Trading activities in the Nigerian Equities Market closed negative today, Monday (29/04/2024) by 0.28% as the NGX-ASI decreased to 97,879.94 from 98,152.91 recorded at the close of the previous trading day; indicating a YTD return of +30.90%
Similarly, the market capitalization decreased today by N154.25 billion to N55,357.37 trillion from N55,511.62 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N5.082 billion from N5.022 billion.
The market breadth was positive at 1.26X as 24 stocks advanced and 19 stocks declined, while 78 stocks remained unchanged. STERLINGNG topped the gainers’ list with +9.95%, while DANGSUGAR declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and the highest value for the day.
Read: NGX Price List for Monday, 29th April 2024
MARKET STATISTICS
| CAP | N55,357,371,009,861.57 | One Day (ASI CHG) | -0.28% |
| Index | 97,879.94 | One Week (ASI CHG) | -1.79% |
| Volume | 277,241,355 | One Month (ASI CHG) | -6.39% |
| Value | N5,082,969,863.47 | Six Months (ASI CHG) | 43.71% |
| Deals | 8,714 | 52 Weeks (ASI CHG) | 87.16% |
| Gainers | 24 | Losers | 19 |
| Unchanged | 78 | Total | 121 |
| YTD Returns | +30.90% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.28 |
| NGX30 | -0.24 |
| NGXBNK | -0.41 |
| NGXCNSMRGDS | -0.79 |
| NGXINDUSTR | -0.02 |
| NGXINS | -0.70 |
| NGXLOTUSISLM | -0.18 |
| NGXOILGAS | -0.02 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| STERLINGNG | 3.82 | 4.20 | 0.38 | 9.95 |
| FBNH | 20.35 | 22.35 | 2.00 | 9.83 |
| HONYFLOUR | 3.19 | 3.49 | 0.30 | 9.40 |
| TANTALIZER | 0.33 | 0.36 | 0.03 | 9.09 |
| CAVERTON | 1.46 | 1.59 | 0.13 | 8.90 |
| UACN | 12.40 | 13.50 | 1.10 | 8.87 |
| SOVRENINS | 0.36 | 0.39 | 0.03 | 8.33 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| DANGSUGAR | 48.00 | 43.20 | -4.80 | -10.00 |
| NSLTECH | 0.60 | 0.54 | -0.06 | -10.00 |
| CAP | 28.85 | 26.00 | -2.85 | -9.88 |
| BERGER | 15.20 | 13.70 | -1.50 | -9.87 |
| PRESCO | 231.50 | 209.00 | -22.50 | -9.72 |
| WAPIC | 0.69 | 0.63 | -0.06 | -8.70 |
| PRESTIGE | 0.59 | 0.54 | -0.05 | -8.47 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| UBA | 23.25 | 646 | 34,563,354 |
| TRANSCORP | 14.00 | 364 | 19,396,383 |
| ACCESSCORP | 16.95 | 604 | 18,787,566 |
| ZENITHBANK | 31.30 | 774 | 18,716,472 |
| FBNH | 22.35 | 461 | 18,342,369 |
| NB | 26.00 | 150 | 17,288,117 |
| WEMABANK | 6.05 | 299 | 17,102,316 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| UBA | 23.25 | 646 | 799,449,246.40 |
| ZENITHBANK | 31.30 | 774 | 589,630,865.85 |
| NESTLE | 796.00 | 104 | 512,376,428.50 |
| NB | 26.00 | 150 | 449,558,423.45 |
| DANGSUGAR | 43.20 | 141 | 417,960,259.20 |
| FBNH | 22.35 | 461 | 404,667,132.20 |
| GTCO | 32.70 | 524 | 403,295,905.95 |
OUTLOOK
The Nigerian Exchange (NGX) closed in red at the close of today’s trading. Equities market continues on the downward trend as increased profit-taking transactions overwhelmed the market. We are anticipating mixed trading in the remaining trading days of the week.
