Trading activities in the Nigerian Equities Market closed positive today, Thursday (30/11/2023) by 0.11% as the NGX-ASI increased to 71,365.25 from 71,284.56 recorded at the close of the previous trading day; indicating a YTD return of +39.25%.
Similarly, the market capitalization increased today by N44 billion to N39.052 trillion from N39.008 trillion recorded at the close of the previous trading day, while the market turnover increased to N10.24 billion from N6.61 billion.
The market breadth was negative at 0.77X as 24 stocks advanced and 31 stocks declined, while 56 stocks remained unchanged. NNFM topped the gainers’ list with +10.00%, while NSLTECH declined by -9.72% to lead the losers’ chart.
GTCO recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 30th November 2023
MARKET STATISTICS
| CAP | N39,051,940,619,659.64 | One Day (ASI CHG) | +0.11% |
| Index | 71,365.25 | One Week (ASI CHG) | +0.44% |
| Volume | 540,085,654 | One Month (ASI CHG) | +3.08% |
| Value | N10,243,207,509.41 | Six Months (ASI CHG) | +27.84% |
| Deals | 6,516 | 52 Weeks (ASI CHG) | +49.74% |
| Gainers | 24 | Losers | 31 |
| Unchanged | 56 | Total | 111 |
| YTD Returns | +39.25% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.11 |
| NGX30 | +0.18 |
| NGXBNK | -0.41 |
| NGXCNSMRGDS | -0.32 |
| NGXINDUSTR | +0.07 |
| NGXINS | -0.83 |
| NGXLOTUSISLM | +0.16 |
| NGXOILGAS | -0.14 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NNFM | 32.00 | 35.20 | 3.20 | 10.00 |
| THOMASWY | 2.08 | 2.28 | 0.20 | 9.62 |
| CHAMPION | 3.25 | 3.50 | 0.25 | 7.69 |
| ETI | 16.00 | 17.00 | 1.00 | 6.25 |
| UPDCREIT | 3.90 | 4.10 | 0.20 | 5.13 |
| CUTIX | 2.25 | 2.34 | 0.09 | 4.00 |
| OANDO | 11.25 | 11.70 | 0.45 | 4.00 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NSLTECH | 0.72 | 0.65 | -0.07 | -9.72 |
| UNITYBNK | 1.55 | 1.40 | -0.15 | -9.68 |
| TANTALIZER | 0.53 | 0.48 | -0.05 | -9.43 |
| DAARCOMM | 0.32 | 0.29 | -0.03 | -9.38 |
| DEAPCAP | 0.65 | 0.59 | -0.06 | -9.23 |
| WAPIC | 0.71 | 0.65 | -0.06 | -8.45 |
| REGALINS | 0.38 | 0.35 | -0.03 | -7.89 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| GTCO | 39.00 | 282 | 67,229,687 |
| UNIVINSURE | 0.25 | 89 | 56,746,950 |
| CONHALLPLC | 1.30 | 188 | 46,100,378 |
| TRANSCORP | 6.98 | 333 | 42,756,349 |
| FBNH | 22.05 | 213 | 36,028,191 |
| JAIZBANK | 1.55 | 184 | 34,734,111 |
| UNITYBNK | 1.40 | 139 | 28,678,943 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.00 | 282 | 2,603,160,644.70 |
| AIRTELAFRI | 1800.00 | 11 | 1,440,216,079.20 |
| MTNN | 238.00 | 175 | 1,294,454,464.30 |
| SEPLAT | 2310.10 | 72 | 789,617,884.10 |
| FBNH | 22.05 | 213 | 787,474,480.45 |
| ZENITHBANK | 34.05 | 347 | 556,348,574.45 |
| ACCESSCORP | 18.00 | 335 | 417,978,052.45 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day on strong investors sentiment in buying into fundamentally sound stocks on the floor of the exchange. We expect positive performance on the local bourse to continue as trading ushers in December.

