Nigerian Markets Snapshot Wednesday, December 20th, 2023

Nigerian Exchange's Equity Market Cap Closes at Historic N40.2 Trillion.

For yesterday's trading session, the NGX All-Share Index gained +1.28% to close the day at 73,397.71 points.

This impressive performance was driven by price uptick in megacaps like TRANSORP (+10.00%), STANBIC (+9.31%), and AIRTELAF (+4.87%).

This brings the YTD return of the index to 43.2% from yesterday's 41.75%. The entire equity market cap was remarkably boosted by N507.6 billion, to close at a record high of N40.2 trillion.

 

Driven by large gains in some of Nigeria's Tier-1 Banks (FUGAZ) - ZENITHBANK (+1.99%), ACCESSCORP (+1.33%), and UBA (+1.00%) - the NGX Premium Board Index also gained +0.30% to close yesterday. 

However, the NGX Growth Board Index slipped by a minimal -0.14%.

 

Sectoral Performance:

For the NGX Sector Indices, the NGX Pension Index took first position surging +1.79% on the back of gains from big names like CUSTODIAN (+5.88%) and AFRIPRUD (+5.07%). Coming in second and third were the NGX Insurance Index and NGX Banking Index, gaining +0.83% and +0.75% respectively, supported by upticks in companies like ZENITHBANK, ACCESSCORP, MANSARD (+4.31%), and WAPIC (+1.5%). All but one sector index performed well - the NGX Consumer Goods Index.

Nigerian Markets

Major Indices

Index

Last Close 

1-Day Change

NGX All Shares Index

73,397.71

+1.28%

NGX Growth Board Index 

6,282.17

-0.14%

 NGX Premium Board Index

7,046.53

+0.30%

NGX Oil and Gas Index

1,039.76

+0.05%

NGX Banking Index

882.12

+0.75%

NGX Consumer Goods Index

1,139.84

-0.23%

NGX Insurance Index

292.09

+0.83%

NGX Pension Index

3,161.38

+1.79%

NGX Industrial Index

2,712.66

+0.11%

   

Top Gainers

Nigerian stocks that increased the most in price in the last trading day.

Company 

Ticker

Last Close 

 Volume

1-Day Change  

Transnational Corp. of Nig. Plc.

TRANSCORP

₦7.70

51.96M

+10.00% 

Multiverse Mining & Exploration Plc.

MULTIVERSE

₦11.55

443K

+10.00%

E-Tranzact Intl. Plc.

ETRANZACT

₦6.20

923K

+9.7%

   

Volume Giants

Nigerian stocks that saw the highest number of shares traded in the last trading day.

Company 

Ticker

Last Close 

Daily Volume 

Number of Trades

1-Day Change

Guarantee Trust Holding Co.

GTCO

₦40.00

89.45M

362

+0.76%

Access Holdings Plc. 

ACCESSCORP

₦22.90

58.89M

483

+1.33%

Transnational Corp. of Nig. Plc.

TRANCORP

₦7.70

 51.96M

484

+10.00%

 

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