Trading activities in the Nigerian Equities Market closed negative today, Friday (1/03/2024) by -1.23% as the NGX-ASI decreased to 98,751.98 from 99,980.30 recorded at the close of the previous trading day; indicating a YTD return of +32.07%.
The market performance for the week decreased by -3.27% to 98,751.98 from 102,088.07 recorded at the beginning of the week.
Similarly, the market capitalization decreased today by N672.11 Billion to N54.035 trillion from N54.707 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N6.783 billion from N8.697 billion.
The market breadth was positive at 5.75X as 46 stocks advanced and 8 stocks declined, while 65 stocks remained unchanged. FTNCOCOA topped the gainers’ list with +10.00%, while BUACEMENT declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Friday, 1st March 2024
MARKET STATISTICS
| CAP | N54,035,337,789,848.56 | One Day (ASI CHG) | -1.23% |
| Index | 98,751.98 | One Week (ASI CHG) | -3.27% |
| Volume | 367,620,307 | One Month (ASI CHG) | -3.94% |
| Value | N6,782,537,627.31 | Six Months (ASI CHG) | 46.24% |
| Deals | 9,168 | 52 Weeks (ASI CHG) | 77.39% |
| Gainers | 46 | Losers | 8 |
| Unchanged | 65 | Total | 119 |
| YTD Returns | +32.07% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.23 |
| NGX30 | -1.20 |
| NGXBNK | 2.59 |
| NGXCNSMRGDS | 0.38 |
| NGXINDUSTR | -3.44 |
| NGXINS | 1.12 |
| NGXLOTUSISLM | -1.07 |
| NGXOILGAS | -0.85 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| FTNCOCOA | 1.50 | 1.65 | 0.15 | 10.00 |
| JULI | 3.41 | 3.75 | 0.34 | 9.97 |
| CHAMPION | 3.42 | 3.76 | 0.34 | 9.94 |
| PZ | 30.70 | 33.75 | 3.05 | 9.93 |
| TRANSCORP | 12.99 | 14.28 | 1.29 | 9.93 |
| STERLINGNG | 4.55 | 5.00 | 0.45 | 9.89 |
| UPDC | 1.32 | 1.45 | 0.13 | 9.85 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| BUACEMENT | 150.00 | 135.00 | -15.00 | -10.00 |
| CONOIL | 101.00 | 90.90 | -10.10 | -10.00 |
| MTNN | 222.90 | 200.70 | -22.20 | -9.96 |
| THOMASWY | 2.25 | 2.03 | -0.22 | -9.78 |
| SOVRENINS | 0.46 | 0.43 | -0.03 | -6.52 |
| CORNERST | 2.10 | 2.00 | -0.10 | -4.76 |
| NASCON | 60.90 | 58.50 | -2.40 | -3.94 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 14.28 | 690 | 56,998,255 |
| ACCESSCORP | 21.05 | 578 | 31,768,908 |
| UBA | 23.00 | 676 | 28,503,307 |
| FIDELITYBK | 10.00 | 369 | 28,073,817 |
| FCMB | 8.00 | 275 | 27,915,589 |
| ZENITHBANK | 35.50 | 562 | 25,574,477 |
| UNIVINSURE | 0.40 | 69 | 25,350,727 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ZENITHBANK | 35.50 | 562 | 913,428,117.35 |
| GTCO | 41.70 | 359 | 847,089,516.90 |
| TRANSCORP | 14.28 | 690 | 792,050,525.42 |
| UBA | 23.00 | 676 | 674,069,286.90 |
| ACCESSCORP | 21.05 | 578 | 667,778,195.40 |
| MTNN | 200.70 | 579 | 337,128,032.70 |
| NASCON | 58.50 | 145 | 308,637,184.65 |
OUTLOOK
Activities on the Nigerian Exchange Market closed negative at the end of this week. We expect a mixed sentiment in the week ahead.
