Trading activities in the Nigerian Equities Market closed positive today, Monday (17/07/2023) as the NGX-ASI increased by 0.60% to close at 62,943.35 compared to 62,569.73 recorded at the close of the previous trading day; indicating a YTD return of +22.81%.
Similarly, the market capitalization increased by N203.44 billion to N34.27328 trillion from N34.06984 trillion recorded at the close of the previous trading day, while the market turnover increased to N13.83 billion from N8.83 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.39x as 39 stocks advanced and 28 stocks declined, while 47 stocks remained unchanged. UNILEVER topped the gainers’ list with +10.00%, while VERITASKAP declined by -10.00% to lead the losers’ chart.
STERLINGNG recorded the highest volume, while DANGCEM recorded highest value for the day.
Read: NGX Price List for Monday, 17th July 2023
MARKET STATISTICS
| CAP | N34,273,276,418,417.19 | One Day (ASI CHG) | +0.60% |
| Index | 62,943.35 | One Week (ASI CHG) | -2.57% |
| Volume | 710,018,266 | One Month (ASI CHG) | +6.66% |
| Value | N13,829,290,156.65 | Six Months (ASI CHG) | +19.43% |
| Deals | 8,979 | 52 Weeks (ASI CHG) | +20.55% |
| Gainers | 39 | Losers | 28 |
| Unchanged | 47 | Total | 114 |
| YTD Returns | +22.81% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.60 |
| NGX30 | 0.63 |
| NGXBNK | 7.57 |
| NGXCNSMRGDS | -0.66 |
| NGXINDUSTR | -0.69 |
| NGXINS | 0.37 |
| NGXLOTUSISLM | 0.02 |
| NGXOILGAS | -0.62 |
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Change Price | % Change |
| UNILEVER | 14.50 | 15.95 | 1.45 | 10.00 |
| FIDELITYBK | 6.70 | 7.37 | 0.67 | 10.00 |
| DAARCOMM | 0.30 | 0.33 | 0.03 | 10.00 |
| STERLINGNG | 3.11 | 3.42 | 0.31 | 9.97 |
| JOHNHOLT | 1.81 | 1.99 | 0.18 | 9.94 |
| GOLDBREW | 2.93 | 3.22 | 0.29 | 9.90 |
| WEMABANK | 4.05 | 4.45 | 0.40 | 9.88 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price (N) | Change Price | % Change |
| VERITASKAP | 0.30 | 0.27 | -0.03 | -10.00 |
| UBN | 7.00 | 6.30 | -0.70 | -10.00 |
| PZ | 18.00 | 16.20 | -1.80 | -10.00 |
| SFSREIT | 77.00 | 69.30 | -7.70 | -10.00 |
| FTNCOCOA | 2.82 | 2.54 | -0.28 | -9.93 |
| ETERNA | 26.30 | 23.70 | -2.60 | -9.89 |
| ABBEYBDS | 1.52 | 1.37 | -0.15 | -9.87 |
Top 7 Traded Stocks By Volume
| Securities | Close Price (N) | Number of Trades | Volume |
| STERLINGNG | 3.42 | 345 | 65,948,524 |
| TRANSCORP | 3.71 | 425 | 62,200,916 |
| UNITYBNK | 1.52 | 171 | 59,665,747 |
| ACCESSCORP | 16.40 | 642 | 51,054,571 |
| UNIVINSURE | 0.25 | 85 | 49,806,867 |
| FIDELITYBK | 7.37 | 302 | 47,294,502 |
| FCMB | 6.00 | 247 | 40,666,676 |
Top 7 Traded Stocks By Value
| Securities | Close Price (N) | Number of Trades | Value (N) |
| DANGCEM | 330.00 | 300 | 7,487,485,227.10 |
| ACCESSCORP | 16.40 | 642 | 828,767,400.35 |
| FBNH | 17.35 | 336 | 682,594,783.55 |
| VITAFOAM | 21.90 | 113 | 572,893,089.45 |
| UBA | 14.00 | 523 | 500,900,278.20 |
| ZENITHBANK | 33.95 | 372 | 444,955,396.20 |
| GTCO | 34.00 | 371 | 389,485,843.95 |
OUTLOOK
Increase in today’s market capitalization paved way for an impressive start to this week’s trading. Investors sentiment is expected to continue to direct mix performance of trading through out the week as both profit-taking and bargain hunting are expected to take place during the week.
