Trading activities in the Nigerian Equities Market closed positive today, Monday (30/10/2023) by 1.45% as the NGX-ASI increased to 68,111.71 from 67,136.58 recorded at the close of the previous trading day; indicating a YTD return of +32.90%.
Similarly, the market capitalization increased today by N535.74 billion to N37.420 trillion from N36.885 trillion recorded at the close of the previous trading day, while the market turnover increased to N8.257 billion from N5.178 billion.
The market breadth was positive at 2.63X as 42 stocks advanced and 16 stocks declined, while 56 stocks remained unchanged. NNFM topped the gainers’ list with +10.00%, while MEYER declined by -9.87% to lead the losers’ chart.
UNIVINSURE recorded the highest volume while GEREGU recorded the highest value for the day.
Read: NGX Price List for Monday, 30th October 2023
MARKET STATISTICS
| CAP | N37,420,828,512,996.22 | One Day (ASI CHG) | +1.45% |
| Index | 68,111.71 | One Week (ASI CHG) | +1.85% |
| Volume | 430,393,434 | One Month (ASI CHG) | +2.61% |
| Value | N8,257,922,012.73 | Six Months (ASI CHG) | +30.24% |
| Deals | 7,656 | 52 Weeks (ASI CHG) | +55.11% |
| Gainers | 42 | Losers | 16 |
| Unchanged | 56 | Total | 114 |
| YTD Returns | +32.90% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.45 |
| NGX30 | 1.43 |
| NGXBNK | 1.20 |
| NGXCNSMRGDS | 0.44 |
| NGXINDUSTR | 2.99 |
| NGXINS | 0.86 |
| NGXLOTUSISLM | 1.24 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NNFM | 16.50 | 18.15 | 1.65 | 10.00 |
| UACN | 13.10 | 14.35 | 1.25 | 9.54 |
| NAHCO | 23.80 | 26.05 | 2.25 | 9.45 |
| STANBIC | 67.75 | 74.00 | 6.25 | 9.23 |
| JAPAULGOLD | 0.99 | 1.08 | 0.09 | 9.09 |
| UNIVINSURE | 0.23 | 0.25 | 0.02 | 8.70 |
| IKEJAHOTEL | 3.42 | 3.70 | 0.28 | 8.19 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| MEYER | 3.04 | 2.74 | -0.30 | -9.87 |
| ABBEYBDS | 2.06 | 1.86 | -0.20 | -9.71 |
| REGALINS | 0.36 | 0.33 | -0.03 | -8.33 |
| RTBRISCOE | 0.50 | 0.47 | -0.03 | -6.00 |
| JAIZBANK | 1.68 | 1.58 | -0.10 | -5.95 |
| VERITASKAP | 0.27 | 0.26 | -0.01 | -3.70 |
| NASCON | 58.00 | 56.40 | -1.60 | -2.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UNIVINSURE | 0.25 | 68 | 94,753,108 |
| UBA | 19.85 | 575 | 51,263,015 |
| CUSTODIAN | 7.10 | 84 | 33,245,037 |
| TRANSCORP | 6.20 | 379 | 32,476,918 |
| ZENITHBANK | 33.50 | 415 | 24,421,384 |
| CHAMS | 2.02 | 159 | 19,243,735 |
| GTCO | 35.35 | 328 | 18,265,586 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GEREGU | 395.50 | 61 | 1,946,592,529.70 |
| MTNN | 246.00 | 506 | 1,106,008,813.50 |
| UBA | 19.85 | 575 | 1,002,783,442.05 |
| ZENITHBANK | 33.50 | 415 | 818,460,254.00 |
| GTCO | 35.35 | 328 | 646,028,524.70 |
| SEPLAT | 1905.00 | 35 | 369,458,354.40 |
| ACCESSCORP | 17.15 | 442 | 289,124,464.55 |
OUTLOOK
The Nigerian Equities market closed positive today to usher in an impressive start in trading for the week. The trading performance further shows the belief of investors in the market and it is projected that market sustains such performance through the week
