Trading activities in the Nigerian Equities Market closed negative today, Friday (20/10/2023) by -0.27% as the NGX-ASI decreased to 66,915.41 from 67,098.80 recorded at the close of the previous trading day; indicating a YTD return of +30.56%. The market performance for the week decreased by 0.42% to 66,915.41 from 67,200.69 recorded at the beginning of the week.
Similarly, the market capitalization decreased today by N100 billion to N36.764 trillion from N36.864 trillion recorded at the close of the previous trading day, while the market turnover increased to N6.38 billion from N4.48 billion.
Today’s market breadth was negative at 0.7X as 14 stocks advanced and 20 stocks declined, while 79 stocks remained unchanged. THOMASWY topped the gainers’ list with +10.00%, while CADBURY declined by -10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and GEREGU recorded the highest value for the day.
Read: NGX Price List for Friday, 20th October 2023
MARKET STATISTICS
| CAP | N36,763,578,646,901.10 | One Day (ASI CHG) | -0.27% |
| Index | 66915.41 | One Week (ASI CHG) | -0.42% |
| Volume | 205893205 | One Month (ASI CHG) | -2.08% |
| Value | N6,380,220,275.30 | Six Months (ASI CHG) | +30.30% |
| Deals | 4986 | 52 Weeks (ASI CHG) | +50.94% |
| Gainers | 14 | Losers | 20 |
| Unchanged | 79 | Total | 113 |
| YTD Returns | +30.56% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.27 |
| NGX30 | -0.25 |
| NGXBNK | 0.12 |
| NGXCNSMRGDS | -0.56 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.08 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| THOMASWY | 3.30 | 3.63 | 0.33 | 10.00 |
| IKEJAHOTEL | 2.93 | 3.15 | 0.22 | 7.51 |
| OMATEK | 0.42 | 0.45 | 0.03 | 7.14 |
| AIICO | 0.67 | 0.70 | 0.03 | 4.48 |
| CUTIX | 2.21 | 2.30 | 0.09 | 4.07 |
| VERITASKAP | 0.25 | 0.26 | 0.01 | 4.00 |
| CHAMPION | 3.41 | 3.50 | 0.09 | 2.64 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CADBURY | 14.00 | 12.60 | -1.40 | -10.00 |
| FLOURMILL | 31.00 | 28.20 | -2.80 | -9.03 |
| SOVRENINS | 0.36 | 0.33 | -0.03 | -8.33 |
| GUINEAINS | 0.25 | 0.23 | -0.02 | -8.00 |
| GEREGU | 339.50 | 315.00 | -24.50 | -7.22 |
| UNILEVER | 14.35 | 13.60 | -0.75 | -5.23 |
| CHIPLC | 1.19 | 1.15 | -0.04 | -3.36 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FIDELITYBK | 8.20 | 218 | 28,133,841 |
| FCMB | 6.00 | 135 | 18,031,994 |
| ZENITHBANK | 33.05 | 280 | 18,022,988 |
| UBA | 19.00 | 302 | 13,397,315 |
| FBNH | 15.90 | 155 | 12,020,614 |
| ACCESSCORP | 16.45 | 259 | 11,240,554 |
| GTCO | 35.50 | 206 | 10,242,919 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| GEREGU | 315.00 | 42 | 3,196,304,267.30 |
| ZENITHBANK | 33.05 | 280 | 596,723,516.60 |
| SEPLAT | 1837.00 | 21 | 444,921,454.70 |
| GTCO | 35.50 | 206 | 363,998,798.65 |
| UBA | 19.00 | 302 | 254,224,852.35 |
| FIDELITYBK | 8.20 | 218 | 230,175,290.50 |
| FBNH | 15.90 | 155 | 192,047,954.85 |
OUTLOOK
The Equities market closed in red to conclude trading for this week, investors’ sentiments’ was driven primarily by sell-out. We anticipate a mixed sentiment in the week ahead as investors continue to rotate their portfolios towards stocks with attractive dividend yields.
