Trading activities in the Nigerian Equities Market closed positive today, Monday (22/01/2024) by 1.30% as the NGX-ASI increased to 95,768.12 from 94,538.12 recorded at the close of the previous trading day; indicating a YTD return of +26.03%.
Similarly, the market capitalization increased today by N673.11 billion to N52.408 trillion from N51.735 trillion recorded at the close of the previous trading day, While, the market turnover decreased to N14.408 billion from N15.045 billion.
The market breadth was positive at 0.53X as 24 stocks advanced and 45 stocks declined, while 52 stocks remained unchanged. SUNUASSUR topped the gainers’ list with +10.00%, while SOVRENINS declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume while NESTLE recorded the highest value for the day.
Read: NGX Price List for Monday, 22nd January 2024
MARKET STATISTICS
| CAP | N52,408,111,392,027.56 | One Day (ASI CHG) | +1.30% |
| Index | 95,768.12 | One Week (ASI CHG) | +13.15% |
| Volume | 721,813,844 | One Month (ASI CHG) | +29.38% |
| Value | N14,407,680,743.98 | Six Months (ASI CHG) | +46.73% |
| Deals | 15,757 | 52 Weeks (ASI CHG) | +81.87% |
| Gainers | 24 | Losers | 45 |
| Unchanged | 52 | Total | 121 |
| YTD Returns | +26.03% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.30 |
| NGX30 | 1.36 |
| NGXBNK | -0.90 |
| NGXCNSMRGDS | -1.48 |
| NGXINDUSTR | 5.15 |
| NGXINS | -2.53 |
| NGXLOTUSISLM | 1.08 |
| NGXOILGAS | 0.55 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SUNUASSUR | 1.80 | 1.98 | 0.18 | 10.00 |
| DANGCEM | 538.80 | 592.60 | 53.80 | 9.99 |
| TRIPPLEG | 2.14 | 2.35 | 0.21 | 9.81 |
| ETERNA | 22.95 | 25.20 | 2.25 | 9.80 |
| CUTIX | 2.70 | 2.94 | 0.24 | 8.89 |
| UNILEVER | 20.10 | 21.70 | 1.60 | 7.96 |
| JOHNHOLT | 2.78 | 3.00 | 0.22 | 7.91 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| SOVRENINS | 0.60 | 0.54 | -0.06 | -10.00 |
| UPL | 4.00 | 3.60 | -0.40 | -10.00 |
| CADBURY | 29.00 | 26.10 | -2.90 | -10.00 |
| FLOURMILL | 47.00 | 42.30 | -4.70 | -10.00 |
| JAIZBANK | 3.45 | 3.11 | -0.34 | -9.86 |
| WEMABANK | 12.00 | 10.85 | -1.15 | -9.58 |
| WAPIC | 0.86 | 0.78 | -0.08 | -9.30 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 18.21 | 1114 | 66,520,666 |
| VERITASKAP | 0.70 | 175 | 47,003,786 |
| ACCESSCORP | 29.20 | 601 | 40,009,743 |
| UNIVINSURE | 0.48 | 184 | 38,875,775 |
| JAPAULGOLD | 2.54 | 338 | 32,823,640 |
| STERLINGNG | 6.97 | 300 | 30,658,752 |
| CONHALLPLC | 1.85 | 92 | 28,880,763 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| NESTLE | 1110.00 | 78 | 1,968,688,208.00 |
| MTNN | 290.00 | 482 | 1,763,928,267.40 |
| TRANSCORP | 18.21 | 1114 | 1,230,556,891.64 |
| DANGCEM | 592.60 | 548 | 1,195,603,361.80 |
| ACCESSCORP | 29.20 | 601 | 1,170,527,905.70 |
| ZENITHBANK | 44.00 | 532 | 1,133,125,415.85 |
| UBA | 30.95 | 639 | 864,783,070.85 |
OUTLOOK
Market sentiment remains in the green as the equities market gains continue, we expect positive sentiment to drive the market, as bargain hunting continues.
