Trading activities in the Nigerian Equities Market closed Negative today, Wednesday (06/09/2023) by 0.07% as the NGX-ASI decreased to 68,286.28 from 68,334.68 recorded at the close of the previous trading day; indicating a YTD return of +33.24%.
Similarly, the market capitalization decreased today by N26.48 billion to N37.373 trillion from N37.400 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.48 billion from N10.21 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.55X as 31 stocks advanced and 20 stocks declined, while 65 stocks remained unchanged GUINEAINS topped the gainers’ list with +10.00%, while VITAFOAM declined by -10.00% to lead the losers’ chart.
OANDO recorded the highest volume while DANGCEM recorded the highest value for the day.
Read: NGX Price List for Wednesday, 6th September 2023
MARKET STATISTICS
| CAP | N37,373,567,864,699.92 | One Day (ASI CHG) | -0.07% |
| Index | 68,286.28 | One Week (ASI CHG) | +2.78% |
| Volume | 378,654,875 | One Month (ASI CHG) | +6.42% |
| Value | N5,482,939,495.68 | Six Months (ASI CHG) | +22.33% |
| Deals | 7,671 | 52 Weeks (ASI CHG) | +37.55% |
| Gainers | 31 | Losers | 20 |
| Unchanged | 65 | Total | 116 |
| YTD Returns | +33.24% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | -0.07 |
| NGX30 | -0.06 |
| NGXBNK | 0.27 |
| NGXCNSMRGDS | -0.82 |
| NGXINDUSTR | 0.17 |
| NGXINS | 0.43 |
| NGXLOTUSISLM | 0.19 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| GUINEAINS | 0.30 | 0.33 | 0.03 | 10.00 |
| BETAGLAS | 42.90 | 47.15 | 4.25 | 9.91 |
| CAVERTON | 1.22 | 1.34 | 0.12 | 9.84 |
| OANDO | 6.70 | 7.35 | 0.65 | 9.70 |
| CWG | 4.39 | 4.79 | 0.40 | 9.11 |
| OMATEK | 0.55 | 0.60 | 0.05 | 9.09 |
| ABCTRANS | 1.13 | 1.23 | 0.10 | 8.85 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | % Change |
| VITAFOAM | 25.00 | 22.50 | -2.50 | -10.00 |
| VERITASKAP | 0.26 | 0.24 | -0.02 | -7.69 |
| LINKASSURE | 0.90 | 0.85 | -0.05 | -5.56 |
| DANGSUGAR | 70.00 | 66.65 | -3.35 | -4.79 |
| INTBREW | 4.60 | 4.40 | -0.20 | -4.35 |
| CHAMPION | 3.45 | 3.30 | -0.15 | -4.35 |
| UPDC | 1.2 | 1.15 | -0.05 | -4.17 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| OANDO | 7.35 | 539 | 83,526,008 |
| UBA | 15.25 | 299 | 35,627,188 |
| TRANSCORP | 6.70 | 473 | 26,657,318 |
| ACCESSCORP | 17.25 | 348 | 18,534,280 |
| OMATEK | 0.60 | 30 | 15,729,121 |
| STERLINGNG | 3.95 | 185 | 13,373,415 |
| FIDELITYBK | 8.55 | 245 | 12,103,555 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| DANGCEM | 370.00 | 127 | 708,705,714.70 |
| OANDO | 7.35 | 539 | 609,377,249.15 |
| UBA | 15.25 | 299 | 533,748,886.45 |
| GTCO | 38.8 | 265 | 436,708,361.35 |
| DANGSUGAR | 66.65 | 600 | 432,507,316.30 |
| ZENITHBANK | 37.00 | 303 | 370,169,783.25 |
| ACCESSCORP | 17.25 | 348 | 321,080,036.70 |
OUTLOOK
The value of The Nigerian Equities market depreciated in today’s trading as the sell-off was predominantly on selected stocks. However, a mixed sentiment is projected to be sustained in trading as investors are to react for more half year earning reports.
