Trading activities in the Nigerian Equities Market closed negative today, Tuesday (16/04/2024) by 1.04% as the NGX-ASI decreased to 100,717.21 from 101,778.47 recorded at the close of the previous trading day; indicating a YTD return of +34.70%
Similarly, the market capitalization decreased today by N599.45billion to N56,962.00 trillion from N57,561.44trillion recorded at the close of the previous trading day, Also, the market turnover increased to N8.381 billion from N6.781 billion.
The market breadth was negative at 0.14X as 7 stocks advanced and 50 stocks declined, while 63 stocks remained unchanged. MORISON topped the gainers’ list with +9.96%, while VITAFOAM declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Tuesday, 16th April 2024
MARKET STATISTICS
| CAP | N56,962,000,370,731.75 | One Day (ASI CHG) | -1.04% |
| Index | 100,717.21 | One Week (ASI CHG) | -2.26% |
| Volume | 403,889,860 | One Month (ASI CHG) | -4.16% |
| Value | N8,381,625,848.80 | Six Months (ASI CHG) | 49.60% |
| Deals | 10,170 | 52 Weeks (ASI CHG) | 96.99% |
| Gainers | 7 | Losers | 50 |
| Unchanged | 63 | Total | 120 |
| YTD Returns | +34.70% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.04 |
| NGX30 | -1.07 |
| NGXBNK | -5.75 |
| NGXCNSMRGDS | -1.02 |
| NGXINDUSTR | -0.06 |
| NGXINS | -3.27 |
| NGXLOTUSISLM | -0.34 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Price Change(N) | %Change |
| MORISON | 2.81 | 3.09 | 0.28 | 9.96 |
| THOMASWY | 1.97 | 2.14 | 0.17 | 8.63 |
| UNIVINSURE | 0.36 | 0.38 | 0.02 | 5.56 |
| OMATEK | 0.79 | 0.82 | 0.03 | 3.80 |
| NSLTECH | 0.58 | 0.60 | 0.02 | 3.45 |
| VERITASKAP | 0.64 | 0.66 | 0.02 | 3.13 |
| ABCTRANS | 0.70 | 0.71 | 0.01 | 1.43 |
Top 7 Losers
| Security | Previous Close | Close Price | Price Change(N) | %Change |
| VITAFOAM | 21.00 | 18.90 | -2.10 | -10.00 |
| FIDELITYBK | 9.00 | 8.10 | -0.9 | -10.00 |
| ELLAHLAKES | 3.5 | 3.15 | -0.35 | -10.00 |
| JAPAULGOLD | 2.00 | 1.80 | -0.20 | -10.00 |
| CORNERST | 1.90 | 1.71 | -0.19 | -10.00 |
| FLOURMILL | 33.80 | 30.50 | -3.30 | -9.76 |
| OANDO | 13.40 | 12.10 | -1.30 | -9.70 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| ACCESSCORP | 16.95 | 1109 | 62,927,904 |
| GTCO | 36.80 | 667 | 47,382,873 |
| UBA | 23.00 | 938 | 45,631,809 |
| ZENITHBANK | 35.40 | 913 | 41,360,212 |
| FIDELITYBK | 8.10 | 453 | 23,138,472 |
| TRANSCORP | 13.45 | 413 | 18,964,964 |
| FCMB | 7.20 | 269 | 18,924,411 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value (N) |
| GTCO | 36.80 | 667 | 1,741,908,950.70 |
| ZENITHBANK | 35.40 | 913 | 1,495,588,765.10 |
| ACCESSCORP | 16.95 | 1109 | 1,074,495,654.45 |
| UBA | 23.00 | 938 | 1,055,786,235.00 |
| MTNN | 224.00 | 294 | 892,222,067.60 |
| NESTLE | 900.00 | 71 | 272,710,745.10 |
| TRANSCORP | 13.45 | 413 | 254,718,525.30 |
OUTLOOK
The Nigerian Exchange (NGX) closed in red at the close of today’s trading. The banking sector recorded the lowest of all the sectors, which shows investors sentiment towards the news of bank recapitalization.
