Equities Market Rebounds With 0.30% Gain.

Trading activities in the Nigerian Equities Market closed positive today, Wednesday (21/02/2024) by 0.30% as the NGX-ASI increased to 101,362.38 from 101,060.67 recorded at the close of the previous trading day; indicating a YTD return of +35.56%.

Similarly, the market capitalization increased today by N165.08 billion to N55.464 trillion from N55.299 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N6.552 billion from N6.410 billion.

The market breadth was negative at 0.26X as 11 stocks advanced and 43 stocks declined, while 68 stocks remained unchanged. FBNH topped the gainers’ list with +9.96%, while OKOMUOIL declined by -10.00% to lead the losers’ chart.

FBNH recorded the highest volume and highest value for the day.

Read: NGX Price List for Wednesday, 21st February 2024

MARKET STATISTICS

CAPN55,463,996,366,396.07One Day (ASI CHG)0.30%
Index101,362.38One Week (ASI CHG)-2.06%
Volume302,739,517One Month (ASI CHG)7.22%
ValueN6,552,262,322.50Six Months (ASI CHG)54.77%
Deals8,61152 Weeks (ASI CHG)87.05%
Gainers11Losers43
Unchanged68Total122
YTD Returns+35.56%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.30
NGX300.32
NGXBNK0.31
NGXCNSMRGDS-0.24
NGXINDUSTR1.60
NGXINS-2.50
NGXLOTUSISLM-1.06
NGXOILGAS0.07

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change% Change
FBNH26.1028.702.609.96
JULI1.771.940.179.60
MBENEFIT0.640.700.069.37
REGALINS0.410.440.037.32
BUACEMENT142.95150.007.054.93
UPDCREIT5.355.550.203.74
GUINEAINS0.460.470.012.17

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change% Change
OKOMUOIL270.00243.00-27.00-10.00
MORISON2.272.05-0.22-9.69
STERLINGNG4.804.34-0.46-9.58
JAPAULGOLD2.572.33-0.24-9.34
CAVERTON1.851.68-0.17-9.19
OMATEK0.770.70-0.07-9.09
DAARCOMM0.880.80-0.08-9.09

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of TradesVolume 
FBNH28.7033939,378,249
JAPAULGOLD2.3324430,195,912
TRANSCORP12.9039327,362,164
VERITASKAP0.7011923,373,400
GTCO38.5533317,175,531
ZENITHBANK35.5046815,868,142
UBA24.0040014,906,734

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesValue(N)
FBNH28.703391,103,088,651.20
SEPLAT3370.0040763,299,995.30
GTCO38.55333667,210,523.45
ZENITHBANK35.50468568,154,268.10
GEREGU985.00197528,887,315.50
UBA24.00400358,345,832.95
TRANSCORP12.90393353,097,700.16

OUTLOOK

The Equities market rebounds from its previous recorded loss. We expect mixed sentiment in the remaining days of the week.

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