Equities Market Sustains Bullish Run As ASI Appreciates By 0.78%

Trading activities in the Nigerian Equities Market closed positive today, Wednesday (06/12/2023) by 0.78% as the NGX-ASI increased to71,808.64 from 71,250.17 recorded at the close of the previous trading day; indicating a YTD return of +40.11%.

Similarly, the market capitalization increased today by N305.61 billion to N39.29 trillion from N38.99 trillion recorded at the close of the previous trading day, the market turnover also increased to N12.10 billion from N11.01 billion.

The market breadth was positive at 1.57X as 33 stocks advanced and 21 stocks declined, while 63 stocks remained unchanged. THOMASWY topped the gainers’ list with +9.93%, while MANSARD declined by -9.69% to lead the losers’ chart.

GTCO recorded the highest volume and value for the day.

Read: NGX Price List for Wednesday, 6th December 2023

MARKET STATISTICS

CAPN39,294,890,330,363.82One Day (ASI CHG)+0.78%
Index71,808.64One Week (ASI CHG)+0.74%
Volume690,010,963One Month (ASI CHG)+1.46%
ValueN12,100,603,792.63Six Months (ASI CHG)+28.33%
Deals8,41252 Weeks (ASI CHG)+48.87%
Gainers33Losers21
Unchanged63Total117
YTD Returns+40.11%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI 0.78
NGX30 0.78
NGXBNK 5.01
NGXCNSMRGDS -0.11
NGXINDUSTR -0.02
NGXINS-2.00
NGXLOTUSISLM 0.01
NGXOILGAS 0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N) Price Change %Change
THOMASWY3.023.320.309.93
FBNH26.7529.402.659.91
MULTIVERSE7.077.770.709.90
ETI17.2018.901.709.88
INFINITY1.341.470.139.70
DAARCOMM0.310.340.039.68
ACCESSCORP19.3521.101.759.04

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change%Change
MANSARD4.544.10-0.44-9.69
GUINEAINS0.310.28-0.03-9.68
OANDO11.5010.45-1.05-9.13
OMATEK0.860.79-0.07-8.14
UNIVINSURE0.270.25-0.02-7.41
NEIMETH2.252.11-0.14-6.22
CAVERTON1.651.55-0.10-6.06

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of Trades Volume
GTCO39.7260               76,703,128
UBA22703               74,567,278
FIDELITYBK9.15372               65,632,646
ACCESSCORP21.1827               64,176,343
UNIVINSURE0.2595               47,129,355
ZENITHBANK36.1577               38,615,087
FCMB6.95282               37,356,524

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of Trades Daily Value(N)
GTCO39.7260   3,039,606,757.60
UBA22703   1,657,707,620.60
ZENITHBANK36.1577   1,367,213,771.25
ACCESSCORP21.1827   1,337,155,238.50
MTNN238.6294       938,900,124.50
FBNH29.4281       728,186,866.80
FIDELITYBK9.15372       596,317,743.55

OUTLOOK

Activities on the Nigerian Exchange (NGX) closed positive for the day crossing 40.11 point year-to-date (ytd). The trading performance is anticipated to continue with an impressive outlook before market closes for the year.

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