Trading activities in the Nigerian Equities Market closed positive today, Friday (24/11/2023) by 0.25% as the NGX-ASI increased to 71,230.48 from 71,052.85 recorded at the close of the previous trading day; indicating a YTD return of +38.98%.
The market performance for the week increased by 0.16% to 71,230.48 from 71,112.99 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N98.00 billion to N39.173 trillion from N39.075 trillion recorded at the close of the previous trading day, while the market turnover increased to N4.27 billion from N3.44 billion.
Today’s market breadth was positive at 1.55X as 31 stocks advanced and 20 stocks declined, while 65 stocks remained unchanged. NSLTECH topped the gainers’ list with +10.00%, while ABCTRANS declined by -9.68% to lead the losers’ chart.
VERITASKAP recorded the highest volume and ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Friday, 24th November 2023
MARKET STATISTICS
| CAP | N39,172,523,967,695.30 | One Day (ASI CHG) | +0.25% |
| Index | 71,230.48 | One Week (ASI CHG) | +0.17% |
| Volume | 582,766,478 | One Month (ASI CHG) | +5.99% |
| Value | N4,270,618,814.19 | Six Months (ASI CHG) | +34.46% |
| Deals | 6,874 | 52 Weeks (ASI CHG) | +52.84% |
| Gainers | 31 | Losers | 20 |
| Unchanged | 65 | Total | 116 |
| YTD Returns | +38.98% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.25 |
| NGX30 | +0.37 |
| NGXBNK | +1.62 |
| NGXCNSMRGDS | -0.16 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.62 |
| NGXLOTUSISLM | +0.02 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| NSLTECH | 0.50 | 0.55 | 0.05 | 10.00 |
| NEIMETH | 2.03 | 2.23 | 0.20 | 9.85 |
| MULTIVERSE | 5.29 | 5.81 | 0.52 | 9.83 |
| SUNUASSUR | 1.03 | 1.13 | 0.10 | 9.71 |
| GUINEAINS | 0.31 | 0.34 | 0.03 | 9.68 |
| DEAPCAP | 0.67 | 0.73 | 0.06 | 8.96 |
| UNITYBNK | 1.69 | 1.84 | 0.15 | 8.88 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| ABCTRANS | 0.93 | 0.84 | -0.09 | -9.68 |
| CILEASING | 5.68 | 5.17 | -0.51 | -8.98 |
| CHAMS | 2.33 | 2.15 | -0.18 | -7.73 |
| UPL | 2.60 | 2.40 | -0.20 | -7.69 |
| ROYALEX | 0.66 | 0.61 | -0.05 | -7.58 |
| VERITASKAP | 0.40 | 0.37 | -0.03 | -7.50 |
| WAPIC | 0.80 | 0.74 | -0.06 | -7.50 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| VERITASKAP | 0.37 | 261 | 107,052,464 |
| UNIVINSURE | 0.28 | 58 | 69,115,667 |
| UNITYBNK | 1.84 | 292 | 44,924,670 |
| UBA | 20.85 | 340 | 32,070,087 |
| JAIZBANK | 1.64 | 153 | 28,214,536 |
| TRANSCORP | 6.45 | 292 | 27,510,103 |
| ZENITHBANK | 34.7 | 371 | 22,579,369 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value(N) |
| ZENITHBANK | 34.70 | 371 | 773,814,962.40 |
| UBA | 20.85 | 340 | 667,586,880.85 |
| MTNN | 238.00 | 233 | 410,389,346.80 |
| PRESCO | 189.90 | 39 | 279,728,682.20 |
| FBNH | 20.00 | 177 | 275,849,392.05 |
| ACCESSCORP | 17.35 | 277 | 213,217,374.90 |
| UCAP | 17.40 | 115 | 193,102,244.65 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day and the week. Investors sentiments sustain the market impressive run so far witnessed in the month as investors continue to show confidence in the market. We project a positive entrance in equities trading into the last week of the month.
