Trading activities in the Nigerian Equities Market closed negative today, Tuesday (26/09/2023) by 0.34% as the NGX-ASI decreased to 66,652.17 from 66,882.64 recorded at the close of the previous trading day; indicating a YTD return of +30.05%.
Similarly, the market capitalization decreased today by N126 billion to N36.4792 trillion from N36.6053 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.53 billion from N5.44 billion.
The market breadth was positive at 1.00X as 22 stocks advanced and 22 stocks declined, while 70 stocks remained unchanged. CHIPLC topped the gainers’ list with +10.00%, while CONOIL declined by -9.99% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Tuesday, 26th September 2023
MARKET STATISTICS
| CAP | N36,479,206,775,810.18 | One Day (ASI CHG) | -0.34% |
| Index | 66,652.17 | One Week (ASI CHG) | -2.50% |
| Volume | 363,989,562 | One Month (ASI CHG) | +0.24% |
| Value | N4,529,778,111.57 | Six Months (ASI CHG) | +24.34% |
| Deals | 7,018 | 52 Weeks (ASI CHG) | +35.42% |
| Gainers | 22 | Losers | 22 |
| Unchanged | 70 | Total | 114 |
| YTD Returns | +30.05% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.34 |
| NGX30 | -0.38 |
| NGXBNK | -1.40 |
| NGXCNSMRGDS | 0.16 |
| NGXINDUSTR | -0.36 |
| NGXINS | 2.18 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | -1.24 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CHIPLC | 1.00 | 1.10 | 0.10 | 10.00 |
| CORNERST | 1.50 | 1.65 | 0.15 | 10.00 |
| UPDCREIT | 3.55 | 3.90 | 0.35 | 9.86 |
| BETAGLAS | 46.70 | 51.30 | 4.60 | 9.85 |
| CHAMPION | 3.30 | 3.60 | 0.30 | 9.09 |
| COURTVILLE | 0.55 | 0.60 | 0.05 | 9.09 |
| IKEJAHOTEL | 2.75 | 2.99 | 0.24 | 8.73 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CONOIL | 89.10 | 80.20 | -8.90 | -9.99 |
| FTNCOCOA | 1.91 | 1.72 | -0.19 | -9.95 |
| OANDO | 9.65 | 9.65 | -1.05 | -9.81 |
| BERGER | 12.75 | 11.65 | -1.10 | -8.63 |
| LASACO | 2.02 | 1.85 | -0.17 | -8.42 |
| ETERNA | 15.80 | 15.00 | -0.80 | -5.06 |
| ABCTRANS | 0.81 | 0.77 | -0.04 | -4.94 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 15.55 | 761 | 49,971,244 |
| TRANSCORP | 6.00 | 508 | 48,531,463 |
| UBA | 17.20 | 547 | 45,716,772 |
| ZENITHBANK | 31.05 | 567 | 21,575,655 |
| FTNCOCOA | 1.72 | 99 | 15,801,265 |
| GTCO | 34.75 | 378 | 14,176,608 |
| LASACO | 1.85 | 88 | 13,560,893 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 17.20 | 547 | 787,373,816.30 |
| ACCESSCORP | 15.55 | 761 | 784,914,484.70 |
| ZENITHBANK | 31.05 | 567 | 681,594,953.60 |
| GTCO | 34.75 | 378 | 498,128,827.25 |
| TRANSCORP | 6.00 | 508 | 291,182,657.22 |
| NASCON | 52.00 | 132 | 224,835,079.45 |
| DANGSUGAR | 55.00 | 259 | 138,570,900.10 |
OUTLOOK
The Nigerian Exchange (NGX) closed in a negative territory at the end of Today’s trading session. As equities decline further with low trading volume, we expect market performance to remain mixed in the days ahead as investors rotate their portfolios towards stocks with attractive dividend yields amid intermittent profit-taking activities.
