NGX All-Share Index Soars To 45.9% Gain As 2023 Concludes

On the final trading day of 2023, the Nigerian Exchange (NGX) achieved an extraordinary milestone as the All-Share Index (ASI) experienced a commendable 0.36 per cent surge, reaching an impressive 74,773.77 points. This closing figure reflects a remarkable year-to-date growth of 45.90 per cent, positioning 2023 as the best-performing year since 2020 when the ASI recorded a growth of 50.03 per cent.

The equities market witnessed a positive shift in today’s trading session, leading to a gain of N148 billion in market capitalization, closing at N40.92 trillion compared to the previous day’s N40.77 trillion. Noteworthy market players, including MTNN, GTCO, BUAFOODS, and ZENITHBANK, experienced significant share price movements, contributing to the overall market performance.

While there was a marginal decline in trading volume to 368.629 million units from the previous day’s 384.576 million units, the market turnover value appreciated significantly to N12.82 billion, up from N5.67 billion.

Key Market Indices for Today’s Trading Session:

• NGX All-Share Index: 74,773.77 points

• % Day Change: +0.36%

• Day’s Lowest: 74,366.97 points

• Day’s Highest: 74,850.26 points

• % YTD: +45.90%

• Market Cap: N40.92 trillion

• Volume Traded: 368.63 million units

Top Gainers:

1. LEARNAFRCA: +10.00% to close at N3.19

2. TRANSCOHOT: +10.00% to close at N70.18

3. MULTIVERSE: +9.95% to close at N18.57

4. ABBEYBDS: +9.90% to close at N2.25

5. IMG: +9.80% to close at N13.45

Top Losers:

1. DEAPCAP: -6.90 to close at N0.58

2. SNUASSUR: -5.17% to close at N1.10

3. FTNCOCOA: -4.52% to close at N1.48

4. NAHCO: -4.51% to close at N25.40

5. TANTALIZER: -4.8% to close at N0.47

Top Traded Stocks (by volume):

1. ZENITHBANK (+1.18%): 28.88 million units

2. CONHALLPLC (+9.79%): 26.62 million units

3. JAIZBANK (+4.86%): 24.61 million units

4. GEREGU (0.00%): 20.05 million units

5. ACCESSCORP (-0.22%): 17.63 million units

Top Traded Stocks (by value):

1. GEREGU (0.00%): N7.22 billion

2. ZENITHBANK (+1.18%): N1.116 billion

3. GTCO (+1.12%): N484.89 million

4. JBERGER (+8.04%): N414.78 million

5. ACCESSCORP (-0.22%): N407.06 million

SWOOT and FUGAZ Update:

•  Mixed trading sentiment for stocks worth over N1 trillion, with gains in ZENITHBANK (+1.18%), GTCO (+1.12%), and MTNN (+0.57%).
• Mixed sentiment for tier-1 banks, with FBNH (-0.21%) and ACCESSCORP (-0.22%) recording losses, while ZENITHBANK, GTCO, and UBA (+2.19%) recorded gains.