Trading activities in the Nigerian Equities Market closed negative today, Wednesday (19/07/2023) as the NGX-ASI decreased by 0.01% to close at 63,757.23 compared to 63,766.72recorded at the close of the previous trading day; indicating a YTD return of +24.40%.
Similarly, the market capitalization decreased by N5.17 billion to N34.7164 trillion from N34.7216 trillion recorded at the close of the previous trading day, while the market turnover decreased to N10.08 billion from N42.81 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.89x as 24 stocks advanced and 27 stocks declined, while 62 stocks remained unchanged. HONYFLOUR topped the gainers’ list with +10.00%, while GEREGU and PRESTIGE declined by -10.00% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume, while GEREGU recorded the highest value for the day.
Read: NGX Price List for Wednesday, 19th July 2023
MARKET STATISTICS
| CAP | N34,716,443,972,547.55 | One Day (ASI CHG) | -0.01% |
| Index | 63,757.23 | One Week (ASI CHG) | -0.45% |
| Volume | 473,492,114 | One Month (ASI CHG) | +7.47% |
| Value | N10,081,001,812.04 | Six Months (ASI CHG) | +21.15% |
| Deals | 7,403 | 52 Weeks (ASI CHG) | +21.89% |
| Gainers | 24 | Losers | 27 |
| Unchanged | 62 | Total | 113 |
| YTD Returns | +24.40% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | -0.01 |
| NGX30 | -0.16 |
| NGXBNK | -2.05 |
| NGXCNSMRGDS | 0.48 |
| NGXINDUSTR | -0.06 |
| NGXINS | 0.52 |
| NGXLOTUSISLM | 0.01 |
| NGXOILGAS | 0.62 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| HONYFLOUR | 3.30 | 3.63 | 0.33 | 10.00 |
| ETERNA | 26.05 | 28.65 | 2.60 | 9.98 |
| ACADEMY | 2.01 | 2.21 | 0.20 | 9.95 |
| SKYAVN | 14.75 | 16.20 | 1.45 | 9.83 |
| RTBRISCOE | 0.51 | 0.56 | 0.05 | 9.80 |
| JOHNHOLT | 2.18 | 2.39 | 0.21 | 9.63 |
| ELLAHLAKES | 3.56 | 3.90 | 0.34 | 9.55 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| GEREGU | 350 | 315.00 | -35.00 | -10.00 |
| PRESTIGE | 0.5 | 0.45 | -0.05 | -10.00 |
| FTNCOCOA | 2.29 | 2.07 | -0.22 | -9.61 |
| LINKASSURE | 0.77 | 0.70 | -0.07 | -9.09 |
| JAIZBANK | 1.88 | 1.71 | -0.17 | -9.04 |
| CHAMS | 1.11 | 1.01 | -0.10 | -9.01 |
| GUINEAINS | 0.25 | 0.23 | -0.02 | -8.00 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAPAULGOLD | 0.80 | 355 | 77,983,736 |
| FCMB | 6.20 | 223 | 36,622,430 |
| STERLINGNG | 3.47 | 186 | 31,239,777 |
| DANGSUGAR | 27.5 | 252 | 30,704,722 |
| FIDELITYBK | 7.40 | 313 | 22,283,709 |
| VERITASKAP | 0.29 | 35 | 17,891,390 |
| UBA | 13.20 | 310 | 17,153,258 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GEREGU | 315.00 | 131 | 4,862,795,619.60 |
| DANGSUGAR | 27.50 | 252 | 845,901,274.30 |
| GTCO | 34.80 | 391 | 467,135,088.30 |
| AIRTELAFRI | 1319.90 | 59 | 445,809,979.40 |
| STANBIC | 57.00 | 107 | 436,213,833.00 |
| ZENITHBANK | 32.25 | 313 | 323,188,495.70 |
| ETERNA | 28.65 | 315 | 254,762,423.30 |
OUTLOOK
The market recorded a marginal loss at the end of today’s trading. However, we expect a rebound as investors continue to focus on fundamentally sound stocks.
