Trading activities in the Nigerian Equities Market closed positive today, Wednesday (02/08/2023) by 0.12% as the NGX-ASI increased to 64,267.36 compared to 64,192.20 recorded at the close of the previous trading day; indicating a YTD return of +25.40%.
Similarly, the market capitalization increased for the day by N41 billion to N34.973 trillion from N34.932trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.269 billion from N7.710 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.20x as 30 stocks advanced and 25 stocks declined, while 56 stocks remained unchanged. ABBEYBDS, CHAMS and NASCON topped the gainers’ list with +10.00%, while THOMASWY declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume and FBNH recorded the highest value for the day.
Read: NGX Price List for Wednesday, 2nd August 2023
MARKET STATISTICS
| CAP | N34,973,282,544,146.24 | One Day (ASI CHG) | 0.12% |
| Index | 64,267.36 | One Week (ASI CHG) | -2.16% |
| Volume | 330,784,391 | One Month (ASI CHG) | +4.46% |
| Value | N4,269,702,769.66 | Six Months (ASI CHG) | +19.02% |
| Deals | 6,251 | 52 Weeks (ASI CHG) | +26.95% |
| Gainers | 30 | Losers | 25 |
| Unchanged | 56 | Total | 111 |
| YTD Returns | +25.40% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | 0.12 |
| NGX30 | 0.1 |
| NGXBNK | -0.35 |
| NGXCNSMRGDS | 0.16 |
| NGXINDUSTR | 0.22 |
| NGXINS | 0.04 |
| NGXLOTUSISLM | 0.09 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| ABBEYBDS | 1.10 | 1.21 | 0.11 | 10.00 |
| CHAMS | 0.90 | 0.99 | 0.09 | 10.00 |
| NASCON | 32.50 | 35.75 | 3.25 | 10.00 |
| SKYAVN | 25.60 | 28.15 | 2.55 | 9.96 |
| DANGSUGAR | 29.70 | 32.65 | 2.95 | 9.93 |
| SUNUASSUR | 0.72 | 0.79 | 0.07 | 9.72 |
| CHIPLC | 0.87 | 0.95 | 0.08 | 9.20 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| THOMASWY | 1.3 | 1.17 | -0.13 | -10.00 |
| UPL | 2.76 | 2.49 | -0.27 | -9.78 |
| OMATEK | 0.41 | 0.37 | -0.04 | -9.76 |
| JOHNHOLT | 1.8 | 1.63 | -0.17 | -9.44 |
| MBENEFIT | 0.53 | 0.48 | -0.05 | -9.43 |
| DAARCOMM | 0.33 | 0.30 | -0.03 | -9.09 |
| RTBRISCOE | 0.56 | 0.51 | -0.05 | -8.93 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 3.61 | 310 | 58,829,257 |
| FBNH | 18 | 243 | 27,951,304 |
| ETI | 15.8 | 56 | 21,303,065 |
| ACCESSCORP | 16.55 | 379 | 20,697,356 |
| CHAMS | 0.99 | 65 | 16,964,136 |
| FCMB | 6.34 | 127 | 15,222,809 |
| UBA | 13.65 | 265 | 14,446,773 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| FBNH | 18 | 243 | 502,759,737.20 |
| ZENITHBANK | 33.5 | 308 | 404,548,690.75 |
| ACCESSCORP | 16.55 | 379 | 341,783,894.60 |
| ETI | 15.8 | 56 | 330,246,461.20 |
| DANGSUGAR | 32.65 | 397 | 316,031,804.90 |
| GTCO | 35.5 | 313 | 276,952,809.50 |
| TRANSCORP | 3.61 | 310 | 209,186,750.99 |
OUTLOOK
Half-year financial earnings and dividend declarations of industries will be the fulcrum of investors decisions. However, expect positive sentiment to dominate the market in the coming days.
