Bears Sustain Dominance As Equities Market Shed N58.48 Billion.

Trading activities in the Nigerian Equities Market closed negative today, Tuesday (15/08/2023) by 0.17% as the NGX-ASI decreased to 64,928.98 compared to 65,210.49 recorded at the close of the previous trading day; indicating a YTD return of +26.90%.

Similarly, the market capitalization decreased today by N58.48 billion to N35.357 trillion from N35.415 trillion recorded at the close of the previous trading day, while the market turnover increased to N4.645 billion from N4.205 billion recorded at the close of the previous trading day.

The market breadth was negative at 0.58x as 18 stocks advanced and 31 stocks declined, while 64 stocks remained unchanged. TANTALIZER topped the gainers’ list with +10.00% , while ETERNA declined by -9.86% to lead the losers’ chart.

TRANSCORP recorded the highest volume of stocks traded while MTNN recorded the highest value for the day.

Read: NGX Price List for Tuesday, 15th August 2023

MARKET STATISTICS

CAPN35,356,599,150,822.13One Day (ASI CHG)-0.17%
Index64,928.98One Week (ASI CHG)-0.58%
Volume280,468,742One Month (ASI CHG)+1.82%
ValueN4,645,346,446.26Six Months (ASI CHG)+19.34%
Deals6,29652 Weeks (ASI CHG)+30.95%
Gainers18Losers31
Unchanged64Total113
YTD Returns+26.90%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change
ASI-0.17
NGX30-0.16
NGXBNK-0.08
NGXCNSMRGDS-0.68
NGXINDUSTR-0.06
NGXINS1.32
NGXLOTUSISLM-0.16
NGXOILGAS-0.4

Top 7 Gainers

SecurityPrevious Close (N) Close Price (N) Price Change%Change
TANTALIZER0.40 0.44 0.04 10.00 
IKEJAHOTEL2.85 3.13 0.28 9.82 
CORNERST1.29 1.41 0.12 9.30 
LINKASSURE0.84 0.91 0.07 8.33 
WEMABANK4.64 5.00 0.36 7.76 
ABBEYBDS1.59 1.70 0.11 6.92 
WAPIC0.61 0.65 0.04 6.56 

Top 7 Losers

SecurityPrevious Close (N) Close Price (N) Price Change%Change
ETERNA17.75 16.00 -1.75 -9.86 
SUNUASSUR1.04 0.94 -0.10 -9.62 
OMATEK0.37 0.34 -0.03 -8.11 
UNILEVER15.60 14.50 -1.10 -7.05 
AIICO0.71 0.67 -0.04 -5.63 
CAVERTON1.36 1.29 -0.07 -5.15 
GUINEAINS0.40 0.38 -0.02 -5.00 

Top 7 Traded Stocks By Volume

SecurityClose Price (N) Number of Trades      Volume 
TRANSCORP4.00 244 36,469,318 
UBA14.00 367 23,242,322 
ACCESSCORP16.95 375 17,667,416 
STERLINGNG3.60 190 15,973,621 
JAPAULGOLD0.94 93 11,398,811 
ZENITHBANK34.40 301 11,302,105 
WEMABANK5.00 126 10,378,377 

Top 7 Traded Stocks By Value

SecurityClose Price (N) Number of Trades    Value (N) 
MTNN280.00 300 972,337,571.10 
STANBIC63.40 35 477,924,830.40 
NESTLE1170.00 43 454,834,602.00 
ZENITHBANK34.40 301 383,569,203.35 
UBA14.00 367 325,416,640.55 
ACCESSCORP16.95 375 299,366,061.65 
GTCO37.40 273 288,331,936.45 

OUTLOOK

The Nigerian Equities market closed negative in today’s trading. Market is expected to continue to experience mixed performance as companies continue to release their half year financial earnings and dividends payouts along with uncertainty of the Nation’s foreign reserve and plunging value of the Naira.

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