Trading activities in the Nigerian Equities Market closed negative today, Tuesday (02/04/2024) by 0.04% as the NGX-ASI decreased to 104,518.14 from 104,562.06 recorded at the close of the previous trading day; indicating a YTD return of +39.78%.
Similarly, the market capitalization decreased today by N24.84 billion to N59.096 trillion from N59.121 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N14.300 billion from N16.955 billion.
The market breadth was positive at 1.44X as 23 stocks advanced and 16 stocks declined, while 80 stocks remained unchanged. MAYBAKER topped the gainers’ list with +10.00%, while UACN declined by -9.82% to lead the losers’ chart.
GTCO recorded the highest volume and highest value for the day.
Read: NGX Price List for Tuesday, 2nd April 2024
MARKET STATISTICS
| CAP | N59,095,684,505,560.78 | One Day (ASI CHG) | -0.04% |
| Index | 104,518.14 | One Week (ASI CHG) | 0.54% |
| Volume | 545,492,896 | One Month (ASI CHG) | 5.84% |
| Value | N14,614,112,057.02 | Six Months (ASI CHG) | 56.53% |
| Deals | 12,925 | 52 Weeks (ASI CHG) | 92.89% |
| Gainers | 23 | Losers | 16 |
| Unchanged | 80 | Total | 119 |
| YTD Returns | +39.78% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.04 |
| NGX30 | -0.07 |
| NGXBNK | -0.07 |
| NGXCNSMRGDS | -0.01 |
| NGXINDUSTR | -0.12 |
| NGXINS | 1.37 |
| NGXLOTUSISLM | -0.22 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| MAYBAKER | 5.50 | 6.05 | 0.55 | 10.00 |
| IKEJAHOTEL | 6.43 | 7.07 | 0.64 | 9.95 |
| CHAMS | 1.92 | 2.11 | 0.19 | 9.90 |
| UNITYBNK | 2.07 | 2.27 | 0.20 | 9.66 |
| AIICO | 1.14 | 1.25 | 0.11 | 9.65 |
| ABBEYBDS | 2.42 | 2.65 | 0.23 | 9.50 |
| RTBRISCOE | 0.55 | 0.60 | 0.05 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| UACN | 13.75 | 12.40 | -1.35 | -9.82 |
| JBERGER | 66.00 | 59.95 | -6.05 | -9.17 |
| ABCTRANS | 0.77 | 0.70 | -0.07 | -9.09 |
| UNIVINSURE | 0.39 | 0.36 | -0.03 | -7.69 |
| UPDC | 1.50 | 1.40 | -0.10 | -6.67 |
| ROYALEX | 0.69 | 0.66 | -0.03 | -4.35 |
| STERLINGNG | 5.40 | 5.18 | -0.22 | -4.07 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| GTCO | 53.05 | 952 | 84,652,740 |
| ACCESSCORP | 25.00 | 1227 | 68,886,888 |
| UBA | 28.00 | 665 | 65,487,378 |
| ZENITHBANK | 44.55 | 891 | 62,585,245 |
| TRANSCORP | 14.00 | 524 | 27,425,029 |
| FIDELITYBK | 10.10 | 394 | 27,332,531 |
| FBNH | 34.85 | 375 | 17,801,421 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| GTCO | 53.05 | 952 | 4,484,843,728.85 |
| ZENITHBANK | 44.55 | 891 | 2,774,205,284.60 |
| UBA | 28.00 | 665 | 1,833,526,435.10 |
| ACCESSCORP | 25.00 | 1227 | 1,734,623,690.35 |
| FBNH | 34.85 | 375 | 622,769,643.35 |
| STANBIC | 55.00 | 89 | 455,355,163.80 |
| TRANSPOWER | 377.00 | 343 | 420,338,388.90 |
OUTLOOK
Trading session on the Nigerian Exchange closed negative at the end of today’s trading. As more corporate disclosures continue to be released, we expect market performance presumably to be of mixed sentiment for the remaining days of the week.
