Trading activities in the Nigerian Equities Market closed positive today, Tuesday (5/03/2024) by 0.35% as the NGX-ASI increased to 99,190.46 from 98,847.89 recorded at the close of the previous trading day; indicating a YTD return of +32.65%.
Similarly, the market capitalization increased today by N193.69 billion to N56.083 billion from N55.890 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N31.789 billion from N19.924 billion.
The market breadth was negative at 0.24X as 9 stocks advanced and 37 stocks declined, while 76 stocks remained unchanged. TRANSPOWER topped the gainers’ list with +10.00%, while INTBREW declined by -10.00% to lead the losers’ chart.
TRANSPOWER recorded the highest volume while TRANSPOWER recorded the highest value for the day.
Read: NGX Price List for Tuesday, 5th March 2024
MARKET STATISTICS
| CAP | N56,083,261,367,187.10 | One Day (ASI CHG) | 0.35% |
| Index | 99,190.46 | One Week (ASI CHG) | -1.38% |
| Volume | 398,134,011 | One Month (ASI CHG) | -4.31% |
| Value | N31,788,685,226.25 | Six Months (ASI CHG) | 45.15% |
| Deals | 10,976 | 52 Weeks (ASI CHG) | 78.38% |
| Gainers | 9 | Losers | 37 |
| Unchanged | 76 | Total | 122 |
| YTD Returns | +32.65% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.35 |
| NGX30 | 0.24 |
| NGXBNK | 1.14 |
| NGXCNSMRGDS | -0.84 |
| NGXINDUSTR | 0.00 |
| NGXINS | -3.23 |
| NGXLOTUSISLM | -0.17 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| TRANSPOWER | 264.00 | 290.40 | 26.40 | 10.00 |
| TRANSCORP | 15.70 | 17.27 | 1.57 | 10.00 |
| FBNH | 28.35 | 31.15 | 2.80 | 9.88 |
| JULI | 4.12 | 4.52 | 0.40 | 9.71 |
| CHAMPION | 4.08 | 4.24 | 0.16 | 3.92 |
| UNITYBNK | 1.98 | 2.00 | 0.02 | 1.01 |
| GTCO | 41.50 | 41.70 | 0.20 | 0.48 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| INTBREW | 4.80 | 4.32 | -0.48 | -10.00 |
| NASCON | 53.50 | 48.15 | -5.35 | -10.00 |
| MAYBAKER | 5.64 | 5.08 | -0.56 | -9.93 |
| THOMASWY | 2.03 | 1.83 | -0.20 | -9.85 |
| CILEASING | 3.86 | 3.48 | -0.38 | -9.84 |
| JOHNHOLT | 2.19 | 1.98 | -0.21 | -9.59 |
| LIVESTOCK | 1.80 | 1.63 | -0.17 | -9.44 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSPOWER | 290.40 | 1007 | 87,486,316 |
| TRANSCORP | 17.27 | 251 | 68,031,214 |
| UBA | 22.05 | 579 | 23,350,470 |
| ACCESSCORP | 20.85 | 518 | 18,473,062 |
| FBNH | 31.15 | 320 | 17,911,848 |
| ZENITHBANK | 35.50 | 438 | 13,354,580 |
| GTCO | 41.70 | 347 | 11,830,940 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| TRANSPOWER | 290.40 | 1,007 | 25,406,026,166.40 |
| TRANSCORP | 17.27 | 251 | 1,174,899,065.78 |
| MTNN | 183.00 | 935 | 913,564,280.70 |
| FBNH | 31.15 | 320 | 540,509,249.60 |
| UBA | 22.05 | 579 | 519,512,445.65 |
| GTCO | 41.70 | 347 | 491,136,953.90 |
| ZENITHBANK | 35.50 | 438 | 471,673,409.40 |
OUTLOOK
The Nigerian Exchange Market closed its second consecutive day with bullish sentiment. We expect the market to experience mixed performance in week as companies release their full year results and dividend declaration.
