Trading activities in the Nigerian Equities Market closed negative today, Wednesday (20/03/2024) by -0.28% as the NGX-ASI decreased to 104,256.81 from 104,553.31 recorded at the close of the previous trading day; indicating a YTD return of +39.43%.
Similarly, the market capitalization decreased today by N167.65 billion to N58.948 trillion from N59.116 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N6.713 billion from N7.594 billion.
The market breadth was positive at 1.26X as 29 stocks advanced and 23 stocks declined, while 67 stocks remained unchanged. CWG topped the gainers’ list with +10.00%, while NSLTECH declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 20th March 2024
MARKET STATISTICS
| CAP | N58,947,921,222,069.30 | One Day (ASI CHG) | -0.28% |
| Index | 104,256.81 | One Week (ASI CHG) | 0.24% |
| Volume | 298,651,776 | One Month (ASI CHG) | 3.16% |
| Value | N6,840,546,712.28 | Six Months (ASI CHG) | 52.57% |
| Deals | 8,248.00 | 52 Weeks (ASI CHG) | 89.89% |
| Gainers | 29 | Losers | 23 |
| Unchanged | 67 | Total | 119 |
| YTD Returns | +39.43% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.28 |
| NGX30 | -0.40 |
| NGXBNK | -1.79 |
| NGXCNSMRGDS | 0.14 |
| NGXINDUSTR | 0.00 |
| NGXINS | 2.09 |
| NGXLOTUSISLM | 0.14 |
| NGXOILGAS | 0.24 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CWG | 5.50 | 6.05 | 0.55 | 10.00 |
| NEM | 8.00 | 8.80 | 0.80 | 10.00 |
| JULI | 5.91 | 6.50 | 0.59 | 9.98 |
| INTENEGINS | 1.32 | 1.45 | 0.13 | 9.85 |
| THOMASWY | 1.99 | 2.18 | 0.19 | 9.55 |
| RTBRISCOE | 0.53 | 0.58 | 0.05 | 9.43 |
| CAVERTON | 1.60 | 1.75 | 0.15 | 9.38 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| NSLTECH | 0.60 | 0.54 | -0.06 | -10.00 |
| FBNH | 43.95 | 39.60 | -4.35 | -9.90 |
| VITAFOAM | 21.25 | 19.15 | -2.10 | -9.88 |
| BERGER | 17.35 | 15.65 | -1.70 | -9.80 |
| ROYALEX | 0.82 | 0.74 | -0.08 | -9.76 |
| DAARCOMM | 0.64 | 0.58 | -0.06 | -9.38 |
| JBERGER | 69.00 | 63.15 | -5.85 | -8.48 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 39.60 | 730 | 38,760,380 |
| UBA | 26.35 | 452 | 29,083,372 |
| TRANSCORP | 13.55 | 661 | 26,296,775 |
| FIDELITYBK | 10.25 | 230 | 18,161,017 |
| ACCESSCORP | 22.95 | 410 | 17,967,429 |
| AIICO | 1.00 | 96 | 14,535,958 |
| ZENITHBANK | 38.00 | 383 | 11,138,134 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| FBNH | 39.60 | 730 | 1,560,558,194.00 |
| TRANSPOWER | 383.00 | 312 | 1,439,978,019.20 |
| UBA | 26.35 | 452 | 762,772,365.15 |
| GTCO | 45.85 | 285 | 425,130,366.35 |
| ZENITHBANK | 38.00 | 383 | 423,674,612.25 |
| ACCESSCORP | 22.95 | 410 | 413,016,967.35 |
| TRANSCORP | 13.55 | 661 | 372,538,235.65 |
OUTLOOK
Bears dominance surge continue in the Equities market, however, we expect mixed sentiment in the remaining days of the week.
