Trading activities in the Nigerian Equities Market closed negative today, Tuesday (14/05/2024) by 0.24% as the NGX-ASI decreased to 97,473.98 from 97,708.74 recorded at the close of the previous trading day; indicating a YTD return of +30.36%
Similarly, the market capitalization decreased by N132.64 billion to N55.132 trillion from N55.265 trillion recorded at the close of the previous trading day, While the market turnover decreased to N5.813 billion from N11.377 billion.
The market breadth was positive at 1.11X as 21 stocks advanced and 19 stocks declined, while 76 stocks remained unchanged. LEARNAFRCA topped the gainers’ list with +10.00%, while DANGSUGAR declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and GTCO recorded the highest value for the day.
Read: NGX Price List for Tuesday, 14th May 2024
MARKET STATISTICS
| CAP | N55,132,235,580,817.60 | One Day (ASI CHG) | -0.24% |
| Index | 97,473.98 | One Week (ASI CHG) | -0.77% |
| Volume | 306,596,536 | One Month (ASI CHG) | -4.73% |
| Value | N5,813,632,068.03 | Six Months (ASI CHG) | 37.60% |
| Deals | 7,951 | 52 Weeks (ASI CHG) | 85.38% |
| Gainers | 21 | Losers | 19 |
| Unchanged | 76 | Total | 116 |
| YTD Returns | +30.36% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.24 |
| NGX30 | -0.21 |
| NGXBNK | -1.02 |
| NGXCNSMRGDS | -0.81 |
| NGXINDUSTR | 0.02 |
| NGXINS | -1.09 |
| NGXLOTUSISLM | -0.14 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| LEARNAFRCA | 3.30 | 3.63 | 0.33 | 10.00 |
| TANTALIZER | 0.50 | 0.55 | 0.05 | 10.00 |
| REGALINS | 0.32 | 0.35 | 0.03 | 9.38 |
| CUTIX | 3.00 | 3.25 | 0.25 | 8.33 |
| LINKASSURE | 0.77 | 0.83 | 0.06 | 7.79 |
| UNIVINSURE | 0.35 | 0.37 | 0.02 | 5.71 |
| MBENEFIT | 0.55 | 0.58 | 0.03 | 5.45 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| DANGSUGAR | 45.00 | 40.50 | -4.50 | -10.00 |
| PZ | 25.00 | 22.50 | -2.50 | -10.00 |
| NEM | 10.35 | 9.35 | -1.00 | -9.66 |
| CAVERTON | 1.57 | 1.42 | -0.15 | -9.55 |
| ROYALEX | 0.57 | 0.52 | -0.05 | -8.77 |
| DEAPCAP | 0.59 | 0.54 | -0.05 | -8.47 |
| GUINEAINS | 0.32 | 0.30 | -0.02 | -6.25 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 17.30 | 746 | 33,234,562 |
| GTCO | 42.25 | 828 | 32,253,229 |
| NB | 23.00 | 163 | 27,463,146 |
| UBA | 23.00 | 517 | 22,517,092 |
| ROYALEX | 0.52 | 54 | 19,458,802 |
| JAPAULGOLD | 2.20 | 137 | 16,894,791 |
| ZENITHBANK | 34.40 | 557 | 15,586,140 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 42.25 | 828 | 1,361,120,323.15 |
| NB | 23.00 | 163 | 631,760,194.45 |
| ACCESSCORP | 17.30 | 746 | 575,591,983.70 |
| ZENITHBANK | 34.40 | 557 | 536,927,206.50 |
| UBA | 23.00 | 517 | 519,495,000.95 |
| SEPLAT | 2962.30 | 90 | 433,898,298.40 |
| MTNN | 220.00 | 265 | 298,502,710.50 |
OUTLOOK
Bears dominance continue in the Equities market with loss of N132bn amid selloff. We perceive this trend may continue in the remaining days of the week.
