Trading activities in the Nigerian Equities Market closed positive today, Friday (13/10/2023) by 0.10% as the NGX-ASI increased to 67,200.69 from 67,133.19 recorded at the close of the previous trading day; indicating a YTD return of +31.12%. The market performance for the week ended Friday, October 13, 2023, increased by 1.12% to 67,200.69 from 66,454.57 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N37.08 billion to N36.919 trillion from N36.883 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.1 billion from N4.5 billion.
The market breadth was positive at 1.33X as 16 stocks advanced and 12 stocks declined, while 92 stocks remained unchanged. UPL topped the gainers’ list with +9.77%, while DAARCOMM declined by -8.70% to lead the losers’ chart.
UBA recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Friday, 13th October 2023
MARKET STATISTICS
| CAP | N36,919,914,227,788.27 | One Day (ASI CHG) | +0.10% |
| Index | 67,200.69 | One Week (ASI CHG) | +1.12% |
| Volume | 224,072,618 | One Month (ASI CHG) | -0.26% |
| Value | N4,164,752,304.72 | Six Months (ASI CHG) | +29.50% |
| Deals | 5,049 | 52 Weeks (ASI CHG) | +41.40% |
| Gainers | 16 | Losers | 12 |
| Unchanged | 92 | Total | 120 |
| YTD Returns | +31.12% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | 0.10 |
| NGX30 | 0.00 |
| NGXBNK | 0.10 |
| NGXCNSMRGDS | 0.64 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.67 |
| NGXLOTUSISLM | 0.02 |
| NGXOILGAS | -0.02 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UPL | 2.15 | 2.36 | 0.21 | 9.77 |
| ELLAHLAKES | 3.97 | 4.35 | 0.38 | 9.57 |
| CHIPLC | 1.05 | 1.15 | 0.10 | 9.52 |
| JOHNHOLT | 1.44 | 1.57 | 0.13 | 9.03 |
| THOMASWY | 2.58 | 2.80 | 0.22 | 8.53 |
| ABCTRANS | 0.74 | 0.80 | 0.06 | 8.11 |
| GLAXOSMITH | 11.30 | 12.15 | 0.85 | 7.52 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| DAARCOMM | 0.23 | 0.21 | -0.02 | -8.70 |
| FTNCOCOA | 1.72 | 1.64 | -0.08 | -4.65 |
| CAVERTON | 1.48 | 1.43 | -0.05 | -3.38 |
| COURTVILLE | 0.62 | 0.60 | -0.02 | -3.23 |
| TRANSCORP | 6.30 | 6.12 | -0.18 | -2.86 |
| STERLINGNG | 3.40 | 3.32 | -0.08 | -2.35 |
| JAPAULGOLD | 0.98 | 0.96 | -0.02 | -2.04 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 17.55 | 334 | 48,227,076 |
| GTCO | 34.7 | 426 | 33,162,942 |
| ACCESSCORP | 15.85 | 310 | 23,509,789 |
| ZENITHBANK | 32 | 223 | 12,986,474 |
| TRANSCORP | 6.12 | 193 | 10,207,659 |
| WEMABANK | 4.75 | 129 | 9,296,957 |
| UNIVINSURE | 0.24 | 31 | 6,727,804 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 34.7 | 426 | 1,144,310,905.05 |
| UBA | 17.55 | 334 | 842,118,960.55 |
| ZENITHBANK | 32 | 223 | 415,089,969.80 |
| ACCESSCORP | 15.85 | 310 | 371,831,723.90 |
| DANGSUGAR | 60.7 | 240 | 237,740,702.75 |
| TOTAL | 385 | 50 | 109,664,869.10 |
| SEPLAT | 1837 | 14 | 87,546,097.80 |
OUTLOOK
The Nigerian Equity market maintains bullish trend to close for the week this is primarily driven by investors’ buying interest. Investors’ sentiment is projected to further direct the trajectory of the market in the coming week.
