Trading activities in the Nigerian Equities Market closed positive today, Thursday (18/01/2024) by 2.04% as the NGX-ASI increased to 91,896.97 from 90,063.25 recorded at the close of the previous trading day; indicating a YTD return of +22.90%.
Similarly, the market capitalization increased today by N1.008 trillion to N50.289 trillion from N49.281 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N19.293 billion from N16.381 billion.
The market breadth was negative at 0.74X as 31 stocks advanced and 42 stocks declined, while 45 stocks remained unchanged. CONOIL topped the gainers’ list with +10.00%, while IKEJAHOTEL declined by -9.79% to lead the losers’ chart.
TRANSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 18th January 2024
MARKET STATISTICS
| CAP | N50,289,669,080,491.11 | One Day (ASI CHG) | +2.04% |
| Index | 91,896.97 | One Week (ASI CHG) | +11.26% |
| Volume | 1,140,376,336 | One Month (ASI CHG) | +25.20% |
| Value | N19,293,272,760.38 | Six Months (ASI CHG) | +43.74% |
| Deals | 17,804 | 52 Weeks (ASI CHG) | +74.66% |
| Gainers | 31 | Losers | 42 |
| Unchanged | 45 | Total | 118 |
| YTD Returns | +22.90% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 2.04 |
| NGX30 | 2.22 |
| NGXBNK | -1.89 |
| NGXCNSMRGDS | 0.87 |
| NGXINDUSTR | 7.83 |
| NGXINS | -2.11 |
| NGXLOTUSISLM | 2.53 |
| NGXOILGAS | 2.69 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CONOIL | 102.00 | 112.20 | 10.20 | 10.00 |
| ETERNA | 19.00 | 20.90 | 1.90 | 10.00 |
| NEM | 7.50 | 8.25 | 0.75 | 10.00 |
| UNITYBNK | 3.00 | 3.30 | 0.30 | 10.00 |
| JOHNHOLT | 2.30 | 2.53 | 0.23 | 10.00 |
| PZ | 35.65 | 39.20 | 3.55 | 9.96 |
| MAYBAKER | 6.83 | 7.51 | 0.68 | 9.96 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| IKEJAHOTEL | 8.99 | 8.11 | -0.88 | -9.79 |
| ROYALEX | 0.92 | 0.83 | -0.09 | -9.78 |
| MBENEFIT | 0.94 | 0.85 | -0.09 | -9.57 |
| LINKASSURE | 1.49 | 1.35 | -0.14 | -9.40 |
| JAPAULGOLD | 2.68 | 2.43 | -0.25 | -9.33 |
| NSLTECH | 0.79 | 0.72 | -0.07 | -8.86 |
| SOVRENINS | 0.72 | 0.66 | -0.06 | -8.33 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 19.20 | 1846 | 156,620,716 |
| UNIVINSURE | 0.52 | 374 | 114,548,986 |
| VERITASKAP | 0.75 | 274 | 69,413,395 |
| JAIZBANK | 3.50 | 708 | 65,865,111 |
| GTCO | 45.50 | 418 | 63,442,541 |
| JAPAULGOLD | 2.43 | 485 | 52,539,791 |
| ACCESSCORP | 29.50 | 587 | 42,831,246 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| TRANSCORP | 19.20 | 1846 | 2,960,518,597.31 |
| GTCO | 45.50 | 418 | 2,884,108,008.60 |
| ZENITHBANK | 44.30 | 596 | 1,626,132,300.20 |
| BUACEMENT | 135.00 | 137 | 1,510,647,520.20 |
| ACCESSCORP | 29.50 | 587 | 1,275,097,564.10 |
| UBA | 31.00 | 629 | 1,085,323,866.90 |
| NASCON | 67.20 | 281 | 875,205,828.50 |
OUTLOOK
The Equities market closed today’s trading day with positive sentiment, as investors continue to focus on maximizing returns, and a step toward ensuring sustainable profitability, we expect this trend to continue throughout the remaining days of the week.
