Trading activities in the Nigerian Equities Market closed positive today, Wednesday (13/12/2023) by 0.55% as the NGX-ASI increased to 72,299.79 from 71,907.26 recorded at the close of the previous trading day; indicating a YTD return of +41.07%.
Similarly, the market capitalization increased today by N214.81 billion to N39.56 trillion from N39.35 trillion recorded at the close of the previous trading day, also the market turnover increased to N8.07 billion from N5.88 billion.
The market breadth was positive at 2.13X as 34 stocks advanced and 16 stocks declined, while 64 stocks remained unchanged. SCOA topped the gainers’ list with +9.88%, while UPL declined by -9.82% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 13th December 2023
MARKET STATISTICS
| CAP | N39,563,655,964,746.46 | One Day (ASI CHG) | +0.55% |
| Index | 72,299.79 | One Week (ASI CHG) | +0.68% |
| Volume | 433,180,106 | One Month (ASI CHG) | +1.81% |
| Value | N8,076,244,998.37 | Six Months (ASI CHG) | +22.14% |
| Deals | 6,650 | 52 Weeks (ASI CHG) | +47.99% |
| Gainers | 34 | Losers | 16 |
| Unchanged | 64 | Total | 114 |
| YTD Returns | +41.07% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.55 |
| NGX30 | 0.69 |
| NGXBNK | 3.42 |
| NGXCNSMRGDS | -0.18 |
| NGXINDUSTR | 0.01 |
| NGXINS | -0.88 |
| NGXLOTUSISLM | 0.06 |
| NGXOILGAS | -0.20 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SCOA | 1.62 | 1.78 | 0.16 | 9.88 |
| INFINITY | 2.13 | 2.34 | 0.21 | 9.86 |
| ACCESSCORP | 20.40 | 22.05 | 1.65 | 8.09 |
| CORNERST | 1.35 | 1.45 | 0.10 | 7.41 |
| TRANSCOHOT | 43.90 | 46.90 | 3.00 | 6.83 |
| UPDC | 1.25 | 1.33 | 0.08 | 6.40 |
| ROYALEX | 0.64 | 0.68 | 0.04 | 6.25 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UPL | 2.75 | 2.48 | -0.27 | -9.82 |
| SUNUASSUR | 1.28 | 1.16 | -0.12 | -9.38 |
| ETERNA | 12.45 | 11.45 | -1.00 | -8.03 |
| FLOURMILL | 31.75 | 30.30 | -1.45 | -4.57 |
| CHAMS | 1.98 | 1.90 | -0.08 | -4.04 |
| THOMASWY | 3.05 | 2.95 | -0.10 | -3.28 |
| FTNCOCOA | 1.59 | 1.55 | -0.04 | -2.52 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 22.05 | 658 | 60,181,888 |
| GTCO | 39.90 | 303 | 49,431,898 |
| ZENITHBANK | 36.40 | 472 | 44,781,598 |
| STERLINGNG | 3.98 | 149 | 34,454,488 |
| UBA | 24.00 | 445 | 29,308,920 |
| FCMB | 7.05 | 172 | 28,220,943 |
| NAHCO | 25.00 | 87 | 14,191,442 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.90 | 303 | 1,960,894,944.15 |
| ZENITHBANK | 36.40 | 472 | 1,614,064,412.35 |
| ACCESSCORP | 22.05 | 658 | 1,304,886,618.70 |
| UBA | 24.00 | 445 | 696,040,265.15 |
| NAHCO | 25.00 | 87 | 354,269,876.55 |
| DANGSUGAR | 57.05 | 173 | 226,990,800.50 |
| FBNH | 24.30 | 273 | 200,388,096.00 |
OUTLOOK
The Nigerian Equities market continues impressive run to close positive in today’s trading The trading performance further shows the belief of investors in the market and it is projected that the market sustains positive sentiment throughout the remaining days of the week.
