Trading activities in the Nigerian Equities Market closed positive today, Tuesday (14/11/2023) by 0.37% as the NGX-ASI increased to 70,876.35 from 70,612.81 recorded at the close of the previous trading day; indicating a YTD return of +38.29%.
Similarly, the market capitalization increased today by N165.1 billion to N38.96 trillion from N38.795 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.37 billion from N7.75 billion.
The market breadth was positive at 2.06X as 33 stocks advanced and 16 stocks declined, while 68 stocks remained unchanged. NNFM topped the gainers’ list with +10.00%, while REDSTAREX declined by -9.76% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume, while UBA recorded the highest value for the day.
Read: NGX Price List for Tuesday, 14th November 2023
MARKET STATISTICS
| CAP | N38,960,183,560,983.42 | One Day (ASI CHG) | +0.37% |
| Index | 70,876.35 | One Week (ASI CHG) | +0.37% |
| Volume | 327,426,214 | One Month (ASI CHG) | +5.27% |
| Value | N3,368,813,682.85 | Six Months (ASI CHG) | +34.79% |
| Deals | 6,533 | 52 Weeks (ASI CHG) | +61.75% |
| Gainers | 33 | Losers | 16 |
| Unchanged | 68 | Total | 117 |
| YTD Returns | +38.29% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.37 |
| NGX30 | 0.32 |
| NGXBNK | 0.69 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | 1.39 |
| NGXINS | 0.23 |
| NGXLOTUSISLM | 0.23 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NNFM | 18.00 | 19.80 | 1.80 | 10.00 |
| CILEASING | 3.41 | 3.75 | 0.34 | 9.97 |
| MEYER | 2.71 | 2.98 | 0.27 | 9.96 |
| TANTALIZER | 0.41 | 0.45 | 0.04 | 9.76 |
| OMATEK | 0.64 | 0.70 | 0.06 | 9.37 |
| MULTIVERSE | 2.90 | 3.17 | 0.27 | 9.31 |
| ABCTRANS | 0.90 | 0.98 | 0.08 | 8.89 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| REDSTAREX | 3.28 | 2.96 | -0.32 | -9.76 |
| FTNCOCOA | 1.83 | 1.66 | -0.17 | -9.29 |
| MBENEFIT | 0.52 | 0.49 | -0.03 | -5.77 |
| CAVERTON | 1.45 | 1.38 | -0.07 | -4.83 |
| PRESTIGE | 0.45 | 0.43 | -0.02 | -4.44 |
| DAARCOMM | 0.23 | 0.22 | -0.01 | -4.35 |
| UNIVINSURE | 0.24 | 0.23 | -0.01 | -4.17 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAPAULGOLD | 1.85 | 400 | 44,698,127 |
| FIDELITYBK | 9.00 | 245 | 36,360,550 |
| UBA | 20.85 | 332 | 26,703,699 |
| OANDO | 10.50 | 428 | 21,250,991 |
| JAIZBANK | 1.60 | 81 | 18769377 |
| ACCESSCORP | 17.2 | 401 | 18398371 |
| OMATEK | 0.70 | 90 | 11359373 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 20.85 | 332 | 555,021,839.70 |
| FIDELITYBK | 9.00 | 245 | 326,827,562.80 |
| ACCESSCORP | 17.20 | 401 | 317,680,313.45 |
| MTNN | 240.00 | 306 | 247,767,398.80 |
| OANDO | 10.50 | 428 | 230,362,077.20 |
| PZ | 23.00 | 100 | 205,944,393.85 |
| FBNH | 20.05 | 176 | 181,289,174.25 |
OUTLOOK
The Equities market recorded gain at the end of today’s trading. We expect the bullish momentum in the market to persist on the back of improved corporate earnings and the commencement of the dividend season.
