Trading activities in the Nigerian Equities Market closed positive today, Monday (18/09/2023) by 0.71% as the NGX-ASI increased to 67,877.17 from 67,395.74 recorded at the close of the previous trading day; indicating a YTD return of +32.44%.
Similarly, the market capitalization increased today by N263.49 billion to N37.149 trillion from N36.886 trillion recorded at the close of the previous trading day, while the market turnover increased to N8.92 billion from N5.23 billion.
The market breadth was positive at 1.07X as 28 stocks advanced and 26 stocks declined, while 57stocks remained unchanged. CHAMS topped the gainers’ list with +10.00%, while OMATEK declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume while AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Monday, 18th September 2023
MARKET STATISTICS
| CAP | N37,149,655,578,951.57 | One Day (ASI CHG) | 0.71% |
| Index | 67,877.17 | One Week (ASI CHG) | 0.86% |
| Volume | 515,280,396 | One Month (ASI CHG) | +4.88% |
| Value | N8,925,828,719.09 | Six Months (ASI CHG) | +23.60% |
| Deals | 8,357 | 52 Weeks (ASI CHG) | +37.29% |
| Gainers | 28 | Losers | 26 |
| Unchanged | 57 | Total | 111 |
| YTD Returns | +32.44% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.71 |
| NGX30 | 0.93 |
| NGXBNK | 1.43 |
| NGXCNSMRGDS | 0.16 |
| NGXINDUSTR | -0.06 |
| NGXINS | 0.14 |
| NGXLOTUSISLM | 0.17 |
| NGXOILGAS | -0.38 |
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| NNFM | 13.50 | 14.85 | 1.35 | 10.00 |
| OANDO | 11.00 | 12.10 | 1.10 | 10.00 |
| CHAMS | 1.10 | 1.21 | 0.11 | 10.00 |
| STANBIC | 68.90 | 75.50 | 6.60 | 9.58 |
| LASACO | 1.92 | 2.10 | 0.18 | 9.38 |
| TRANSCOHOT | 44.90 | 48.90 | 4.00 | 8.91 |
| ABBEYBDS | 1.70 | 1.85 | 0.15 | 8.82 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| OMATEK | 0.40 | 0.36 | -0.04 | -10.00 |
| SKYAVN | 28.15 | 25.35 | -2.80 | -9.95 |
| BETAGLAS | 51.85 | 46.70 | -5.15 | -9.93 |
| REDSTAREX | 3.06 | 2.80 | -0.26 | -8.50 |
| COURTVILLE | 0.59 | 0.54 | -0.05 | -8.47 |
| DAARCOMM | 0.25 | 0.23 | -0.02 | -8.00 |
| UNITYBNK | 1.24 | 1.16 | -0.08 | -6.45 |
Top 7 Traded Stocks By Volume
| Securities | Close Price (N) | Number of Trades | Daily Volume |
| UBA | 17.85 | 993 | 109,473,339 |
| UNIVINSURE | 0.21 | 73 | 65,402,499 |
| TRANSCORP | 6.30 | 642 | 42,306,915 |
| ACCESSCORP | 17.45 | 563 | 40,186,184 |
| CHAMS | 1.21 | 128 | 32,177,237 |
| FCMB | 6.20 | 188 | 19,399,748 |
| JAPAULGOLD | 0.86 | 169 | 19,205,210 |
Top 7 Traded Stocks By Value
| Securities | Close Price (N) | Number of Trades | Daily Value (N) |
| AIRTELAFRI | 1270.00 | 56 | 2,716,573,725.00 |
| UBA | 17.85 | 993 | 1,934,281,211.65 |
| ACCESSCORP | 17.45 | 563 | 703,405,470.85 |
| GTCO | 35.25 | 389 | 453,899,388.05 |
| WAPCO | 28.90 | 219 | 423,447,456.00 |
| ZENITHBANK | 33.15 | 386 | 395,724,728.50 |
| TRANSCORP | 6.30 | 642 | 264,950,266.28 |
OUTLOOK
We expect the mixed sentiment to continue in the coming trading sessions as we see investors leaning towards companies with strong corporate actions. They also predicted to continue to cherry pick stocks with strong fundamentals and improved dividend yield.
