Trading activities in the Nigerian Equities Market closed positive today, Tuesday (19/12/2023) by 0.09% as the NGX-ASI increased to 72,470.10 from 72,404.91 recorded at the close of the previous trading day; indicating a YTD return of +41.40%.
Similarly, the market capitalization increased today by N35.67 billion to N39.66 trillion from N39.62 trillion recorded at the close of the previous trading day, also the market turnover increased to N6.949 billion from N4.397 billion.
The market breadth was positive at 2.69X as 35 stocks advanced and 13 stocks declined, while 69 stocks remained unchanged. INFINITY topped the gainers’ list with +10.00%, while OMATEK declined by -10.00% to lead the losers’ chart.
UPDCREIT recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Tuesday, 19th December 2023
MARKET STATISTICS
| CAP | N39,656,851,313,343.13 | One Day (ASI CHG) | +0.09% |
| Index | 72,470.10 | One Week (ASI CHG) | +0.78% |
| Volume | 411,213,838 | One Month (ASI CHG) | +1.97% |
| Value | N6,948,925,975.60 | Six Months (ASI CHG) | +22.16% |
| Deals | 6,870 | 52 Weeks (ASI CHG) | +46.66% |
| Gainers | 35 | Losers | 13 |
| Unchanged | 69 | Total | 117 |
| YTD Returns | +41.40% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.09 |
| NGX30 | 0.09 |
| NGXBNK | 1.89 |
| NGXCNSMRGDS | -0.22 |
| NGXINDUSTR | 0.22 |
| NGXINS | 0.40 |
| NGXLOTUSISLM | 0.36 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| INFINITY | 3.10 | 3.41 | 0.31 | 10.00 |
| CAVERTON | 1.60 | 1.76 | 0.16 | 10.00 |
| NNFM | 38.75 | 42.40 | 3.65 | 9.42 |
| RTBRISCOE | 0.55 | 0.60 | 0.05 | 9.09 |
| DAARCOMM | 0.49 | 0.53 | 0.04 | 8.16 |
| JOHNHOLT | 2.45 | 2.64 | 0.19 | 7.76 |
| CONHALLPLC | 1.12 | 1.20 | 0.08 | 7.14 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| OMATEK | 0.70 | 0.63 | -0.07 | -10.00 |
| PRESTIGE | 0.52 | 0.47 | -0.05 | -9.62 |
| ETRANZACT | 6.25 | 5.65 | -0.60 | -9.60 |
| STANBIC | 65.00 | 59.10 | -5.90 | -9.08 |
| UPDC | 1.33 | 1.21 | -0.12 | -9.02 |
| UNIVINSURE | 0.27 | 0.25 | -0.02 | -7.41 |
| GUINEAINS | 0.29 | 0.27 | -0.02 | -6.90 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UPDCREIT | 4.60 | 50 | 42,029,284 |
| UBA | 25.00 | 491 | 34,658,943 |
| VERITASKAP | 0.37 | 29 | 27,706,519 |
| ACCESSCORP | 22.60 | 365 | 27,567,821 |
| FCMB | 7.20 | 147 | 25,593,880 |
| TRANSCORP | 7.00 | 243 | 24,909,822 |
| GTCO | 39.70 | 332 | 22,755,286 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.70 | 332 | 902,199,844.80 |
| UBA | 25.00 | 491 | 848,471,403.65 |
| ZENITHBANK | 37.75 | 411 | 815,892,174.10 |
| ACCESSCORP | 22.60 | 365 | 611,804,867.35 |
| MTNN | 246.50 | 209 | 582,574,018.00 |
| WAPCO | 31.00 | 165 | 405,528,582.75 |
| FBNH | 23.00 | 313 | 223,113,121.05 |
OUTLOOK
The Equities market closed it’s second consecutive trading day with positive sentiment. As investors continue to focus on maximizing returns, and a step toward ensuring sustainable profitability, we expect this trend to continue throughout the remaining days of the week.
