Trading activities in the Nigerian Equities Market closed negative today, Friday (28/07/2023) by 0.65% as the NGX-ASI decreased to 65,056.39 compared to 65,482.91 recorded at the close of the previous trading day; indicating a YTD return of +26.94%. The market performance for the week however increased by 0.08% to 65,056.39 compared to 65,003.39 recorded at the beginning of the week (24/07/2023).
Similarly, the market capitalization decreased for the day by N238.01 billion to N35,394.76 trillion from N35,632.77 trillion recorded at the close of the previous trading day, while the market turnover increased to N5.345 billion from N4.795 billion recorded at the close of the previous trading day.
The market breadth was negative at 0.55x as 21 stocks advanced and 38 stocks declined, while 53 stocks remained unchanged. COURTVILLE topped the gainers’ list with +10.00% , while CHAMS declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and the highest value for the day.
Read: NGX Price List for Friday, 28th July 2023
MARKET STATISTICS
| CAP | N35,402,661,685,303.96 | One Day (ASI CHG) | -0.65% |
| Index | 65,056.39 | One Week (ASI CHG) | +0.08% |
| Volume | 459,770,373 | One Month (ASI CHG) | +8.23% |
| Value | N5,345,467,480.33 | Six Months (ASI CHG) | +23.55% |
| Deals | 8,051 | 52 Weeks (ASI CHG) | +30.98% |
| Gainers | 21 | Losers | 38 |
| Unchanged | 53 | Total | 112 |
| YTD Returns | +26.94% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.65 |
| NGX30 | -0.6 |
| NGXBNK | -1.26 |
| NGXCNSMRGDS | -1.27 |
| NGXINDUSTR | -0.19 |
| NGXINS | -1.83 |
| NGXLOTUSISLM | -0.3 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Change Price | Change % |
| COURTVILLE | 0.60 | 0.66 | 0.06 | 10.00 |
| ABBEYBDS | 1.01 | 1.10 | 0.09 | 8.91 |
| OMATEK | 0.45 | 0.49 | 0.04 | 8.89 |
| REGALINS | 0.37 | 0.40 | 0.03 | 8.11 |
| NASCON | 33.40 | 36.00 | 2.60 | 7.78 |
| NAHCO | 18.75 | 19.90 | 1.15 | 6.13 |
| SOVRENINS | 0.66 | 0.70 | 0.04 | 6.06 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Change Price | Change % |
| CHAMS | 1.10 | 0.99 | – 0.11 | – 10.00 |
| GUINNESS | 74.00 | 66.60 | – 7.40 | – 10.00 |
| JOHNHOLT | 2.44 | 2.20 | – 0.24 | – 9.84 |
| CADBURY | 13.80 | 12.45 | – 1.35 | – 9.78 |
| GLAXOSMITH | 8.20 | 7.40 | – 0.80 | – 9.76 |
| MAYBAKER | 5.41 | 4.92 | – 0.49 | – 9.06 |
| MANSARD | 3.73 | 3.40 | – 0.33 | – 8.85 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 14.50 | 422.00 | 57,621,856 |
| JAPAULGOLD | 1.02 | 288.00 | 48,088,130 |
| ACCESSCORP | 17.50 | 443.00 | 44,160,309 |
| FIDELITYBK | 8.50 | 312.00 | 37,643,899 |
| TRANSCORP | 3.65 | 350.00 | 32,463,884 |
| FBNH | 18.55 | 277.00 | 25,459,329 |
| STERLINGNG | 3.50 | 163.00 | 14,591,394 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value |
| UBA | 14.50 | 422.00 | 832,313,551.20 |
| ACCESSCORP | 17.50 | 443.00 | 766,948,552.20 |
| FBNH | 18.55 | 277.00 | 473,914,124.15 |
| ZENITHBANK | 34.00 | 348.00 | 438,620,168.90 |
| FIDELITYBK | 8.50 | 312.00 | 320,715,183.20 |
| GTCO | 37.05 | 256.00 | 261,206,586.55 |
| DANGSUGAR | 30.00 | 253.00 | 208,177,940.35 |
OUTLOOK
The Nigerian Exchange (NGX) closed negative in today’s trading however, the performance swirled towards gain to close for the week . We anticipate gains in the coming week as companies release their half year financial earnings.
