Trading activities in the Nigerian Equities Market closed positive today Monday (10/07/2023) as the NGX-ASI increased by 2.48% to close at 64,603.69 compared to 63,040.87 recorded at the close of the previous trading day; indicating a YTD return of +26.05%.
Similarly, the market capitalization increased by N851 billion to N35.1774 trillion from N34.3264 trillion recorded at the close of the previous trading day, while the market turnover increased to N22.03 billion from N13.85 billion recorded at the close of the previous trading day.
The market breadth was positive at 3.63 x as 69 stocks advanced and 19 stocks declined, while 37 stocks remained unchanged. DANGCEM topped the gainers’ list with +10.00%, while PHARMDEKO declined by -9.85% to lead the losers’ chart.
FBNH recorded the highest volume and highest value for the day.
Read: NGX Price List for Monday, 10th July 2023
MARKET STATISTICS
| CAP | N35,177,350,281,857.69 | One Day (ASI CHG) | +2.48% |
| Index | 64,603.69 | One Week (ASI CHG) | +4.28% |
| Volume | 1,839,046,861 | One Month (ASI CHG) | +15.51% |
| Value | N22,033,063,696.22 | Six Months (ASI CHG) | +25.57% |
| Deals | 14,584 | 52 Weeks (ASI CHG) | +25.30% |
| Gainers | 69 | Losers | 19 |
| Unchanged | 37 | Total | 125 |
| YTD Returns | +26.05% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Securities | %Change |
| ASI | 2.48 |
| NGX30 | 2.71 |
| NGXBNK | 1.73 |
| NGXCNSMRGDS | -0.18 |
| NGXINDUSTR | 5.13 |
| NGXINS | 4.18 |
| NGXLOTUSISLM | 1.86 |
| NGXOILGAS | 2.61 |
Source: Ngxgroup.com, GTI Research
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Price Change | %Change |
| DANGCEM | 300.10 | 330.10 | 30.00 | 10.00 |
| MRS | 99.50 | 109.45 | 9.95 | 10.00 |
| NEIMETH | 2.00 | 2.20 | 0.20 | 10.00 |
| JAIZBANK | 1.80 | 1.98 | 0.18 | 10.00 |
| DAARCOMM | 0.20 | 0.22 | 0.02 | 10.00 |
| TRANSCOHOT | 32.65 | 35.91 | 3.26 | 9.98 |
| CONOIL | 102.30 | 112.50 | 10.20 | 9.97 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price (N) | Price Change | %Change |
| PHARMDEKO | 2.03 | 1.83 | -0.20 | -9.85 |
| UNIONDICON | 8.95 | 8.10 | -0.85 | -9.50 |
| BERGER | 11.00 | 10.00 | -1.00 | -9.09 |
| GUINEAINS | 0.26 | 0.24 | -0.02 | -7.69 |
| CHAMPION | 4.60 | 4.35 | -0.25 | -5.43 |
| OANDO | 5.80 | 5.60 | -0.20 | -3.45 |
| NAHCO | 19.15 | 18.55 | -0.60 | -3.13 |
Top 7 Traded Stocks By Volume
| Securities | Close Price( N) | Number of Trades | Volume |
| FBNH | 22.30 | 425 | 198,221,527 |
| UNIVINSURE | 0.29 | 257 | 184,655,572 |
| STERLINGNG | 4.50 | 596 | 161,679,200 |
| TRANSCORP | 4.50 | 552 | 156,417,432 |
| AIICO | 0.77 | 224 | 98,321,557 |
| FCMB | 7.00 | 525 | 96,950,598 |
| UBA | 14.90 | 912 | 91,702,713 |
Top 7 Traded Stocks By Value
| Securities | Close Price ( N) | Number of Trades | Value ( N) |
| FBNH | 22.30 | 425 | 4,417,536,100.40 |
| MTNN | 280.00 | 429 | 3,351,714,532.50 |
| ZENITHBANK | 34.80 | 590 | 1,688,149,237.20 |
| DANGCEM | 330.10 | 344 | 1,685,005,124.40 |
| GTCO | 36.00 | 514 | 1,476,583,929.75 |
| UBA | 14.90 | 912 | 1,382,173,618.75 |
| ACCESSCORP | 18.90 | 716 | 1,002,853,589.55 |
OUTLOOK
Market outstanding run is sustained on positive sentiments to begin the week impressively. Rally is projected to be maintained as inflow continues to increase from investors.
