Trading activities in the Nigerian Equities Market closed positive today, Friday (11/08/2023) by 0.18% as the NGX-ASI increased to 65,325.37 compared to 65,204.82 recorded at the close of the previous trading day; indicating a YTD return of +27.46%. The market performance for the week likewise increased by 0.20% to 65,325.37 compared to 65,336.71 recorded at the beginning of the week (07/08/2023).
Similarly, the market capitalization increased today by N88.72 billion to N35.572 trillion from N35.483 trillion recorded at the close of the previous trading day, while the market turnover increased to N8.362 billion from N5.743 billion recorded at the close of the previous trading day.
The market breadth was negative at 1.12x as 28 stocks advanced and 25 stocks declined, while 61 stocks remained unchanged. SFSREIT topped the gainers’ list with +9.96% , while ENAMELWA declined by -10.00% to lead the losers’ chart.
STERLINGNG recorded the highest volume of stocks traded while SEPLAT recorded the highest value for the day.
Read: NGX Price List for Friday, 11th August 2023
MARKET STATISTICS
| CAP | N35,572,448,180,728.75 | One Day (ASI CHG) | +0.18% |
| Index | 65,325.37 | One Week (ASI CHG) | +0.20% |
| Volume | 489,690,646 | One Month (ASI CHG) | +2.00% |
| Value | N8,362,846,662.47 | Six Months (ASI CHG) | +20.24% |
| Deals | 5,804 | 52 Weeks (ASI CHG) | +30.61% |
| Gainers | 28 | Losers | 25 |
| Unchanged | 61 | Total | 114 |
| YTD Returns | +27.46% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.18 |
| NGX30 | 0.30 |
| NGXBNK | 0.01 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | -0.05 |
| NGXINS | 0.37 |
| NGXLOTUSISLM | 0.07 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Change Price | %Change |
| SFSREIT | 69.30 | 76.20 | 6.90 | 9.96 |
| CWG | 2.75 | 3.02 | 0.27 | 9.82 |
| GLAXOSMITH | 9.20 | 10.10 | 0.90 | 9.78 |
| CORNERST | 1.08 | 1.18 | 0.10 | 9.26 |
| TRANSCORP | 3.59 | 3.89 | 0.30 | 8.36 |
| GUINEAINS | 0.36 | 0.39 | 0.03 | 8.33 |
| TANTALIZER | 0.36 | 0.39 | 0.03 | 8.33 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Change Price | %Change |
| ENAMELWA | 19.50 | 17.55 | -1.95 | -10.00 |
| VERITASKAP | 0.30 | 0.27 | -0.03 | -10.00 |
| PRESTIGE | 0.51 | 0.46 | -0.05 | -9.80 |
| RTBRISCOE | 0.47 | 0.43 | -0.04 | -8.51 |
| MBENEFIT | 0.51 | 0.47 | -0.04 | -7.84 |
| PZ | 18.00 | 17.00 | -1.00 | -5.56 |
| REGALINS | 0.42 | 0.40 | -0.02 | -4.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| STERLINGNG | 3.55 | 112 | 86,114,651 |
| TRANSCORP | 3.89 | 299 | 66,579,642 |
| UNIVINSURE | 0.23 | 94 | 54,847,256 |
| FIDELITYBK | 7.60 | 150 | 21,477,888 |
| ZENITHBANK | 35.00 | 279 | 18,352,845 |
| GTCO | 37.90 | 253 | 17,776,256 |
| VERITASKAP | 0.27 | 61 | 16,369,412 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| SEPLAT | 1693.60 | 72 | 3,535,513,557.90 |
| GTCO | 37.90 | 253 | 675,350,542.55 |
| ZENITHBANK | 35.00 | 279 | 642,101,340.50 |
| DANGSUGAR | 33.00 | 266 | 472,071,201.10 |
| STANBIC | 63.90 | 45 | 371,941,954.00 |
| STERLINGNG | 3.55 | 112 | 298,877,062.61 |
| ACCESSCORP | 17.35 | 296 | 283,599,114.85 |
OUTLOOK
The Nigerian Equities market closed positive in today’s trading, likewise the performance for the week was also positive. We anticipate gains in the coming week as companies continue to release their half year financial earnings and dividends payouts.
