Trading activities in the Nigerian Equities Market closed negative today, Wednesday (27/12/2023) by 0.34% as the NGX-ASI decreased to 73,768.64 from 74,023.27 recorded at the close of the previous trading day; indicating a YTD return of +43.94%.
Similarly, the market capitalization decreased today by N139.34 billion to N40.3677 trillion from N40.507 trillion recorded at the close of the previous trading day, also the market turnover decreased to N12.93 billion from N16.58 billion.
The market breadth was positive at 1.80X as 38 stocks advanced and 21 stocks declined, while 59 stocks remained unchanged. ETERNA topped the gainers’ list with +10.00%, while UACN declined by -10.00% to lead the losers’ chart.
JAIZBANK recorded the highest volume while GEREGU recorded the highest value for the day.
Read: NGX Price List for Wednesday, 27th December 2023
MARKET STATISTICS
| CAP | N40,367,433,807,836.90 | One Day (ASI CHG) | -0.34% |
| Index | 73,768.64 | One Week (ASI CHG) | +0.51% |
| Volume | 432,913,694 | One Month (ASI CHG) | +3.48% |
| Value | N12,937,602,584.83 | Six Months (ASI CHG) | +22.73% |
| Deals | 8,901 | 52 Weeks (ASI CHG) | +48.41% |
| Gainers | 38 | Losers | 21 |
| Unchanged | 59 | Total | 118 |
| YTD Returns | +43.94% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.34 |
| NGX30 | -0.35 |
| NGXBNK | 0.17 |
| NGXCNSMRGDS | -0.15 |
| NGXINDUSTR | -1.10 |
| NGXINS | 3.06 |
| NGXLOTUSISLM | -079 |
| NGXOILGAS | 0.24 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| ETERNA | 12.00 | 13.20 | 1.20 | 10.00 |
| MANSARD | 4.72 | 5.19 | 0.47 | 9.96 |
| MULTIVERSE | 13.97 | 15.36 | 1.39 | 9.95 |
| INFINITY | 4.53 | 4.98 | 0.45 | 9.93 |
| IMG | 10.15 | 11.15 | 1.00 | 9.85 |
| JOHNHOLT | 2.34 | 2.57 | 0.23 | 9.83 |
| OMATEK | 0.64 | 0.70 | 0.06 | 9.38 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UACN | 15.00 | 13.50 | -1.50 | -10.00 |
| DEAPCAP | 0.69 | 0.64 | -0.05 | -7.25 |
| CAVERTON | 1.82 | 1.70 | -0.12 | -6.59 |
| ROYALEX | 0.64 | 0.60 | -0.04 | -6.25 |
| TANTALIZER | 0.49 | 0.46 | -0.03 | -6.12 |
| STANBIC | 64.90 | 61.00 | -3.90 | -6.01 |
| CUSTODIAN | 8.90 | 8.45 | -0.45 | -5.06 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAIZBANK | 1.74 | 203 | 35,382,093 |
| TRANSCORP | 8.90 | 675 | 31,088,571 |
| UNITYBNK | 1.64 | 92 | 25,116,745 |
| GTCO | 40.25 | 245 | 20,465,821 |
| UCAP | 23.90 | 376 | 18,767,131 |
| OANDO | 10.60 | 333 | 18,721,085 |
| GEREGU | 399.00 | 208 | 16,820,204 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GEREGU | 399.00 | 208 | 6,057,096,661.30 |
| GTCO | 40.25 | 245 | 819,270,479.40 |
| AIRTELAFRI | 1887.60 | 85 | 798,131,682.20 |
| ZENITHBANK | 38.00 | 456 | 587,152,828.50 |
| UCAP | 23.90 | 376 | 466,505,681.80 |
| ACCESSCORP | 23.20 | 468 | 358,814,834.75 |
| TRANSCORP | 8.90 | 675 | 279,125,151.57 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed negative for the day. We anticipate mixed sentiment in the remaining days of the year as investors take profit from the recent gains.
