Trading activities in the Nigerian Equities Market closed Positive today, Wednesday (13/09/2023) by 0.93% as the NGX-ASI increased to 67,378.88 from 66,760.20 recorded at the close of the previous trading day; indicating a YTD return of +31.47%.
Similarly, the market capitalization increased today by N358.05 billion to N36.896 trillion from N36.538 trillion recorded at the close of the previous trading day, while the market turnover decreased to N8.69 billion from N11.00 billion.
The market breadth was positive at 1.43X as 33 stocks advanced and 23 stocks declined, while 57 stocks remained unchanged. DANGSUGAR topped the gainers’ list with +10.00%, while COURTVILLE declined by -10.00% to lead the losers’ chart.
OANDO recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 13th September 2023
MARKET STATISTICS
| CAP | N36,896,377,872,666.74 | One Day (ASI CHG) | +0.93% |
| Index | 67,378.88 | One Week (ASI CHG) | -1.33% |
| Volume | 569,626,853 | One Month (ASI CHG) | +4.26% |
| Value | N8,697,001,507.31 | Six Months (ASI CHG) | +22.70% |
| Deals | 8,404 | 52 Weeks (ASI CHG) | +35.77% |
| Gainers | 33 | Losers | 23 |
| Unchanged | 57 | Total | 113 |
| YTD Returns | +31.47% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.93 |
| NGX30 | 1.26 |
| NGXBNK | 4.58 |
| NGXCNSMRGDS | 1.27 |
| NGXINDUSTR | -0.03 |
| NGXINS | 2.27 |
| NGXLOTUSISLM | 0.35 |
| NGXOILGAS | -0.12 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| DANGSUGAR | 52.00 | 57.20 | 5.20 | 10.00 |
| NASCON | 47.00 | 51.70 | 4.70 | 10.00 |
| NAHCO | 21.50 | 23.65 | 2.15 | 10.00 |
| UCAP | 15.00 | 16.50 | 1.50 | 10.00 |
| TRANSCORP | 6.01 | 6.61 | 0.60 | 9.98 |
| CWG | 6.93 | 7.62 | 0.69 | 9.96 |
| CORNERST | 1.11 | 1.22 | 0.11 | 9.91 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| COURTVILLE | 0.60 | 0.54 | -0.06 | -10.00 |
| ABCTRANS | 1.02 | 0.92 | -0.10 | -9.80 |
| TANTALIZER | 0.43 | 0.39 | -0.04 | -9.30 |
| LEARNAFRCA | 3.29 | 3.01 | -0.28 | -8.51 |
| OMATEK | 0.48 | 0.44 | -0.04 | -8.33 |
| ROYALEX | 0.60 | 0.55 | -0.05 | -8.33 |
| REGALINS | 0.36 | 0.33 | -0.03 | -8.33 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| OANDO | 10.15 | 1373 | 143,445,074 |
| ACCESSCORP | 16.85 | 353 | 63,556,965 |
| FIDELITYBK | 8.35 | 332 | 39,553,434 |
| TRANSCORP | 6.61 | 475 | 32,610,829 |
| UBA | 15.15 | 119 | 30,676,948 |
| ZENITHBANK | 33.85 | 474 | 29,801,688 |
| CHIPLC | 0.84 | 57 | 26,014,481 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| OANDO | 10.15 | 1373 | 1,395,205,336.50 |
| ACCESSCORP | 16.85 | 353 | 1,070,922,116.85 |
| ZENITHBANK | 33.85 | 474 | 994,402,636.30 |
| DANGSUGAR | 57.20 | 545 | 864,931,097.35 |
| MTNN | 270.00 | 295 | 861,956,001.20 |
| GTCO | 37.10 | 398 | 750,171,108.00 |
| UBA | 15.15 | 119 | 464,755,762.20 |
OUTLOOK
The Nigerian Equities market closed positive today for the first time on bargain hunting sentiments of investors in selected stocks on the floor of the exchange. This continuous swing in trading result is expected to be sustained as trading continues for the week.
