Trading activities in the Nigerian Equities Market closed negative today, Monday (6/05/2024) by 0.89% as the NGX-ASI decreased to 98,703.68 from 99,587.25 recorded at the close of the previous trading day; indicating a YTD return of +32.00%
Similarly, the market capitalization decreased today by N499.70 billion to N55.823 trillion from N56.323 trillion recorded at the close of the previous trading day, However, the market turnover increased to N8.954 billion from N7.101 billion.
The market breadth was positive at 2.11X as 38 stocks advanced and 18 stocks declined, while 65 stocks remained unchanged. CORNERST topped the gainers’ list with +10.00%, while AIRTELAFRI declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Monday, 6th May 2024
MARKET STATISTICS
| CAP | N55,823,397,587,424.61 | One Day (ASI CHG) | -0.89% |
| Index | 98,703.68 | One Week (ASI CHG) | 0.84% |
| Volume | 421,727,563 | One Month (ASI CHG) | -4.58% |
| Value | N8,953,744,076.20 | Six Months (ASI CHG) | 40.05% |
| Deals | 10,624 | 52 Weeks (ASI CHG) | 87.63% |
| Gainers | 38 | Losers | 18 |
| Unchanged | 65 | Total | 121 |
| YTD Returns | +32.00% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.89 |
| NGX30 | -1.05 |
| NGXBNK | 2.56 |
| NGXCNSMRGDS | 0.58 |
| NGXINDUSTR | 0.25 |
| NGXINS | 2.03 |
| NGXLOTUSISLM | -0.88 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price (N) | Price Change(N) | % Change |
| CORNERST | 1.80 | 1.98 | 0.18 | 10.00 |
| GUINEAINS | 0.30 | 0.33 | 0.03 | 10.00 |
| OANDO | 9.05 | 9.95 | 0.90 | 9.94 |
| NASCON | 42.75 | 47.00 | 4.25 | 9.94 |
| WEMABANK | 6.90 | 7.55 | 0.65 | 9.42 |
| DEAPCAP | 0.54 | 0.59 | 0.05 | 9.26 |
| FTNCOCOA | 1.35 | 1.47 | 0.12 | 8.89 |
Top 7 Losers
| Security | Previous Close(N) | Close Price (N) | Price Change(N) | % Change |
| AIRTELAFRI | 2200.00 | 1980.00 | -220.00 | -10.00 |
| BERGER | 13.70 | 12.35 | -1.35 | -9.85 |
| IMG | 13.75 | 12.40 | -1.35 | -9.82 |
| INTENEGINS | 1.39 | 1.26 | -0.13 | -9.35 |
| INTBREW | 4.78 | 4.35 | -0.43 | -9.00 |
| NSLTECH | 0.59 | 0.54 | -0.05 | -8.47 |
| IKEJAHOTEL | 7.26 | 6.75 | -0.51 | -7.02 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| ACCESSCORP | 17.95 | 1209 | 98,236,741 |
| UBA | 26.00 | 842 | 40,395,912 |
| GTCO | 41.00 | 740 | 35,905,826 |
| UNIVINSURE | 0.36 | 57 | 30,397,788 |
| ZENITHBANK | 34.80 | 671 | 26,903,826 |
| AIICO | 1.00 | 148 | 20,733,174 |
| TRANSCORP | 13.60 | 533 | 19,061,529 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value(N) |
| ACCESSCORP | 17.95 | 1209 | 1,760,927,030.75 |
| GTCO | 41.00 | 740 | 1,493,900,124.80 |
| UBA | 26.00 | 842 | 1,071,084,003.60 |
| ZENITHBANK | 34.80 | 671 | 982,145,770.80 |
| PRESCO | 265.00 | 270 | 835,589,603.10 |
| FBNH | 28.25 | 374 | 513,274,810.50 |
| MTNN | 215.50 | 332 | 409,619,412.10 |
OUTLOOK
The Nigerian Exchange (NGX) closed in red to conclude today’s trade. However, we expect the market trend for the remaining days of the week to be mixed as investors continue to await more corporate actions.
