Trading activities in the Nigerian Equities Market closed positive today, Friday (19/01/2024) by 2.87% as the NGX-ASI increased to 94,538.12 from 91,896.97 recorded at the close of the previous trading day; indicating a YTD return of +26.43%.
The market performance for the week increased by 13.84% to 94,538.12 from 83,042.96 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N1.445 trillion to N51.735 trillion from N50.290 trillion recorded at the close of the previous trading day, conversely the market turnover decreased to N15.045 billion from N19.293 billion.
The market breadth was positive at 0.97X as 34 stocks advanced and 35 stocks declined, while 47 stocks remained unchanged. SEPLAT topped the gainers’ list with +10.00%, while LASACO declined by -9.85% to lead the losers’ chart.
TRANSCORP recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Friday, 19th January 2024
MARKET STATISTICS
| CAP | N51,735,006,628,907.18 | One Day (ASI CHG) | +2.87% |
| Index | 94,538.12 | One Week (ASI CHG) | +13.84% |
| Volume | 844,485,223 | One Month (ASI CHG) | +27.26% |
| Value | N15,044,513,608.98 | Six Months (ASI CHG) | +45.44% |
| Deals | 15,255 | 52 Weeks (ASI CHG) | +79.64% |
| Gainers | 34 | Losers | 35 |
| Unchanged | 47 | Total | 116 |
| YTD Returns | +26.43% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 2.87 |
| NGX30 | 2.89 |
| NGXBNK | -0.46 |
| NGXCNSMRGDS | 0.41 |
| NGXINDUSTR | 9.34 |
| NGXINS | -0.13 |
| NGXLOTUSISLM | 1.88 |
| NGXOILGAS | 5.30 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SEPLAT | 2310.00 | 2541.00 | 231.00 | 10.00 |
| BUACEMENT | 135.00 | 148.50 | 13.50 | 10.00 |
| MAYBAKER | 7.51 | 8.26 | 0.75 | 9.99 |
| DANGCEM | 489.90 | 538.80 | 48.90 | 9.98 |
| HONYFLOUR | 5.32 | 5.85 | 0.53 | 9.96 |
| JOHNHOLT | 2.53 | 2.78 | 0.25 | 9.88 |
| ETERNA | 20.90 | 22.95 | 2.05 | 9.81 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| LASACO | 2.74 | 2.47 | -0.27 | -9.85 |
| CILEASING | 4.38 | 3.95 | -0.43 | -9.82 |
| MBENEFIT | 0.85 | 0.77 | -0.08 | -9.41 |
| NAHCO | 37.30 | 33.80 | -3.50 | -9.38 |
| PZ | 39.20 | 35.55 | -3.65 | -9.31 |
| SOVRENINS | 0.66 | 0.60 | -0.06 | -9.09 |
| OMATEK | 1.02 | 0.93 | -0.09 | -8.82 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 18.65 | 1410 | 80,317,529 |
| VERITASKAP | 0.77 | 317 | 80,072,817 |
| FIDELITYBK | 13.00 | 333 | 60,545,003 |
| JAIZBANK | 3.45 | 507 | 36,322,620 |
| UBA | 31.00 | 663 | 34,858,003 |
| ZENITHBANK | 45.00 | 471 | 34,762,788 |
| UNITYBNK | 3.50 | 279 | 33,550,842 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ZENITHBANK | 45.00 | 471 | 1,551,528,115.20 |
| TRANSCORP | 18.65 | 1410 | 1,519,567,847.16 |
| UBA | 31.00 | 663 | 1,080,789,209.75 |
| WAPCO | 47.00 | 266 | 876,405,005.80 |
| BUACEMENT | 148.50 | 220 | 854,234,270.15 |
| NB | 40.00 | 164 | 804,624,702.60 |
| NASCON | 70.50 | 261 | 800,910,172.45 |
OUTLOOK
The Equities market closed for the week with an impressive run. This could be as a result of the improved buying interest observed in most stocks. We foresee that the market will continue to move towards this positive direction in the coming week.
