Equities Market Dips Further By 0.11% Loss.

Trading activities in the Nigerian Equities Market closed negative today, Tuesday (19/03/2024) by -0.11% as the NGX-ASI decreased to 104,553.31 from 104,663.34 recorded at the close of the previous trading day; indicating a YTD return of +39.83%.

Similarly, the market capitalization decreased today by N62.21 billion to N59.116 billion from N59.178 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N7.594 billion from N10.801 billion.

The market breadth was positive at 1.17X as 27 stocks advanced and 23 stocks declined, while 68 stocks remained unchanged. INTENEGINS topped the gainers’ list with +10.00%, while DAARCOMM declined by -9.86% to lead the losers’ chart.

FBNH recorded the highest volume and value for the day.

Read: NGX Price List for Tuesday, 19th March 2024

MARKET STATISTICS

CAPN59,115,569,957,294.20One Day (ASI CHG)-0.11%
Index104,553.31One Week (ASI CHG)0.99%
Volume307,046,702One Month (ASI CHG)2.11%
ValueN7,593,505,292.76Six Months (ASI CHG)52.95%
Deals9,54852 Weeks (ASI CHG)90.49%
Gainers27Losers23
Unchanged68Total118
YTD Returns+39.83%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-0.11
NGX30-0.16
NGXBNK1.07
NGXCNSMRGDS0.16
NGXINDUSTR0.12
NGXINS0.59
NGXLOTUSISLM-0.03
NGXOILGAS0.04

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change%Change
INTENEGINS1.201.320.1210.00
INTBREW4.454.890.449.89
JULI5.385.910.539.85
NEM7.308.000.709.59
FBNH40.3043.953.659.06
REGALINS0.370.400.038.11
JAPAULGOLD2.102.230.136.19

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change%Change
DAARCOMM0.710.64-0.07-9.86
CWG6.055.50-0.55-9.09
SOVRENINS0.470.43-0.04-8.51
UPDCREIT5.505.15-0.35-6.36
FIDSON16.0015.00-1.00-6.25
TANTALIZER0.390.37-0.02-5.13
JBERGER72.6069.00-3.60-4.96

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of TradesVolume
FBNH43.9565837,807,110
UBA25.8562736,854,877
ACCESSCORP23.0048628,086,868
TRANSCORP14.6050721,573,408
FIDELITYBK10.0529219,814,273
AIICO1.0313911,766,300
GTCO45.854048,215,424

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesValue (N)
FBNH43.956581,573,270,841.50
UBA25.85627954,381,876.50
MTNN240.00437680,804,149.80
ACCESSCORP23.00486649,272,752.50
TRANSPOWER382.90392445,385,831.20
SEPLAT3370.0024380,914,470.00
GTCO45.85404380,130,002.40

OUTLOOK

Trading session on the Nigerian Exchange continues in red at the close of its second trading day. However, it is projected that the market performance will be mixed in the remaining days of the week.

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