Trading activities in the Nigerian Equities Market closed negative today, Thursday (04/04/2024) by 0.43% as the NGX-ASI decreased to 103,736.08 from 104,181.32 recorded at the close of the previous trading day; indicating a YTD return of +38.73%.
Similarly, the market capitalization decreased today by N251.75 billion to N58.653 trillion from N58.905 trillion recorded at the close of the previous trading day. Also, the market turnover increased to N15.639 billion from N8.908 billion.
The market breadth was negative at 0.85X as 22 stocks advanced and 26 stocks declined, while 71 stocks remained unchanged. MORISON topped the gainers’ list with +9.84%, while CILEASING declined by -9.79% to lead the losers’ chart.
ZENITHBANK recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 4th April 2024
MARKET STATISTICS
| CAP | N58,653,496,698,512.28 | One Day (ASI CHG) | -0.43% |
| Index | 103,736.08 | One Week (ASI CHG) | -0.79% |
| Volume | 487,728,275 | One Month (ASI CHG) | 4.95% |
| Value | N15,639,903,669.03 | Six Months (ASI CHG) | 55.83% |
| Deals | 8,908 | 52 Weeks (ASI CHG) | 95.66% |
| Gainers | 22 | Losers | 26 |
| Unchanged | 71 | Total | 119 |
| YTD Returns | +38.73% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.43 |
| NGX30 | -0.46 |
| NGXBNK | -2.67 |
| NGXCNSMRGDS | 0.46 |
| NGXINDUSTR | -0.09 |
| NGXINS | 0.43 |
| NGXLOTUSISLM | -0.28 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| MORISON | 1.93 | 2.12 | 0.19 | 9.84 |
| SCOA | 2.15 | 2.36 | 0.21 | 9.77 |
| INTENEGINS | 1.44 | 1.58 | 0.14 | 9.72 |
| NEM | 8.95 | 9.80 | 0.85 | 9.50 |
| MAYBAKER | 6.05 | 6.55 | 0.50 | 8.26 |
| UNIVINSURE | 0.37 | 0.40 | 0.03 | 8.11 |
| DANGSUGAR | 52.70 | 56.00 | 3.30 | 6.26 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CILEASING | 3.88 | 3.50 | -0.38 | -9.79 |
| MBENEFIT | 0.70 | 0.64 | -0.06 | -8.57 |
| TANTALIZER | 0.38 | 0.35 | -0.03 | -7.89 |
| UNITYBNK | 2.30 | 2.13 | -0.17 | -7.39 |
| JAIZBANK | 2.35 | 2.18 | -0.17 | -7.23 |
| GTCO | 52.40 | 49.00 | -3.40 | -6.49 |
| WAPIC | 0.74 | 0.70 | -0.04 | -5.41 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ZENITHBANK | 43.20 | 527 | 161,683,671 |
| GTCO | 49.00 | 476 | 54,355,832 |
| UBA | 26.50 | 494 | 47,823,335 |
| ACCESSCORP | 23.00 | 932 | 40,881,006 |
| TRANSCORP | 13.75 | 533 | 28,350,374 |
| UNIVINSURE | 0.40 | 77 | 21,517,556 |
| ETI | 26.00 | 63 | 16,427,331 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| ZENITHBANK | 43.20 | 527 | 7,027,522,107.60 |
| GTCO | 49.00 | 476 | 2,729,210,909.55 |
| UBA | 26.50 | 494 | 1,299,778,397.10 |
| ACCESSCORP | 23.00 | 932 | 950,436,186.90 |
| TRANSPOWER | 377.00 | 209 | 449,568,633.10 |
| ETI | 26.00 | 63 | 427,234,755.80 |
| MTNN | 229.00 | 355 | 423,309,868.30 |
OUTLOOK
Trading session on the Nigerian Exchange ended on a negative note today. We expect bearish performance for the week.
