Equities Market Drifts With 0.05% ASI Gains

Trading activities in the Nigerian Equities Market closed positive today, Thursday (25/04/2024) by 0.05% as the NGX-ASI increased to 98,169.30 from 98,121.30 recorded at the close of the previous trading day; indicating a YTD return of +31.29%

Similarly, the market capitalization increased today by N26.64billion to N55,520.89 trillion from N55,494.25 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N6.516 billion from N9.576 billion.

The market breadth was negative at 0.70X as 16 stocks advanced and 23 stocks declined, while 83 stocks remained unchanged. TRANSCOHOT topped the gainers’ list with +9.75%, while STERLINGNG declined by -9.69% to lead the losers’ chart.

ZENITHBANK recorded the highest volume and value for the day.

Read: NGX Price List for Thursday, 25th April 2024

MARKET STATISTICS

CAPN55,520,893,604,229.20One Day (ASI CHG)0.05%
Index98,169.30One Week (ASI CHG)-1.68%
Volume297,202,321One Month (ASI CHG)-5.73%
ValueN6,516,095,180.68Six Months (ASI CHG)46.34%
Deals7,41752 Weeks (ASI CHG)87.33%
Gainers16Losers23
Unchanged82Total122
YTD Returns+31.29%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.05
NGX300.08
NGXBNK-1.10
NGXCNSMRGDS-0.05
NGXINDUSTR0.00
NGXINS0.88
NGXLOTUSISLM0.06
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change(N) %Change
TRANSCOHOT87.9396.508.579.75
LIVESTOCK1.381.510.139.42
TANTALIZER0.320.350.039.38
SUNUASSUR1.211.300.097.44
WAPIC0.650.690.046.15
UNITYBNK1.751.830.084.57
UACN11.4011.800.403.51

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change(N) %Change
STERLINGNG4.233.82-0.41-9.69
CWG5.755.20-0.55-9.57
INTENEGINS1.291.17-0.12-9.30
OMATEK0.830.76-0.07-8.43
RTBRISCOE0.640.59-0.05-7.81
DEAPCAP0.630.59-0.04-6.35
FBNH19.7518.50-1.25-6.33

Top 7 Traded Stocks By Volume

SecurityClose PriceNumber of TradesDaily Volume
ZENITHBANK36.4057748,489,386
ACCESSCORP16.0073239,876,471
TRANSCORP14.0026728,473,276
UBA22.8051022,941,851
NB27.609020,296,082
OANDO9.3037113,091,742
FIDELITYBK9.0024612,642,474

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of TradesDaily Value
ZENITHBANK36.405771,771,622,959.85
MTNN202.003551,036,967,357.10
ACCESSCORP16.00732639,979,905.85
NB27.6090560,157,887.65
UBA22.80510523,552,532.30
TRANSCORP14.00267397,343,070.45
WAPCO36.00147 315,539,977.35

OUTLOOK

The Nigerian Exchange (NGX) closed with positive sentiment at the close of today’s trading, halting the losing trend . We expect the market to show a mixed trend by the end of the week.

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