Trading activities in the Nigerian Equities Market closed positive today, Monday (11/12/2023) by 0.18% as the NGX-ASI increased to 71,669.91 from 71,541.74 recorded at the close of the previous trading day; indicating a YTD return of +39.84%.
Similarly, the market capitalization increased today by N70.14 billion to N39.22 trillion from N39.15 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.85 billion from N7.21 billion.
The market breadth was positive at 1.38X as 29 stocks advanced and 21 stocks declined, while 66 stocks remained unchanged. SFSREIT topped the gainers’ list with +9.98%, while RTBRISCOE declined by -9.68% to lead the losers’ chart.
VERITASKAP recorded the highest volume while AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Monday, 11th December 2023
MARKET STATISTICS
| CAP | N39,218,976,797,925.88 | One Day (ASI CHG) | +0.18% |
| Index | 71,669.91 | One Week (ASI CHG) | +1.02% |
| Volume | 375,321,202 | One Month (ASI CHG) | +1.50% |
| Value | N3,853,487,259.17 | Six Months (ASI CHG) | +23.22% |
| Deals | 7,011 | 52 Weeks (ASI CHG) | +46.62% |
| Gainers | 29 | Losers | 21 |
| Unchanged | 66 | Total | 116 |
| YTD Returns | +39.84% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.18 |
| NGX30 | 0.09 |
| NGXBNK | 1.59 |
| NGXCNSMRGDS | 0.03 |
| NGXINDUSTR | 0.21 |
| NGXINS | -0.21 |
| NGXLOTUSISLM | 0.06 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SFSREIT | 92.15 | 101.35 | 9.20 | 9.98 |
| ETI | 20.75 | 22.80 | 2.05 | 9.88 |
| DEAPCAP | 0.61 | 0.67 | 0.06 | 9.84 |
| SCOA | 1.35 | 1.48 | 0.13 | 9.63 |
| INFINITY | 1.77 | 1.94 | 0.17 | 9.60 |
| UPL | 2.35 | 2.56 | 0.21 | 8.94 |
| REGALINS | 0.34 | 0.37 | 0.03 | 8.82 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| RTBRISCOE | 0.62 | 0.56 | -0.06 | -9.68 |
| NSLTECH | 0.75 | 0.68 | -0.07 | -9.33 |
| NEM | 5.90 | 5.35 | -0.55 | -9.32 |
| NNFM | 38.50 | 35.25 | -3.25 | -8.44 |
| UPDCREIT | 5.00 | 4.60 | -0.40 | -8.00 |
| CAVERTON | 1.60 | 1.51 | -0.09 | -5.63 |
| DAARCOMM | 0.36 | 0.34 | -0.02 | -5.56 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| VERITASKAP | 0.36 | 52 | 88,844,191 |
| UNIVINSURE | 0.29 | 75 | 44,389,803 |
| ACCESSCORP | 20.20 | 504 | 30,368,481 |
| FIDELITYBK | 9.10 | 214 | 23,716,850 |
| UBA | 22.60 | 419 | 12,869,267 |
| ZENITHBANK | 35.50 | 356 | 12,686,302 |
| TRANSCORP | 6.73 | 256 | 12,612,330 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ACCESSCORP | 20.20 | 504 | 612,699,517.30 |
| ZENITHBANK | 35.50 | 356 | 446,209,576.10 |
| GTCO | 39.25 | 259 | 391,318,789.55 |
| UBA | 22.60 | 419 | 291,321,015.10 |
| MTNN | 240.00 | 279 | 256,296,609.50 |
| FIDELITYBK | 9.10 | 214 | 216,153,783.90 |
| FBNH | 23.40 | 298 | 199,708,616.30 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive today to begin the week. This suggests investors’ improved confidence in the market. We therefore project that the market will continue in the positive direction for the remaining days of the week.
