Equity Market Rebounds with 0.35% Gain.

Trading activities in the Nigerian Equities Market closed positive today, Tuesday (30/04/2024) by 0.35% as the NGX-ASI increased to 98,225.63 from 97,879.94 recorded at the close of the previous trading day; indicating a YTD return of +31.36%

Similarly, the market capitalization increased today by N195.65 billion to N55,553.02 trillion from N55,357.37 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N14.92 billion from N5.08 billion.

The market breadth was positive at 0.50X as 27 stocks advanced and 18 stocks declined, while 78 stocks remained unchanged. NAHCO topped the gainers’ list with +10.00%, while DANGSUGAR declined by -9.95% to lead the losers’ chart.

GTCO recorded the highest volume and the highest value for the day.

Read: NGX Price List for Tuesday, 30th April 2024

MARKET STATISTICS

CAPN55,553,017,558,477.71One Day (ASI CHG)0.35%
Index98,225.63One Week (ASI CHG)-1.09%
Volume552,209,308One Month (ASI CHG)-6.06%
ValueN14,919,705,214.45Six Months (ASI CHG)41.87%
Deals9,35052 Weeks (ASI CHG)88.14%
Gainers27Losers18
Unchanged78Total123
YTD Returns+31.36%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI 0.35
NGX30 0.31
NGXBNK 1.70
NGXCNSMRGDS-0.80
NGXINDUSTR-0.35
NGXINS 0.15
NGXLOTUSISLM 0.36
NGXOILGAS 1.07

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Change Price(N)% Change
NAHCO33.0036.303.3010.00
CAP26.0028.602.6010.00
UACN13.5014.851.3510.00
LEARNAFRCA3.003.300.3010.00
CONOIL90.9099.959.059.96
JBERGER61.9068.056.159.94
UPDCREIT4.054.450.409.88

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Change Price(N)% Change
DANGSUGAR43.2038.90-4.30-9.95
CWG5.605.05-0.55-9.82
VITAFOAM18.8517.00-1.85-9.81
HONYFLOUR3.493.15-0.34-9.74
UPL2.502.26-0.24-9.60
CILEASING3.703.35-0.35-9.46
WAPCO36.0032.85-3.15-8.75

Top 7 Traded Stocks By Volume

SecurityClose PriceNumber of TradesDaily Volume
GTCO32.70470245,459,806
FBNH23.9052145,468,550
ACCESSCORP16.8580042,872,090
TRANSCORP14.0038236,077,777
UBA23.9057822,451,746
NB25.6017122,054,886
DANGSUGAR38.9060617,727,770

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of TradesDaily Value 
GTCO32.704707,945,658,086.35
FBNH23.905211,094,213,949.35
ACCESSCORP16.85800727,956,731.30
DANGSUGAR38.90606691,177,662.70
TRANSPOWER373.90120688,779,194.40
NB25.60171572,925,709.95
UBA23.90578537,741,391.90

OUTLOOK

The Nigerian Exchange (NGX) closed in green to conclude today’s trading. The rebound postulates mixed trading in the remaining trading days of the week.

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