Trading activities in the Nigerian Equities Market closed positive today, Monday (04/09/2023) by 1.11% as the NGX-ASI increased to 68,279.14 from 67,527.19 recorded at the close of the previous trading day; indicating a YTD return of +33.22%.
Similarly, the market capitalization increased today by N412 billion to N37.370 trillion from N36.958 trillion recorded at the close of the previous trading day, while the market turnover increased to N13.04 billion from N6.92 billion recorded at the close of the previous trading day.
The market breadth was positive at 2.0X as 38 stocks advanced and 19 stocks declined, while 59 stocks remained unchanged. DANGSUGAR topped the gainers’ list with +10.00% , while CHIPLC declined by -9.57% to lead the losers’ chart.
FIDELITYBK recorded the highest volume while ZENITHBANK was the highest value for the day.
Read: NGX Price List for Monday, 4th September 2023
MARKET STATISTICS
| CAP | N37,369,657,083,330.60 | One Day (ASI CHG) | +1.11% |
| Index | 68,279.14 | One Week (ASI CHG) | +3.22% |
| Volume | 845,680,901 | One Month (ASI CHG) | +4.50% |
| Value | N13,039,545,717.77 | Six Months (ASI CHG) | +22.80% |
| Deals | 11,934 | 52 Weeks (ASI CHG) | +36.43% |
| Gainers | 38 | Losers | 19 |
| Unchanged | 59 | Total | 116 |
| YTD Returns | +33.22% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.11 |
| NGX30 | 1.19 |
| NGXBNK | 5.65 |
| NGXCNSMRGDS | 1.57 |
| NGXINDUSTR | -0.14 |
| NGXINS | -2.81 |
| NGXLOTUSISLM | -0.19 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| DANGSUGAR | 60.5 | 66.55 | 6.05 | 10.00 |
| NASCON | 55.6 | 61.15 | 5.55 | 9.98 |
| JOHNHOLT | 1.31 | 1.44 | 0.13 | 9.92 |
| OANDO | 5.55 | 6.1 | 0.55 | 9.91 |
| LASACO | 1.98 | 2.17 | 0.19 | 9.60 |
| PRESTIGE | 0.42 | 0.46 | 0.04 | 9.52 |
| ABCTRANS | 0.95 | 1.04 | 0.09 | 9.47 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CHIPLC | 1.15 | 1.04 | -0.11 | -9.57 |
| CORNERST | 1.40 | 1.27 | -0.13 | -9.29 |
| SUNUASSUR | 0.88 | 0.80 | -0.08 | -9.09 |
| UPDCREIT | 3.65 | 3.35 | -0.30 | -8.22 |
| NGXGROUP | 26.40 | 24.50 | -1.90 | -7.20 |
| SOVRENINS | 0.44 | 0.41 | -0.03 | -6.82 |
| CHAMS | 1.05 | 0.98 | -0.07 | -6.67 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FIDELITYBK | 8.40 | 591 | 85,144,351 |
| ZENITHBANK | 37.10 | 844 | 75,411,494 |
| UBA | 15.20 | 816 | 60,214,864 |
| TRANSCORP | 7.05 | 750 | 56,813,868 |
| GTCO | 40.50 | 835 | 54,801,946 |
| ACCESSCORP | 17.65 | 697 | 50,598,064 |
| OANDO | 6.10 | 397 | 41,856,824 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value |
| ZENITHBANK | 37.10 | 844 | 2,798,256,483.45 |
| GTCO | 40.50 | 835 | 2,208,206,325.65 |
| DANGSUGAR | 66.55 | 607 | 1,380,325,497.60 |
| UBA | 15.20 | 816 | 930,201,181.30 |
| NASCON | 61.15 | 309 | 919,208,683.10 |
| ACCESSCORP | 17.65 | 697 | 911,295,739.25 |
| FIDELITYBK | 8.40 | 591 | 695,027,900.50 |
OUTLOOK
Amidst an avalanche of bargain hunting moments on the floor of the Nigerian Equities market, stock trading sustained the positive run of performance from the previous week to begin the week on an impressive note. This momentum is expected to continue as the week progresses.
