Trading activities in the Nigerian Equities Market closed positive today, Monday (18/12/2023) by 0.02% as the NGX-ASI increased to 72,404.91 from 72,389.23 recorded at the close of the previous trading day; indicating a YTD return of +41.27%.
Similarly, the market capitalization increased today by N8.58 billion to N39.62 trillion from N39.61 trillion recorded at the close of the previous trading day, also the market turnover increased to N4.397 billion from N6.567 billion.
The market breadth was positive at 0.53X as 17 stocks advanced and 32 stocks declined, while 67 stocks remained unchanged. INFINITY topped the gainers’ list with +9.93%, while ABCTRANS declined by -9.89% to lead the losers’ chart.
MBENEFIT recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Monday, 18th December 2023
MARKET STATISTICS
| CAP | N39,621,180,414,247.53 | One Day (ASI CHG) | +0.02% |
| Index | 72,404.91 | One Week (ASI CHG) | +1.03% |
| Volume | 324,249,891 | One Month (ASI CHG) | +1.97% |
| Value | N4,397,591,420.11 | Six Months (ASI CHG) | +22.49% |
| Deals | 6,745 | 52 Weeks (ASI CHG) | +46.82% |
| Gainers | 17 | Losers | 32 |
| Unchanged | 67 | Total | 116 |
| YTD Returns | +41.27% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.02 |
| NGX30 | 0.25 |
| NGXBNK | 0.07 |
| NGXCNSMRGDS | -0.09 |
| NGXINDUSTR | 0.03 |
| NGXINS | -1.30 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | 0.09 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| INFINITY | 2.82 | 3.10 | 0.28 | 9.93 |
| JOHNHOLT | 2.23 | 2.45 | 0.22 | 9.87 |
| TRANSCOHOT | 46.90 | 51.30 | 4.40 | 9.38 |
| SCOA | 1.74 | 1.89 | 0.15 | 8.62 |
| FTNCOCOA | 1.46 | 1.57 | 0.11 | 7.53 |
| DAARCOMM | 0.46 | 0.49 | 0.03 | 6.52 |
| ETERNA | 11.55 | 12.00 | 0.45 | 3.90 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| ABCTRANS | 0.91 | 0.82 | -0.09 | -9.89 |
| ETRANZACT | 6.90 | 6.25 | -0.65 | -9.42 |
| RTBRISCOE | 0.60 | 0.55 | -0.05 | -8.33 |
| SOVRENINS | 0.39 | 0.36 | -0.03 | -7.69 |
| ROYALEX | 0.65 | 0.61 | -0.04 | -6.15 |
| AIICO | 0.76 | 0.72 | -0.04 | -5.26 |
| OMATEK | 0.73 | 0.70 | -0.03 | -4.11 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| MBENEFIT | 0.48 | 47 | 42,081,704 |
| UBA | 24.25 | 475 | 28,716,274 |
| TRANSCORP | 6.96 | 261 | 24,091,902 |
| STERLINGNG | 4.18 | 140 | 20,214,891 |
| ZENITHBANK | 37.10 | 391 | 17,152,925 |
| ACCESSCORP | 22.00 | 395 | 15,545,430 |
| UNIVINSURE | 0.27 | 51 | 13,442,680 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 24.25 | 475 | 689,912,551.00 |
| ZENITHBANK | 37.10 | 391 | 635,319,922.10 |
| MTNN | 245.00 | 284 | 593,545,532.10 |
| GTCO | 39.60 | 301 | 434,215,140.80 |
| ACCESSCORP | 22.00 | 395 | 343,172,181.80 |
| DANGSUGAR | 57.40 | 178 | 190,984,305.10 |
| TRANSCORP | 6.96 | 261 | 166,970,973.02 |
OUTLOOK
The Equities market closed in green at the end of today’s trading to begin the week. The upward movements could be attributed to an increased buying interest observed in stocks. We expect the market to pull towards positive edge in the remaining days of the week.
