Trading activities in the Nigerian Equities Market closed positive today, Thursday (01/02/2024) by 1.63% as the NGX-ASI increased to 102,802.25 from 101,154.46 recorded at the close of the previous trading day; indicating a YTD return of +37.48%.
Similarly, the market capitalization increased today by 902 Billion to N56.259 trillion from N55.358 trillion recorded at the close of the previous trading day, While, the market turnover decreased to N12.155 billion from N22.201 billion.
The market breadth was positive at 3.06X as 52 stocks advanced and 17 stocks declined, while 48 stocks remained unchanged. GTCO topped the gainers’ list with +10.00%, while DEAPCAP declined by -9.88% to lead the losers’ chart.
UNIVINSURE recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Thursday, 1st February 2024
MARKET STATISTICS
| CAP | N56,259,764,383,676.75 | One Day (ASI CHG) | 1.63% |
| Index | 102,802.25 | One Week (ASI CHG) | 0.64% |
| Volume | 861,005,481 | One Month (ASI CHG) | 37.48% |
| Value | N12,155,197,379.77 | Six Months (ASI CHG) | 57.52% |
| Deals | 12,851 | 52 Weeks (ASI CHG) | 92.15% |
| Gainers | 52 | Losers | 17 |
| Unchanged | 48 | Total | 117 |
| YTD Returns | +37.48% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.63 |
| NGX30 | 1.63 |
| NGXBNK | 7.82 |
| NGXCNSMRGDS | 4.37 |
| NGXINDUSTR | 0.35 |
| NGXINS | 2.18 |
| NGXLOTUSISLM | 1.59 |
| NGXOILGAS | 0.02 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| GTCO | 37.00 | 40.70 | 3.70 | 10.00 |
| CHAMS | 2.40 | 2.64 | 0.24 | 10.00 |
| CAVERTON | 1.70 | 1.87 | 0.17 | 10.00 |
| VERITASKAP | 0.60 | 0.66 | 0.06 | 10.00 |
| NASCON | 61.60 | 67.75 | 6.15 | 9.98 |
| ZENITHBANK | 35.10 | 38.60 | 3.50 | 9.97 |
| DANGSUGAR | 67.90 | 74.65 | 6.75 | 9.94 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| DEAPCAP | 0.81 | 0.73 | -0.08 | -9.88 |
| CWG | 7.60 | 6.85 | -0.75 | -9.87 |
| RTBRISCOE | 0.71 | 0.64 | -0.07 | -9.86 |
| UPL | 3.69 | 3.33 | -0.36 | -9.76 |
| SUNUASSUR | 1.83 | 1.66 | -0.17 | -9.29 |
| UNIVINSURE | 0.39 | 0.36 | -0.03 | -7.69 |
| UPDC | 1.80 | 1.67 | -0.13 | -7.22 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UNIVINSURE | 0.36 | 110 | 113,757,909 |
| TRANSCORP | 14.00 | 1201 | 91,015,741 |
| ZENITHBANK | 38.60 | 1045 | 74,316,882 |
| UBA | 26.80 | 802 | 69,177,904 |
| VERITASKAP | 0.66 | 160 | 58,739,432 |
| JAPAULGOLD | 2.88 | 352 | 46,170,408 |
| JAIZBANK | 2.82 | 347 | 32,764,526 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ZENITHBANK | 38.60 | 1045 | 2,760,855,843.25 |
| UBA | 26.80 | 802 | 1,717,134,688.40 |
| GTCO | 40.70 | 425 | 1,286,837,886.00 |
| TRANSCORP | 14.00 | 1201 | 1,155,607,149.41 |
| ACCESSCORP | 24.95 | 552 | 637,848,229.40 |
| MTNN | 275.00 | 417 | 492,146,646.50 |
| UCAP | 23.20 | 288 | 391,175,402.15 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day reversing the previous days loss . We anticipate the local bourse will sustain this positive sentiment in the last trading day of the week.
