Trading activities in the Nigerian equities market closed negative today, Wednesday (30/08/2023) by 0.08% as the NGX-ASI decreased to 66,439.53 from 66,490.34 recorded at the close of the previous trading day; indicating a YTD return of +29.64%.
Similarly, the market capitalization decreased today by N27.86 billion to N36.362 trillion from N36.391 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.79 billion from N7.01 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.13X as 27 stocks advanced and 24 stocks declined, while 63 stocks remained unchanged. CAPHOTEL and CHIPLC topped the gainers’ list with +10.00% while TRANSCORP declined by -9.99% to lead the losers’ chart.
TRANSCORP recorded the highest volume and highest value for the day.
Read: NGX Price List for Wednesday, 30th August 2023
MARKET STATISTICS
| CAP | N36,362,826,858,058.36 | One Day (ASI CHG) | -0.08% |
| Index | 66,439.53 | One Week (ASI CHG) | +1.45% |
| Volume | 637,193,765 | One Month (ASI CHG) | +3.38% |
| Value | N7,790,985,323.99 | Six Months (ASI CHG) | +19.34% |
| Deals | 10,033 | 52 Weeks (ASI CHG) | +33.84% |
| Gainers | 27 | Losers | 24 |
| Unchanged | 63 | Total | 114 |
| YTD Returns | +29.64% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.08 |
| NGX30 | -0.40 |
| NGXBNK | -0.64 |
| NGXCNSMRGDS | 0.32 |
| NGXINDUSTR | 0.11 |
| NGXINS | 1.46 |
| NGXLOTUSISLM | 0.37 |
| NGXOILGAS | -0.02 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CAPHOTEL | 2.50 | 2.75 | 0.25 | 10.00 |
| CHIPLC | 1.00 | 1.10 | 0.10 | 10.00 |
| UPL | 2.15 | 2.36 | 0.21 | 9.77 |
| CHAMPION | 3.19 | 3.50 | 0.31 | 9.72 |
| THOMASWY | 1.98 | 2.17 | 0.19 | 9.60 |
| ABCTRANS | 0.74 | 0.81 | 0.07 | 9.46 |
| JAIZBANK | 1.48 | 1.61 | 0.13 | 8.78 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| TRANSCORP | 7.01 | 6.31 | -0.70 | -9.99 |
| CWG | 4.05 | 3.65 | -0.40 | -9.88 |
| IKEJAHOTEL | 3.15 | 2.84 | -0.31 | -9.84 |
| FTNCOCOA | 2.22 | 2.04 | -0.18 | -8.11 |
| RTBRISCOE | 0.45 | 0.42 | -0.03 | -6.67 |
| AFRIPRUD | 6.20 | 5.95 | -0.25 | -4.03 |
| TANTALIZER | 0.29 | 0.28 | -0.01 | -3.45 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 6.31 | 1834 | 292,409,554 |
| ACCESSCORP | 16.5 | 395 | 26,652,150 |
| DANGSUGAR | 58.3 | 1104 | 24,452,480 |
| JAIZBANK | 1.61 | 188 | 18,662,017 |
| FIDELITYBK | 6.95 | 266 | 17,386,132 |
| HONYFLOUR | 3.7 | 195 | 14,518,664 |
| JAPAULGOLD | 0.9 | 109 | 13,620,177 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| TRANSCORP | 6.31 | 1,834 | 2,146,930,697.56 |
| DANGSUGAR | 58.3 | 1,104 | 1,454,760,426.60 |
| GTCO | 36.3 | 218 | 453,345,490.40 |
| ACCESSCORP | 16.5 | 395 | 435,491,998.25 |
| NASCON | 56.05 | 383 | 391,595,554.10 |
| ZENITHBANK | 32.9 | 312 | 371,075,876.15 |
| NESTLE | 1,100 | 84 | 348,377,306.00 |
OUTLOOK
The Nigerian Equities market closed negative today halting the positive run of results recorded in the market since the start of the week. We forsee a rebound in the remaining days of the week and an impressive week.
