Equities Market Halts Gain As ASI Declines By 0.38%.

Trading activities in the Nigerian Equities Market closed negative today, Thursday (19/10/2023) by 0.38% as the NGX-ASI decreased to 67,098.80 from 67,353.23 recorded at the close of the previous trading day; indicating a YTD return of +30.92%.

Similarly, the market capitalization decreased today by N140 billion to N36.864 trillion from N37.004 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.48 billion from N4.69 billion.

The market breadth was negative at 0.67X as 16 stocks advanced and 24 stocks declined, while 73 stocks remained unchanged. LEARNAFRCA topped the gainers’ list with +10.00%, while OMATEK declined by -8.70% to lead the losers’ chart.

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

Read: NGX Price List for Thursday, 19th October 2023

MARKET STATISTICS

CAPN36,864,331,709,776.21One Day (ASI CHG)-0.38%
Index67,098.80One Week (ASI CHG)-0.05%
Volume298,687,259One Month (ASI CHG)-1.84%
ValueN4,483,167,662.71Six Months (ASI CHG)+30.65%
Deals5,45352 Weeks (ASI CHG)+51.40%
Gainers16Losers24
Unchanged73Total113
YTD Returns+30.92%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security%Change 
ASI-0.38
NGX30-0.36
NGXBNK-1.04
NGXCNSMRGDS-0.28
NGXINDUSTR0.00
NGXINS-1.08
NGXLOTUSISLM-0.11
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
LEARNAFRCA3.003.300.3010.00
DAARCOMM0.210.230.029.52
UPDC1.251.350.108.00
THOMASWY3.093.300.216.80
SUNUASSUR1.051.120.076.67
CHAMS1.431.500.074.90
UNIVINSURE0.230.240.014.35

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
OMATEK0.460.42-0.04-8.70
STANBIC76.0069.55-6.45-8.49
CHAMPION3.713.41-0.30-8.09
IKEJAHOTEL3.152.93-0.22-6.98
LASACO2.001.90-0.10-5.00
AIICO0.700.67-0.03-4.29
FIDELITYBK8.508.25-0.25-2.94

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of Trades     Volume
UBA18.80352               56,287,856
FIDELITYBK8.25188               33,882,468
ACCESSCORP16.35363               22,173,522
TRANSCORP6.20228               21,823,710
ELLAHLAKES4.0029               20,195,190
UNIVINSURE0.2418               15,409,000
CHAMS1.50136               12,905,717

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of Trades     Value(N)
UBA         18.80352   1,053,935,981.05
GTCO         35.70252       421,783,290.05
MTNN      249.50207       396,212,506.40
ACCESSCORP         16.35363       364,027,717.60
SEPLAT   1,837.0058       294,401,651.60
FIDELITYBK           8.25188       282,308,778.40
NESTLE   1,020.0038       211,842,541.50

OUTLOOK

The Nigerian Equities market pauses two days gain streak to record a decline in performance as trading closes negative on investors profit taking sentiments. The overall end of the week’s trading performance remains unpredictable on the back of activities so far witnessed on the floor of the exchange through the week.

WhatsApp
Facebook
LinkedIn
X