Trading activities in the Nigerian Equities Market closed positive today, Wednesday (13/03/2024) by 0.47% as the NGX-ASI increased to 104,007.31 from 103,524.44 recorded at the close of the previous trading day; indicating a YTD return of +38.47%.
Similarly, the market capitalization increased today by N273.01 billion to N58.807 billion from N58.534 trillion recorded at the close of the previous trading day, While, the market turnover decreased to N9.120 billion from N14.234 billion.
The market breadth was positive at 1.35X as 31 stocks advanced and 23 stocks declined, while 63 stocks remained unchanged. JBERGER topped the gainers’ list with +10.00%, while SKYAVN declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume while NESTLE recorded the highest value for the day.
Read: NGX Price List for Wednesday, 13th March 2024
MARKET STATISTICS
| CAP | N58,807,355,227,007.12 | One Day (ASI CHG) | 0.47% |
| Index | 104,007.31 | One Week (ASI CHG) | 4.43% |
| Volume | 326,945,227 | One Month (ASI CHG) | 2.26% |
| Value | N9,119,598,355.42 | Six Months (ASI CHG) | 54.36% |
| Deals | 11,344 | 52 Weeks (ASI CHG) | 86.65% |
| Gainers | 31 | Losers | 23 |
| Unchanged | 63 | Total | 117 |
| YTD Returns | +38.47% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.47 |
| NGX30 | 0.40 |
| NGXBNK | 1.95 |
| NGXCNSMRGDS | 0.22 |
| NGXINDUSTR | 0.03 |
| NGXINS | 0.79 |
| NGXLOTUSISLM | 0.31 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| JBERGER | 61.00 | 67.10 | 6.10 | 10.00 |
| ETI | 20.00 | 22.00 | 2.00 | 10.00 |
| NEM | 6.05 | 6.65 | 0.60 | 9.92 |
| RTBRISCOE | 0.45 | 0.49 | 0.04 | 8.89 |
| DEAPCAP | 0.69 | 0.75 | 0.06 | 8.70 |
| OMATEK | 0.69 | 0.75 | 0.06 | 8.70 |
| GUINEAINS | 0.35 | 0.38 | 0.03 | 8.57 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SKYAVN | 25.50 | 22.95 | -2.55 | -10.00 |
| SUNUASSUR | 1.56 | 1.41 | -0.15 | -9.62 |
| MAYBAKER | 5.42 | 5.10 | -0.32 | -5.90 |
| LASACO | 2.12 | 2.00 | -0.12 | -5.66 |
| JAPAULGOLD | 2.30 | 2.20 | -0.10 | -4.35 |
| UCAP | 21.35 | 20.50 | -0.85 | -3.98 |
| UNITYBNK | 2.01 | 1.93 | -0.08 | -3.98 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 16.50 | 558 | 38,949,935 |
| UNITYBNK | 1.93 | 243 | 37,202,125 |
| GTCO | 44.40 | 415 | 26,435,479 |
| UBA | 25.90 | 541 | 21,289,001 |
| FBNH | 33.55 | 344 | 18,615,141 |
| ACCESSCORP | 23.00 | 481 | 18,240,481 |
| ZENITHBANK | 39.00 | 501 | 13,760,323 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| NESTLE | 901.00 | 121 | 1,504,285,992.70 |
| GTCO | 44.40 | 415 | 1,172,280,373.70 |
| TRANSPOWER | 380.00 | 791 | 1,113,817,893.20 |
| MTNN | 249.00 | 466 | 722,449,307.10 |
| TRANSCORP | 16.50 | 558 | 642,225,987.75 |
| FBNH | 33.55 | 344 | 625,688,706.70 |
| UBA | 25.90 | 541 | 565,244,723.15 |
OUTLOOK
Trading session on the Nigerian Exchange continues in green for its third consecutive day of the week. Bargain-hunting was predominant across the sectors. It is projected that the market performance will continue in the positive direction for the remaining days of the week.
