Trading activities in the Nigerian Equities Market closed positive today, Thursday (28/03/2024) by 0.27% as the NGX-ASI increased to 104,562.06 from 104,283.64 recorded at the close of the previous trading day; indicating a YTD return of +39.84%.
The market performance for the week decreased by 0.0% to 104,562.06 from 104,647.37 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N157.43 billion to N59.121 trillion from N58.963 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N16.955 billion from N12.411 billion.
The market breadth was negative at 2.37X as 38 stocks advanced and 16 stocks declined, while 65 stocks remained unchanged. MORISON topped the gainers’ list with +10.00%, while FTNCOCOA declined by -9.60% to lead the losers’ chart.
ZENITHBANK recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Thursday, 28th March 2024
MARKET STATISTICS
| CAP | N59,120,516,458,261.39 | One Day (ASI CHG) | 0.27% |
| Index | 104,562.06 | One Week (ASI CHG) | 0.17% |
| Volume | 623,075,241 | One Month (ASI CHG) | 5.34% |
| Value | N16,954,921,835.27 | Six Months (ASI CHG) | 57.36% |
| Deals | 10,257 | 52 Weeks (ASI CHG) | 95.06% |
| Gainers | 38 | Losers | 16 |
| Unchanged | 65 | Total | 119 |
| YTD Returns | +39.84% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.27 |
| NGX30 | 0.29 |
| NGXBNK | 0.60 |
| NGXCNSMRGDS | 0.09 |
| NGXINDUSTR | 0.12 |
| NGXINS | 2.61 |
| NGXLOTUSISLM | 0.12 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| MORISON | 1.60 | 1.76 | 0.16 | 10.00 |
| IKEJAHOTEL | 5.85 | 6.43 | 0.58 | 9.91 |
| JBERGER | 60.15 | 66 | 5.85 | 9.73 |
| OMATEK | 0.72 | 0.79 | 0.07 | 9.72 |
| UPDCREIT | 4.70 | 5.15 | 0.45 | 9.57 |
| CAVERTON | 1.65 | 1.8 | 0.15 | 9.09 |
| PZ | 35.00 | 38 | 3.00 | 8.57 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| FTNCOCOA | 1.77 | 1.6 | -0.17 | -9.60 |
| ABCTRANS | 0.85 | 0.77 | -0.08 | -9.41 |
| GUINEAINS | 0.38 | 0.35 | -0.03 | -7.89 |
| NGXGROUP | 22.95 | 21.4 | -1.55 | -6.75 |
| CHAMS | 2.05 | 1.92 | -0.13 | -6.34 |
| CUTIX | 2.76 | 2.6 | -0.16 | -5.80 |
| FCMB | 8.85 | 8.5 | -0.35 | -3.95 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ZENITHBANK | 44.5 | 817 | 88,355,043 |
| GTCO | 52.5 | 795 | 78,675,776 |
| ACCESSCORP | 24.5 | 915 | 56,742,525 |
| UBA | 28 | 606 | 54,937,841 |
| FIDELITYBK | 10 | 505 | 50,780,063 |
| TRANSCORP | 14.2 | 454 | 35,285,471 |
| AIICO | 1.14 | 153 | 31,090,805 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| GTCO | 52.5 | 795 | 4,114,864,136.65 |
| ZENITHBANK | 44.5 | 817 | 3,887,015,205.15 |
| UBA | 28 | 606 | 1,538,391,443.70 |
| ACCESSCORP | 24.5 | 915 | 1,392,432,590.95 |
| NESTLE | 900.1 | 84 | 904,667,525.80 |
| MTNN | 232 | 257 | 744,135,580.10 |
| SEPLAT | 3370 | 36 | 625,804,956.00 |
OUTLOOK
Trading session on the Nigerian Exchange closed in green at the close of today’s trading .As investors await more corporate actions, we expect a mixed sentiment in the week ahead.
