Trading activities in the Nigerian Equities Market closed positive today, Tuesday (24/10/2023) by 0.51% as the NGX-ASI creased to 67,217.77 from 66,876.92 recorded at the close of the previous trading day; indicating a YTD return of +31.15%.
Similarly, the market capitalization creased today by N 187 billion to N36,929 trillion from N36.742 trillion recorded at the close of the previous trading day, while the market turnover increased to N6.330 billion from N4.388 billion.
The market breadth was positive at 1.61X as 21 stocks advanced and 13 stocks declined, while 84 stocks remained unchanged. FLOURMILL topped the gainers’ list with +9.93%, while VFDGROUP declined by -9.98% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Tuesday,24th October 2023
MARKET STATISTICS
| CAP | N36,929,697,104,548.21 | One Day (ASI CHG) | -0.06% |
| Index | 67,217.77 | One Week (ASI CHG) | -0.24% |
| Volume | 319,904,303 | One Month (ASI CHG) | -0.01% |
| Value | N6,330,146,712.62 | Six Months (ASI CHG) | +29.59% |
| Deals | 6,272 | 52 Weeks (ASI CHG) | +50.63% |
| Gainers | 21 | Losers | 13 |
| Unchanged | 84 | Total | 118 |
| YTD Returns | +31.15% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.51 |
| NGX30 | 0.53 |
| NGXBNK | 1.44 |
| NGXCNSMRGDS | 0.54 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.46 |
| NGXLOTUSISLM | 0.05 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| FLOURMILL | 28.20 | 31.00 | 2.80 | 9.93 |
| UPL | 2.14 | 2.35 | 0.21 | 9.81 |
| CHAMS | 1.60 | 1.75 | 0.15 | 9.38 |
| GEREGU | 315.00 | 343.50 | 28.50 | 9.05 |
| THOMASWY | 3.99 | 4.35 | 0.36 | 9.02 |
| RTBRISCOE | 0.52 | 0.55 | 0.03 | 5.77 |
| UBA | 19.15 | 19.90 | 0.75 | 3.92 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| VFDGROUP | 242.40 | 218.20 | -24.20 | -9.98 |
| ABCTRANS | 0.81 | 0.73 | -0.08 | -9.88 |
| FTNCOCOA | 1.62 | 1.56 | -0.06 | -3.70 |
| NGXGROUP | 21.80 | 21.00 | -0.80 | -3.67 |
| VITAFOAM | 23.25 | 22.45 | -0.80 | -3.44 |
| UPDCREIT | 3.70 | 3.60 | -0.10 | -2.70 |
| OMATEK | 0.43 | 0.42 | -0.01 | -2.33 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| ACCESSCORP | 16.55 | 541 | 50,780,345 |
| GTCO | 36.00 | 429 | 42,043,722 |
| FIDELITYBK | 8.30 | 179 | 32,117,826 |
| UBA | 19.90 | 355 | 25,725,805 |
| STERLINGNG | 3.55 | 111 | 19,371,707 |
| JAPAULGOLD | 0.89 | 103 | 14,943,707 |
| CHAMS | 1.75 | 185 | 14,769,412 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| GTCO | 36 | 429 | 1,496,983,538.05 |
| ACCESSCORP | 16.55 | 541 | 837,972,748.80 |
| GEREGU | 343.5 | 102 | 726,857,385.00 |
| UBA | 19.9 | 355 | 496,685,858.25 |
| NESTLE | 1020 | 56 | 404,244,667.90 |
| ZENITHBANK | 33.55 | 330 | 314,009,491.55 |
| FIDELITYBK | 8.3 | 179 | 264,066,947.85 |
OUTLOOK
The Nigerian Equities closed in positive territory at the end of Tuesday’s trading session as equities snapped from yesterday’s negative sentiment. We foresee a continuous uptick in positive outlooks as investors strategically position themselves before the nine months, 2023 earnings season.
