Trading activities in the Nigerian Equities Market closed positive today, Thursday (16/11/2023) by 0.02% as the NGX-ASI increased to 71,025.16 from 71,014.34 recorded at the close of the previous trading day; indicating a YTD return of +38.58%.
Similarly, the market capitalization increased today by N6.00 billion to N39.060 trillion from N39.054 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.38 billion from N6.16 billion.
The market breadth was negative at 0.69X as 22 stocks advanced and 32 stocks declined, while 65 stocks remained unchanged. DEAPCAP and NSLTECH topped the gainers’ list with +10.00%, while ABCTRANS declined by -10.00% to lead the losers’ chart.
REGALINS recorded the highest volume, while OANDO recorded the highest value for the day.
Read: NGX Price List for Thursday, 16th November 2023
MARKET STATISTICS
| CAP | N39,059,616,982,652.18 | One Day (ASI CHG) | +0.02% |
| Index | 71,025.16 | One Week (ASI CHG) | +0.29% |
| Volume | 483,847,757 | One Month (ASI CHG) | +5.49% |
| Value | N4,378,933,034.31 | Six Months (ASI CHG) | +36.09% |
| Deals | 6,545 | 52 Weeks (ASI CHG) | +61.24% |
| Gainers | 22 | Losers | 32 |
| Unchanged | 65 | Total | 119 |
| YTD Returns | +38.58% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.02 |
| NGX30 | +0.02 |
| NGXBNK | -0.35 |
| NGXCNSMRGDS | +0.31 |
| NGXINDUSTR | 0.00 |
| NGXINS | +0.17 |
| NGXLOTUSISLM | -0.05 |
| NGXOILGAS | -0.18 |
Top 7 Gainers
Security | Previous Close (N) | Close Price (N) | Price Change | %Change |
| DEAPCAP | 0.40 | 0.44 | 0.04 | 10.00 |
| NSLTECH | 0.30 | 0.33 | 0.03 | 10.00 |
| CILEASING | 4.12 | 4.53 | 0.41 | 9.95 |
| NNFM | 19.80 | 21.75 | 1.95 | 9.85 |
| SCOA | 1.12 | 1.23 | 0.11 | 9.82 |
| UNITYBNK | 0.98 | 1.07 | 0.09 | 9.18 |
| DAARCOMM | 0.22 | 0.24 | 0.02 | 9.09 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change | % Change |
| ABCTRANS | 1.00 | 0.90 | -0.10 | -10.00 |
| ETRANZACT | 7.55 | 6.80 | -0.75 | -9.93 |
| THOMASWY | 3.80 | 3.46 | -0.34 | -8.95 |
| GUINEAINS | 0.24 | 0.22 | -0.02 | -8.33 |
| ELLAHLAKES | 3.80 | 3.50 | -0.30 | -7.89 |
| UPDC | 1.23 | 1.15 | -0.08 | -6.50 |
| ETERNA | 13.90 | 13.05 | -0.85 | -6.12 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number Of Trades | Volume |
| REGALINS | 0.35 | 7 | 104,341,220 |
| OANDO | 11.70 | 902 | 55,280,997 |
| UNIVINSURE | 0.24 | 50 | 53,351,244 |
| JAPAULGOLD | 1.87 | 210 | 24,949,135 |
| UBA | 20.65 | 323 | 21,492,620 |
| UNITYBNK | 1.07 | 87 | 21,347,850 |
| GTCO | 37.00 | 306 | 18,086,575 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number Of Trades | Value (N) |
| OANDO | 11.70 | 902 | 676,637,272.30 |
| GTCO | 37.00 | 306 | 670,401,515.75 |
| UBA | 20.65 | 323 | 445,446,743.20 |
| GEREGU | 395.50 | 33 | 371,710,561.00 |
| ZENITHBANK | 33.50 | 335 | 350,347,254.25 |
| FBNH | 20.00 | 127 | 233,047,001.05 |
| AIRTELAFRI | 1,790.00 | 27 | 170,268,754.80 |
OUTLOOK
The Nigerian Equities market continues impressive run to close positive in today’s trading. We expect investors to persist in trading high paying dividend stocks in companies that pay investors juicy returns as dividends.
