Trading activities in the Nigerian Equities Market closed Negative today, Monday (25/09/2023) by 0.66% as the NGX-ASI decreased to 66,882.64 from 67,324.59 recorded at the close of the previous trading day; indicating a YTD return of +30.50%.
Similarly, the market capitalization decreased today by N242 billion to N36.6053 trillion from N36.8472 trillion recorded at the close of the previous trading day, while the market turnover increased to N5.44 billion from N4.35 billion.
The market breadth was Negative at 0.42X as 15 stocks advanced and 36 stocks declined, while 66 stocks remained unchanged. IKEJAHOTEL topped the gainers’ list with +9.55%, while CAVERTON declined by -9.93% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and the highest value for the day.
Read: NGX Price List for Monday, 25th September 2023
MARKET STATISTICS
| CAP | N36,605,344,507,446.82 | One Day (ASI CHG) | -0.66% |
| Index | 66,882.64 | One Week (ASI CHG) | -1.47% |
| Volume | 408,194,667 | One Month (ASI CHG) | +2.02% |
| Value | N5,442,087,460.34 | Six Months (ASI CHG) | +21.84% |
| Deals | 7,707 | 52 Weeks (ASI CHG) | +35.89% |
| Gainers | 15 | Losers | 36 |
| Unchanged | 66 | Total | 117 |
| YTD Returns | +30.50% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.66 |
| NGX30 | -0.68 |
| NGXBNK | -3.18 |
| NGXCNSMRGDS | -0.14 |
| NGXINDUSTR | 0.11 |
| NGXINS | 0.18 |
| NGXLOTUSISLM | -0.08 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Securities | Previous Close (N) | Close Price(N) | Price Change | % Change |
| IKEJAHOTEL | 2.50 | 2.75 | 0.25 | 10.00 |
| JOHNHOLT | 1.65 | 1.81 | 0.16 | 9.70 |
| CORNERST | 1.37 | 1.50 | 0.13 | 9.49 |
| REGALINS | 0.35 | 0.38 | 0.03 | 8.57 |
| LINKASSURE | 0.75 | 0.80 | 0.05 | 6.67 |
| TANTALIZER | 0.30 | 0.32 | 0.02 | 6.67 |
| FLOURMILL | 31.60 | 33.15 | 1.55 | 4.91 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price(N) | Price Change | % Change |
| CAVERTON | 1.52 | 1.37 | -0.15 | -9.87 |
| ACCESSCORP | 17.25 | 15.55 | -1.70 | -9.86 |
| OANDO | 11.85 | 10.70 | -1.15 | -9.70 |
| RTBRISCOE | 0.42 | 0.38 | -0.04 | -9.52 |
| UNITYBNK | 1.10 | 1.00 | -0.10 | -9.09 |
| SUNUASSUR | 1.05 | 0.96 | -0.09 | -8.57 |
| MBENEFIT | 0.47 | 0.43 | -0.04 | -8.51 |
Top 7 Traded Stocks By Volume
| Securities | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 15.55 | 1248 | 113,391,215 |
| UBA | 17.50 | 683 | 59,615,115 |
| UNITYBNK | 1.00 | 110 | 27,790,656 |
| UNIVINSURE | 0.22 | 66 | 17,572,360 |
| TRANSCORP | 6.16 | 388 | 16,789,928 |
| CHAMS | 1.37 | 132 | 11,829,920 |
| OANDO | 10.70 | 231 | 11,712,977 |
Top 7 Traded Stocks By Value
| Securities | Close Price(N) | Number of Trades | Daily Value (N) |
| ACCESSCORP | 15.55 | 1248 | 1,781,492,808.45 |
| UBA | 17.50 | 683 | 1,049,300,640.50 |
| MTNN | 264.50 | 409 | 602,060,217.00 |
| GTCO | 35.80 | 318 | 321,964,467.85 |
| ZENITHBANK | 32.00 | 422 | 314,203,149.75 |
| DANGSUGAR | 55.00 | 244 | 134,489,227.25 |
| OANDO | 10.70 | 231 | 125,328,853.90 |
OUTLOOK
The bearish reign of the stock market extends into the new week. The downward trend may continue further as the season of release of second quarter results with its attendant corporate actions is almost over. However stocks with sound fundamentals may show some resistance to this trend.
