Trading activities in the Nigerian Equities Market closed negative today, Wednesday (04/10/2023) by 0.43% as the NGX-ASI decreased to 66,482.28 from 66,770.97 recorded at the close of the previous trading day; indicating a YTD return of +29.72%.
Similarly, the market capitalization decreased today by N158.01 billion to N36.38 trillion from N36.54 trillion recorded at the close of the previous trading day, while the market turnover increased to N4.59 billion from N3.85 billion.
The market breadth was positive at 1.27X as 28 stocks advanced and 22 stocks declined, while 64 stocks remained unchanged. OANDO topped the gainers’ list with +9.88%, while WEMABANK and IKEJAHOTEL declined by -10.00% respectively to lead the losers’ chart.
UNIVINSURE recorded the highest volume, while GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 4th October 2023
MARKET STATISTICS
| CAP | N36,386,222,290,016.55 | One Day (ASI CHG) | -0.43% |
| Index | 66,482.28 | One Week (ASI CHG) | -0.25% |
| Volume | 657,515,274 | One Month (ASI CHG) | -2.71% |
| Value | N4,597,419,892.25 | Six Months (ASI CHG) | +25.39% |
| Deals | 6,646 | 52 Weeks (ASI CHG) | +35.61% |
| Gainers | 28 | Losers | 22 |
| Unchanged | 64 | Total | 114 |
| YTD Returns | +29.72% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.43 |
| NGX30 | -0.41 |
| NGXBNK | -0.02 |
| NGXCNSMRGDS | 0.18 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.28 |
| NGXLOTUSISLM | -0.58 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| OANDO | 8.60 | 9.45 | 0.85 | 9.88 |
| REDSTAREX | 2.65 | 2.91 | 0.26 | 9.81 |
| TRIPPLEG | 2.17 | 2.38 | 0.21 | 9.68 |
| RTBRISCOE | 0.53 | 0.58 | 0.05 | 9.43 |
| UNIVINSURE | 0.22 | 0.24 | 0.02 | 9.09 |
| AFRIPRUD | 6.70 | 7.30 | 0.60 | 8.96 |
| UPDC | 1.29 | 1.40 | 0.11 | 8.53 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| WEMABANK | 4.70 | 4.23 | -0.47 | -10.00 |
| IKEJAHOTEL | 3.50 | 3.15 | -0.35 | -10.00 |
| ABCTRANS | 0.79 | 0.72 | -0.07 | -8.86 |
| ROYALEX | 0.50 | 0.46 | -0.04 | -8.00 |
| CHIPLC | 1.25 | 1.18 | -0.07 | -5.60 |
| MTNN | 260.00 | 250.00 | -10.00 | -3.85 |
| NGXGROUP | 24.40 | 23.50 | -0.90 | -3.69 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UNIVINSURE | 0.24 | 55 | 336,294,083 |
| FIDELITYBK | 8.10 | 208 | 31,689,402 |
| CHIPLC | 1.18 | 114 | 25,125,686 |
| GTCO | 36.00 | 404 | 24,632,579 |
| WEMABANK | 4.23 | 296 | 24,016,340 |
| FBNH | 16.20 | 135 | 22,019,742 |
| OANDO | 9.45 | 154 | 15,549,711 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| GTCO | 36.00 | 404 | 885,386,471.65 |
| ZENITHBANK | 31.90 | 498 | 382,329,952.35 |
| FBNH | 16.20 | 135 | 356,734,289.65 |
| MTNN | 250.00 | 376 | 319,542,869.10 |
| FIDELITYBK | 8.10 | 208 | 264,857,299.05 |
| DANGSUGAR | 55.00 | 254 | 258,031,583.50 |
| NASCON | 49.20 | 76 | 255,752,750.10 |
OUTLOOK
The Nigerian Exchange (NGX) closed negative at the end of today’s trading session. As equities decline further with low trading volume, we expect market performance to remain mixed in the days ahead.
