Trading activities in the Nigerian Equities Market closed positive today, Friday (08/12/2023) by 0.12% as the NGX-ASI increased to 71,541.74 from 71,457.92 recorded at the close of the previous trading day; indicating a YTD return of +39.59%.
The market performance for the week increased by 0.17% to 71,541.74 from 71,419.87 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N45.87 billion to N39,148.84 trillion from N39,102.97 trillion recorded at the close of the previous trading day, the market turnover decreased to N7.21 billion from N7.47 billion.
The market breadth was negative at 0.65X as 22 stocks advanced and 34 stocks declined, while 61 stocks remained unchanged. MULTIVERSE topped the gainers’ list with +9.95%, while FBNH declined by -10.00% to lead the losers’ chart.
REGALINS recorded the highest volume and AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Friday, 8th December 2023
MARKET STATISTICS
| CAP | N39,148,838,264,955.20 | One Day (ASI CHG) | +0.12% |
| Index | 71,541.74 | One Week (ASI CHG) | +0.17% |
| Volume | 503,840,205 | One Month (ASI CHG) | +1.09% |
| Value | N7,206,464,377.80 | Six Months (ASI CHG) | +27.91% |
| Deals | 5,747 | 52 Weeks (ASI CHG) | +47.92% |
| Gainers | 22 | Losers | 34 |
| Unchanged | 61 | Total | 117 |
| YTD Returns | +39.59% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.12 |
| NGX30 | +0.12 |
| NGXBNK | +1.60 |
| NGXCNSMRGDS | +0.15 |
| NGXINDUSTR | -0.65 |
| NGXINS | -0.78 |
| NGXLOTUSISLM | +0.31 |
| NGXOILGAS | -0.57 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| MULTIVERSE | 8.54 | 9.39 | 0.85 | 9.95 |
| INFINITY | 1.61 | 1.77 | 0.16 | 9.94 |
| PZ | 23.30 | 25.60 | 2.30 | 9.87 |
| ETI | 18.90 | 20.75 | 1.85 | 9.79 |
| CHAMPION | 3.30 | 3.60 | 0.30 | 9.09 |
| CWG | 6.66 | 7.20 | 0.54 | 8.11 |
| UPDCREIT | 4.70 | 5.00 | 0.30 | 6.38 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| FBNH | 26.50 | 23.85 | -2.65 | -10.00 |
| MRS | 109.95 | 99.00 | -10.95 | -9.96 |
| LEARNAFRCA | 3.36 | 3.03 | -0.33 | -9.82 |
| NEIMETH | 2.10 | 1.90 | -0.20 | -9.52 |
| NPFMCRFBK | 2.13 | 1.93 | -0.20 | -9.39 |
| NNFM | 42.45 | 38.50 | -3.95 | -9.31 |
| DEAPCAP | 0.67 | 0.61 | -0.06 | -8.96 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| REGALINS | 0.34 | 11 | 70,180,714 |
| MBENEFIT | 0.53 | 39 | 67,276,275 |
| UACN | 15.35 | 42 | 50,333,053 |
| VERITASKAP | 0.35 | 58 | 49,694,208 |
| NB | 37.05 | 131 | 28,605,738 |
| UNIVINSURE | 0.28 | 39 | 21,653,031 |
| GTCO | 39.10 | 175 | 19,676,148 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| AIRTELAFRI | 1800.00 | 12 | 1,951,586,785.90 |
| NB | 37.05 | 131 | 1,059,847,177.05 |
| UACN | 15.35 | 42 | 772,693,116.85 |
| GTCO | 39.10 | 175 | 769,253,449.90 |
| ZENITHBANK | 35.00 | 387 | 668,037,673.25 |
| ACCESSCORP | 20.25 | 355 | 273,732,216.45 |
| UBA | 22.50 | 261 | 208,185,401.55 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive, which is primarily driven by investors’ buying interest to end the week . We expect the market to continue to sway towards the positive direction in the week ahead.
