Trading activities in the Nigerian Equities Market closed positive today, Wednesday (18/10/2023) by 0.04% as the NGX-ASI increased to 67,353.23 from 67,326.12 recorded at the close of the previous trading day; indicating a YTD return of +31.42%.
Similarly, the market capitalization increased today by N15.28 billion to N37,004 trillion from N36,988 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.69 billion from N5.17 billion.
The market breadth was positive at 1.06X as 19 stocks advanced and 18 stocks declined, while 78 stocks remained unchanged. GUINEAINS topped the gainers’ list with +9.09%, while CWG declined by -10.00% to lead the losers’ chart.
WEMABANK recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 18th October 2023
MARKET STATISTICS
| CAP | N37,004,116,772,404.06 | One Day (ASI CHG) | 0.04% |
| Index | 67,353.23 | One Week (ASI CHG) | 0.38% |
| Volume | 397,560,768 | One Month (ASI CHG) | -1.44% |
| Value | N4,699,318,833.25 | Six Months (ASI CHG) | +31.15% |
| Deals | 6,165 | 52 Weeks (ASI CHG) | +48.47% |
| Gainers | 19 | Losers | 18 |
| Unchanged | 78 | Total | 115 |
| YTD Returns | +31.42% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | %Change |
| ASI | 0.04 |
| NGX30 | 0.05 |
| NGXBNK | 0.74 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | -0.06 |
| NGXINS | 0.27 |
| NGXLOTUSISLM | -0.02 |
| NGXOILGAS | 0.22 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| GUINEAINS | 0.22 | 0.24 | 0.02 | 9.09 |
| ETERNA | 13.85 | 14.80 | 0.95 | 6.86 |
| UNITYBNK | 0.91 | 0.96 | 0.05 | 5.49 |
| JAIZBANK | 1.52 | 1.60 | 0.08 | 5.26 |
| OMATEK | 0.44 | 0.46 | 0.02 | 4.55 |
| VERITASKAP | 0.24 | 0.25 | 0.01 | 4.17 |
| TANTALIZER | 0.29 | 0.30 | 0.01 | 3.45 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CWG | 9.50 | 8.55 | -0.95 | -10.00 |
| RTBRISCOE | 0.57 | 0.52 | -0.05 | -8.77 |
| AFRIPRUD | 7.00 | 6.50 | -0.50 | -7.14 |
| FTNCOCOA | 1.75 | 1.64 | -0.11 | -6.29 |
| NEIMETH | 1.65 | 1.55 | -0.10 | -6.06 |
| UPDC | 1.32 | 1.25 | -0.07 | -5.30 |
| UNIVINSURE | 0.24 | 0.23 | -0.01 | -4.17 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| WEMABANK | 4.73 | 65 | 88,986,163 |
| ACCESSCORP | 16.75 | 429 | 35,606,561 |
| UBA | 18.8 | 470 | 35,171,437 |
| FIDELITYBK | 8.5 | 222 | 33,405,831 |
| GTCO | 35.45 | 361 | 23,421,263 |
| UNIVINSURE | 0.23 | 37 | 19,595,971 |
| TRANSCORP | 6.2 | 245 | 16,267,662 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 35.45 | 361 | 828,481,294.25 |
| UBA | 18.80 | 470 | 659,134,051.15 |
| ACCESSCORP | 16.75 | 429 | 598,485,385.30 |
| WEMABANK | 4.73 | 65 | 418,147,139.94 |
| FIDELITYBK | 8.50 | 222 | 279,512,821.30 |
| ZENITHBANK | 33.40 | 283 | 277,681,425.95 |
| DANGSUGAR | 65.00 | 297 | 258,103,585.65 |
OUTLOOK
The Nigerian Equities market gains marginally to close today’s trading, as investors’ confidence in the market continues to sway the market on a positive path. However, we expect a mixed sentiment for the remaining days of the week.
