Trading activities in the Nigerian Equities Market closed negative today, Monday (16/10/2023) by 0.24% as the NGX-ASI decreased to 67,037.93 from 67,200.69 recorded at the close of the previous trading day; indicating a YTD return of +30.80%.
Similarly, the market capitalization decreased today by N89.3 billion to N36.830 trillion from N36.919 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.6 billion from N4.1 billion.
The market breadth was negative at 0.86X as 19 stocks advanced and 22 stocks declined, while 77 stocks remained unchanged. ROYALEX topped the gainers’ list with +8.51%, while SOVRENINS declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume while DANGSUGAR recorded the highest value for the day.
Read: NGX Price List for Monday, 16th October 2023
MARKET STATISTICS
| CAP | N36,830,491,982,385.96 | One Day (ASI CHG) | -0.24% |
| Index | 67,037.93 | One Week (ASI CHG) | -0.09% |
| Volume | 216,070,065 | One Month (ASI CHG) | -1.24% |
| Value | N3,551,200,821.29 | Six Months (ASI CHG) | +31.09% |
| Deals | 5,965.00 | 52 Weeks (ASI CHG) | +40.93% |
| Gainers | 19 | Losers | 22 |
| Unchanged | 77 | Total | 118 |
| YTD Returns | +30.80% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | -0.24 |
| NGX30 | -0.18 |
| NGXBNK | 0.94 |
| NGXCNSMRGDS | 0.39 |
| NGXINDUSTR | -0.06 |
| NGXINS | -0.44 |
| NGXLOTUSISLM | -0.94 |
| NGXOILGAS | -0.27 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| ROYALEX | 0.47 | 0.51 | 0.04 | 8.51 |
| CHIPLC | 1.15 | 1.23 | 0.08 | 6.96 |
| NASCON | 55.00 | 58.00 | 3.00 | 5.45 |
| FLOURMILL | 29.75 | 31.00 | 1.25 | 4.20 |
| DANGSUGAR | 60.70 | 62.60 | 1.90 | 3.13 |
| TRANSCORP | 6.12 | 6.30 | 0.18 | 2.94 |
| LASACO | 1.95 | 2.00 | 0.05 | 2.56 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SOVRENINS | 0.40 | 0.36 | -0.04 | -10.00 |
| STANBIC | 80.00 | 72.00 | -8.00 | -10.00 |
| OKOMUOIL | 263.00 | 236.80 | -26.20 | -9.96 |
| OANDO | 9.20 | 8.35 | -0.85 | -9.24 |
| OMATEK | 0.46 | 0.42 | -0.04 | -8.70 |
| ETERNA | 14.90 | 13.70 | -1.20 | -8.05 |
| VERITASKAP | 0.27 | 0.25 | -0.02 | -7.41 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 17.95 | 365 | 32,621,243 |
| FIDELITYBK | 8.05 | 219 | 28,954,093 |
| AIICO | 0.67 | 74 | 15,606,914 |
| DANGSUGAR | 62.60 | 486 | 10,569,297 |
| TRANSCORP | 6.30 | 222 | 10,504,438 |
| ACCESSCORP | 16.15 | 324 | 9,429,727 |
| FCMB | 5.91 | 115 | 8,769,427 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| DANGSUGAR | 62.60 | 486 | 6,58,031,280.70 |
| UBA | 17.95 | 365 | 579,345,155.45 |
| NASCON | 58.00 | 168 | 367,505,921.00 |
| DANGCEM | 310.10 | 86 | 330,765,434.50 |
| ZENITHBANK | 32.15 | 264 | 246,916,831.60 |
| FIDELITYBK | 8.05 | 219 | 238,066,446.95 |
| ACCESSCORP | 16.15 | 324 | 151,121,514.20 |
OUTLOOK
The Nigerian Equities market halts on rally from last week trading results as profit taking sentiments by investors dipped market performance for the day. The market is however projected to experience a mixed performance through out the week as investors continue to react to the economic policies as released by The Central Bank.
