Equities Market Closes The Week With 2.71%.

Trading activities in the Nigerian Equities Market closed negative today, Friday (19/04/2024) by 0.31% as the NGX-ASI decreased to 99,539.75 from 99,845.91 recorded at the close of the previous trading day; indicating a YTD return of +33.12%

The market performance for the week decreased by 2.71% to 99,539.75 from 101,778.47 recorded at the beginning of the week.

Similarly, the market capitalization decreased today by N173.15 billion to N56,296.33 trillion from N56,469.49 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N5.398 billion from N5.542billion.

The market breadth was negative at 0.74X as 14 stocks advanced and 19 stocks declined, while 87 stocks remained unchanged. FTNCOCOA topped the gainers’ list with +9.60%, while UNITYBNK declined by -10.00% to lead the losers’ chart.

UBA recorded the highest volume while GTCO recorded the highest value for the day.

Read: NGX Price List for Friday, 19th April 2024

MARKET STATISTICS

CAPN56,296,338,271,342.37One Day (ASI CHG)-0.31%
Index99,539.75One Week (ASI CHG)-2.71%
Volume257,857,186One Month (ASI CHG)-4.80%
ValueN5,398,654,106.46Six Months (ASI CHG)48.75%
Deals7,16852 Weeks (ASI CHG)93.82%
Gainers14Losers19
Unchanged87Total120
YTD Returns+33.12%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-0.31
NGX30-0.33
NGXBNK-2.77
NGXCNSMRGDS-0.03
NGXINDUSTR0.00
NGXINS0.38
NGXLOTUSISLM-0.09
NGXOILGAS 0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
FTNCOCOA1.251.370.129.60
RTBRISCOE0.540.590.059.26
LIVESTOCK1.331.450.129.02
ROYALEX0.620.670.058.06
CONHALLPLC1.211.300.097.44
CWG5.706.100.407.02
REGALINS0.390.410.025.13

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change %Change
UNITYBNK1.801.62-0.18-10.00
FBNH26.9524.30-2.65-9.83
TANTALIZER0.350.32-0.03-8.57
DEAPCAP0.680.63-0.05-7.35
CAVERTON1.611.50-0.11-6.83
VERITASKAP0.620.59-0.03-4.84
STANBIC52.5050.00-2.50-4.76

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of Trades Volume
UBA22.70687             38,715,443
GTCO33.50629             38,295,593
ACCESSCORP17.00660             34,338,666
ZENITHBANK35.50622             24,408,133
FBNH24.30296             12,825,931
TRANSCORP14.00251             12,374,526
FIDELITYBK8.90210               7,207,387

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of Trades  Value(N)
GTCO33.50629  1,310,438,252.10
UBA22.70687     880,552,163.85
ZENITHBANK35.50622     875,853,766.25
ACCESSCORP17.00660     584,535,782.95
TRANSPOWER377.00169     556,654,924.20
FBNH24.30296     315,732,683.55
STANBIC50.00157     211,810,700.45

OUTLOOK

The Nigerian Exchange (NGX) closed negative for the week. We anticipate mildly negative performance on the local bourse in the coming week.

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