Trading activities in the Nigerian Equities Market closed positive today, Thursday (16/05/2024) by 0.84% as the NGX-ASI increased to 98,156.71 from 97,343.42 recorded at the close of the previous trading day; indicating a YTD return of +31.27%
Similarly, the market capitalization increased by N466.73 billion to N55,525.12 trillion from N55,058.39 trillion recorded at the close of the previous trading day, while the market turnover increased to N8.925 billion from N7.142 billion.
The market breadth was negative at 0.63X as 15 stocks advanced and 24 stocks declined, while 80 stocks remained unchanged. ROYALEX topped the gainers’ list with +10.00%, while ETERNA declined by -9.89% to lead the losers’ chart.
NB recorded the highest volume and AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Thursday, 16th May 2024
MARKET STATISTICS
| CAP | N55,525,116,592,809.53 | One Day (ASI CHG) | +0.84% |
| Index | 98,156.71 | One Week (ASI CHG) | -0.10% |
| Volume | 409,766,223 | One Month (ASI CHG) | -2.54% |
| Value | N8,925,056,317.10 | Six Months (ASI CHG) | +38.20% |
| Deals | 7,296 | 52 Weeks (ASI CHG) | +88.08% |
| Gainers | 15 | Losers | 24 |
| Unchanged | 80 | Total | 119 |
| YTD Returns | +31.27% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.84 |
| NGX30 | +0.91 |
| NGXBNK | -3.04 |
| NGXCNSMRGDS | -0.06 |
| NGXINDUSTR | 0.00 |
| NGXINS | +0.51 |
| NGXLOTUSISLM | +0.94 |
| NGXOILGAS | -0.36 |
Top 7 Gainers
Security | Previous Close(N) | Close Price (N) | Price Change (N) | % Change |
| ROYALEX | 0.50 | 0.55 | 0.05 | 10.00 |
| GUINEAINS | 0.30 | 0.33 | 0.03 | 10.00 |
| AIRTELAFRI | 1,973.00 | 2,150.00 | 177.00 | 8.97 |
| INTENEGINS | 1.53 | 1.65 | 0.12 | 7.84 |
| PRESTIGE | 0.51 | 0.54 | 0.03 | 5.88 |
| STERLINGNG | 4.01 | 4.20 | 0.19 | 4.74 |
| WAPIC | 0.67 | 0.70 | 0.03 | 4.48 |
Top 7 Losers
Security | Previous Close(N) | Close Price (N) | Price Change (N) | % Change |
| ETERNA | 13.65 | 12.30 | -1.35 | -9.89 |
| FCMB | 7.25 | 6.65 | -0.60 | -8.28 |
| OMATEK | 0.72 | 0.67 | -0.05 | -6.94 |
| UNITYBNK | 1.70 | 1.60 | -0.10 | -5.88 |
| FBNH | 24.25 | 22.95 | -1.30 | -5.36 |
| GTCO | 42.25 | 40.00 | -2.25 | -5.33 |
| UBA | 22.00 | 20.90 | -1.10 | -5.00 |
Top 7 Traded Stocks By Volume
Security | Close Price (N) | Number of Trades | Volume |
| NB | 23.00 | 153 | 83,746,843 |
| UBA | 20.90 | 573 | 26,064,378 |
| ACCESSCORP | 16.95 | 844 | 24,182,722 |
| GTCO | 40.00 | 423 | 22,929,815 |
| PRESTIGE | 0.54 | 43 | 14,140,178 |
| VERITASKAP | 0.59 | 24 | 13,872,870 |
| ZENITHBANK | 32.50 | 564 | 10,656,311 |
Top 7 Traded Stocks By Value
Security | Close Price (N) | Number of Trades | Value (N) |
| AIRTELAFRI | 2,150.00 | 41 | 2,166,271,699.40 |
| NB | 23.00 | 153 | 1,926,188,034.65 |
| GTCO | 40.00 | 423 | 946,858,879.95 |
| UBA | 20.90 | 573 | 560,540,328.20 |
| ACCESSCORP | 16.95 | 844 | 409,798,219.25 |
| ZENITHBANK | 32.50 | 564 | 351,051,222.45 |
| MTNN | 224.00 | 267 | 174,162,777.40 |
OUTLOOK
Trading on the floor of the exchange rebounds from successive days of losses as ASI posts first gain for the week on investors resumed interest in buying into stocks like AIRTELAFRI. It is projected that the market maintains this sentiment as the end of the trading week approaches.
