Trading activities in the Nigerian Equities Market closed positive today, Monday (07/08/2023) by 0.21% as the NGX-ASI increased to 65,336.80 compared to 65,198.08 recorded at the close of the previous trading day; indicating a YTD return of +27.48%.
Similarly, the market capitalization increased today by N76 billion to N35.555 trillion from N35.479 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.892 billion from N6.073 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.04x as 25 stocks advanced and 24 stocks declined, while 62 stocks remained unchanged. ENAMELWA topped the gainers’ list with +9.86% , while OMATEK declined by -8.82% to lead the losers’ chart.
STERLINGNG recorded the highest volume of stocks traded while MTNN recorded the highest value for the day.
Read: NGX Price List for Monday, 7th August 2023
MARKET STATISTICS
| CAP | N35,555,204,255,238.68 | One Day (ASI CHG) | +0.21% |
| Index | 65,336.71 | One Week (ASI CHG) | +1.55% |
| Volume | 334,333,242 | One Month (ASI CHG) | +1.13% |
| Value | N3,891,581,598.02 | Six Months (ASI CHG) | +20.33% |
| Deals | 6,940 | 52 Weeks (ASI CHG) | +28.81% |
| Gainers | 25 | Losers | 24 |
| Unchanged | 62 | Total | 111 |
| YTD Returns | +27.48% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.21 |
| NGX30 | 0.18 |
| NGXBNK | 0.81 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | -0.01 |
| NGXINS | -1.16 |
| NGXLOTUSISLM | 0.19 |
| NGXOILGAS | 0.12 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| ENAMELWA | 17.75 | 19.50 | 1.75 | 9.86 |
| WEMABANK | 4.30 | 4.72 | 0.42 | 9.77 |
| UPL | 2.26 | 2.48 | 0.22 | 9.73 |
| SUNUASSUR | 0.93 | 1.02 | 0.09 | 9.68 |
| GLAXOSMITH | 8.90 | 9.75 | 0.85 | 9.55 |
| MAYBAKER | 4.90 | 5.35 | 0.45 | 9.18 |
| TANTALIZER | 0.33 | 0.36 | 0.03 | 9.09 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| OMATEK | 0.34 | 0.31 | -0.03 | -8.82 |
| PRESTIGE | 0.51 | 0.47 | -0.04 | -7.84 |
| CORNERST | 0.97 | 0.90 | -0.07 | -7.22 |
| WAPIC | 0.67 | 0.63 | -0.04 | -5.97 |
| UACN | 10.95 | 10.35 | -0.60 | -5.48 |
| FTNCOCOA | 2.40 | 2.27 | -0.13 | -5.42 |
| LINKASSURE | 0.84 | 0.80 | -0.04 | -4.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| STERLINGNG | 3.65 | 140 | 55,141,484 |
| FCMB | 6.15 | 165 | 28,249,477 |
| FIDELITYBK | 8.15 | 202 | 18,842,475 |
| JAPAULGOLD | 1.00 | 116 | 17,355,964 |
| ACCESSCORP | 17.30 | 343 | 17,100,798 |
| TRANSCORP | 3.70 | 212 | 15,736,631 |
| WEMABANK | 4.72 | 123 | 14,975,154 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| MTNN | 280.00 | 393 | 559,393,971.80 |
| ACCESSCORP | 17.30 | 343 | 296,635,667.15 |
| STANBIC | 64.00 | 50 | 276,435,003.15 |
| ETERNA | 21.65 | 356 | 235,159,631.20 |
| ZENITHBANK | 34.20 | 294 | 197,937,303.10 |
| STERLINGNG | 3.65 | 140 | 197,266,128.80 |
| DANGSUGAR | 35.75 | 373 | 186,435,795.60 |
OUTLOOK
The Nigerian Equities market resumed bullish performance on resumption of trading for the week. Trading is expected to experience mixed performance in result in the days to come even as companies continue to release their half year financial earnings and dividends payouts.
