Trading activities in the Nigerian Equities Market closed positive today, Thursday (03/08/2023) by 1.55% as the NGX-ASI increased to 65,263.06 compared to 64,267.36 recorded at the close of the previous trading day; indicating a YTD return of +27.34%.
Similarly, the market capitalization increased today by N542 billion to N35.515 trillion from N34.973 trillion recorded at the close of the previous trading day, while the market turnover increased to N5.09 billion from N4.27 billion recorded at the close of the previous trading day.
The market breadth was positive at 5.56x as 50 stocks advanced and 9 stocks declined, while 58 stocks remained unchanged. NB topped the gainers’ list with +10.00%, while ETERNA declined by -9.83% to lead the losers’ chart.
STERLINGNG recorded the highest volume and ACCESSCORP recorded the highest value for the day.
Read: NGX Price List for Thursday, 3rd August 2023
MARKET STATISTICS
| CAP | N35,515,126,956,688.18 | One Day (ASI CHG) | 1.55% |
| Index | 65,263.06 | One Week (ASI CHG) | -0.34% |
| Volume | 445,275,086 | One Month (ASI CHG) | +7.49% |
| Value | N5,087,085,091.88 | Six Months (ASI CHG) | +20.38% |
| Deals | 7,095 | 52 Weeks (ASI CHG) | +28.99% |
| Gainers | 50 | Losers | 9 |
| Unchanged | 58 | Total | 117 |
| YTD Returns | +27.34% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.55 |
| NGX30 | 1.59 |
| NGXBNK | 3.19 |
| NGXCNSMRGDS | 2.24 |
| NGXINDUSTR | 0.01 |
| NGXINS | 2.48 |
| NGXLOTUSISLM | 0.98 |
| NGXOILGAS | -0.57 |
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Change Price | % Change |
| NB | 38.00 | 41.80 | 3.80 | 10.00 |
| PZ | 16.50 | 18.15 | 1.65 | 10.00 |
| STERLINGNG | 3.30 | 3.63 | 0.33 | 10.00 |
| DANGSUGAR | 32.65 | 35.90 | 3.25 | 9.95 |
| NASCON | 35.75 | 39.30 | 3.55 | 9.93 |
| ABBEYBDS | 1.21 | 1.33 | 0.12 | 9.92 |
| FIDELITYBK | 7.40 | 8.10 | 0.70 | 9.46 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price (N) | Change Price | % Change |
| ETERNA | 25.95 | 23.40 | -2.55 | -9.83 |
| JOHNHOLT | 1.63 | 1.47 | -0.16 | -9.82 |
| THOMASWY | 1.17 | 1.06 | -0.11 | -9.40 |
| COURTVILLE | 0.66 | 0.60 | -0.06 | -9.09 |
| STANBIC | 69.50 | 65.00 | -4.50 | -6.47 |
| RTBRISCOE | 0.51 | 0.48 | -0.03 | -5.88 |
| CUSTODIAN | 7.85 | 7.50 | -0.35 | -4.46 |
Top 7 Traded Stocks By Volume
| Securities | Close Price (N) | Number of Trades | Daily Volume |
| STERLINGNG | 3.63 | 170 | 69,452,283 |
| FCMB | 6.49 | 244 | 33,332,507 |
| ACCESSCORP | 17.45 | 349 | 32,985,003 |
| JAPAULGOLD | 1.00 | 163 | 28,366,268 |
| FIDELITYBK | 8.10 | 222 | 27,551,123 |
| UBA | 14.35 | 350 | 21,759,162 |
| FBNH | 18.25 | 290 | 21,033,675 |
Top 7 Traded Stocks By Value
| Securities | Close Price (N) | Number of Trades | Daily Value (N) |
| ACCESSCORP | 17.45 | 349 | 568,981,699.75 |
| DANGSUGAR | 35.90 | 479 | 471,652,542.40 |
| GTCO | 36.30 | 251 | 421,976,426.75 |
| ZENITHBANK | 33.60 | 304 | 411,624,075.00 |
| FBNH | 18.25 | 290 | 386,344,779.55 |
| UBA | 14.35 | 350 | 310,507,900.35 |
| MTNN | 280.00 | 368 | 310,481,382.00 |
OUTLOOK
We expect positive sentiment in the market, as Investors react to commencement of the release of half year earnings of some quoted companies often accompanied with impressive corporate actions.
