Trading activities in the Nigerian Equities Market closed positive today, Tuesday (07/11/2023) by 0.19% as the NGX-ASI increased to 70,613.60 from 70,479.62 recorded at the close of the previous trading day; indicating a YTD return of +37.78%.
Similarly, the market capitalization increased today by N85.45 billion to N38.80 trillion from N38.71 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.44 billion from N7.70 billion.
The market breadth was negative at 0.92X as 22 stocks advanced and 24 stocks declined, while 71 stocks remained unchanged. PZ topped the gainers’ list with +10.00%, while NNFM declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 07th November 2023
MARKET STATISTICS
| CAP | N38,797,616,622,062.50 | One Day (ASI CHG) | +0.19% |
| Index | 70,613.60 | One Week (ASI CHG) | +1.99% |
| Volume | 449,283,073 | One Month (ASI CHG) | +5.42% |
| Value | N5,444,880,969.76 | Six Months (ASI CHG) | +35.25% |
| Deals | 7,100 | 52 Weeks (ASI CHG) | +59.51% |
| Gainers | 26 | Losers | 28 |
| Unchanged | 64 | Total | 118 |
| YTD Returns | +37.78% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.19 |
| NGX30 | 0.14 |
| NGXBNK | 0.00 |
| NGXCNSMRGDS | 0.31 |
| NGXINDUSTR | 0.03 |
| NGXINS | 0.15 |
| NGXLOTUSISLM | 0.02 |
| NGXOILGAS | -0.27 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| PZ | 20.00 | 22.00 | 2.00 | 10.00 |
| GLAXOSMITH | 13.60 | 14.95 | 1.35 | 9.93 |
| DAARCOMM | 0.21 | 0.23 | 0.02 | 9.52 |
| JAPAULGOLD | 1.39 | 1.52 | 0.13 | 9.35 |
| INTBREW | 4.15 | 4.50 | 0.35 | 8.43 |
| CHAMPION | 3.36 | 3.60 | 0.24 | 7.14 |
| FBNH | 18.10 | 19.25 | 1.15 | 6.35 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NNFM | 20.00 | 18.00 | -2.00 | -10.00 |
| ROYALEX | 0.54 | 0.49 | -0.05 | -9.26 |
| OMATEK | 0.57 | 0.52 | -0.05 | -8.77 |
| ETERNA | 14.50 | 13.25 | -1.25 | -8.62 |
| GUINEAINS | 0.25 | 0.23 | -0.02 | -8.00 |
| NEIMETH | 1.70 | 1.57 | -0.13 | -7.65 |
| UPDC | 1.31 | 1.21 | -0.10 | -7.63 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 19.25 | 373 | 52,023,968 |
| CHIPLC | 1.01 | 112 | 49,525,834 |
| FIDELITYBK | 9.40 | 317 | 42,020,314 |
| UBA | 20.45 | 502 | 41,466,751 |
| JAPAULGOLD | 1.52 | 221 | 37,079,928 |
| CHAMS | 2.21 | 218 | 23,820,165 |
| OANDO | 9.65 | 445 | 22,960,763 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| FBNH | 19.25 | 373 | 1,026,270,718.40 |
| UBA | 20.45 | 502 | 847,006,026.25 |
| GTCO | 35.60 | 218 | 475,316,372.25 |
| ZENITHBANK | 33.30 | 327 | 438,258,723.40 |
| FIDELITYBK | 9.40 | 317 | 381,493,759.90 |
| AIRTELAFRI | 1790.00 | 28 | 245,738,821.30 |
| OANDO | 9.65 | 445 | 234,977,701.65 |
OUTLOOK
The Equities market closed its 2nd consecutive day of the week in green indicating investors’ continuous belief in the market system. The listing of MeCure Industries on the Exchange reinforces the surge in Market Capitalization and ASI. We expect positive performance in the remaining days of the week.
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