Trading activities in the Nigerian Equities Market closed positive today, Tuesday (17/10/2023) by 0.43% as the NGX-ASI increased to 67,326.12 from 67,037.93 recorded at the close of the previous trading day; indicating a YTD return of +31.37%.
Similarly, the market capitalization increased today by N158.33 billion to N36,988 trillion from N36.830 trillion recorded at the close of the previous trading day, while the market turnover increased to N5.17 billion from N3.6 billion.
The market breadth was positive at 1.18X as 26 stocks advanced and 22 stocks declined, while 67 stocks remained unchanged. JBERGER topped the gainers’ list with +10.00%, while MULTIVERSE declined by -9.49% to lead the losers’ chart.
ETRANZACT recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Tuesday, 17th October 2023
MARKET STATISTICS
| CAP | N36,988,827,143,348.20 | One Day (ASI CHG) | 0.43% |
| Index | 67,326.12 | One Week (ASI CHG) | 0.51% |
| Volume | 377,970,661 | One Month (ASI CHG) | -1.51% |
| Value | N5,169,621,239.74 | Six Months (ASI CHG) | +31.55% |
| Deals | 6,729 | 52 Weeks (ASI CHG) | +45.21% |
| Gainers | 26 | Losers | 22 |
| Unchanged | 67 | Total | 115 |
| YTD Returns | +31.37% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | 0.43 |
| NGX30 | 0.36 |
| NGXBNK | 2.75 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | 0.05 |
| NGXINS | 0.20 |
| NGXLOTUSISLM | 0.03 |
| NGXOILGAS | 0.03 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| JBERGER | 33.00 | 36.30 | 3.30 | 10.00 |
| CWG | 8.65 | 9.50 | 0.85 | 9.83 |
| CHAMPION | 3.38 | 3.71 | 0.33 | 9.76 |
| OANDO | 8.35 | 9.15 | 0.80 | 9.58 |
| THOMASWY | 2.80 | 3.06 | 0.26 | 9.29 |
| FTNCOCOA | 1.64 | 1.75 | 0.11 | 6.71 |
| STANBIC | 72.00 | 76.00 | 4.00 | 5.56 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| MULTIVERSE | 2.95 | 2.67 | -0.28 | -9.49 |
| UNITYBNK | 1.00 | 0.91 | -0.09 | -9.00 |
| ELLAHLAKES | 4.35 | 4.00 | -0.35 | -8.05 |
| NB | 42.00 | 38.90 | -3.10 | -7.38 |
| ETRANZACT | 9.00 | 8.40 | -0.60 | -6.67 |
| VERITASKAP | 0.25 | 0.24 | -0.01 | -4.00 |
| FIDSON | 15.19 | 14.60 | -0.59 | -3.88 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ETRANZACT | 8.40 | 20 | 44,069,405 |
| UBA | 18.50 | 544 | 42,300,943 |
| ACCESSCORP | 16.95 | 480 | 33,319,637 |
| FIDELITYBK | 8.45 | 178 | 31,200,462 |
| STERLINGNG | 3.45 | 127 | 24,676,210 |
| FCMB | 6.00 | 140 | 19,645,600 |
| ZENITHBANK | 33.00 | 337 | 15,443,287 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| UBA | 18.50 | 544 | 796,358,525.65 |
| ACCESSCORP | 16.95 | 480 | 560,388,911.40 |
| GTCO | 35.20 | 412 | 524,236,407.45 |
| ZENITHBANK | 33.00 | 337 | 504,389,857.60 |
| ETRANZACT | 8.40 | 20 | 370,152,481.00 |
| DANGSUGAR | 65.00 | 315 | 328,551,497.85 |
| NASCON | 58.00 | 139 | 313,164,634.50 |
OUTLOOK
Market rebounded impressively from the loss recorded on Tuesday at the end of today’s trading. We expect a mixed sentiment for the remaining days of the week as investors adjust to the recent inflation rate 26.72%.
