Trading activities in the Nigerian Equities Market closed negative today, Tuesday (7/05/2024) by 0.48% as the NGX-ASI decreased to 98,228.50 from 98,703.68 recorded at the close of the previous trading day; indicating a YTD return of +31.37%
Similarly, the market capitalization decreased today by N268.75 billion to N55.554 trillion from N55.823 trillion recorded at the close of the previous trading day, However, the market turnover decreased to N8.348 billion from N8.954 billion.
The market breadth was negative at 0.52X as 14 stocks advanced and 27 stocks declined, while 79 stocks remained unchanged. PRESCO topped the gainers’ list with +10.00%, while UNITYBNK declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 7th May 2024
MARKET STATISTICS
| CAP | N55,554,652,509,549.50 | One Day (ASI CHG) | -0.48% |
| Index | 98,228.50 | One Week (ASI CHG) | 0.00% |
| Volume | 425,664,285 | One Month (ASI CHG) | -5.04% |
| Value | N8,348,745,735.83 | Six Months (ASI CHG) | 39.11% |
| Deals | 9,620 | 52 Weeks (ASI CHG) | 88.14% |
| Gainers | 14 | Losers | 27 |
| Unchanged | 79 | Total | 120 |
| YTD Returns | +31.37% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.48 |
| NGX30 | -0.53 |
| NGXBNK | -3.11 |
| NGXCNSMRGDS | -0.66 |
| NGXINDUSTR | 0.00 |
| NGXINS | -1.48 |
| NGXLOTUSISLM | -0.33 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| PRESCO | 265.00 | 291.50 | 26.50 | 10.00 |
| MAYBAKER | 6.00 | 6.60 | 0.60 | 10.00 |
| JAPAULGOLD | 1.90 | 2.09 | 0.19 | 10.00 |
| FTNCOCOA | 1.47 | 1.59 | 0.12 | 8.16 |
| WEMABANK | 7.55 | 8.10 | 0.55 | 7.28 |
| INTENEGINS | 1.26 | 1.35 | 0.09 | 7.14 |
| NGXGROUP | 22.50 | 23.85 | 1.35 | 6.00 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UNITYBNK | 1.80 | 1.62 | -0.18 | -10.00 |
| FBNH | 28.25 | 25.45 | -2.80 | -9.91 |
| CHAMPION | 3.68 | 3.32 | -0.36 | -9.78 |
| LIVESTOCK | 1.75 | 1.58 | -0.17 | -9.71 |
| WAPIC | 0.75 | 0.68 | -0.07 | -9.33 |
| NSLTECH | 0.54 | 0.49 | -0.05 | -9.26 |
| JAIZBANK | 2.53 | 2.30 | -0.23 | -9.09 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 26.00 | 952 | 102,232,533 |
| ACCESSCORP | 17.70 | 824 | 49,179,892 |
| TRANSCORP | 12.95 | 697 | 30,138,790 |
| JAPAULGOLD | 2.09 | 188 | 28,753,784 |
| AIICO | 1.00 | 171 | 22,648,231 |
| JAIZBANK | 2.30 | 244 | 22,580,873 |
| UNIVINSURE | 0.36 | 50 | 22,054,374 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 26.00 | 952 | 2,675,300,693.75 |
| ACCESSCORP | 17.70 | 824 | 878,405,908.55 |
| ZENITHBANK | 34.70 | 512 | 722,779,471.05 |
| PRESCO | 291.50 | 281 | 569,486,253.50 |
| NB | 24.00 | 181 | 527,981,797.00 |
| TRANSCORP | 12.95 | 697 | 394,748,786.85 |
| GTCO | 38.55 | 465 | 351,426,629.20 |
OUTLOOK
As bears dominance continue in the Equities market, this trend may continue in the remaining days of the week.
