Trading activities in the Nigerian Equities Market closed positive today, Tuesday (05/09/2023) by 0.08% as the NGX-ASI increased to 68,334.68 from 68,279.14 recorded at the close of the previous trading day; indicating a YTD return of +33.33%.
Similarly, the market capitalization increased today by N30.39 billion to N37.400 trillion from N37.370 trillion recorded at the close of the previous trading day, while the market turnover decreased to N10.21 billion from N13.04 billion recorded at the close of the previous trading day.
The market breadth was positive at 1.0X as 29 stocks advanced and 29 stocks declined, while 58 stocks remained unchanged. BETAGLASS and 3 other stocks topped the gainers’ list with +10.00% , while NSLTECH declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume while GTCO was the highest value for the day.
Read: NGX Price List for Tuesday, 5th September 2023
MARKET STATISTICS
| CAP | N37,400,054,100,049.22 | One Day (ASI CHG) | +0.08% |
| Index | 68,334.68 | One Week (ASI CHG) | +2.77% |
| Volume | 557,852,944 | One Month (ASI CHG) | +4.63% |
| Value | N10,210,294,052.65 | Six Months (ASI CHG) | +22.46% |
| Deals | 9,818 | 52 Weeks (ASI CHG) | +36.69% |
| Gainers | 29 | Losers | 29 |
| Unchanged | 58 | Total | 116 |
| YTD Returns | +33.33% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.08 |
| NGX30 | -0.11 |
| NGXBNK | -0.60 |
| NGXCNSMRGDS | 1.98 |
| NGXINDUSTR | 0.03 |
| NGXINS | -0.11 |
| NGXLOTUSISLM | 0.30 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| BETAGLAS | 39.00 | 42.90 | 3.90 | 10.00 |
| MULTIVERSE | 2.70 | 2.97 | 0.27 | 10.00 |
| SUNUASSUR | 0.80 | 0.88 | 0.08 | 10.00 |
| OMATEK | 0.50 | 0.55 | 0.05 | 10.00 |
| OANDO | 6.10 | 6.70 | 0.60 | 9.84 |
| CWG | 4.00 | 4.39 | 0.39 | 9.75 |
| ABCTRANS | 1.04 | 1.13 | 0.09 | 8.65 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NSLTECH | 0.30 | 0.27 | -0.03 | -10.00 |
| IKEJAHOTEL | 3.10 | 2.80 | -0.30 | -9.68 |
| JOHNHOLT | 1.44 | 1.31 | -0.13 | -9.03 |
| NEIMETH | 1.68 | 1.53 | -0.15 | -8.93 |
| CORNERST | 1.27 | 1.18 | -0.09 | -7.09 |
| MAYBAKER | 5.20 | 4.85 | -0.35 | -6.73 |
| TRANSCORP | 7.05 | 6.59 | -0.46 | -6.52 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 15.30 | 537 | 63,322,010 |
| OANDO | 6.70 | 379 | 61,258,964 |
| FIDELITYBK | 8.45 | 449 | 58,141,935 |
| ACCESSCORP | 17.25 | 502 | 42,110,310 |
| TRANSCORP | 6.59 | 656 | 40,699,403 |
| GTCO | 39.50 | 481 | 38,648,564 |
| ZENITHBANK | 37.00 | 510 | 34,359,310 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value |
| GTCO | 39.50 | 481 | 1,528,376,693.50 |
| ZENITHBANK | 37.00 | 510 | 1,272,329,550.20 |
| DANGSUGAR | 70.00 | 865 | 1,134,237,384.70 |
| UBA | 15.30 | 537 | 951,178,412.95 |
| ACCESSCORP | 17.25 | 502 | 728,417,876.75 |
| NASCON | 61.00 | 366 | 522,174,471.85 |
| FIDELITYBK | 8.45 | 449 | 486,483,724.75 |
OUTLOOK
Bulls continue to stamp dominance in the Nigerian stock market as the market closed positive today. This is a testament to investors confidence in the market amidst other positive fundamental metrics. This momentum is expected to continue as we predict the market to close the week on a positive note.
