Trading activities in the Nigerian Equities Market closed negative today, Thursday (02/11/2023) by 0.76% as the NGX-ASI decreased to 70,042.28 from 70,581.76 recorded at the close of the previous trading day; indicating a YTD return of +36.67%.
Similarly, the market capitalization decreased today by N296.00 billion to N38.48 trillion from N38.78 trillion recorded at the close of the previous trading day, while the market turnover decreased to N6.09 billion from N11.02 billion.
The market breadth was negative at 0.96X as 26 stocks advanced and 27 stocks declined, while 67 stocks remained unchanged. OMATEK topped the gainers’ list with +10.00%, while CHAMS declined by -9.84% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume, while UBA recorded the highest value for the day.
Read: NGX Price List for Thursday, 2nd November 2023
MARKET STATISTICS
| CAP | N38,481,492,388,432.28 | One Day (ASI CHG) | -0.76% |
| Index | 70,042.28 | One Week (ASI CHG) | +4.41% |
| Volume | 525,457,392 | One Month (ASI CHG) | +4.90% |
| Value | N6,088,511,674.36 | Six Months (ASI CHG) | +33.50% |
| Deals | 8,396 | 52 Weeks (ASI CHG) | +58.17% |
| Gainers | 26 | Losers | 27 |
| Unchanged | 67 | Total | 120 |
| YTD Returns | +36.67% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.76 |
| NGX30 | -0.81 |
| NGXBNK | -0.85 |
| NGXCNSMRGDS | -0.19 |
| NGXINDUSTR | -0.65 |
| NGXINS | 1.56 |
| NGXLOTUSISLM | -0.43 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| OMATEK | 0.50 | 0.55 | 0.05 | 10.00 |
| ACADEMY | 1.73 | 1.90 | 0.17 | 9.83 |
| PRESTIGE | 0.41 | 0.45 | 0.04 | 9.76 |
| TANTALIZER | 0.41 | 0.45 | 0.04 | 9.76 |
| DAARCOMM | 0.23 | 0.25 | 0.02 | 8.70 |
| MBENEFIT | 0.48 | 0.52 | 0.04 | 8.33 |
| DEAPCAP | 0.25 | 0.27 | 0.02 | 8.00 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CHAMS | 2.44 | 2.20 | -0.24 | -9.84 |
| INTBREW | 4.55 | 4.15 | -0.40 | -8.79 |
| RTBRISCOE | 0.47 | 0.43 | -0.04 | -8.51 |
| THOMASWY | 4.04 | 3.70 | -0.34 | -8.42 |
| FBNH | 19.65 | 18.05 | -1.60 | -8.14 |
| UNIVINSURE | 0.26 | 0.24 | -0.02 | -7.69 |
| UNITYBNK | 1.01 | 0.94 | -0.07 | -6.93 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| JAPAULGOLD | 1.30 | 485 | 92,015,473 |
| FIDELITYBK | 8.40 | 347 | 67,032,589 |
| UBA | 20.95 | 535 | 46,312,553 |
| FCMB | 6.20 | 302 | 42,616,910 |
| CHAMS | 2.20 | 387 | 30,951,310 |
| ACCESSCORP | 17.40 | 445 | 24,545,252 |
| TRANSCORP | 6.23 | 182 | 14,931,290 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value(N) |
| UBA | 20.95 | 535 | 971,341,636.50 |
| MTNN | 240.00 | 265 | 691,913,290.70 |
| FIDELITYBK | 8.40 | 347 | 557,364,675.40 |
| ZENITHBANK | 34.00 | 403 | 466,591,276.20 |
| ACCESSCORP | 17.40 | 445 | 434,863,744.05 |
| GTCO | 35.00 | 313 | 409,663,515.50 |
| FCMB | 6.20 | 302 | 262,589,645.90 |
OUTLOOK
The Nigerian Equities market loses grip of its impressive run after witnessing an all time high record in the value of the index just a day ago, as trading closes negative today. Conversely, the week is expected to end positive.
