Equities Market Gained 2.26% NGX-ASI For The Week.

Trading activities in the Nigerian Equities Market closed negative today, Friday (22/12/2023) by 0.36% as the NGX-ASI decreased to 74,023.27 from 74,289.02 recorded at the close of the previous trading day; indicating a YTD return of +44.43%.

Similarly, the market capitalization decreased today by N145.42 billion to N40.507 trillion from N40.652 trillion recorded at the close of the previous trading day, also the market turnover increased to N16.58 billion from N13.026 billion.

The market breadth was positive at 1.68X as 32 stocks advanced and 19 stocks declined, while 66 stocks remained unchanged. TRANSCOHOT topped the gainers’ list with +10.00%, while CONHALLPLC declined by -8.73% to lead the losers’ chart.

UNIVINSURE recorded the highest volume while GEREGU recorded the highest value for the day.

Read: NGX Price List for Friday, 22nd December 2023

MARKET STATISTICS

CAPN40,506,771,442,303.07One Day (ASI CHG)-0.36%
Index74,023.27One Week (ASI CHG)+2.26%
Volume423,301,833One Month (ASI CHG)+4.25%
ValueN16,584,667,838.80Six Months (ASI CHG)+25.03%
Deals6,33352 Weeks (ASI CHG)+49.54%
Gainers32Losers19
Unchanged66Total117
YTD Returns+44.43%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-0.36
NGX30-0.03
NGXBNK-0.77
NGXCNSMRGDS-0.03
NGXINDUSTR-0.03
NGXINS1.17
NGXLOTUSISLM-0.35
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
TRANSCOHOT58.0063.805.8010.00
MULTIVERSE12.7013.971.2710.00
INFINITY4.124.530.419.95
UCAP20.9523.002.059.79
ABBEYBDS1.681.840.169.52
DAARCOMM0.630.690.069.52
REGALINS0.340.370.038.82

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
CONHALLPLC1.261.15-0.11-8.73
INTBREW4.804.40-0.40-8.33
PRESTIGE0.510.47-0.04-7.84
ABCTRANS0.820.76-0.06-7.32
GUINEAINS0.290.27-0.02-6.90
VITAFOAM22.5021.25-1.25-5.56
FCMB7.707.30-0.40-5.19

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of TradesVolume 
UNIVINSURE0.264341,944,421
TRANSCORP8.8054441,933,376
MBENEFIT0.522530,198,502
JAIZBANK1.6012327,584,473
ZENITHBANK37.9035426,295,298
GTCO40.0517220,712,155
ACCESSCORP23.2041020,441,014

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesValue(N)
GEREGU399.002326,622,967,041.50
SEPLAT2310.00362,769,902,720.70
ZENITHBANK37.903541,000,694,343.65
GTCO40.05172829,309,690.75
MTNN250.00242550,647,721.20
DANGSUGAR57.45198492,759,038.85
ACCESSCORP23.20410476,712,695.30

OUTLOOK

The Equities market loss today but gained for the week to establish the Yuletide mood. As investors continue to focus on maximizing returns, and a step toward ensuring sustainable profitability, we expect the market to move towards the positive direction in the coming week.

WhatsApp
Facebook
LinkedIn
X