Trading activities in the Nigerian Equities Market closed Negative today, Thursday (07/09/2023) by 0.30% as the NGX-ASI decreased to 68,082.11 from 68,286.28 recorded at the close of the previous trading day; indicating a YTD return of +32.84%.
Similarly, the market capitalization decreased today by N111.75 billion to N37.261 trillion from N37.373 trillion recorded at the close of the previous trading day, while the market turnover increased to N8.38 billion from N5.48 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.83X as 25 stocks advanced and 30 stocks declined, while 61 stocks remained unchanged BETAGLAS topped the gainers’ list with +9.97%, while MORISON declined by -9.89% to lead the losers’ chart.
OANDO recorded the highest volume while NESTLE recorded the highest value for the day.
Read: NGX Price List for Thursday, 7th September 2023
MARKET STATISTICS
| CAP | N37,261,823,337,250.86 | One Day (ASI CHG) | -0.30% |
| Index | 68,082.11 | One Week (ASI CHG) | +2.30% |
| Volume | 378,089,058 | One Month (ASI CHG) | +4.25% |
| Value | N8,376,371,286.84 | Six Months (ASI CHG) | +22.44% |
| Deals | 8,106 | 52 Weeks (ASI CHG) | +37.16% |
| Gainers | 25 | Losers | 30 |
| Unchanged | 61 | Total | 116 |
| YTD Returns | +32.84% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.30 |
| NGX30 | -0.28 |
| NGXBNK | 0.10 |
| NGXCNSMRGDS | -0.65 |
| NGXINDUSTR | -0.71 |
| NGXINS | -0.03 |
| NGXLOTUSISLM | -0.43 |
| NGXOILGAS | -0.12 |
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Change Price | % Change |
| BETAGLAS | 47.15 | 51.85 | 4.70 | 9.97 |
| CADBURY | 14.20 | 15.60 | 1.40 | 9.86 |
| CWG | 4.79 | 5.26 | 0.47 | 9.81 |
| TANTALIZER | 0.42 | 0.46 | 0.04 | 9.52 |
| GUINEAINS | 0.33 | 0.36 | 0.03 | 9.09 |
| ACADEMY | 2.06 | 2.24 | 0.18 | 8.74 |
| VERITASKAP | 0.24 | 0.26 | 0.02 | 8.33 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price (N) | Change Price | % Change |
| MORISON | 2.83 | 2.55 | -0.28 | -9.89 |
| COURTVILLE | 0.65 | 0.60 | -0.05 | -7.69 |
| NASCON | 60.75 | 56.60 | -4.15 | -6.83 |
| RTBRISCOE | 0.44 | 0.41 | -0.03 | -6.82 |
| WEMABANK | 5.45 | 5.10 | -0.35 | -6.42 |
| CAVERTON | 1.34 | 1.27 | -0.07 | -5.22 |
| OANDO | 7.35 | 7.00 | -0.35 | -4.76 |
Top 7 Traded Stocks By Volume
| Securities | Close Price (N) | Number of Trades | Daily Volume |
| OANDO | 7.00 | 1238 | 91,635,279 |
| OMATEK | 0.64 | 180 | 29,972,966 |
| DANGSUGAR | 64.00 | 760 | 23,393,964 |
| FIDELITYBK | 8.75 | 285 | 22,165,622 |
| ACCESSCORP | 17.40 | 306 | 20,803,660 |
| FCMB | 6.51 | 112 | 15,191,587 |
| UBA | 15.30 | 272 | 14,742,053 |
Top 7 Traded Stocks By Value
| Securities | Close Price (N) | Number of Trades | Daily Value (N) |
| NESTLE | 1075.00 | 68 | 1,930,982,213.60 |
| DANGSUGAR | 64.00 | 760 | 1,483,941,398.25 |
| OKOMUOIL | 250.00 | 41 | 1,083,980,993.70 |
| OANDO | 7.00 | 1238 | 678,965,552.45 |
| ACCESSCORP | 17.40 | 306 | 361,865,493.35 |
| DANGCEM | 365.00 | 121 | 289,897,399.00 |
| NB | 38.10 | 83 | 242,786,788.75 |
OUTLOOK
The stock market closed negative at the end of today’s trading session. We expect mixed sentiment as investors continue to cherry pick fundamentally sound stocks across board.
