Trading activities in the Nigerian Equities Market closed negative today, Thursday (14/09/2023) by 0.06% as the NGX-ASI decreased to 67,335.30 from 67,378.88 recorded at the close of the previous trading day; indicating a YTD return of +31.38%.
Similarly, the market capitalization decreased today by N23.85 billion to N36,853 trillion from N36,877 trillion recorded at the close of the previous trading day, while the market turnover increased to N14.17 billion from N8.69 billion.
The market breadth was flat at 1X as 25 stocks advanced and 25 stocks declined, while 62 stocks remained unchanged. LEARNAFRCA topped the gainers’ list with +9.97%, while ETRANZACT declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 14th September 2023
MARKET STATISTICS
| CAP | N36,853,089,650,036.42 | One Day (ASI CHG) | -0.06% |
| Index | 67,335.30 | One Week (ASI CHG) | -1.10% |
| Volume | 788,536,741 | One Month (ASI CHG) | +3.26% |
| Value | N14,169,808,092.70 | Six Months (ASI CHG) | +20.84% |
| Deals | 8,810 | 52 Weeks (ASI CHG) | +35.82% |
| Gainers | 25 | Losers | 25 |
| Unchanged | 62 | Total | 112 |
| YTD Returns | +31.38% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.06 |
| NGX30 | -0.17 |
| NGXBNK | 0.68 |
| NGXCNSMRGDS | -0.28 |
| NGXINDUSTR | 0.09 |
| NGXINS | 0.51 |
| NGXLOTUSISLM | -0.16 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| LEARNAFRCA | 3.01 | 3.31 | 0.30 | 9.97 |
| ACADEMY | 1.71 | 1.88 | 0.17 | 9.94 |
| CHIPLC | 0.84 | 0.92 | 0.08 | 9.52 |
| COURTVILLE | 0.54 | 0.59 | 0.05 | 9.26 |
| REGALINS | 0.33 | 0.36 | 0.03 | 9.09 |
| VERITASKAP | 0.24 | 0.26 | 0.02 | 8.33 |
| UBA | 15.15 | 16.40 | 1.25 | 8.25 |
Top 7 Losers
| Securities | Previous Close (N) | Close Price (N) | Price Change | % Change |
| ETRANZACT | 8.00 | 7.20 | -0.80 | -10.00 |
| IKEJAHOTEL | 3.05 | 2.75 | -0.30 | -9.84 |
| ABCTRANS | 0.92 | 0.83 | -0.09 | -9.78 |
| GUINEAINS | 0.32 | 0.29 | -0.03 | -9.38 |
| RTBRISCOE | 0.44 | 0.40 | -0.04 | -9.09 |
| NNFM | 14.75 | 13.50 | -1.25 | -8.47 |
| CUTIX | 2.34 | 2.21 | -0.13 | -5.56 |
Top 7 Traded Stocks By Volume
| Securities | Close Price (N) | Number of Trades | Daily Volume |
| UBA | 16.40 | 1595 | 301,025,930 |
| STERLINGNG | 3.79 | 85 | 82,476,437 |
| CHIPLC | 0.92 | 71 | 46,031,120 |
| OANDO | 10.35 | 726 | 36,690,793 |
| FIDELITYBK | 8.35 | 316 | 31,399,953 |
| ACCESSCORP | 17.00 | 437 | 28,667,483 |
| TRANSCORP | 6.30 | 442 | 27,487,806 |
Top 7 Traded Stocks By Value
| Securities | Close Price (N) | Number of Trades | Daily Value (N) |
| UBA | 16.40 | 1595 | 4,892,251,702.65 |
| SEPLAT | 1837.00 | 52 | 2,371,179,181.00 |
| NB | 38.75 | 100 | 801,531,110.40 |
| DANGSUGAR | 57.20 | 479 | 694,779,927.40 |
| MTNN | 270.00 | 196 | 673,548,318.80 |
| ZENITHBANK | 33.00 | 461 | 529,454,084.45 |
| ACCESSCORP | 17.00 | 437 | 482,340,887.25 |
OUTLOOK
We expect the mixed sentiment to continue in the coming trading sessions as we see investors leaning towards listed companies with strong corporate actions, as they also continues to cherry pick stocks with strong fundamentals and improved dividend yield.
