Trading activities in the Nigerian Equities Market closed negative today, Wednesday (22/11/2023) by 0.09% as the NGX-ASI decreased to 71,003.98 from 71,066.55 recorded at the close of the previous trading day; indicating a YTD return of +38.54%.
Similarly, the market capitalization decreased today by N34.46 billion to N39.047 trillion from N39.082 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.37 billion from N3.22 billion.
The market breadth was positive at 2.20X as 33 stocks advanced and 15 stocks declined, while 65 stocks remained unchanged. DAARCOMM topped the gainers’ list with +10.00%, while CILEASING declined by -7.56% to lead the losers’ chart.
VERITASKAP recorded the highest volume, while MTNN recorded the highest value for the day.
Read: NGX Price List for Wednesday, 22nd November 2023
MARKET STATISTICS
| CAP | N39,047,963,394,772.20 | One Day (ASI CHG) | -0.09% |
| Index | 71,003.98 | One Week (ASI CHG) | -0.01% |
| Volume | 428,443,260 | One Month (ASI CHG) | +5.65% |
| Value | N7,373,014,568.78 | Six Months (ASI CHG) | +34.42% |
| Deals | 6,549 | 52 Weeks (ASI CHG) | +58.03% |
| Gainers | 33 | Losers | 15 |
| Unchanged | 65 | Total | 113 |
| YTD Returns | +38.54% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.09 |
| NGX30 | -0.14 |
| NGXBNK | 0.19 |
| NGXCNSMRGDS | -0.19 |
| NGXINDUSTR | -0.08 |
| NGXINS | 0.75 |
| NGXLOTUSISLM | -0.16 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | PriceChange | %Change |
| UNITYBNK | 1.40 | 1.54 | 0.14 | 10.00 |
| RTBRISCOE | 0.60 | 0.66 | 0.06 | 10.00 |
| DAARCOMM | 0.30 | 0.33 | 0.03 | 10.00 |
| MULTIVERSE | 4.38 | 4.81 | 0.43 | 9.82 |
| NSLTECH | 0.42 | 0.46 | 0.04 | 9.52 |
| NEIMETH | 1.69 | 1.85 | 0.16 | 9.47 |
| SOVRENINS | 0.33 | 0.36 | 0.03 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CILEASING | 5.69 | 5.26 | -0.43 | -7.56 |
| PRESTIGE | 0.53 | 0.49 | -0.04 | -7.55 |
| INTBREW | 4.50 | 4.25 | -0.25 | -5.56 |
| UPDCREIT | 4.35 | 4.15 | -0.20 | -4.60 |
| FBNH | 20.00 | 19.20 | -0.80 | -4.00 |
| LIVESTOCK | 1.85 | 1.80 | -0.05 | -2.70 |
| DANGSUGAR | 61.00 | 60.00 | -1.00 | -1.64 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| VERITASKAP | 0.37 | 125 | 62,079,465 |
| UNITYBNK | 1.54 | 223 | 38,655,567 |
| GTCO | 38.2 | 321 | 33,872,842 |
| UBA | 20.75 | 331 | 19,721,606 |
| JAIZBANK | 1.62 | 128 | 19,046,160 |
| ZENITHBANK | 33.4 | 382 | 14,365,042 |
| ACCESSCORP | 17.25 | 230 | 12,605,567 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| MTNN | 238 | 245 | 2,808,918,845.50 |
| GTCO | 38.2 | 321 | 1,284,491,335.30 |
| STANBIC | 65 | 66 | 519,277,399.15 |
| ZENITHBANK | 33.4 | 382 | 479,838,214.60 |
| UBA | 20.75 | 331 | 407,354,696.65 |
| NESTLE | 1050 | 71 | 250,497,309.30 |
| ACCESSCORP | 17.25 | 230 | 217,535,024.45 |
OUTLOOK
The Equities market closed marginally at the end of today’s trading. We anticipate a mixed sentiment in the remaining days of the week as investors continue to rotate their portfolios towards stocks with attractive dividend yields.
