Trading activities in the Nigerian Equities Market closed positive today, Monday (12/02/2024) by 0.18% as the NGX-ASI increased to 102,042.32 from 101,858.37 recorded at the close of the previous trading day; indicating a YTD return of +36.47%.
Similarly, the market capitalization increased today by N100.66 Billion to N55.836 trillion from N55.735 trillion recorded at the close of the previous trading day, While, the market turnover decreased to N5.125 billion from N7.354 billion.
The market breadth was negative at 1.35X as 31 stocks advanced and 23 stocks declined, while 66 stocks remained unchanged. NCR topped the gainers’ list with +10.00%, while INFINITY declined by 9.90% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Monday, 12th February 2024
MARKET STATISTICS
| CAP | N55,836,050,349,136.86 | One Day (ASI CHG) | 0.18% |
| Index | 102,042.32 | One Week (ASI CHG) | -1.56% |
| Volume | 242,432,630 | One Month (ASI CHG) | 22.88% |
| Value | N5,125,359,811.28 | Six Months (ASI CHG) | 56.90% |
| Deals | 8,715 | 52 Weeks (ASI CHG) | 87.70% |
| Gainers | 31 | Losers | 23 |
| Unchanged | 66 | Total | 120 |
| YTD Returns | +36.47% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.18 |
| NGX30 | 0.16 |
| NGXBNK | -0.88 |
| NGXCNSMRGDS | 0.60 |
| NGXINDUSTR | -0.07 |
| NGXINS | 2.30 |
| NGXLOTUSISLM | 0.25 |
| NGXOILGAS | 0.15 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| NCR | 4.00 | 4.40 | 0.40 | 10.00 |
| CHAMS | 2.50 | 2.75 | 0.25 | 10.00 |
| ROYALEX | 0.70 | 0.77 | 0.07 | 10.00 |
| SUNUASSUR | 1.79 | 1.96 | 0.17 | 9.50 |
| UPDC | 1.62 | 1.77 | 0.15 | 9.26 |
| CORNERST | 2.23 | 2.43 | 0.20 | 8.97 |
| VERITASKAP | 0.67 | 0.73 | 0.06 | 8.96 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change | % Change |
| INFINITY | 7.98 | 7.19 | -0.79 | -9.90 |
| JOHNHOLT | 2.43 | 2.19 | -0.24 | -9.88 |
| PZ | 30.90 | 27.85 | -3.05 | -9.87 |
| MAYBAKER | 7.04 | 6.35 | -0.69 | -9.80 |
| DEAPCAP | 0.70 | 0.65 | -0.05 | -7.14 |
| ABCTRANS | 0.88 | 0.82 | -0.06 | -6.82 |
| ACCESSCORP | 24.75 | 23.20 | -1.55 | -6.26 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 23.20 | 662 | 24,898,914 |
| VERITASKAP | 0.73 | 109 | 24,182,147 |
| GTCO | 39.85 | 336 | 21,172,663 |
| FBNH | 25.50 | 230 | 17,238,940 |
| TRANSCORP | 13.20 | 480 | 17,082,731 |
| UNIVINSURE | 0.38 | 78 | 12,566,463 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.85 | 336 | 841,254,884.05 |
| GEREGU | 721.50 | 368 | 802,713,269.20 |
| ACCESSCORP | 23.20 | 662 | 575,101,387.80 |
| FBNH | 25.50 | 230 | 439,389,891.95 |
| MTNN | 275.00 | 435 | 332,127,569.10 |
| ZENITHBANK | 36.90 | 461 | 316,772,248.70 |
| TRANSCORP | 13.20 | 480 | 229,224,738.41 |
OUTLOOK
The Equities market closed today in green to begin the trading week. We expect the market performance to continue to move towards the positive direction throughout the remaining days of the week also, Investors are expected to continue to cherry-pick stocks with strong fundamentals.
