Trading activities in the Nigerian Equities Market closed negative today, Monday (13/11/2023) by 0.33% as the NGX-ASI decreased to 70,612.81 from 70,849.38 recorded at the close of the previous trading day; indicating a YTD return of +37.78%.
Similarly, the market capitalization decreased today by N132.61 billion to N38.795 trillion from N38.927 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.75 billion from N5.56 billion.
The market breadth was positive at 1.33X as 24 stocks advanced and 18 stocks declined, while 77 stocks remained unchanged. RTBRISCOE topped the gainers’ list with +10.00%, while JAPAULGOLD declined by -9.09% to lead the losers’ chart.
FIDELITYBK recorded the highest volume, while MTNN recorded the highest value for the day.
Read: NGX Price List for Monday, 13th November 2023
MARKET STATISTICS
| CAP | N38,795,083,453,885.50 | One Day (ASI CHG) | -0.33% |
| Index | 70,612.81 | One Week (ASI CHG) | +0.19% |
| Volume | 474,386,602 | One Month (ASI CHG) | +5.33% |
| Value | N7,751,150,881.21 | Six Months (ASI CHG) | +34.71% |
| Deals | 7,630 | 52 Weeks (ASI CHG) | +60.60% |
| Gainers | 24 | Losers | 18 |
| Unchanged | 77 | Total | 119 |
| YTD Returns | +37.78% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.33 |
| NGX30 | -0.32 |
| NGXBNK | 0.38 |
| NGXCNSMRGDS | -0.02 |
| NGXINDUSTR | -3.27 |
| NGXINS | -0.09 |
| NGXLOTUSISLM | -0.11 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| RTBRISCOE | 0.60 | 0.66 | 0.06 | 10.00 |
| ALEX | 6.50 | 7.15 | 0.65 | 10.00 |
| DEAPCAP | 0.31 | 0.34 | 0.03 | 9.68 |
| CAVERTON | 1.33 | 1.45 | 0.12 | 9.02 |
| TANTALIZER | 0.38 | 0.41 | 0.03 | 7.89 |
| OANDO | 9.60 | 10.35 | 0.75 | 7.81 |
| ABCTRANS | 0.84 | 0.90 | 0.06 | 7.14 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| JAPAULGOLD | 1.98 | 1.80 | -0.18 | -9.09 |
| BUACEMENT | 107.00 | 98.70 | -8.30 | -7.76 |
| VERITASKAP | 0.27 | 0.25 | -0.02 | -7.41 |
| UNIVINSURE | 0.25 | 0.24 | -0.01 | -4.00 |
| CHAMS | 2.08 | 2.00 | -0.08 | -3.85 |
| CORNERST | 1.50 | 1.45 | -0.05 | -3.33 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FIDELITYBK | 9.15 | 426 | 94,048,467 |
| JAPAULGOLD | 1.8 | 549 | 65,977,593 |
| UBA | 20.75 | 384 | 54,923,670 |
| TRANSCORP | 6.23 | 199 | 25,981,079 |
| JAIZBANK | 1.63 | 96 | 21,710,034 |
| OANDO | 10.35 | 387 | 16,788,016 |
| OMATEK | 0.64 | 107 | 12,897,406 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| MTNN | 240 | 467 | 2,228,122,374.10 |
| UBA | 20.75 | 384 | 1,141,012,433.25 |
| FIDELITYBK | 9.15 | 426 | 858,546,972.30 |
| GTCO | 36 | 262 | 455,290,516.45 |
| NB | 38 | 90 | 438,960,597.05 |
| AIRTELAFRI | 1790 | 24 | 376,945,591.60 |
| FBNH | 20 | 216 | 204,835,307.85 |
OUTLOOK
The market recorded a loss at the end of today’s trading to begin the week. Market’s sentiment tilted to the bears after the session ended. We expect a mixed sectorial performance to close out the week. However, we expect to see mixed sentiment in the remaining days of the week as investors continue to focus on fundamentally sound stocks.
