Trading activities in the Nigerian Equities Market closed negative today, Wednesday (15/05/2024) by 0.13% as the NGX-ASI decreased to 97,343.42 from 97,473.98 recorded at the close of the previous trading day; indicating a YTD return of +30.18%
Similarly, the market capitalization decreased by N73.85 billion to N55,058.39 trillion from N55.132 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.142 billion from N5.813 billion.
The market breadth was negative at 0.45X as 13 stocks advanced and 29 stocks declined, while 78 stocks remained unchanged. CUSTODIAN topped the gainers’ list with +9.63%, while FTNCOCOA declined by -10.00% to lead the losers’ chart.
GTCO recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 15th May 2024
MARKET STATISTICS
| CAP | N55,058,387,461,209.24 | One Day (ASI CHG) | -0.13% |
| Index | 97,343.42 | One Week (ASI CHG) | -0.90% |
| Volume | 355,554,348 | One Month (ASI CHG) | -4.36% |
| Value | N7,142,968,808.26 | Six Months (ASI CHG) | 37.08% |
| Deals | 7,333 | 52 Weeks (ASI CHG) | 86.81% |
| Gainers | 13 | Losers | 29 |
| Unchanged | 78 | Total | 120 |
| YTD Returns | +30.18% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.13 |
| NGX30 | -0.08 |
| NGXBNK | -1.67 |
| NGXCNSMRGDS | -0.20 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.43 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price (N) | Price Change (N) | % Change |
| CUSTODIAN | 9.35 | 10.25 | 0.90 | 9.63 |
| INTENEGINS | 1.40 | 1.53 | 0.13 | 9.29 |
| SOVRENINS | 0.38 | 0.41 | 0.03 | 7.89 |
| NPFMCRFBK | 1.83 | 1.96 | 0.13 | 7.10 |
| CHAMPION | 3.11 | 3.30 | 0.19 | 6.11 |
| UPDCREIT | 4.50 | 4.70 | 0.20 | 4.44 |
| ACADEMY | 1.95 | 2.03 | 0.08 | 4.10 |
Top 7 Losers
| Security | Previous Close(N) | Close Price (N) | Price Change (N) | % Change |
| FTNCOCOA | 1.60 | 1.44 | -0.16 | -10.00 |
| PZ | 22.50 | 20.25 | -2.25 | -10.00 |
| STERLINGNG | 4.45 | 4.01 | -0.44 | -9.89 |
| UACN | 14.85 | 13.40 | -1.45 | -9.76 |
| NGXGROUP | 24.75 | 22.40 | -2.35 | -9.49 |
| PRESTIGE | 0.56 | 0.51 | -0.05 | -8.93 |
| DAARCOMM | 0.69 | 0.63 | -0.06 | -8.70 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| GTCO | 42.25 | 544 | 71,872,057 |
| ACCESSCORP | 17.20 | 653 | 24,167,477 |
| TANTALIZER | 0.55 | 214 | 21,304,827 |
| PRESTIGE | 0.51 | 59 | 17,535,647 |
| UBA | 22.00 | 442 | 15,364,255 |
| ROYALEX | 0.50 | 46 | 13,824,775 |
| AIICO | 1.00 | 77 | 12,645,922 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| GTCO | 42.25 | 544 | 3,037,701,676.90 |
| MTNN | 224 | 287 | 831,342,522.40 |
| ACCESSCORP | 17.2 | 653 | 416,726,611.60 |
| UBA | 22 | 442 | 345,693,355.15 |
| STANBIC | 52 | 83 | 261,883,416.10 |
| ZENITHBANK | 33.3 | 476 | 248,544,240.45 |
| SEPLAT | 2962.3 | 77 | 234,956,052.90 |
OUTLOOK
The bearish trading pattern maintained its grip on the Equities market with loss of N73.85bn amid selloff. We perceive this trend may continue in the remaining days of the week.
