Trading activities in the Nigerian Equities Market closed negative today, Friday (17/05/2024) by 0.03% as the NGX-ASI decreased to 98,125.73 from 98,156.71 recorded at the close of the previous trading day; indicating a YTD return of +31.23%
The market performance for the week decreased by 0.11% to 98,125.73 from 98,233.76 recorded at the beginning of the week.
Similarly, the market capitalization decreased by N17.53 billion to N55,507.59 trillion from N55,525.12 trillion recorded at the close of the previous trading day, while the market turnover increased to N9.419 billion from N8.925 billion.
The market breadth was negative at 0.68X as 15 stocks advanced and 22 stocks declined, while 83 stocks remained unchanged. PZ topped the gainers’ list with +9.92%, while TRANSCOHOT declined by -9.72% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Friday, 17th May 2024
MARKET STATISTICS
| CAP | N55,507,590,362,583.60 | One Day (ASI CHG) | -0.03% |
| Index | 98,125.73 | One Week (ASI CHG) | -0.11% |
| Volume | 140,771,892 | One Month (ASI CHG) | -1.78% |
| Value | N9,418,632,878.40 | Six Months (ASI CHG) | +37.99% |
| Deals | 6,934 | 52 Weeks (ASI CHG) | +87.37% |
| Gainers | 15 | Losers | 22 |
| Unchanged | 83 | Total | 120 |
| YTD Returns | +31.23% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.03 |
| NGX30 | -0.07 |
| NGXBNK | 1.09 |
| NGXCNSMRGDS | 0.10 |
| NGXINDUSTR | -0.01 |
| NGXINS | -2.38 |
| NGXLOTUSISLM | 0.13 |
| NGXOILGAS | -0.27 |
Top 7 Gainers
Security | Previous Close(N) | Close Price (N) | Price Change (N) | % Change |
| PZ | 19.65 | 21.60 | 1.95 | 9.92 |
| JBERGER | 72.40 | 79.30 | 6.90 | 9.53 |
| STERLINGNG | 4.20 | 4.48 | 0.28 | 6.67 |
| FCMB | 6.65 | 7.00 | 0.35 | 5.26 |
| JAIZBANK | 2.20 | 2.30 | 0.10 | 4.55 |
| UBA | 20.90 | 21.85 | 0.95 | 4.55 |
| OANDO | 9.95 | 10.40 | 0.45 | 4.52 |
Top 7 Losers
Security | Previous Close(N) | Close Price (N) | Price Change (N) | % Change |
| TRANSCOHOT | 101.90 | 92.00 | -9.90 | -9.72 |
| NEM | 9.35 | 8.45 | -0.90 | -9.63 |
| UPDCREIT | 4.70 | 4.25 | -0.45 | -9.57 |
| ETERNA | 12.30 | 11.15 | -1.15 | -9.35 |
| TANTALIZER | 0.55 | 0.50 | -0.05 | -9.09 |
| REGALINS | 0.34 | 0.31 | -0.03 | -8.82 |
| RTBRISCOE | 0.57 | 0.52 | -0.05 | -8.77 |
Top 7 Traded Stocks By Volume
Security | Close Price (N) | Number of Trades | Volume |
| ACCESSCORP | 16.95 | 605 | 25,614,036 |
| GTCO | 40.00 | 330 | 13,772,660 |
| UBA | 20.90 | 409 | 5,634,967 |
| FBNH | 22.95 | 307 | 5,317,284 |
| WEMABANK | 6.95 | 154 | 5,188,562 |
| TRANSCORP | 11.85 | 257 | 4,924,815 |
| ZENITHBANK | 32.50 | 431 | 4,857,392 |
Top 7 Traded Stocks By Value
Security | Close Price (N) | Number of Trades | Value (N) |
| AIRTELAFRI | 2150.00 | 39 | 4,250,315,762.20 |
| SEPLAT | 2962.30 | 113 | 2,377,866,411.60 |
| MTNN | 224.00 | 222 | 699,816,909.90 |
| GTCO | 40.00 | 330 | 548,653,054.10 |
| ACCESSCORP | 16.95 | 605 | 435,098,521.45 |
| ZENITHBANK | 32.50 | 431 | 160,443,958.85 |
| UBA | 20.90 | 409 | 123,275,254.10 |
OUTLOOK
The Nigerian Equity market closed negative for the week. This is as a result of the increased profit taking by investors observed in the market. However, It is projected that the market could record more mixed sentiment in the week ahead.
