Trading activities in the Nigerian Equities Market closed positive today, Wednesday (01/11/2023) by 1.94% as the NGX-ASI increased to 70,581.76 from 69,236.19 recorded at the close of the previous trading day; indicating a YTD return of +37.72%.
Similarly, the market capitalization increased today by N739.26 billion to N38,777 trillion from N38,038 trillion recorded at the close of the previous trading day, while the market turnover increased to N11.02 billion from N6.04 billion.
The market breadth was positive at 2.47X as 37 stocks advanced and 15 stocks declined, while 66 stocks remained unchanged. AIRTELAFRI topped the gainers’ list with +10.00%, while CAVERTON declined by -7.74% to lead the losers’ chart.
UBA recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 1st November 2023
MARKET STATISTICS
| CAP | N38,777,884,832,131.34 | One Day (ASI CHG) | +1.94% |
| Index | 70,581.76 | One Week (ASI CHG) | +5.02% |
| Volume | 601,732,986 | One Month (ASI CHG) | +6.17% |
| Value | N11,016,055,630.59 | Six Months (ASI CHG) | +34.98% |
| Deals | 7,444 | 52 Weeks (ASI CHG) | +61.35% |
| Gainers | 37 | Losers | 15 |
| Unchanged | 66 | Total | 118 |
| YTD Returns | +37.72% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.94 |
| NGX30 | 1.94 |
| NGXBNK | 2.21 |
| NGXCNSMRGDS | -0.14 |
| NGXINDUSTR | 0.00 |
| NGXINS | 3.73 |
| NGXLOTUSISLM | 1.57 |
| NGXOILGAS 0.00 | |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| AIRTELAFRI | 1540.10 | 1694.10 | 154.00 | 10.00 |
| CHAMS | 2.22 | 2.44 | 0.22 | 9.91 |
| UPL | 2.12 | 2.33 | 0.21 | 9.91 |
| NEM | 5.05 | 5.55 | 0.50 | 9.90 |
| FBNH | 17.9 | 19.65 | 1.75 | 9.78 |
| CHIPLC | 1.03 | 1.13 | 0.10 | 9.71 |
| DAARCOMM | 0.21 | 0.23 | 0.02 | 9.52 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CAVERTON | 1.55 | 1.43 | -0.12 | -7.74 |
| CHAMPION | 3.65 | 3.40 | -0.25 | -6.85 |
| CILEASING | 3.59 | 3.36 | -0.23 | -6.41 |
| UPDCREIT | 3.70 | 3.60 | -0.10 | -2.70 |
| UNILEVER | 14.35 | 14.00 | -0.35 | -2.44 |
| GLAXOSMITH | 12.20 | 12.00 | -0.20 | -1.64 |
| BERGER | 13.20 | 13.00 | -0.20 | -1.52 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 21.00 | 796 | 163,561,897 |
| FBNH | 19.65 | 256 | 94,654,715 |
| GTCO | 35.40 | 319 | 45,752,181 |
| ACCESSCORP | 17.90 | 465 | 36,693,960 |
| UNIVINSURE | 0.26 | 55 | 34,716,033 |
| JAPAULGOLD | 1.29 | 151 | 25,717,139 |
| FIDELITYBK | 8.25 | 208 | 22,368,252 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Value(N) |
| UBA | 21.00 | 796 | 3,472,893,985.65 |
| FBNH | 19.65 | 256 | 1,841,454,691.35 |
| GTCO | 35.40 | 319 | 1,601,406,261.85 |
| AIRTELAFRI | 1694.10 | 31 | 694,062,605.40 |
| ACCESSCORP | 17.90 | 465 | 641,992,418.40 |
| ZENITHBANK | 34.40 | 346 | 473,398,142.50 |
| MTNN | 246.00 | 367 | 322,247,085.20 |
OUTLOOK
The Nigerian Equities market gains to close today’s trading. We expect a mixed sentiment for the remaining days of the week, as investors hunt for bargains amid improved sentiment.
