Equities Market Rebounds As ASI Appreciates By 0.13%.

Trading activities in the Nigerian Equities Market closed positive today, Thursday (05/10/2023) by 0.13% as the NGX-ASI increased to 66,570.19 from 66,482.28 recorded at the close of the previous trading day; indicating a YTD return of +29.89%.

Similarly, the market capitalization increased today by N141 billion to N36.527 trillion from N36.386 trillion recorded at the close of the previous trading day, while the market turnover increased to N4.73 billion from N4.59 billion.

The market breadth was positive at 1.41X as 24 stocks advanced and 17 stocks declined, while 72 stocks remained unchanged.  WEMABANK topped the gainers’ list with +9.93%, while CHAMPION declined by -9.87% to lead the losers’ chart.

OANDO recorded the highest volume and the highest value for the day.

Read: NGX Price List for Thursday, 5th October 2023

MARKET STATISTICS

CAPN36,526,990,320,644.48One Day (ASI CHG)+0.13%
Index66,570.19One Week (ASI CHG)-0.12%
Volume1,014,376,755One Month (ASI CHG)-2.51%
ValueN4,733,052,203.28Six Months (ASI CHG)+25.62%
Deals6,95952 Weeks (ASI CHG)+36.19%
Gainers24Losers17
Unchanged72Total113
YTD Returns+29.89%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.13
NGX300.06
NGXBNK0.44
NGXCNSMRGDS0.39
NGXINDUSTR0.03
NGXINS-0.06
NGXLOTUSISLM0.09
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
WEMABANK4.234.650.429.93
THOMASWY1.952.140.199.74
REGALINS0.340.370.038.82
DAARCOMM0.230.250.028.70
ROYALEX0.460.500.048.70
VITAFOAM22.2524.001.757.87
SUNUASSUR0.900.970.077.78

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
CHAMPION3.753.38-0.37-9.87
ABCTRANS0.720.65-0.07-9.72
UPDC1.401.28-0.12-8.57
OMATEK0.430.40-0.03-6.98
CHIPLC1.181.12-0.06-5.08
MBENEFIT0.440.43-0.01-2.27
ELLAHLAKES4.084.00-0.08-1.96

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of Trades     Volume
OANDO9.95760          75,146,093
UNIVINSURE0.2464          47,224,732
FIDELITYBK8.25198          35,143,384
STERLINGNG3.54479          24,430,258
ELLAHLAKES4.0019          19,018,766
ACCESSCORP16.15364          15,530,639
WEMABANK4.65169          11,805,339

Top 7 Traded Stocks By Value

Security Close Price(N)Number of Trades  Value (N)
OANDO         9.95760  771,243,732.25
FIDELITYBK         8.25198  288,091,679.20
GTCO       36.00322  281,724,691.95
ACCESSCORP       16.15364  250,497,562.00
TOTAL     385.0043  215,338,856.50
ZENITHBANK       31.90338  193,376,316.75
AIRTELAFRI  1,290.0049  184,676,653.70

OUTLOOK

Activities on the floor of the exchange closed positive at the end of today’s trading session amid interest of investors in buying into fundamentally sound stocks. This is expected to sustain the positive performance as the week approaches the last day of trading.

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