Trading activities in the Nigerian Equities Market closed negative today, Friday (15/12/2023) by 0.09% as the NGX-ASI decreased to 72,389.23 from 72,455.83 recorded at the close of the previous trading day; indicating a YTD return of +41.24%.
The market performance for the week increased by 1.18% to 72,389.23 from 71541.74 recorded at the beginning of the week.
Similarly, the market capitalization decreased today by N36.44 billion to N39.612 trillion from N39.649 trillion recorded at the close of the previous trading day, also the market turnover decreased to N6.56 billion from N7.26 billion.
The market breadth was positive at 2.47X as 37 stocks advanced and 15 stocks declined, while 61 stocks remained unchanged. NNFM topped the gainers’ list with +9.93%, while UNIVINSURE declined by -7.14% to lead the losers’ chart.
GTCO recorded the highest volume and highest value for the day.
Read: NGX Price List for Friday, 15th December 2023
MARKET STATISTICS
| CAP | N39,612,600,354,023.96 | One Day (ASI CHG) | -0.09% |
| Index | 72,389.23 | One Week (ASI CHG) | +1.18% |
| Volume | 307,154,235 | One Month (ASI CHG) | +1.94% |
| Value | N6,566,809,648.75 | Six Months (ASI CHG) | +22.69% |
| Deals | 6,016 | 52 Weeks (ASI CHG) | +47.03% |
| Gainers | 37 | Losers | 15 |
| Unchanged | 61 | Total | 113 |
| YTD Returns | +41.24% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.09 |
| NGX30 | -0.12 |
| NGXBNK | -0.72 |
| NGXCNSMRGDS | 0.36 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.82 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | 0.94 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NNFM | 35.25 | 38.75 | 3.50 | 9.93 |
| CADBURY | 14.60 | 16.05 | 1.45 | 9.93 |
| JOHNHOLT | 2.03 | 2.23 | 0.20 | 9.85 |
| INFINITY | 2.57 | 2.82 | 0.25 | 9.73 |
| UPDCREIT | 4.15 | 4.55 | 0.40 | 9.64 |
| DAARCOMM | 0.42 | 0.46 | 0.04 | 9.52 |
| RTBRISCOE | 0.55 | 0.60 | 0.05 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UNIVINSURE | 0.28 | 0.26 | -0.02 | -7.14 |
| LIVESTOCK | 1.80 | 1.71 | -0.09 | -5.00 |
| FBNH | 24.40 | 23.20 | -1.20 | -4.92 |
| FTNCOCOA | 1.51 | 1.46 | -0.05 | -3.31 |
| OANDO | 10.80 | 10.45 | -0.35 | -3.24 |
| CWG | 7.20 | 7.00 | -0.20 | -2.78 |
| ACCESSCORP | 22.80 | 22.20 | -0.60 | -2.63 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| GTCO | 39.90 | 225 | 51,076,672 |
| ZENITHBANK | 37.10 | 420 | 24,703,447 |
| UBA | 24.15 | 463 | 24,496,341 |
| WAPCO | 29.75 | 113 | 16,811,578 |
| UNILEVER | 14.85 | 48 | 15,735,005 |
| TRANSCORP | 6.96 | 206 | 15,621,428 |
| JAIZBANK | 1.55 | 136 | 12,078,695 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.90 | 225 | 2,035,674,781.90 |
| ZENITHBANK | 37.10 | 420 | 912,424,472.40 |
| UBA | 24.15 | 463 | 596,897,439.05 |
| WAPCO | 29.75 | 113 | 500,722,992.75 |
| MTNN | 245.00 | 195 | 376,848,391.00 |
| ACCESSCORP | 22.20 | 398 | 260,372,304.70 |
| UNILEVER | 14.85 | 48 | 228,325,454.30 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed negative for the day but positive for the week, this is primarily driven by investors’ buying interest. We expect the market to continue to sway towards mixed sentiment in the week ahead.
