Trading activities in the Nigerian Equities Market closed positive today, Monday (09/10/2023) by 0.97% as the NGX-ASI increased to 67,101.33 from 66,454.57 recorded at the close of the previous trading day; indicating a YTD return of +30.93%.
Similarly, the market capitalization increased today by N0.35 trillion to N36.86 trillion from N36.51 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.46 billion from N8.93 billion.
The market breadth was positive at 1.13X as 26 stocks advanced and 23 stocks declined, while 65 stocks remained unchanged. BUACEMENT topped the gainers’ list with +10.00%, while PRESTIGE declined by -10.00% to lead the losers’ chart.
ABCTRANS recorded the highest volume while ACCESSCORP recorded the highest value for the day.
Read: NGX Price List for Monday, 9th October 2023
MARKET STATISTICS
| CAP | N36,865,463,821,350.50 | One Day (ASI CHG) | +0.97% |
| Index | 67101.33 | One Week (ASI CHG) | +1.08% |
| Volume | 268,663,822 | One Month (ASI CHG) | -0.29% |
| Value | N3,463,657,935.56 | Six Months (ASI CHG) | +29.16% |
| Deals | 6,959 | 52 Weeks (ASI CHG) | +41.71% |
| Gainers | 26 | Losers | 23 |
| Unchanged | 65 | Total | 114 |
| YTD Returns | +30.93% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.97 |
| NGX30 | 1.00 |
| NGXBNK | -0.44 |
| NGXCNSMRGDS | 0.78 |
| NGXINDUSTR | 4.03 |
| NGXINS | 1.23 |
| NGXLOTUSISLM | 0.62 |
| NGXOILGAS | 0.36 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| BUACEMENT | 94.00 | 103.40 | 9.40 | 10.00 |
| CHIPLC | 1.02 | 1.12 | 0.10 | 9.80 |
| NB | 38.50 | 42.00 | 3.50 | 9.09 |
| JOHNHOLT | 1.48 | 1.60 | 0.12 | 8.11 |
| SUNUASSUR | 0.97 | 1.04 | 0.07 | 7.22 |
| NSLTECH | 0.28 | 0.30 | 0.02 | 7.14 |
| CHAMPION | 3.38 | 3.60 | 0.22 | 6.51 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| PRESTIGE | 0.50 | 0.45 | -0.05 | -10.00 |
| FTNCOCOA | 1.80 | 1.65 | -0.15 | -8.33 |
| NEIMETH | 1.68 | 1.55 | -0.13 | -7.74 |
| SOVRENINS | 0.40 | 0.38 | -0.02 | -5.00 |
| ETRANZACT | 9.40 | 9.00 | -0.40 | -4.26 |
| INTBREW | 4.80 | 4.60 | -0.20 | -4.17 |
| NGXGROUP | 23.50 | 22.55 | -0.95 | -4.04 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ABCTRANS | 0.68 | 18 | 29,269,383 |
| ACCESSCORP | 15.95 | 390 | 29,171,807 |
| OANDO | 9.20 | 528 | 27,090,403 |
| UBA | 17.20 | 372 | 23,751,589 |
| TRANSCORP | 6.10 | 289 | 23,735,191 |
| FIDELITYBK | 8.30 | 174 | 16,254,570 |
| NAHCO | 23.85 | 105 | 9,878,333 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| ACCESSCORP | 15.95 | 390 | 465,977,212.35 |
| UBA | 17.20 | 372 | 407,671,210.30 |
| OANDO | 9.20 | 528 | 252,976,072.55 |
| ZENITHBANK | 31.95 | 371 | 248,143,655.80 |
| GTCO | 35.90 | 260 | 242,003,164.20 |
| NAHCO | 23.85 | 105 | 231,025,625.75 |
| MTNN | 250.00 | 325 | 186,823,385.00 |
OUTLOOK
Activities on the floor of the Exchange closed positive at the end of today’s trading session to begin the week. We expect more gains for the rest of the week as investors continue to trade on fundamentally sound stocks.
