Trading activities in the Nigerian Equities Market closed negative today, Thursday (07/12/2023) by 0.49% as the NGX-ASI decreased to71,457.92 from 71,808.64 recorded at the close of the previous trading day; indicating a YTD return of +39.43%.
Similarly, the market capitalization decreased today by N191.92 billion to N39.10 trillion from N39.29 trillion recorded at the close of the previous trading day, the market turnover also decreased to N7.47 billion from N12.10 billion.
The market breadth was negative at 0.76X as 22 stocks advanced and 29 stocks declined, while 71 stocks remained unchanged. MULTIVERSE topped the gainers’ list with +9.91%, while FBNH declined by -9.86% to lead the losers’ chart.
UNIVINSURE recorded the highest volume and NB recorded the highest value for the day.
Read: NGX Price List for Thursday, 7th December 2023
MARKET STATISTICS
| CAP | N39,102,969,681,861.41 | One Day (ASI CHG) | -0.49% |
| Index | 71,457.92 | One Week (ASI CHG) | +0.13% |
| Volume | 432,905,838 | One Month (ASI CHG) | +1.20% |
| Value | N7,472,702,941.65 | Six Months (ASI CHG) | +27.76% |
| Deals | 7,005 | 52 Weeks (ASI CHG) | +47.56% |
| Gainers | 22 | Losers | 29 |
| Unchanged | 71 | Total | 122 |
| YTD Returns | +39.43% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.49 |
| NGX30 | -0.50 |
| NGXBNK | -2.01 |
| NGXCNSMRGDS | 0.03 |
| NGXINDUSTR | -0.01 |
| NGXINS | 1.83 |
| NGXLOTUSISLM | 0.05 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| MULTIVERSE | 7.77 | 8.54 | 0.77 | 9.91 |
| MANSARD | 4.10 | 4.50 | 0.40 | 9.76 |
| SCOA | 1.23 | 1.35 | 0.12 | 9.76 |
| INFINITY | 1.47 | 1.61 | 0.14 | 9.52 |
| WAPIC | 0.65 | 0.71 | 0.06 | 9.23 |
| NPFMCRFBK | 1.96 | 2.13 | 0.17 | 8.67 |
| UNIVINSURE | 0.25 | 0.27 | 0.02 | 8.00 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| FBNH | 29.40 | 26.50 | -2.90 | -9.86 |
| NSLTECH | 0.83 | 0.75 | -0.08 | -9.64 |
| DEAPCAP | 0.74 | 0.67 | -0.07 | -9.46 |
| CHAMPION | 3.55 | 3.30 | -0.25 | -7.04 |
| TANTALIZER | 0.50 | 0.47 | -0.03 | -6.00 |
| JAIZBANK | 1.60 | 1.51 | -0.09 | -5.63 |
| ACCESSCORP | 21.10 | 20.00 | -1.10 | -5.21 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UNIVINSURE | 0.27 | 87 | 52,725,455 |
| VERITASKAP | 0.36 | 90 | 44,573,108 |
| NB | 37.10 | 112 | 37,460,593 |
| ACCESSCORP | 20.00 | 604 | 34,650,703 |
| ZENITHBANK | 35.25 | 495 | 31,620,189 |
| UBA | 21.90 | 511 | 24,803,871 |
| GTCO | 39.00 | 321 | 21,207,859 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| NB | 37.10 | 112 | 1,388,075,972.55 |
| ZENITHBANK | 35.25 | 495 | 1,121,064,527.50 |
| GTCO | 39.00 | 321 | 834,211,062.45 |
| SEPLAT | 2310.10 | 45 | 832,454,634.70 |
| ACCESSCORP | 20.00 | 604 | 705,852,519.80 |
| UBA | 21.90 | 511 | 545,444,305.80 |
| NIDF | 108.30 | 35 | 431,481,403.90 |
OUTLOOK
The Nigerian Exchange (NGX) closed in negative territory at the end of Thursday’s trading session on low trading volume. Amid intermittent profit-taking activities, we expect investors’ appetite to decide market swing at the close of trading for this week.
