAT2310.1058   1,736,752,982.70
ACCESSCORP18.05286       430,352,090.10
ZENITHBANK35.00250       308,071,390.45
GTCO39.10126       264,657,605.95
UBA21.30232       195,787,007.00
FIDELITYBK9.00127       160,372,424.85

OUTLOOK

Activities on the Nigerian Exchange (NGX) closed positive for the day and the week. Investors sentiments sustain the market impressive run so far witnessed in the month as investors continue to show confidence in the market. We expect positive performance on the local bourse to continue as trading ushers in December..

WhatsApp
Facebook
LinkedIn
X