Equities Market Rebounds With 0.08% NGX-ASI Gain.

Trading activities in the Nigerian Equities Market closed positive today, Tuesday (21/11/2023) by 0.08% as the NGX-ASI increased to 71,066.55 from 71,008.70 recorded at the close of the previous trading day; indicating a YTD return of +38.66%.

Similarly, the market capitalization increased today by N31.81 billion to N39.082 trillion from N39.051 trillion recorded at the close of the previous trading day, while the market turnover decreased to N3.22 billion from N4.36 billion.

The market breadth was positive at 5.38X as 43 stocks advanced and 8 stocks declined, while 66 stocks remained unchanged. LEARNAFRCA topped the gainers’ list with +10.00%, while CHAMPION declined by -10.00% to lead the losers’ chart.

UNITYBNK recorded the highest volume, while VFDGROUP recorded the highest value for the day.

Read: NGX Price List for Tuesday, 21th November 2023

MARKET STATISTICS

CAPN39,082,420,262,298.40One Day (ASI CHG)+0.08%
Index71,066.55One Week (ASI CHG)+0.32%
Volume491,397,660One Month (ASI CHG)+5.73%
ValueN3,221,797,916.58Six Months (ASI CHG)+34.27%
Deals6,54952 Weeks (ASI CHG)+58.98%
Gainers43Losers8
Unchanged66Total117
YTD Returns+38.66%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.08
NGX300.06
NGXBNK0.46
NGXCNSMRGDS-0.04
NGXINDUSTR0.08
NGXINS2.13
NGXLOTUSISLM0.12
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
LEARNAFRCA2.803.080.2810.00
NNFM26.2528.852.609.90
CADBURY13.8015.151.359.78
MULTIVERSE3.994.380.399.77
VERITASKAP0.310.340.039.68
OMATEK0.951.040.099.47
UNITYBNK1.281.400.129.37

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change%Change
CHAMPION3.603.24-0.36-10.00
OANDO12.1011.65-0.45-3.72
INTBREW4.604.50-0.10-2.17
FCMB6.906.80-0.10-1.45
JAIZBANK1.621.60-0.02-1.23
ELLAHLAKES3.783.74-0.04-1.06
UACN18.0017.90-0.10-0.56

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of TradesVolume
UNITYBNK1.4037575,441,674
UNIVINSURE0.245561,434,633
MBENEFIT0.547646,642,953
JAPAULGOLD1.7122330,408,220
VERITASKAP0.342029,918,256
STERLINGNG3.678219,615,162
FIDELITYBK8.9014817,098,925

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesValue(N)
VFDGROUP202.9033481,813,145.10
UBA20.80333352,924,717.00
ZENITHBANK33.20315292,721,796.90
ACCESSCORP17.25251211,618,648.70
AIRTELAFRI1790.0035189,245,362.50
FIDELITYBK8.90148152,830,183.90
GTCO37.30190135,577,556.85

OUTLOOK

The Nigerian Equities market rebounds from the previous day’s loss. The trading performance further shows the belief of investors in the market and it is projected that the market sustains mixed sentiment throughout the remaining days of the week.

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