Trading activities in the Nigerian Equities Market closed positive today, Tuesday (12/12/2023) by 0.33% as the NGX-ASI increased to 71,907.26 from 71,669.91 recorded at the close of the previous trading day; indicating a YTD return of +40.30%.
Similarly, the market capitalization increased today by N129.87 billion to N39.35 trillion from N39.22 trillion recorded at the close of the previous trading day, also the market turnover increased to N5.88 billion from N3.85 billion.
The market breadth was positive at 1.00X as 24 stocks advanced and 24 stocks declined, while 71 stocks remained unchanged. INFINITY topped the gainers’ list with +9.79%, while GUINEAINS declined by -10.00% to lead the losers’ chart.
JBERGER recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 12th December 2023
MARKET STATISTICS
| CAP | N39,348,854,286,873.14 | One Day (ASI CHG) | +0.33% |
| Index | 71,907.26 | One Week (ASI CHG) | +0.92% |
| Volume | 319,556,627 | One Month (ASI CHG) | +1.51% |
| Value | N5,877,987,965.69 | Six Months (ASI CHG) | +19.88% |
| Deals | 6,498 | 52 Weeks (ASI CHG) | +47.05% |
| Gainers | 24 | Losers | 24 |
| Unchanged | 71 | Total | 119 |
| YTD Returns | +40.30% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.33 |
| NGX30 | 0.40 |
| NGXBNK | 0.67 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.49 |
| NGXLOTUSISLM | 0.21 |
| NGXOILGAS | -1.03 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| INFINITY | 1.94 | 2.13 | 0.19 | 9.79 |
| SCOA | 1.48 | 1.62 | 0.14 | 9.46 |
| DAARCOMM | 0.34 | 0.37 | 0.03 | 8.82 |
| ROYALEX | 0.59 | 0.64 | 0.05 | 8.47 |
| NEIMETH | 1.90 | 2.05 | 0.15 | 7.89 |
| UPL | 2.56 | 2.75 | 0.19 | 7.42 |
| RTBRISCOE | 0.56 | 0.60 | 0.04 | 7.14 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| GUINEAINS | 0.30 | 0.27 | -0.03 | -10.00 |
| CONOIL | 86.50 | 78.00 | -8.50 | -9.83 |
| JULI | 0.72 | 0.65 | -0.07 | -9.72 |
| OMATEK | 0.80 | 0.73 | -0.07 | -8.75 |
| THOMASWY | 3.32 | 3.05 | -0.27 | -8.13 |
| WAPIC | 0.70 | 0.65 | -0.05 | -7.14 |
| IKEJAHOTEL | 4.62 | 4.35 | -0.27 | -5.84 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JBERGER | 34.40 | 42 | 42,539,456 |
| ZENITHBANK | 35.50 | 458 | 22,992,025 |
| FCMB | 6.80 | 176 | 22,860,782 |
| GTCO | 39.50 | 257 | 21,588,304 |
| ACCESSCORP | 20.40 | 405 | 18,802,104 |
| FIDELITYBK | 9.10 | 189 | 16,530,014 |
| MBENEFIT | 0.52 | 21 | 15,792,286 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| JBERGER | 34.40 | 42 | 1,463,298,825.95 |
| GTCO | 39.50 | 257 | 849,271,908.80 |
| ZENITHBANK | 35.50 | 458 | 811,975,478.20 |
| SEPLAT | 2310.00 | 45 | 454,274,145.00 |
| ACCESSCORP | 20.40 | 405 | 380,133,493.25 |
| MTNN | 245.00 | 242 | 373,364,028.80 |
| UBA | 23.20 | 340 | 311,745,099.95 |
OUTLOOK
The Equities market closed in green for the 2nd consecutive day. This is a reflection of investors’ improved confidence in the market following the Moody’s enhanced outlook of Nigeria’s economy. Therefore, we expect the market to continue in the positive direction for the remaining days of the week.
