Trading activities in the Nigerian Equities Market closed positive today, Wednesday (11/10/2023) by 0.17% as the NGX-ASI increased to 67,100.49 from 66,984.62 recorded at the close of the previous trading day; indicating a YTD return of +30.93%.
Similarly, the market capitalization increased today by N63.52 billion to N36.86 trillion from N36.80 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.4 billion from N7.7 billion.
The market breadth was positive at 1.06X as 18 stocks advanced and 17 stocks declined, while 83 stocks remained unchanged. THOMASWY topped the gainers’ list with +9.81%, while OMATEK declined by -8.33% to lead the losers’ chart.
NEIMETH recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Wednesday, 11th October 2023
MARKET STATISTICS
| CAP | N36,864,863,765,088.01 | One Day (ASI CHG) | 0.17% |
| Index | 67,100.49 | One Week (ASI CHG) | +0.93% |
| Volume | 410,320,989 | One Month (ASI CHG) | -0.41% |
| Value | N4,456,776,970.30 | Six Months (ASI CHG) | +29.30% |
| Deals | 5,637 | 52 Weeks (ASI CHG) | +41.07% |
| Gainers | 18 | Losers | 17 |
| Unchanged | 83 | Total | 118 |
| YTD Returns | +30.93% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | 0.17 |
| NGX30 | 0.30 |
| NGXBNK | -0.27 |
| NGXCNSMRGDS | 0.01 |
| NGXINDUSTR | 0.95 |
| NGXINS | 1.58 |
| NGXLOTUSISLM | 0.13 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| THOMASWY | 2.14 | 2.35 | 0.21 | 9.81 |
| DAARCOMM | 0.21 | 0.23 | 0.02 | 9.52 |
| CORNERST | 1.55 | 1.65 | 0.10 | 6.45 |
| TRANSCORP | 6.10 | 6.43 | 0.33 | 5.41 |
| UBN | 6.60 | 6.95 | 0.35 | 5.30 |
| WAPIC | 0.61 | 0.64 | 0.03 | 4.92 |
| FTNCOCOA | 1.65 | 1.72 | 0.07 | 4.24 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| OMATEK | 0.48 | 0.44 | -0.04 | -8.33 |
| OANDO | 9.90 | 9.10 | -0.80 | -8.08 |
| AFRIPRUD | 7.05 | 6.50 | -0.55 | -7.80 |
| CAVERTON | 1.59 | 1.48 | -0.11 | -6.92 |
| CHIPLC | 1.12 | 1.05 | -0.07 | -6.25 |
| CUSTODIAN | 7.65 | 7.20 | -0.45 | -5.88 |
| NEIMETH | 1.66 | 1.59 | -0.07 | -4.22 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| NEIMETH | 1.59 | 13 | 163,200,852 |
| ACCESSCORP | 15.70 | 457 | 38,974,272 |
| ZENITHBANK | 31.60 | 515 | 32,273,450 |
| FIDELITYBK | 8.20 | 162 | 23,523,320 |
| UBA | 17.25 | 316 | 19,822,493 |
| UNIVINSURE | 0.24 | 30 | 19,783,821 |
| FCMB | 5.87 | 89 | 11,263,733 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| ZENITHBANK | 31.60 | 515 | 1,018,587,067.10 |
| ACCESSCORP | 15.70 | 457 | 611,819,309.50 |
| GTCO | 35.00 | 333 | 354,538,409.45 |
| UBA | 17.25 | 316 | 341,185,025.60 |
| NEIMETH | 1.59 | 13 | 259,494,285.22 |
| MTNN | 250.00 | 204 | 250,943,446.90 |
| NGXGROUP | 22.50 | 79 | 206,904,813.05 |
OUTLOOK
The Nigerian Equities market closed positive today to upturn yesterday’s negative run . The trading performance further shows the believe of investors in the market and it is projected that market sustains gains through the week.
