Trading activities in the Nigerian Equities Market closed positive today, Thursday (14/12/2023) by 0.22% as the NGX-ASI increased to 72,455.83 from 72,299.79 recorded at the close of the previous trading day; indicating a YTD return of +41.37%.
Similarly, the market capitalization increased today by N85 billion to N39.649 trillion from N39.564 trillion recorded at the close of the previous trading day, also the market turnover decreased to N7.26 billion from N8.07 billion.
The market breadth was positive at 1.00X as 26 stocks advanced and 26 stocks declined, while 67 stocks remained unchanged. INFINITY topped the gainers’ list with +9.83%, while RTBRISCOE declined by -9.84% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and highest value for the day.
Read: NGX Price List for Thursday, 14th December 2023
MARKET STATISTICS
| CAP | N39,649,044,696,982.57 | One Day (ASI CHG) | +0.22% |
| Index | 72,455.83 | One Week (ASI CHG) | +1.40% |
| Volume | 446,582,797 | One Month (ASI CHG) | +2.28% |
| Value | N7,255,695,677.70 | Six Months (ASI CHG) | +22.80% |
| Deals | 6,845 | 52 Weeks (ASI CHG) | +47.91% |
| Gainers | 26 | Losers | 26 |
| Unchanged | 67 | Total | 119 |
| YTD Returns | +41.37% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.22 |
| NGX30 | 0.26 |
| NGXBNK | 1.90 |
| NGXCNSMRGDS | 0.01 |
| NGXINDUSTR | 0.02 |
| NGXINS | -1.94 |
| NGXLOTUSISLM | -0.02 |
| NGXOILGAS | 0.02 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| INFINITY | 2.34 | 2.57 | 0.23 | 9.83 |
| JOHNHOLT | 1.85 | 2.03 | 0.18 | 9.73 |
| IKEJAHOTEL | 4.35 | 4.75 | 0.40 | 9.20 |
| ETRANZACT | 6.50 | 7.00 | 0.50 | 7.69 |
| DAARCOMM | 0.39 | 0.42 | 0.03 | 7.69 |
| GUINEAINS | 0.27 | 0.29 | 0.02 | 7.41 |
| STERLINGNG | 3.98 | 4.17 | 0.19 | 4.77 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| RTBRISCOE | 0.61 | 0.55 | -0.06 | -9.84 |
| UPDCREIT | 4.60 | 4.15 | -0.45 | -9.78 |
| MBENEFIT | 0.53 | 0.48 | -0.05 | -9.43 |
| OMATEK | 0.77 | 0.71 | -0.06 | -7.79 |
| SOVRENINS | 0.39 | 0.36 | -0.03 | -7.69 |
| CONHALLPLC | 1.16 | 1.09 | -0.07 | -6.03 |
| NSLTECH | 0.67 | 0.63 | -0.04 | -5.97 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 22.80 | 598 | 77,254,870 |
| FCMB | 7.05 | 227 | 45,235,452 |
| ZENITHBANK | 37.10 | 487 | 37,289,741 |
| UBA | 24.60 | 517 | 29,300,628 |
| FIDELITYBK | 9.25 | 218 | 27,512,103 |
| JAIZBANK | 1.50 | 164 | 21,918,510 |
| MBENEFIT | 0.48 | 66 | 19,157,914 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ACCESSCORP | 22.80 | 598 | 1,755,966,581.10 |
| ZENITHBANK | 37.10 | 487 | 1,380,309,359.55 |
| GTCO | 39.90 | 197 | 749,625,329.00 |
| UBA | 24.60 | 517 | 724,064,445.80 |
| FCMB | 7.05 | 227 | 318,608,865.15 |
| FIDELITYBK | 9.25 | 218 | 257,281,180.00 |
| FBNH | 24.40 | 252 | 207,380,962.10 |
OUTLOOK
The Nigerian Equities market witnessed a sustained run of its positive performance since the week started. Bargain hunting sentiment of investors into Tier-1 banks stocks and a number of other fundamentally sound stocks on the floor on the exchange, continue to sway the performance of the market on a positive path. This is expected to continue as trading approaches the end of the week.
