Trading activities in the Nigerian Equities Market closed negative today Wednesday (12/07/2023) as the NGX-ASI decreased by 2.47% to close at 64,046.93 compared to 65,669.29 recorded at the close of the previous trading day; indicating a YTD return of +24.97%.
Similarly, the market capitalization decreased by N883.4 billion to N34.87419 trillion from N35.75758 trillion recorded at the close of the previous trading day, while the market turnover increased to N12.69 billion from N9.41 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.17x as 11 stocks advanced and 63 stocks declined, while 44 stocks remained unchanged. COURTVILLE topped the gainers’ list with +10.00%, while TANTALIZER declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and highest value for the day.
Read: NGX Price List for Wednesday, 12th July 2023
MARKET STATISTICS
| CAP | N34,874,189,239,584.44 | One Day (ASI CHG) | -2.47% |
| Index | 64,046.93 | One Week (ASI CHG) | +4.10% |
| Volume | 1,163,228,654 | One Month (ASI CHG) | +6.77% |
| Value | N12,694,727,512.48 | Six Months (ASI CHG) | +23.05% |
| Deals | 13,878 | 52 Weeks (ASI CHG) | +24.22% |
| Gainers | 11 | Losers | 63 |
| Unchanged | 44 | Total | 118 |
| YTD Returns | +24.97% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -2.47 |
| NGX30 | -2.43 |
| NGXBNK | -2.61 |
| NGXCNSMRGDS | -0.77 |
| NGXINDUSTR | -5.39 |
| NGXINS | -5.42 |
| NGXLOTUSISLM | -2.20 |
| NGXOILGAS | -0.45 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| COURTVILLE | 0.80 | 0.88 | 0.08 | 10.00 |
| DEAPCAP | 0.30 | 0.33 | 0.03 | 10.00 |
| GOLDBREW | 2.43 | 2.67 | 0.24 | 9.88 |
| MORISON | 2.35 | 2.58 | 0.23 | 9.79 |
| JOHNHOLT | 1.37 | 1.50 | 0.13 | 9.49 |
| DAARCOMM | 0.24 | 0.26 | 0.02 | 8.33 |
| GUINEAINS | 0.25 | 0.27 | 0.02 | 8.00 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| TANTALIZER | 0.30 | 0.27 | -0.03 | -10.00 |
| ABCTRANS | 0.50 | 0.45 | -0.05 | -10.00 |
| PRESTIGE | 0.60 | 0.54 | -0.06 | -10.00 |
| ACADEMY | 2.50 | 2.25 | -0.25 | -10.00 |
| NEM | 6.10 | 5.49 | -0.61 | -10.00 |
| ETRANZACT | 9.50 | 8.55 | -0.95 | -10.00 |
| FBNH | 21.50 | 19.35 | -2.15 | -10.00 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 14.20 | 1064 | 177,793,312 |
| JAPAULGOLD | 1.21 | 438 | 110,259,629 |
| TRANSCORP | 4.23 | 498 | 87,094,429 |
| FCMB | 6.60 | 444 | 86,473,196 |
| ACCESSCORP | 17.30 | 917 | 65,445,427 |
| ZENITHBANK | 34.35 | 616 | 40,281,178 |
| VERITASKAP | 0.36 | 107 | 38,360,640 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Value(N) |
| UBA | 14.20 | 1064 | 2,443,261,657.75 |
| ZENITHBANK | 34.35 | 616 | 1,333,811,145.55 |
| ACCESSCORP | 17.30 | 917 | 1,124,182,049.65 |
| DANGCEM | 326.00 | 263 | 757,248,130.50 |
| DANGSUGAR | 27.15 | 322 | 752,275,319.20 |
| FBNH | 19.35 | 409 | 705,246,498.95 |
| GTCO | 36.00 | 525 | 672,169,378.55 |
OUTLOOK
The market recorded a loss at the end of today’s trading. However, we expect a rebound as investors continue to focus on fundamentally sound stocks.
