Trading activities in the Nigerian Equities Market closed positive today, Thursday (25/01/2024) by 0.57% as the NGX-ASI increased to 102,149.93 from 101,571.11 recorded at the close of the previous trading day; indicating a YTD return of +36.61%.
Similarly, the market capitalization increased today by N316.75 billion to N55.900 trillion from N55.583 trillion recorded at the close of the previous trading day, also, the market turnover increased to N10.302 billion from N8.036 billion.
The market breadth was positive at 1.19X as 32 stocks advanced and 27 stocks declined, while 61 stocks remained unchanged. SEPLAT topped the gainers’ list with +10.00%, while IKEJAHOTEL declined by -9.91% to lead the losers’ chart.
UBA recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 25th January 2024
MARKET STATISTICS
| CAP | N55,900,494,203,189.01 | One Day (ASI CHG) | +0.57% |
| Index | 102,149.93 | One Week (ASI CHG) | +11.16% |
| Volume | 504,194,662 | One Month (ASI CHG) | +38.47% |
| Value | N10,302,034,622.70 | Six Months (ASI CHG) | +55.99% |
| Deals | 12,235 | 52 Weeks (ASI CHG) | +94.20% |
| Gainers | 32 | Losers | 27 |
| Unchanged | 61 | Total | 120 |
| YTD Returns | +36.61% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.57 |
| NGX30 | 0.57 |
| NGXBNK | 1.39 |
| NGXCNSMRGDS | 0.08 |
| NGXINDUSTR | -0.11 |
| NGXINS | 1.95 |
| NGXLOTUSISLM | -0.14 |
| NGXOILGAS | 4.91 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SEPLAT | 2795.10 | 3074.60 | 279.50 | 10.00 |
| UNIVINSURE | 0.40 | 0.44 | 0.04 | 10.00 |
| AIICO | 1.22 | 1.34 | 0.12 | 9.84 |
| JAPAULGOLD | 2.55 | 2.80 | 0.25 | 9.80 |
| MAYBAKER | 6.65 | 7.30 | 0.65 | 9.77 |
| NEM | 7.20 | 7.90 | 0.70 | 9.72 |
| CHAMS | 2.48 | 2.72 | 0.24 | 9.68 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| IKEJAHOTEL | 7.97 | 7.18 | -0.79 | -9.91 |
| HONYFLOUR | 4.95 | 4.47 | -0.48 | -9.70 |
| LINKASSURE | 1.31 | 1.20 | -0.11 | -8.40 |
| UPDCREIT | 6.20 | 5.70 | -0.50 | -8.06 |
| CORNERST | 1.70 | 1.58 | -0.12 | -7.06 |
| CUTIX | 2.96 | 2.80 | -0.16 | -5.41 |
| NGXGROUP | 25.50 | 24.15 | -1.35 | -5.29 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 30.30 | 644 | 74,875,866 |
| TRANSCORP | 17.00 | 787 | 34,186,326 |
| STERLINGNG | 6.35 | 316 | 33,069,311 |
| JAPAULGOLD | 2.80 | 220 | 31,934,699 |
| ACCESSCORP | 28.50 | 607 | 27,499,164 |
| GTCO | 43.80 | 485 | 22,198,910 |
| UNIVINSURE | 0.44 | 112 | 18,651,303 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 30.30 | 644 | 2,248,446,097.00 |
| GTCO | 43.80 | 485 | 957,620,453.80 |
| SEPLAT | 3074.60 | 24 | 820,644,025.70 |
| ACCESSCORP | 28.50 | 607 | 788,678,001.40 |
| ZENITHBANK | 42.85 | 490 | 639,236,408.85 |
| TRANSCORP | 17.00 | 787 | 581,076,400.08 |
| DANGSUGAR | 80.00 | 475 | 502,958,988.85 |
OUTLOOK
The Equities market closed today’s trading with positive sentiment, as investors continue to focus on maximizing returns. We expect the local bourse to sustain its positive momentum this week, driven by investors bargain hunting.
