Trading activities in the Nigerian Equities Market closed positive today, Thursday (09/11/2023) by 0.07% as the NGX-ASI increased to 70,819.58 from 70,773.31 recorded at the close of the previous trading day; indicating a YTD return of +38.18%.
Similarly, the market capitalization increased today by N26.00 billion to N38.911 trillion from N38.885 trillion recorded at the close of the previous trading day, while the market turnover increased to N16.79 billion from N9.79 billion.
The market breadth was negative at 0.96X as 25 stocks advanced and 26 stocks declined, while 66 stocks remained unchanged. UPDC topped the gainers’ list with +9.91%, while VFDGROUP declined by -10.00% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume, while STANBIC recorded the highest value for the day.
Read: NGX Price List for Thursday, 9th November 2023
MARKET STATISTICS
| CAP | N38,910,776,255,240.47 | One Day (ASI CHG) | +0.07% |
| Index | 70,819.49 | One Week (ASI CHG) | +1.11% |
| Volume | 569,194,836 | One Month (ASI CHG) | +5.73% |
| Value | N16,790,864,590.41 | Six Months (ASI CHG) | +35.63% |
| Deals | 6,169 | 52 Weeks (ASI CHG) | +62.89% |
| Gainers | 25 | Losers | 26 |
| Unchanged | 66 | Total | 117 |
| YTD Returns | +38.18% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.07 |
| NGX30 | 0.09 |
| NGXBNK | 0.21 |
| NGXCNSMRGDS | -0.06 |
| NGXINDUSTR | -0.02 |
| NGXINS | -1.05 |
| NGXLOTUSISLM | -0.06 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UPDC | 1.11 | 1.22 | 0.11 | 9.91 |
| SCOA | 1.13 | 1.24 | 0.11 | 9.73 |
| JAPAULGOLD | 1.67 | 1.83 | 0.16 | 9.58 |
| UACN | 14.75 | 16 | 1.25 | 8.47 |
| RTBRISCOE | 0.51 | 0.55 | 0.04 | 7.84 |
| ABCTRANS | 0.78 | 0.84 | 0.06 | 7.69 |
| DEAPCAP | 0.27 | 0.29 | 0.02 | 7.41 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| VFDGROUP | 205.00 | 184.50 | -20.50 | -10.00 |
| MULTIVERSE | 3.20 | 2.90 | -0.30 | -9.38 |
| REGALINS | 0.35 | 0.32 | -0.03 | -8.57 |
| DAARCOMM | 0.24 | 0.22 | -0.02 | -8.33 |
| CHAMS | 2.11 | 2.00 | -0.11 | -5.21 |
| AIICO | 0.77 | 0.73 | -0.04 | -5.19 |
| NGXGROUP | 23.80 | 22.80 | -1.00 | -4.20 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAPAULGOLD | 1.83 | 174 | 113,964,353 |
| STANBIC | 69.95 | 84 | 96,917,619 |
| UBA | 20.80 | 534 | 75,218,006 |
| FBNH | 20.00 | 242 | 42,644,972 |
| FIDELITYBK | 9.50 | 250 | 34,700,432 |
| UNIVINSURE | 0.25 | 22 | 25,098,552 |
| ZENITHBANK | 33.05 | 402 | 20,531,316 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| STANBIC | 69.95 | 84 | 6,777,998,776.75 |
| AIRTELAFRI | 1790.00 | 46 | 3,158,965,133.70 |
| UBA | 20.80 | 534 | 1,548,238,167.15 |
| NESTLE | 1050.00 | 40 | 1,052,615,008.50 |
| FBNH | 20.00 | 242 | 849,768,579.15 |
| ZENITHBANK | 33.05 | 402 | 682,219,089.30 |
| GTCO | 35.90 | 307 | 522,876,756.95 |
OUTLOOK
The Nigerian Equities market sustains its rally drive after recording yet another impressive performance as the ASI value out performs its previous values to record yet another all time high record based on strong positive sentiment as shown by Investors. This sentiment is expected to continue in the face of improved investment policies by the various regulatory bodies and the government.
