Trading activities in the Nigerian Equities Market closed positive today, Thursday (20/07/2023) as the NGX-ASI increased by 0.27% to close at 63,930.72 compared to 63,757.23 recorded at the close of the previous trading day; indicating a YTD return of +24.74%.
Similarly, the market capitalization increased by N94.47 billion to N34.8109 trillion from N34.7164 trillion recorded at the close of the previous trading day, while the market turnover increased to N18.07 billion from N10.08 billion recorded at the close of the previous trading day.
The market breadth was positive at 2.05x as 41 stocks advanced and 20 stocks declined, while 54 stocks remained unchanged. UPL topped the gainers’ list with +10.00%, while COURTVILLE declined by -9.86% to lead the losers’ chart.
UBA recorded the highest volume and highest value for the day.
Read: NGX Price List for Thursday, 20th July 2023
MARKET STATISTICS
| CAP | N34,810,908,906,309.75 | One Day (ASI CHG) | +0.27% |
| Index | 63,930.72 | One Week (ASI CHG) | +1.88% |
| Volume | 1,358,946,966 | One Month (ASI CHG) | +8.16% |
| Value | N18,066,010,139.76 | Six Months (ASI CHG) | +21.55% |
| Deals | 7,179 | 52 Weeks (ASI CHG) | +22.50% |
| Gainers | 41 | Losers | 20 |
| Unchanged | 54 | Total | 115 |
| YTD Returns | +24.74% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | 0.27 |
| NGX30 | 0.25 |
| NGXBNK | 0.59 |
| NGXCNSMRGDS | 0.30 |
| NGXINDUSTR | 0.01 |
| NGXINS | 1.19 |
| NGXLOTUSISLM | 0.09 |
| NGXOILGAS | 0.41 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UPL | 2.20 | 2.42 | 0.22 | 10.00 |
| EUNISELL | 2.91 | 3.20 | 0.29 | 9.97 |
| ACADEMY | 2.21 | 2.43 | 0.22 | 9.95 |
| IKEJAHOTEL | 2.56 | 2.80 | 0.24 | 9.38 |
| REDSTAREX | 3.42 | 3.73 | 0.31 | 9.06 |
| PRESTIGE | 0.45 | 0.49 | 0.04 | 8.89 |
| JOHNHOLT | 2.39 | 2.60 | 0.21 | 8.79 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| COURTVILLE | 0.71 | 0.64 | -0.07 | -9.86 |
| FTNCOCOA | 2.07 | 1.87 | -0.20 | -9.66 |
| ABBEYBDS | 1.37 | 1.24 | -0.13 | -9.49 |
| MAYBAKER | 6.00 | 5.45 | -0.55 | -9.17 |
| UPDC | 1.17 | 1.07 | -0.10 | -8.55 |
| DAARCOMM | 0.38 | 0.35 | -0.03 | -7.89 |
| VERITASKAP | 0.29 | 0.27 | -0.02 | -6.90 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 13.55 | 343 | 961,501,591 |
| STERLINGNG | 3.60 | 247 | 43,662,931 |
| FBNH | 18.05 | 298 | 40,316,370 |
| JAPAULGOLD | 0.77 | 215 | 35,954,460 |
| UNIVINSURE | 0.24 | 86 | 35,089,779 |
| FIDELITYBK | 7.11 | 248 | 20,395,063 |
| GTCO | 35.00 | 263 | 19,220,810 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 13.55 | 343 | 13,306,476,426.90 |
| FBNH | 18.05 | 298 | 720,053,264.95 |
| GTCO | 35.00 | 263 | 669,998,329.75 |
| ZENITHBANK | 32.30 | 412 | 443,767,599.45 |
| MTNN | 270.00 | 317 | 397,617,697.00 |
| AIRTELAFRI | 1319.90 | 71 | 386,076,861.40 |
| ETERNA | 30.40 | 294 | 300,019,443.35 |
OUTLOOK
The market was quick to heal from the marginal loss recorded on Wednesday to rebound impressively at the end of trading today, Thursday. The market is expected to end the week positive at the end of trading tomorrow, Friday, having recorded massive gains on three trading days in the week.
