Trading activities in the Nigerian Equities Market closed negative today, Wednesday (16/08/2023) by 0.47% as the NGX-ASI decreased to 64,625.28 compared to 64,928.98 recorded at the close of the previous trading day; indicating a YTD return of +26.90%.
The market capitalization decreased today by N58.48 billion to N35.369 trillion from N35.357 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.432 billion from N4.645 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.73x as 16 stocks advanced and 22 stocks declined, while 76 stocks remained unchanged. ETERNA topped the gainers’ list with +10.00% , while NEM declined by -10.00% to lead the losers’ chart.
GTCO recorded the highest volume of stocks traded while AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Wednesday, 167th August 2023
MARKET STATISTICS
| CAP | N35,369,876,714,980.28 | One Day (ASI CHG) | -0.47% |
| Index | 64,625.28 | One Week (ASI CHG) | -0.58% |
| Volume | 291,714,158 | One Month (ASI CHG) | +1.82% |
| Value | N7,432,159,383.77 | Six Months (ASI CHG) | +19.34% |
| Deals | 6,213 | 52 Weeks (ASI CHG) | +30.95% |
| Gainers | 16 | Losers | 22 |
| Unchanged | 76 | Total | 114 |
| YTD Returns | +26.90% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | -0.47 |
| NGX30 | -0.48 |
| NGXBNK | -0.44 |
| NGXCNSMRGDS | 2.42 |
| NGXINDUSTR | 0.00 |
| NGXINS | -2.83 |
| NGXLOTUSISLM | -0.23 |
| NGXOILGAS | 0.36 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| ETERNA | 16.00 | 17.60 | 1.60 | 10.00 |
| CWG | 3.02 | 3.28 | 0.26 | 8.61 |
| FTNCOCOA | 2.01 | 2.15 | 0.14 | 6.97 |
| LIVESTOCK | 1.80 | 1.90 | 0.10 | 5.56 |
| VITAFOAM | 20.90 | 21.90 | 1.00 | 4.78 |
| UNIVINSURE | 0.22 | 0.23 | 0.01 | 4.55 |
| BUAFOODS | 134.00 | 139.85 | 5.85 | 4.37 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| NEM | 6.00 | 5.40 | -0.60 | -10.00 |
| SUNUASSUR | 0.94 | 0.86 | -0.08 | -8.51 |
| GUINEAINS | 0.38 | 0.35 | -0.03 | -7.89 |
| CORNERST | 1.41 | 1.31 | -0.10 | -7.09 |
| OMATEK | 0.34 | 0.32 | -0.02 | -5.88 |
| UPDC | 1.12 | 1.06 | -0.06 | -5.36 |
| AIRTELAFRI | 1319.90 | 1250.00 | -69.90 | -5.30 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| GTCO | 37.20 | 351 | 41,746,658 |
| UNIVINSURE | 0.23 | 58 | 22,841,131 |
| UBA | 14.00 | 251 | 22,553,279 |
| STERLINGNG | 3.59 | 339 | 21,642,813 |
| TRANSCORP | 4.00 | 173 | 15,703,369 |
| FIDELITYBK | 7.30 | 237 | 14,996,038 |
| CHIPLC | 0.92 | 56 | 13,853,542 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| AIRTELAFRI | 1250.00 | 36 | 1,817,780,313.20 |
| GTCO | 37.20 | 351 | 1,552,870,299.55 |
| MTNN | 280.00 | 327 | 1,106,054,202.30 |
| ZENITHBANK | 34.45 | 309 | 369,756,273.10 |
| UBA | 14.00 | 251 | 315,379,218.25 |
| DANGCEM | 349.90 | 70 | 279,893,517.10 |
| SEPLAT | 1693.60 | 52 | 215,547,049.00 |
OUTLOOK
The Nigerian Equities market closed negative in today’s trading.However, with companies still releasing their half-year financial earnings, a projected rebound in trading is expected.
