Trading activities in the Nigerian Equities Market closed positive today, Tuesday (19/09/2023) by 0.71% as the NGX-ASI increased to 68,359.22 from 67,877.17 recorded at the close of the previous trading day; indicating a YTD return of +33.38%.
Similarly, the market capitalization increased today by N263 billion to N37.413 trillion from N37.149 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.89 billion from N8.92 billion.
The market breadth was positive at 1.30X as 35 stocks advanced and 27 stocks declined, while 55 stocks remained unchanged. ELLAHLAKES topped the gainers’ list with +10.00%, while SCOA declined by -10.00% to lead the losers’ chart.
UNIVINSURE recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Tuesday, 19th September 2023
MARKET STATISTICS
| CAP | N37,413,489,685,984.71 | One Day (ASI CHG) | 0.71% |
| Index | 68,359.22 | One Week (ASI CHG) | 2.40% |
| Volume | 676,736,144 | One Month (ASI CHG) | +4.38% |
| Value | N5,893,547,003.50 | Six Months (ASI CHG) | +24.43% |
| Deals | 7,659 | 52 Weeks (ASI CHG) | +38.27% |
| Gainers | 35 | Losers | 27 |
| Unchanged | 55 | Total | 117 |
| YTD Returns | +33.38% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.71 |
| NGX30 | 0.83 |
| NGXBNK | -0.11 |
| NGXCNSMRGDS | 3.07 |
| NGXINDUSTR | 0 |
| NGXINS | -0.37 |
| NGXLOTUSISLM | 1.07 |
| NGXOILGAS | -0.16 |
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| ELLAHLAKES | 3.30 | 3.63 | 0.33 | 10.00 |
| BERGER | 10.55 | 11.60 | 1.05 | 9.95 |
| ETRANZACT | 7.35 | 8.08 | 0.73 | 9.93 |
| CHAMS | 1.21 | 1.33 | 0.12 | 9.92 |
| OANDO | 12.10 | 13.30 | 1.20 | 9.92 |
| LIVESTOCK | 1.83 | 2.01 | 0.18 | 9.84 |
| JOHNHOLT | 1.43 | 1.57 | 0.14 | 9.79 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| SCOA | 1.40 | 1.26 | -0.14 | -10.00 |
| NSLTECH | 0.30 | 0.27 | -0.03 | -10.00 |
| MULTIVERSE | 3.02 | 2.72 | -0.30 | -9.93 |
| CORNERST | 1.37 | 1.25 | -0.12 | -8.76 |
| DAARCOMM | 0.23 | 0.21 | -0.02 | -8.70 |
| UNILEVER | 14.50 | 13.30 | -1.20 | -8.28 |
| TANTALIZER | 0.38 | 0.35 | -0.03 | -7.89 |
Top 7 Traded Stocks By Volume
| Securities | Close Price (N) | Number of Trades | Daily Volume |
| UNIVINSURE | 0.21 | 115 | 235,152,473 |
| UBA | 17.5 | 747 | 69,101,755 |
| TRANSCORP | 6.51 | 455 | 41,572,573 |
| FIDELITYBK | 8.45 | 333 | 34,639,345 |
| CHAMS | 1.33 | 117 | 29,959,170 |
| ACCESSCORP | 17.4 | 425 | 23,619,019 |
| FBNH | 17.4 | 194 | 18,079,251 |
Top 7 Traded Stocks By Value
| Securities | Close Price (N) | Number of Trades | Daily Value (N) |
| UBA | 17.5 | 747 | 1,223,690,113.95 |
| STANBIC | 78 | 169 | 646,186,821.05 |
| ZENITHBANK | 33 | 437 | 465,737,299.80 |
| ACCESSCORP | 17.4 | 425 | 411,079,938.05 |
| GTCO | 35.4 | 227 | 405,089,657.85 |
| DANGCEM | 365 | 87 | 321,218,586.00 |
| FBNH | 17.4 | 194 | 317,376,492.10 |
OUTLOOK
The Nigerian Equity market maintains bullish trend to close for the day.. We foresee the trend to continue as investors continue bargain-hunting ahead of dividend qualifying dates for fundamentally sound stocks.
