Trading activities in the Nigerian Equities Market closed negative today, Tuesday (28/11/2023) by -0.44% as the NGX-ASI decreased to 71,041.05 from 71,353.81 recorded at the close of the previous trading day; indicating a YTD return of +38.61%.
Similarly, the market capitalization decreased today by N164.76 billion to N38.87 trillion from N39.040 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.62 billion from N5.95 billion.
The market breadth was negative at 0.45X as 18 stocks advanced and 40 stocks declined, while 54 stocks remained unchanged. NSLTECH topped the gainers’ list with +10.00%, while OMATEK declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 28th November 2023
MARKET STATISTICS
| CAP | N38,875,330,228,034.87 | One Day (ASI CHG) | -0.44% |
| Index | 71,041.05 | One Week (ASI CHG) | -0.04% |
| Volume | 534,619,447 | One Month (ASI CHG) | +2.61% |
| Value | N5,619,495,140.47 | Six Months (ASI CHG) | +27.38% |
| Deals | 8,136 | 52 Weeks (ASI CHG) | +49.76% |
| Gainers | 18 | Losers | 40 |
| Unchanged | 54 | Total | 112 |
| YTD Returns | +38.61% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.44 |
| NGX30 | -0.41 |
| NGXBNK | 0.06 |
| NGXCNSMRGDS | 0.04 |
| NGXINDUSTR | -1.25 |
| NGXINS | -1.27 |
| NGXLOTUSISLM | -0.40 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NSLTECH | 0.60 | 0.66 | 0.06 | 10.00 |
| SUNUASSUR | 1.24 | 1.36 | 0.12 | 9.68 |
| CONHALLPLC | 1.09 | 1.19 | 0.10 | 9.17 |
| ROYALEX | 0.63 | 0.67 | 0.04 | 6.35 |
| TANTALIZER | 0.55 | 0.58 | 0.03 | 5.45 |
| UNILEVER | 14.30 | 15.00 | 0.70 | 4.90 |
| NNFM | 28.85 | 30.10 | 1.25 | 4.33 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| OMATEK | 0.90 | 0.81 | -0.09 | -10.00 |
| IKEJAHOTEL | 4.66 | 4.20 | -0.46 | -9.87 |
| NEIMETH | 2.23 | 2.01 | -0.22 | -9.87 |
| WAPIC | 0.72 | 0.65 | -0.07 | -9.72 |
| CWG | 7.62 | 6.90 | -0.72 | -9.45 |
| PRESTIGE | 0.53 | 0.48 | -0.05 | -9.43 |
| LIVESTOCK | 1.85 | 1.68 | -0.17 | -9.19 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 18.00 | 574 | 52,358,042 |
| TRANSCORP | 6.74 | 306 | 46,556,374 |
| UPDCREIT | 4.20 | 115 | 46,210,457 |
| UBA | 21.40 | 456 | 36,345,975 |
| UNITYBNK | 1.68 | 179 | 31,252,337 |
| VERITASKAP | 0.38 | 99 | 28,720,235 |
| OANDO | 11.50 | 377 | 26,585,445 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ACCESSCORP | 18.00 | 574 | 942,760,917.45 |
| UBA | 21.40 | 456 | 774,304,884.20 |
| ZENITHBANK | 35.15 | 410 | 358,338,590.40 |
| GTCO | 38.50 | 260 | 338,638,227.80 |
| OANDO | 11.50 | 377 | 319,659,728.90 |
| TRANSCORP | 6.74 | 306 | 309,916,677.01 |
| FBNH | 22.30 | 304 | 304,803,485.25 |
OUTLOOK
The Nigerian Equities market lost at the closed of today’s trading. Investors’ profit taking took an edge to put the market’s position in red. However, it is projected that the market may rebound in the remaining days of the week.
