Market Closes Positive As NGX-ASI Increases by 0.74%.

Trading activities in the Nigerian Equities Market closed positive today, Monday (21/08/2023) by 0.74% as the NGX-ASI increased to 65,202.41 from 64,721.09 recorded at the close of the previous trading day; indicating a YTD return of +27.22%.

The market capitalization increased today by N263 billion to N35.685 trillion from N35.422 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.99 billion from N9.39 billion recorded at the close of the previous trading day.

The market breadth was positive at 2.07x as 31 stocks advanced and 15 stocks declined, while 69 stocks remained unchanged. JOHNHOLT topped the gainers’ list with 9.66%, while TANTALIZER declined by 10.00% to lead the losers’ chart.

TRANSCORP recorded the highest volume, while MTNN recorded the highest value for the day.

Read: NGX Price List for Monday, 21st August 2023

MARKET STATISTICS

CAPN35,684,833,218,129.55One Day (ASI CHG)+0.74%
Index65,202.41One Week (ASI CHG)+0.26%
Volume231,599,974One Month (ASI CHG)-0.10%
ValueN3,992,654,761.53Six Months (ASI CHG)+20.32%
Deals5,49452 Weeks (ASI CHG)+32.07%
Gainers31Losers15
Unchanged69Total115
YTD Returns+27.22%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security % Change 
ASI0.74
NGX300.84
NGXBNK-0.35
NGXCNSMRGDS4.97
NGXINDUSTR0.04
NGXINS0.41
NGXLOTUSISLM1.28
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change % Change
JOHNHOLT1.451.590.149.66
SCOA1.171.280.119.40
BUAFOODS139.90152.9013.009.29
MANSARD3.653.900.256.85
LIVESTOCK1.761.880.126.82
TRANSCORP4.164.380.225.29
GLAXOSMITH9.7010.200.505.15

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change % Change
TANTALIZER0.400.36-0.04-10.00
OMATEK0.330.30-0.03-9.09
JAIZBANK1.671.54-0.13-7.78
CHIPLC0.920.85-0.07-7.61
CORNERST1.301.22-0.08-6.15
REGALINS0.400.38-0.02-5.00
CHAMS1.000.96-0.04-4.00

Top 7 Traded Stocks By Volume

SecurityClose PriceNumber of Trades Volume
TRANSCORP4.3843136,837,633
UNIVINSURE0.214716,989,277
GTCO36.5020715,442,966
JAIZBANK1.5419314,464,686
CHIPLC0.855512,754,035
UBA14.0026111,860,664
ACCESSCORP17.052407,281,041

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of Trades Value
MTNN275.003741,445,311,630.60
GTCO36.50207563,447,198.15
ZENITHBANK33.95249211,462,729.75
STANBIC64.5075206,773,724.90
UBA14.00261165,361,712.75
TRANSCORP4.38431159,312,570.54
DANGSUGAR36.00182125,894,536.75

OUTLOOK

On resumption of trading for the week, the stock market recorded an impressive performance on investor sentiments. We project mixed performance in trading as investors react to half-year financial release by quoted stocks and the volatility of the forex market.

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