Trading activities in the Nigerian Equities Market closed positive today, Tuesday (29/08/2023) by 0.51% as the NGX-ASI increased to 66,490.34 from 66,151.38 recorded at the close of the previous trading day; indicating a YTD return of +29.73%.
Similarly, the market capitalization increased today by N339.96 billion to N36.391 trillion from N36.205 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.01 billion from N3.92 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.13X as 34 stocks advanced and 30 stocks declined, while 51 stocks remained unchanged. FLOURMILL and CHAMPION topped the gainers’ list with +10.00% , while CWG and LINKASSURE declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume while NESTLE was the highest value for the day.
Read: NGX Price List for Tuesday, 29th August 2023
MARKET STATISTICS
| CAP | N36,390,636,261,189.10 | One Day (ASI CHG) | +0.51% |
| Index | 66,490.34 | One Week (ASI CHG) | +1.46% |
| Volume | 436,956,185 | One Month (ASI CHG) | +2.82% |
| Value | N7,013,772,658.96 | Six Months (ASI CHG) | +18.54% |
| Deals | 7,932 | 52 Weeks (ASI CHG) | +33.15% |
| Gainers | 34 | Losers | 30 |
| Unchanged | 51 | Total | 115 |
| YTD Returns | +29.73% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.51 |
| NGX30 | 0.82 |
| NGXBNK | 1.63 |
| NGXCNSMRGDS | 0.99 |
| NGXINDUSTR | 0.21 |
| NGXINS | -1.56 |
| NGXLOTUSISLM | -0.22 |
| NGXOILGAS | -0.09 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| FLOURMILL | 30.00 | 33.00 | 3.00 | 10.00 |
| CHAMPION | 2.90 | 3.19 | 0.29 | 10.00 |
| NASCON | 49.20 | 54.10 | 4.90 | 9.96 |
| DANGSUGAR | 52.25 | 57.45 | 5.20 | 9.95 |
| NAHCO | 20.10 | 22.10 | 2.00 | 9.95 |
| HONYFLOUR | 3.12 | 3.43 | 0.31 | 9.94 |
| CHIPLC | 0.91 | 1.00 | 0.09 | 9.89 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CWG | 4.50 | 4.05 | -0.45 | -10.00 |
| LINKASSURE | 1.00 | 0.90 | -0.10 | -10.00 |
| PRESTIGE | 0.51 | 0.46 | -0.05 | -9.80 |
| UPL | 2.38 | 2.15 | -0.23 | -9.66 |
| RTBRISCOE | 0.49 | 0.45 | -0.04 | -8.16 |
| NEIMETH | 1.82 | 1.68 | -0.14 | -7.69 |
| ELLAHLAKES | 3.78 | 3.50 | -0.28 | -7.41 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 16.85 | 288 | 55,146,166 |
| JAPAULGOLD | 0.90 | 127 | 33,110,724 |
| UBA | 13.70 | 506 | 30,176,555 |
| ACCESSCORP | 16.55 | 452 | 25,354,347 |
| TRANSCORP | 7.01 | 181 | 18,219,281 |
| UNIVINSURE | 0.21 | 41 | 17,824,090 |
| GUINEAINS | 0.26 | 26 | 15,783,241 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| NESTLE | 1,100.00 | 127 | 1,323,870,268.10 |
| FBNH | 16.85 | 288 | 911,206,083.60 |
| ZENITHBANK | 33.50 | 365 | 487,816,468.80 |
| GTCO | 36.65 | 249 | 483,543,002.45 |
| ACCESSCORP | 16.55 | 452 | 414,374,493.90 |
| UBA | 13.70 | 506 | 412,171,747.65 |
| DANGSUGAR | 57.45 | 322 | 338,213,280.60 |
OUTLOOK
The Nigerian Equities market closed positive today to continue the impressive start from yesterday. The trading performance further shows the believe of investors in the market and it is projected that market sustains positive momentum this week.
