Trading activities in the Nigerian Equities Market closed positive today, Tuesday (09/01/2024) by 3.57% as the NGX-ASI increased to 83,191.84 from 80,324.53 recorded at the close of the previous trading day; indicating a YTD return of +11.26%.
Similarly, the market capitalization increased today by N1,587.41 trillion to N45.524 trillion from N43.957 trillion recorded at the close of the previous trading day, While the market turnover decreased to N24.682 billion from N15.257 billion.
The market breadth was positive at 5.31X as 69 stocks advanced and 13 stocks declined, while 37 stocks remained unchanged. FBNH topped the gainers’ list with +10.00%, while TOTAL declined by -10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Tuesday, 9th January 2024
MARKET STATISTICS
| CAP | N45,523,969,383,229.77 | One Day (ASI CHG) | +3.57% |
| Index | 83,191.84 | One Week (ASI CHG) | +9.48% |
| Volume | 1,409,851,793 | One Month (ASI CHG) | +16.28% |
| Value | N24,681,504,006.26 | Six Months (ASI CHG) | +26.68% |
| Deals | 17,144 | 52 Weeks (ASI CHG) | +60.93% |
| Gainers | 69 | Losers | 13 |
| Unchanged | 37 | Total | 119 |
| YTD Returns | +11.26% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 3.56 |
| NGX30 | 3.55 |
| NGXBNK | 8.16 |
| NGXCNSMRGDS | 3.98 |
| NGXINDUSTR | 2.53 |
| NGXINS | 6.37 |
| NGXLOTUSISLM | 3.46 |
| NGXOILGAS | -2.35 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| FBNH | 26.00 | 28.60 | 2.60 | 10.00 |
| CADBURY | 16.50 | 18.15 | 1.65 | 10.00 |
| UNILEVER | 16.50 | 18.15 | 1.65 | 10.00 |
| FTNCOCOA | 2.00 | 2.20 | 0.20 | 10.00 |
| MBENEFIT | 0.70 | 0.77 | 0.07 | 10.00 |
| GUINEAINS | 0.40 | 0.44 | 0.04 | 10.00 |
| UNIVINSURE | 0.30 | 0.33 | 0.03 | 10.00 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| TOTAL | 385.00 | 346.50 | -38.50 | -10.00 |
| DAARCOMM | 1.17 | 1.06 | -0.11 | -9.40 |
| RTBRISCOE | 0.71 | 0.65 | -0.06 | -8.45 |
| SUNUASSUR | 1.30 | 1.20 | -0.10 | -7.69 |
| PRESTIGE | 0.54 | 0.50 | -0.04 | -7.41 |
| THOMASWY | 2.67 | 2.50 | -0.17 | -6.37 |
| CHAMPION | 4.00 | 3.80 | -0.20 | -5.00 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FIDELITYBK | 13.95 | 989 | 141,748,828 |
| FCMB | 11.70 | 574 | 128,974,439 |
| UBA | 32.60 | 1196 | 117,712,666 |
| TRANSCORP | 14.29 | 1328 | 108,340,483 |
| ACCESSCORP | 29.70 | 948 | 85,207,686 |
| STERLINGNG | 6.97 | 393 | 63,892,761 |
| VERITASKAP | 0.41 | 114 | 48,968,207 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 32.60 | 1196 | 3,778,531,932.95 |
| ACCESSCORP | 29.70 | 948 | 2,525,470,734.45 |
| GTCO | 48.20 | 587 | 2,144,432,463.35 |
| ZENITHBANK | 47.35 | 711 | 2,122,372,543.00 |
| FIDELITYBK | 13.95 | 989 | 1,965,330,591.15 |
| TRANSCORP | 14.29 | 1328 | 1,575,775,911.74 |
| FCMB | 11.70 | 574 | 1,485,360,659.80 |
OUTLOOK
The Equities market closed positive on its 2nd consecutive day of the week. This movement could be attributed to an increased buying interest observed in stocks. We therefore expect this trend to continue throughout the remaining days of the week.
