Trading activities in the Nigerian Equities Market closed positive today, Wednesday (29/11/2023) by 0.34% as the NGX-ASI increased to 71,284.56 from 71,041.05 recorded at the close of the previous trading day; indicating a YTD return of +39.09%.
Similarly, the market capitalization increased today by N13 billion to N39.00 trillion from N38.87 trillion recorded at the close of the previous trading day, while the market turnover increased to N6.61 billion from N5.62 billion.
The market breadth was negative at 0.53X as 20 stocks advanced and 38 stocks declined, while 58 stocks remained unchanged. SEPLAT topped the gainers’ list with +10.00%, while GUINEAINS declined by -10.00% to lead the losers’ chart.
GTCO recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 29th November 2023
MARKET STATISTICS
| CAP | N39,007,784,548,716.61 | One Day (ASI CHG) | 0.34% |
| Index | 71,284.56 | One Week (ASI CHG) | 0.40% |
| Volume | 360,600,859 | One Month (ASI CHG) | +1.00% |
| Value | N6,610,736,376.40 | Six Months (ASI CHG) | +27.73% |
| Deals | 6,579 | 52 Weeks (ASI CHG) | +50.63% |
| Gainers | 20 | Losers | 38 |
| Unchanged | 58 | Total | 116 |
| YTD Returns | +39.09% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.34 |
| NGX30 | 0.39 |
| NGXBNK | -0.56 |
| NGXCNSMRGDS | 0.89 |
| NGXINDUSTR | 0.00 |
| NGXINS | 1.17 |
| NGXLOTUSISLM | 1.09 |
| NGXOILGAS | 6.06 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SEPLAT | 2100.10 | 2310.10 | 210.00 | 10.00 |
| MEYER | 3.27 | 3.59 | 0.32 | 9.79 |
| SUNUASSUR | 1.36 | 1.49 | 0.13 | 9.56 |
| NESTLE | 1050.00 | 1150.00 | 100.00 | 9.52 |
| CONHALLPLC | 1.19 | 1.30 | 0.11 | 9.24 |
| WAPIC | 0.65 | 0.71 | 0.06 | 9.23 |
| NSLTECH | 0.66 | 0.72 | 0.06 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| GUINEAINS | 0.30 | 0.27 | -0.03 | -10.00 |
| OMATEK | 0.81 | 0.73 | -0.08 | -9.88 |
| ABBEYBDS | 1.86 | 1.68 | -0.18 | -9.68 |
| NEIMETH | 2.01 | 1.82 | -0.19 | -9.45 |
| TANTALIZER | 0.58 | 0.53 | -0.05 | -8.62 |
| DAARCOMM | 0.35 | 0.32 | -0.03 | -8.57 |
| UNITYBNK | 1.68 | 1.55 | -0.13 | -7.74 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| GTCO | 38.45 | 261 | 56,907,988 |
| TRANSCORP | 6.83 | 221 | 27,382,433 |
| UBA | 21.35 | 385 | 21,449,331 |
| NSLTECH | 0.72 | 94 | 20,648,141 |
| ACCESSCORP | 17.90 | 378 | 15,905,364 |
| UPDCREIT | 3.90 | 93 | 14,876,766 |
| VERITASKAP | 0.37 | 58 | 14,148,434 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 38.45 | 261 | 2,190,822,077.20 |
| MTNN | 238.00 | 288 | 688,358,169.20 |
| NESTLE | 1150.00 | 55 | 482,037,308.60 |
| UBA | 21.35 | 385 | 456,465,245.85 |
| SEPLAT | 2310.10 | 25 | 438,587,142.80 |
| ZENITHBANK | 35.00 | 312 | 330,817,216.80 |
| ACCESSCORP | 17.90 | 378 | 285,736,915.20 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day reversing yesterday’s loss. We expect positive performance on the local bourse to prevail as investors hunt for bargains amid improved sentiment.
