Trading activities in the Nigerian Equities Market closed negative today, Tuesday (10/10/2023) by 0.17% as the NGX-ASI decreased to 66,984.62 from 67,101.33 recorded at the close of the previous trading day; indicating a YTD return of +30.70%.
Similarly, the market capitalization decreased today by N64.12 billion to N36.80 trillion from N36.86 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.8 billion from N3.46 billion.
The market breadth was negative at 0.44X as 12 stocks advanced and 27 stocks declined, while 78 stocks remained unchanged. CAPHOTEL topped the gainers’ list with +9.82%, while JOHNHOLT declined by -10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume while SEPLAT recorded the highest value for the day.
Read: NGX Price List for Tuesday, 10th October 2023
MARKET STATISTICS
| CAP | N36,801,342,424,264.57 | One Day (ASI CHG) | -0.17% |
| Index | 66,984.62 | One Week (ASI CHG) | +0.32% |
| Volume | 257,423,368 | One Month (ASI CHG) | +0.34% |
| Value | N7,799,926,046.14 | Six Months (ASI CHG) | +28.95% |
| Deals | 6,498 | 52 Weeks (ASI CHG) | +41.46% |
| Gainers | 12 | Losers | 27 |
| Unchanged | 78 | Total | 117 |
| YTD Returns | +30.70% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.17 |
| NGX30 | -0.19 |
| NGXBNK | -1.11 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.71 |
| NGXLOTUSISLM | -0.08 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CAPHOTEL | 2.75 | 3.02 | 0.27 | 9.82 |
| CHAMS | 1.28 | 1.4 | 0.12 | 9.38 |
| ABCTRANS | 0.68 | 0.74 | 0.06 | 8.82 |
| OANDO | 9.2 | 9.9 | 0.7 | 7.61 |
| NEIMETH | 1.55 | 1.66 | 0.11 | 7.10 |
| CAVERTON | 1.49 | 1.59 | 0.1 | 6.71 |
| OMATEK | 0.45 | 0.48 | 0.03 | 6.67 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| JOHNHOLT | 1.6 | 1.44 | -0.16 | -10.00 |
| PRESCO | 201.2 | 182 | -19.2 | -9.54 |
| DAARCOMM | 0.23 | 0.21 | -0.02 | -8.70 |
| DEAPCAP | 0.27 | 0.25 | -0.02 | -7.41 |
| JAIZBANK | 1.6 | 1.5 | -0.1 | -6.25 |
| CHAMPION | 3.6 | 3.38 | -0.22 | -6.11 |
| REGALINS | 0.37 | 0.35 | -0.02 | -5.41 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FIDELITYBK | 8.3 | 297 | 53,396,470 |
| ACCESSCORP | 15.75 | 456 | 31,088,033 |
| UBA | 17.15 | 386 | 26,772,286 |
| OANDO | 9.9 | 379 | 13,564,752 |
| ZENITHBANK | 31.8 | 385 | 11,266,888 |
| UNIVINSURE | 0.24 | 31 | 8,925,245 |
| JAPAULGOLD | 0.95 | 84 | 8,613,821 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| SEPLAT | 1837 | 102 | 3,849,876,808.40 |
| ACCESSCORP | 15.75 | 456 | 490,503,568.65 |
| UBA | 17.15 | 386 | 459,677,066.10 |
| FIDELITYBK | 8.3 | 297 | 442,890,188.30 |
| ZENITHBANK | 31.8 | 385 | 358,983,891.05 |
| BUACEMENT | 103.4 | 196 | 271,452,883.70 |
| OKOMUOIL | 263 | 78 | 242,417,037.00 |
OUTLOOK
Activities on the floor of the Exchange closed negative at the end of today’s trading session. Poor trading performance was pronounced in all the sectors invariably dragging the market performance. However, we expect better performance for the remaining days of the week as investors continue to trade on fundamentally sound stocks.
