Trading activities in the Nigerian Equities Market closed positive today, Tuesday (05/12/2023) by 0.43% as the NGX-ASI increased to 71,250.17 from 70,946.83 recorded at the close of the previous trading day; indicating a YTD return of +39.02%.
Similarly, the market capitalization increased today by N165.99 billion to N38.99 trillion from N38.82 trillion recorded at the close of the previous trading day, the market turnover also increased to N11.01 billion from N7.10 billion.
The market breadth was positive at 2.44X as 39 stocks advanced and 16 stocks declined, while 63 stocks remained unchanged. NSLTECH topped the gainers’ list with +10.00%, while ABBEYBDS declined by -9.88% to lead the losers’ chart.
UACN recorded the highest volume while NIDF recorded the highest value for the day.
Read: NGX Price List for Tuesday, 5th December 2023
MARKET STATISTICS
| CAP | N38,989,283,800,141.24 | One Day (ASI CHG) | +0.43% |
| Index | 71,250.17 | One Week (ASI CHG) | +0.29% |
| Volume | 428,124,405 | One Month (ASI CHG) | +0.90% |
| Value | N11,012,105,482.89 | Six Months (ASI CHG) | +27.18% |
| Deals | 6,904 | 52 Weeks (ASI CHG) | +47.61% |
| Gainers | 39 | Losers | 16 |
| Unchanged | 63 | Total | 118 |
| YTD Returns | +39.02% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.43 |
| NGX30 | 0.43 |
| NGXBNK | 1.45 |
| NGXCNSMRGDS | 0.08 |
| NGXINDUSTR | 1.94 |
| NGXINS | -0.17 |
| NGXLOTUSISLM | 0.03 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NSLTECH | 0.70 | 0.77 | 0.07 | 10.00 |
| MULTIVERSE | 6.43 | 7.07 | 0.64 | 9.95 |
| SUNUASSUR | 1.21 | 1.33 | 0.12 | 9.92 |
| FBNH | 24.35 | 26.75 | 2.40 | 9.86 |
| THOMASWY | 2.75 | 3.02 | 0.27 | 9.82 |
| NEIMETH | 2.05 | 2.25 | 0.20 | 9.76 |
| NNFM | 38.70 | 42.45 | 3.75 | 9.69 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| ABBEYBDS | 1.72 | 1.55 | -0.17 | -9.88 |
| FTNCOCOA | 1.65 | 1.50 | -0.15 | -9.09 |
| DAARCOMM | 0.34 | 0.31 | -0.03 | -8.82 |
| WAPIC | 0.70 | 0.65 | -0.05 | -7.14 |
| VERITASKAP | 0.37 | 0.35 | -0.02 | -5.41 |
| CONHALLPLC | 1.26 | 1.20 | -0.06 | -4.76 |
| UNITYBNK | 1.57 | 1.50 | -0.07 | -4.46 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UACN | 16.00 | 78 | 61,710,833 |
| UBA | 21.30 | 426 | 58,297,245 |
| GTCO | 39.50 | 226 | 22,997,042 |
| NIDF | 108.40 | 54 | 20,517,592 |
| ACCESSCORP | 19.35 | 454 | 19,984,858 |
| FIDELITYBK | 8.90 | 214 | 15,993,691 |
| ZENITHBANK | 34.90 | 392 | 15,474,280 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| NIDF | 108.40 | 54 | 2,222,543,788.00 |
| AIRTELAFRI | 1763.00 | 31 | 2,120,143,315.30 |
| MTNN | 238.00 | 249 | 1,326,981,021.10 |
| UBA | 21.30 | 426 | 1,240,779,890.90 |
| UACN | 16.00 | 78 | 947,411,580.30 |
| GTCO | 39.50 | 226 | 908,186,648.85 |
| ZENITHBANK | 34.90 | 392 | 538,730,187.65 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day reversing yesterday’s loss. We expect the market performance to continue to move towards the positive direction throughout the remaining days of the week as investors continue to focus on fundamentally sound stocks.
