Trading activities in the Nigerian Equities Market closed positive today, Monday (24/07/2023) as the NGX-ASI increased by 0.41% to close at 65,268.28 compared to 65,003.39 recorded at the close of the previous trading day; indicating a YTD return of +27.35%.
Similarly, the market capitalization increased by N145.12 billion to 35,540.11 trillion from N35,394.99 trillion recorded at the close of the previous trading day, while the market turnover decreased to N12.94 billion from N14.26 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.97x as 32 stocks advanced and 33 stocks declined, while 49 stocks remained unchanged. NASCON topped the gainers’ list with +10.00%, while IKEJAHOTEL declined by -9.86% to lead the losers’ chart.
FBNH recorded the highest volume and highest value for the day.
Read: NGX Price List for Monday, 24th July 2023
MARKET STATISTICS
| CAP | N35,540,109,459,000.00 | One Day (ASI CHG) | +0.41% |
| Index | 65,268.28 | One Week (ASI CHG) | +3.69% |
| Volume | 831,388,236 | One Month (ASI CHG) | +10.00% |
| Value | N12,936,035,500.6 | Six Months (ASI CHG) | +24.05% |
| Deals | 9,764 | 52 Weeks (ASI CHG) | +25.56% |
| Gainers | 32 | Losers | 33 |
| Unchanged | 49 | Total | 114 |
| YTD Returns | +27.35% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | 0.41 |
| NGX30 | 0.46 |
| NGXBNK | -0.83 |
| NGXCNSMRGDS | 0.02 |
| NGXINDUSTR | 0.03 |
| NGXINS | 0.23 |
| NGXLOTUSISLM | 0.44 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NASCON | 29.00 | 31.90 | 2.90 | 10.00 |
| GLAXOSMITH | 7.50 | 8.25 | 0.75 | 10.00 |
| FTNCOCOA | 2.00 | 2.20 | 0.20 | 10.00 |
| LASACO | 1.60 | 1.76 | 0.16 | 10.00 |
| STANBIC | 62.70 | 68.95 | 6.25 | 9.97 |
| SKYAVN | 16.20 | 17.80 | 1.60 | 9.88 |
| FBNH | 19.85 | 21.80 | 1.95 | 9.82 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| IKEJAHOTEL | 3.00 | 2.70 | -0.30 | -10.00 |
| MULTIVERSE | 3.71 | 3.34 | -0.37 | -9.97 |
| ELLAHLAKES | 4.36 | 3.93 | -0.43 | -9.86 |
| ABBEYBDS | 1.12 | 1.01 | -0.11 | -9.82 |
| THOMASWY | 1.57 | 1.42 | -0.15 | -9.55 |
| WEMABANK | 4.95 | 4.50 | -0.45 | -9.09 |
| NGXGROUP | 28.00 | 25.50 | -2.50 | -8.93 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 21.80 | 878 | 346,990,107 |
| UBA | 14.80 | 710 | 62,786,247 |
| FCMB | 6.80 | 301 | 45,744,042 |
| FIDELITYBK | 8.30 | 496 | 42,779,657 |
| JAPAULGOLD | 0.92 | 85 | 37,905,670 |
| STERLINGNG | 3.80 | 254 | 34,995,010 |
| GTCO | 38.50 | 582 | 20,619,899 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| FBNH | 21.80 | 878 | 7,436,787,628.35 |
| UBA | 14.80 | 710 | 925,937,399.40 |
| GTCO | 38.50 | 582 | 780,127,761.25 |
| ZENITHBANK | 34.70 | 476 | 458,815,329.10 |
| FIDELITYBK | 8.30 | 496 | 343,703,757.70 |
| ACCESSCORP | 17.95 | 521 | 334,202,029.65 |
| FCMB | 6.80 | 301 | 312,107,500.39 |
OUTLOOK
Trading resumed for the week on a positive note as investors sentiments in trading financial stocks dominated activities in the market for the trading day. On further disclosure of half year financial earnings by companies, market is expected to continue to witness mix performances.
