Trading activities in the Nigerian Equities Market closed positive today, Monday (06/11/2023) by 0.40% as the NGX-ASI increased to 70,479.62 from 70,196.77 recorded at the close of the previous trading day; indicating a YTD return of +37.52%.
Similarly, the market capitalization increased today by N155.27 billion to N38.71 trillion from N38.55 trillion recorded at the close of the previous trading day, while the market turnover decreased to N7.70 billion from N9.16 billion.
The market breadth was negative at 0.93X as 26 stocks advanced and 28 stocks declined, while 64 stocks remained unchanged. THOMASWY topped the gainers’ list with +10.00%, while ABCTRANS declined by -9.30% to lead the losers’ chart.
UBA recorded the highest volume and value for the day.
Read: NGX Price List for Monday, 06th November 2023
MARKET STATISTICS
| CAP | N38,712,161,950,709.47 | One Day (ASI CHG) | +0.40% |
| Index | 70,479.62 | One Week (ASI CHG) | +3.48% |
| Volume | 391,013,619 | One Month (ASI CHG) | +5.03% |
| Value | N7,705,249,887.98 | Six Months (ASI CHG) | +33.98% |
| Deals | 6,837 | 52 Weeks (ASI CHG) | +59.21% |
| Gainers | 26 | Losers | 28 |
| Unchanged | 64 | Total | 118 |
| YTD Returns | +37.52% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.40 |
| NGX30 | 0.46 |
| NGXBNK | 0.66 |
| NGXCNSMRGDS | -0.18 |
| NGXINDUSTR | 1.83 |
| NGXINS | -2.19 |
| NGXLOTUSISLM | 0.18 |
| NGXOILGAS | 2.31 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| THOMASWY | 3.70 | 4.07 | 0.37 | 10.00 |
| CHAMS | 2.02 | 2.22 | 0.20 | 9.90 |
| GLAXOSMITH | 12.40 | 13.60 | 1.20 | 9.68 |
| OANDO | 8.80 | 9.65 | 0.85 | 9.66 |
| JAPAULGOLD | 1.27 | 1.39 | 0.12 | 9.45 |
| RTBRISCOE | 0.43 | 0.46 | 0.03 | 6.98 |
| FIDELITYBK | 8.45 | 9.00 | 0.55 | 6.51 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| ABCTRANS | 0.86 | 0.78 | -0.08 | -9.30 |
| CORNERST | 1.51 | 1.37 | -0.14 | -9.27 |
| CHAMPION | 3.70 | 3.36 | -0.34 | -9.19 |
| INTBREW | 4.55 | 4.15 | -0.40 | -8.79 |
| DAARCOMM | 0.23 | 0.21 | -0.02 | -8.70 |
| MBENEFIT | 0.53 | 0.49 | -0.04 | -7.55 |
| TANTALIZER | 0.41 | 0.38 | -0.03 | -7.32 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 20.50 | 554 | 105,627,151 |
| FBNH | 18.10 | 210 | 33,267,962 |
| JAPAULGOLD | 1.39 | 156 | 21,348,228 |
| FIDELITYBK | 9.00 | 204 | 20,438,870 |
| ACCESSCORP | 17.20 | 320 | 19,502,847 |
| OANDO | 9.65 | 241 | 15,878,211 |
| CHAMS | 2.22 | 190 | 13,804,822 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 20.50 | 554 | 2,137,959,122.05 |
| GEREGU | 395.50 | 70 | 1,156,391,491.20 |
| FBNH | 18.10 | 210 | 602,498,822.65 |
| STANBIC | 70.00 | 131 | 478,245,673.25 |
| ACCESSCORP | 17.20 | 320 | 335,651,203.00 |
| GTCO | 35.30 | 289 | 321,935,317.85 |
| SEPLAT | 1980.10 | 28 | 315,343,868.40 |
OUTLOOK
Trading session on the Nigerian Exchange begins the week with gain to usher in an impressive start for the week. We expect a positive performance on the local bourse as investors hunt for bargains amid improved sentiment.
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