Trading activities in the Nigerian Equities Market closed positive today, Friday (29/12/2023) by 0.36% as the NGX-ASI increased to 74,773.77 from 74,502.58 recorded at the close of the previous trading day; indicating a YTD return of +45.90%.
Similarly, the market capitalization increased today by N148.45 billion to N40,918 trillion from N40.769 trillion recorded at the close of the previous trading day, also the market turnover increased to N12.820 billion from N5.667 billion.
The market breadth was positive at 3.2X as 48 stocks advanced and 15 stocks declined, while 53 stocks remained unchanged. TRANSCOHOT topped the gainers’ list with +10.00%, while SUNUASSUR declined by -5.17% to lead the losers’ chart.
ZENITHBANK recorded the highest volume while GEREGU recorded the highest value for the day.
Read: NGX Price List for Friday, 29th December 2023
MARKET STATISTICS
| CAP | N40,917,505,193,196.39 | One Day (ASI CHG) | +0.36% |
| Index | 74,773.77 | One Week (ASI CHG) | +1.01% |
| Volume | 368,629,606.00 | One Month (ASI CHG) | +4.89% |
| Value | N12,820,167,080.02 | Six Months (ASI CHG) | +22.64% |
| Deals | 6,732 | 52 Weeks (ASI CHG) | +48.66% |
| Gainers | 48 | Losers | 15 |
| Unchanged | 53 | Total | 116 |
| YTD Returns | +45.90% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.36 |
| NGX30 | 0.46 |
| NGXBNK | 1.12 |
| NGXCNSMRGDS | -1.42 |
| NGXINDUSTR | 0.01 |
| NGXINS | 2.85 |
| NGXLOTUSISLM | -0.20 |
| NGXOILGAS | 0.11 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| TRANSCOHOT | 63.80 | 70.18 | 6.38 | 10.00 |
| LEARNAFRCA | 2.90 | 3.19 | 0.29 | 10.00 |
| MULTIVERSE | 16.89 | 18.57 | 1.68 | 9.95 |
| ABBEYBDS | 2.02 | 2.22 | 0.20 | 9.90 |
| IMG | 12.25 | 13.45 | 1.20 | 9.80 |
| DAARCOMM | 0.82 | 0.90 | 0.08 | 9.76 |
| CONHALLPLC | 1.34 | 1.47 | 0.13 | 9.70 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SUNUASSUR | 1.16 | 1.10 | -0.06 | -5.17 |
| FTNCOCOA | 1.55 | 1.48 | -0.07 | -4.52 |
| NAHCO | 26.60 | 25.40 | -1.20 | -4.51 |
| TANTALIZER | 0.49 | 0.47 | -0.02 | -4.08 |
| STERLINGNG | 4.43 | 4.29 | -0.14 | -3.16 |
| ROYALEX | 0.65 | 0.63 | -0.02 | -3.08 |
| BUAFOODS | 198.90 | 193.40 | -5.50 | -2.77 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ZENITHBANK | 38.65 | 380 | 28,878,622 |
| CONHALLPLC | 1.47 | 93 | 26,624,068 |
| JAIZBANK | 1.94 | 269 | 24,609,240 |
| GEREGU | 399.00 | 260 | 20,047,300 |
| ACCESSCORP | 23.15 | 307 | 17,627,335 |
| UBA | 25.65 | 340 | 16,130,286 |
| TRANSCORP | 8.66 | 328 | 12,613,972 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GEREGU | 399.00 | 260 | 7,220,147,165.50 |
| ZENITHBANK | 38.65 | 380 | 1,115,574,383.30 |
| GTCO | 40.50 | 167 | 484,894,336.25 |
| JBERGER | 43.00 | 59 | 414,777,002.20 |
| ACCESSCORP | 23.15 | 307 | 407,061,711.55 |
| UBA | 25.65 | 340 | 404,627,960.70 |
| AIRTELAFRI | 1887.00 | 33 | 320,678,734.60 |
OUTLOOK
The Equities market closed positive at the end of today’s trading to round up the 2023 trading days. We anticipate investors sentiments in the local equities market to remain strong in the coming week.
