Market Performance in December 2023

The Nigerian Equities Market shows a growth of 4.89% at the end of the month in its All-Share Index with an impressive year-to-date (YTD) at 45.90%, market opened at the trading month with the All-Share Index at 71,365.25 at the beginning of trading on December and closed at 74,773.77

 Nov-23Dec-23
IndicatorsCloseOpen% ChangeCloseOpen% Change
Index (ASI)71,365.2569,236.193.0874,773.7771,365.254.78
Capitalization (N’trn)39.0538.042.6640.9239.054.79
YTD Returns39.25% 45.90% 

Some of the key indices in the month under review showed a considerable performance
the Investors’ appetite for banking stocks on the trading floor of Nigerian Exchange Limited (NGX) gained a 19.94% month on month (m-o-m). Moreso, buying interest in Insurance also recorded a positive growth.

Security

 Previous Close

 Close Price

 Change

 % Change

 ASI

               71,365.27

        74,773.77

    3,408.50

                4.78

 NGX30

                 2,625.35

           2,790.28

       164.93

                6.28

 Banking

                    748.05

              897.20

       149.15

              19.94

 NGXCNSMRGDS

                 1,141.95

           1,121.29

–        20.66

–               1.81

 NGXINDUSTR

                 2,782.36

           2,712.27

–        70.09

–               2.52

 NGXINS

                    302.78

              321.66

          18.88

                6.24

 NGXOILGAS

                 1,046.66

           1,043.06

–          3.60

–               0.34

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