Trading activities in the Nigerian Equities Market closed positive today, Friday (23/02/2024) by 0.84% as the NGX-ASI increased to 102,088.07 from 101,239.10 recorded at the close of the previous trading day; indicating a YTD return of +36.53%.
The market performance for the week decreased by 3.44% to 102,008.07 from 105,722.78 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N464.47 billion to N55.861 trillion from N55.397 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N6.019 billion from N4.944 billion.
The market breadth was positive at 1.16X as 22 stocks advanced and 19 stocks declined, while 76 stocks remained unchanged. JULI topped the gainers’ list with +9.86%, while MORISON declined by -9.73% to lead the losers’ chart.
GTCO recorded the highest volume and highest value for the day.
Read: NGX Price List for Friday, 23rd February 2024
MARKET STATISTICS
| CAP | N55,861,212,043,371.20 | One Day (ASI CHG) | 0.84% |
| Index | 102,088.07 | One Week (ASI CHG) | -3.44% |
| Volume | 291,008,805 | One Month (ASI CHG) | 3.52% |
| Value | N6,019,228,329.12 | Six Months (ASI CHG) | 55.72% |
| Deals | 7,710 | 52 Weeks (ASI CHG) | 86.82% |
| Gainers | 22 | Losers | 19 |
| Unchanged | 76 | Total | 117 |
| YTD Returns | +36.53% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.84 |
| NGX30 | 0.89 |
| NGXBNK | 0.67 |
| NGXCNSMRGDS | 4.05 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.09 |
| NGXLOTUSISLM | 1.17 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Chnage |
| JULI | 2.13 | 2.34 | 0.21 | 9.86 |
| DAARCOMM | 0.72 | 0.79 | 0.07 | 9.72 |
| PZ | 24.60 | 26.50 | 1.90 | 7.72 |
| VERITASKAP | 0.71 | 0.76 | 0.05 | 7.04 |
| FBNH | 29.00 | 31.00 | 2.00 | 6.90 |
| WEMABANK | 7.80 | 8.30 | 0.50 | 6.41 |
| BUAFOODS | 357.50 | 379.90 | 22.40 | 6.27 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Chnage |
| MORISON | 1.85 | 1.67 | -0.18 | -9.73 |
| LIVESTOCK | 1.65 | 1.49 | -0.16 | -9.70 |
| GUINEAINS | 0.44 | 0.40 | -0.04 | -9.09 |
| OMATEK | 0.77 | 0.70 | -0.07 | -9.09 |
| REGALINS | 0.46 | 0.42 | -0.04 | -8.70 |
| RTBRISCOE | 0.54 | 0.50 | -0.04 | -7.41 |
| MBENEFIT | 0.69 | 0.64 | -0.05 | -7.25 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| GTCO | 39.05 | 395 | 53,044,379 |
| VERITASKAP | 0.76 | 91 | 25,809,191 |
| ZENITHBANK | 35.30 | 529 | 20,719,703 |
| ACCESSCORP | 20.95 | 496 | 20,265,119 |
| FBNH | 31.00 | 287 | 19,780,585 |
| UBA | 23.90 | 391 | 16,009,040 |
| TRANSCORP | 12.97 | 384 | 10,621,334 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.05 | 395 | 2,096,816,347.75 |
| ZENITHBANK | 35.30 | 529 | 739,151,186.15 |
| FBNH | 31.00 | 287 | 585,301,533.30 |
| ACCESSCORP | 20.95 | 496 | 425,443,149.00 |
| UBA | 23.90 | 391 | 381,622,760.05 |
| MTNN | 247.50 | 394 | 250,743,491.80 |
| NESTLE | 1100.00 | 37 | 215,664,799.00 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day reversing the previous days loss . We anticipate the local bourse will sustain mixed sentiment in the week ahead.
