Trading activities in the Nigerian Equities Market closed positive today, Tuesday (31/10/2023) by 1.65% as the NGX-ASI increased to 69,236.19 from 68,111.71 recorded at the close of the previous trading day; indicating a YTD return of +35.09%.
Similarly, the market capitalization increased today by N617.80 billion to N38,038 trillion from N37.420 trillion recorded at the close of the previous trading day, while the market turnover decreased to N6.04 billion from N8.257 billion.
The market breadth was positive at 1.67X as 40 stocks advanced and 24 stocks declined, while 52 stocks remained unchanged. AIRTELAFRI topped the gainers’ list with +10.00%, while BETAGLAS declined by -9.93% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Tuesday, 31st October 2023
MARKET STATISTICS
| CAP | N38,038,623,314,841.48 | One Day (ASI CHG) | +1.65% |
| Index | 69,236.19 | One Week (ASI CHG) | +3.00% |
| Volume | 473,293,965 | One Month (ASI CHG) | +3.69% |
| Value | N 6,044,484,060.82 | Six Months (ASI CHG) | +32.62% |
| Deals | 7,900 | 52 Weeks (ASI CHG) | +57.93% |
| Gainers | 40 | Losers | 24 |
| Unchanged | 52 | Total | 116 |
| YTD Returns | +35.09% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +1.65 |
| NGX30 | +1.70 |
| NGXBNK | +0.94 |
| NGXCNSMRGDS | -0.02 |
| NGXINDUSTR | +0.09 |
| NGXINS | +1.87 |
| NGXLOTUSISLM | +1.18 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| AIRTELAFRI | 1400.10 | 1540.10 | 140.00 | 10.00 |
| CADBURY | 12.60 | 13.85 | 1.25 | 9.92 |
| NNFM | 18.15 | 19.95 | 1.80 | 9.92 |
| CHAMS | 2.02 | 2.22 | 0.20 | 9.90 |
| ABCTRANS | 0.72 | 0.79 | 0.07 | 9.72 |
| INTBREW | 4.15 | 4.55 | 0.40 | 9.64 |
| FTNCOCOA | 1.57 | 1.72 | 0.15 | 9.55 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| BETAGLAS | 66.95 | 60.30 | -6.65 | -9.93 |
| UPL | 2.35 | 2.12 | -0.23 | -9.79 |
| ELLAHLAKES | 3.87 | 3.50 | -0.37 | -9.56 |
| SOVRENINS | 0.34 | 0.31 | -0.03 | -8.82 |
| LEARNAFRCA | 3.30 | 3.01 | -0.29 | -8.79 |
| WAPCO | 29.00 | 27.20 | -1.80 | -6.21 |
| VFDGROUP | 218.20 | 205.00 | -13.20 | -6.05 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAPAULGOLD | 1.18 | 411 | 155,594,461 |
| UBA | 20.90 | 596 | 33,932,941 |
| ZENITHBANK | 33.15 | 486 | 29,899,416 |
| ACCESSCORP | 17.15 | 405 | 27,435,444 |
| CHAMS | 2.22 | 186 | 22,516,210 |
| FIDELITYBK | 8.30 | 158 | 19,547,964 |
| GTCO | 34.80 | 352 | 18,029,948 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ZENITHBANK | 33.15 | 486 | 996,447,206.70 |
| UBA | 20.90 | 596 | 688,200,763.45 |
| GTCO | 34.80 | 352 | 637,282,357.40 |
| MTNN | 246.00 | 396 | 504,068,183.70 |
| ACCESSCORP | 17.15 | 405 | 468,662,345.15 |
| DANGSUGAR | 63.00 | 277 | 353,042,450.60 |
| JAPAULGOLD | 1.18 | 411 | 181,858,699.04 |
OUTLOOK
The Nigerian Equities market closed its 2nd trading days in green as investors’ confidence in the market surge. It is projected that market will continue in a positive trend through the week.
