Trading activities in the Nigerian Equities Market closed positive today, Friday (17/11/2023) by 0.12% as the NGX-ASI increased to 71,112.99 from 71,025.16 recorded at the close of the previous trading day; indicating a YTD return of +38.75%. The market performance for the week increased by 0.37% to 71,112.99 from 70,849.38 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N48.299 billion to N39,108 trillion from N39.060 trillion recorded at the close of the previous trading day, while the market turnover increased to N6.03 billion from N4.38 billion.
Today’s market breadth was positive at 1.94X as 35 stocks advanced and 18 stocks declined, while 60 stocks remained unchanged. MULTIVERSE and PRESTIGE topped the gainers’ list respectively with +10.00%, while ABCTRANS declined by -10.00% to lead the losers’ chart.
JAIZBANK recorded the highest volume and GTCO recorded the highest value for the day.
Read: NGX Price List for Friday, 17th November 2023
MARKET STATISTICS
| CAP | N39,107,916,318,220.57 | One Day (ASI CHG) | +0.12% |
| Index | 71,112.99 | One Week (ASI CHG) | +0.37% |
| Volume | 441,579,078 | One Month (ASI CHG) | +5.58% |
| Value | N6,032,959,569.33 | Six Months (ASI CHG) | +36.26% |
| Deals | 5,883 | 52 Weeks (ASI CHG) | +61.58% |
| Gainers | 35 | Losers | 18 |
| Unchanged | 60 | Total | 113 |
| YTD Returns | +38.75% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.12 |
| NGX30 | 0.16 |
| NGXBNK | 0.00 |
| NGXCNSMRGDS | -0.07 |
| NGXINDUSTR | -0.04 |
| NGXINS | 1.40 |
| NGXLOTUSISLM | -0.02 |
| NGXOILGAS | 3.71 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| PRESTIGE | 0.50 | 0.55 | 0.05 | 10.00 |
| MULTIVERSE | 3.30 | 3.63 | 0.33 | 10.00 |
| CILEASING | 4.53 | 4.98 | 0.45 | 9.93 |
| NNFM | 21.75 | 23.90 | 2.15 | 9.89 |
| UNITYBNK | 1.07 | 1.17 | 0.10 | 9.35 |
| DEAPCAP | 0.44 | 0.48 | 0.04 | 9.09 |
| GUINEAINS | 0.22 | 0.24 | 0.02 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| ABCTRANS | 0.90 | 0.81 | -0.09 | -10.00 |
| BETAGLAS | 59.95 | 54.00 | -5.95 | -9.92 |
| JAPAULGOLD | 1.87 | 1.70 | -0.17 | -9.09 |
| ROYALEX | 0.56 | 0.51 | -0.05 | -8.93 |
| TANTALIZER | 0.45 | 0.42 | -0.03 | -6.67 |
| RTBRISCOE | 0.64 | 0.61 | -0.03 | -4.69 |
| STERLINGNG | 3.66 | 3.55 | -0.11 | -3.01 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAIZBANK | 1.59 | 113 | 95,206,426 |
| GTCO | 37 | 170 | 35,330,536 |
| JAPAULGOLD | 1.7 | 197 | 29,085,646 |
| CILEASING | 4.98 | 318 | 19,544,385 |
| UBA | 20.75 | 281 | 19,296,893 |
| TRANSCORP | 6.2 | 209 | 17,431,491 |
| OANDO | 11.7 | 379 | 16,731,572 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 37 | 170 | 1,307,033,224.35 |
| SEPLAT | 2100.1 | 48 | 1,029,955,862.80 |
| MTNN | 239.5 | 193 | 783,698,624.00 |
| UBA | 20.75 | 281 | 398,844,075.85 |
| ZENITHBANK | 33.4 | 282 | 246,862,582.35 |
| NAHCO | 24.2 | 96 | 200,437,478.45 |
| AIRTELAFRI | 1790 | 15 | 191,427,600.60 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day and the week. This reinforces investors’ belief in the system, the trading performances further show impressive results and it is projected that market sustains this performance in the week ahead.
