Trading activities in the Nigerian Equities Market closed positive today, Monday (15/01/2024) by 1.92% as the NGX-ASI increased to 84,640.89 from 83,042.96 recorded at the close of the previous trading day; indicating a YTD return of +13.20%.
Similarly, the market capitalization increased today by N874.42 trillion to N46.317 trillion from N45.442 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N11.031 billion from N9.098 billion.
The market breadth was positive at 8.25X as 66 stocks advanced and 8 stocks declined, while 48 stocks remained unchanged. PZ topped the gainers’ list with +10.00%, while ABBEYBDS declined by -9.52% to lead the losers’ chart.
TRANSCORP recorded the highest volume while NASCON recorded the highest value for the day.
Read: NGX Price List for Monday, 15th January 2024
MARKET STATISTICS
| CAP | N46,316,910,420,881.90 | One Day (ASI CHG) | +1.92% |
| Index | 84,640.89 | One Week (ASI CHG) | +5.37% |
| Volume | 807507858 | One Month (ASI CHG) | +16.92% |
| Value | N11,031,432,435.84 | Six Months (ASI CHG) | +34.47% |
| Deals | 13,647 | 52 Weeks (ASI CHG) | +61.69% |
| Gainers | 66 | Losers | 8 |
| Unchanged | 48 | Total | 122 |
| YTD Returns | +13.20% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.92 |
| NGX30 | 1.85 |
| NGXBNK | 1.30 |
| NGXCNSMRGDS | 1.78 |
| NGXINDUSTR | 4.40 |
| NGXINS | 7.23 |
| NGXLOTUSISLM | 2.23 |
| NGXOILGAS | 0.08 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| PZ | 29.50 | 32.45 | 2.95 | 10.00 |
| MANSARD | 5.90 | 6.49 | 0.59 | 10.00 |
| CHAMS | 2.30 | 2.53 | 0.23 | 10.00 |
| DAARCOMM | 0.90 | 0.99 | 0.09 | 10.00 |
| SOVRENINS | 0.60 | 0.66 | 0.06 | 10.00 |
| TANTALIZER | 0.50 | 0.55 | 0.05 | 10.00 |
| CADBURY | 24.05 | 26.45 | 2.40 | 9.98 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| ABBEYBDS | 2.73 | 2.47 | -0.26 | -9.52 |
| JBERGER | 56.50 | 54.50 | -2.00 | -3.54 |
| CUSTODIAN | 10.15 | 9.80 | -0.35 | -3.45 |
| AFRIPRUD | 9.00 | 8.75 | -0.25 | -2.78 |
| FBNH | 28.00 | 27.50 | -0.50 | -1.79 |
| CHAMPION | 3.95 | 3.90 | -0.05 | -1.27 |
| ABCTRANS | 0.95 | 0.94 | -0.01 | -1.05 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 14.50 | 819 | 66,894,703 |
| AIICO | 1.28 | 348 | 62,292,620 |
| WEMABANK | 9.64 | 328 | 41,573,349 |
| JAIZBANK | 3.32 | 332 | 39,193,819 |
| FCMB | 11.40 | 341 | 38,149,516 |
| JAPAULGOLD | 2.24 | 245 | 37,930,913 |
| STERLINGNG | 6.90 | 364 | 36,461,650 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| NASCON | 65.00 | 328 | 1,091,241,309.70 |
| ZENITHBANK | 44.55 | 539 | 1,088,877,074.50 |
| TRANSCORP | 14.50 | 819 | 956,006,640.71 |
| UBA | 31.45 | 627 | 857,262,089.70 |
| MTNN | 283.00 | 419 | 791,554,940.50 |
| ACCESSCORP | 28.60 | 525 | 658,744,042.60 |
| DANGSUGAR | 74.00 | 305 | 440,333,013.45 |
OUTLOOK
The Equities market closed in green at the close of today’s trading. We expect market performance to be dominated by the bulls in the remaining days of the week as investors await 2023FY earnings releases and dividends declarations
