Trading activities in the Nigerian Equities Market closed positive today, Thursday (15/02/2024) by 0.58% as the NGX-ASI increased to 104,100.00 from 103,498.28 recorded at the close of the previous trading day; indicating a YTD return of +39.22%.
Similarly, the market capitalization increased today by N329.25 billion to N56.961 trillion from N56.632 trillion recorded at the close of the previous trading day, While, the market turnover decreased to N6.913 billion from N12.106 billion.
The market breadth was negative at 0.92X as 24 stocks advanced and 26 stocks declined, while 71 stocks remained unchanged. UPL topped the gainers’ list with +9.96%, while UNILEVER declined by -9.80% to lead the losers’ chart.
GTCO recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 15th February 2024
MARKET STATISTICS
| CAP | N56,961,984,588,833.05 | One Day (ASI CHG) | 0.58% |
| Index | 104,100 | One Week (ASI CHG) | 2.84% |
| Volume | 284,489,050 | One Month (ASI CHG) | 22.99% |
| Value | N6,913,784,181.50 | Six Months (ASI CHG) | 61.52% |
| Deals | 8,168 | 52 Weeks (ASI CHG) | 90.98% |
| Gainers | 24 | Losers | 26 |
| Unchanged | 71 | Total | 121 |
| YTD Returns | +39.22% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.58 |
| NGX30 | 0.60 |
| NGXBNK | -1.32 |
| NGXCNSMRGDS | 0.22 |
| NGXINDUSTR | 1.95 |
| NGXINS | 0.18 |
| NGXLOTUSISLM | 0.73 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UPL | 2.61 | 2.87 | 0.26 | 9.96 |
| JULI | 1.22 | 1.34 | 0.12 | 9.84 |
| MBENEFIT | 0.64 | 0.70 | 0.06 | 9.38 |
| DAARCOMM | 0.68 | 0.74 | 0.06 | 8.82 |
| HONYFLOUR | 4.00 | 4.30 | 0.30 | 7.50 |
| GEREGU | 770.00 | 819.80 | 49.80 | 6.47 |
| BUACEMENT | 150.00 | 158.80 | 8.80 | 5.87 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UNILEVER | 17.85 | 16.10 | -1.75 | -9.80 |
| JBERGER | 56.00 | 50.60 | -5.40 | -9.64 |
| MORISON | 3.02 | 2.73 | -0.29 | -9.60 |
| MAYBAKER | 6.90 | 6.45 | -0.45 | -6.52 |
| NASCON | 62.40 | 59.05 | -3.35 | -5.37 |
| DANGSUGAR | 72.90 | 69.50 | -3.40 | -4.66 |
| FBNH | 27.20 | 26.00 | -1.20 | -4.41 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| GTCO | 39.05 | 326 | 56,605,408 |
| TRANSCORP | 12.30 | 543 | 33,174,309 |
| UBA | 24.75 | 346 | 18,375,592 |
| MBENEFIT | 0.70 | 48 | 16,764,707 |
| MANSARD | 6.05 | 68 | 12,512,960 |
| VERITASKAP | 0.76 | 84 | 11,246,457 |
| ACCESSCORP | 23.00 | 371 | 10,173,514 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.05 | 326 | 2,215,479,857.75 |
| GEREGU | 819.8 | 334 | 1,032,453,537.90 |
| UBA | 24.75 | 346 | 452,958,425.55 |
| TRANSCORP | 12.3 | 543 | 418,311,762.62 |
| MTNN | 275 | 298 | 309,718,129.70 |
| ZENITHBANK | 35.75 | 391 | 249,034,167.95 |
| ACCESSCORP | 23 | 371 | 235,612,105.10 |
OUTLOOK
Market’s sentiment remains in the green as the equities market continues to gain. Thus, as bargain hunting continues, we expect the market to close the week treading in the positive direction.
