Trading activities in the Nigerian Equities Market closed positive today, Tuesday (21/05/2024) by 0.11% as the NGX-ASI increased to 98,285.33 from 98,176.58 recorded at the close of the previous trading day; indicating a YTD return of +31.44%
Similarly, the market capitalization increased by N61.66 billion to N55.597 trillion from N55.536 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.148 billion from N6.689 billion.
The market breadth was negative at 0.95X as 19 stocks advanced and 20 stocks declined, while 79 stocks remained unchanged. BERGER topped the gainers’ list with +9.96%, while INTENEGINS declined by -9.70% to lead the losers’ chart.
GTCO recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 21st May 2024
MARKET STATISTICS
| CAP | N55,597,857,508,007.75 | One Day (ASI CHG) | +0.11% |
| Index | 98,285.33 | One Week (ASI CHG) | 0.83% |
| Volume | 222,899,152 | One Month (ASI CHG) | -1.26% |
| Value | N5,148,870,712.54 | Six Months (ASI CHG) | +38.30% |
| Deals | 7,228 | 52 Weeks (ASI CHG) | +85.70% |
| Gainers | 19 | Losers | 20 |
| Unchanged | 79 | Total | 118 |
| YTD Returns | +31.44% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.11 |
| NGX30 | 0.08 |
| NGXBNK | 0.16 |
| NGXCNSMRGDS | 0.79 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.38 |
| NGXLOTUSISLM | 0.02 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| BERGER | 13.55 | 14.90 | 1.35 | 9.96 |
| NESTLE | 820.00 | 900.00 | 80.00 | 9.76 |
| SOVRENINS | 0.37 | 0.40 | 0.03 | 8.11 |
| ROYALEX | 0.56 | 0.60 | 0.04 | 7.14 |
| TANTALIZER | 0.47 | 0.50 | 0.03 | 6.38 |
| REGALINS | 0.34 | 0.36 | 0.02 | 5.88 |
| NGXGROUP | 22.05 | 23.30 | 1.25 | 5.67 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| INTENEGINS | 1.65 | 1.49 | -0.16 | -9.70 |
| DEAPCAP | 0.48 | 0.44 | -0.04 | -8.33 |
| UPDC | 1.30 | 1.20 | -0.10 | -7.69 |
| WAPIC | 0.69 | 0.64 | -0.05 | -7.25 |
| STERLINGNG | 4.48 | 4.20 | -0.28 | -6.25 |
| CUSTODIAN | 10.20 | 9.60 | -0.60 | -5.88 |
| TRANSCORP | 11.60 | 11.15 | -0.45 | -3.88 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| GTCO | 39.40 | 332 | 40,638,718 |
| ACCESSCORP | 16.95 | 712 | 27,516,723 |
| UBA | 20.80 | 615 | 23,961,871 |
| TRANSCORP | 11.15 | 316 | 22,831,046 |
| JAIZBANK | 2.08 | 173 | 11,550,295 |
| ZENITHBANK | 32.50 | 514 | 7,698,224 |
| UNIVINSURE | 0.35 | 29 | 7,188,280 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GTCO | 39.40 | 332 | 1,616,280,859 |
| MTNN | 230.50 | 317 | 506,375,870 |
| UBA | 20.80 | 615 | 502,443,640 |
| ACCESSCORP | 16.95 | 712 | 469,129,617 |
| NESTLE | 900.00 | 76 | 431,635,968 |
| TRANSCORP | 11.15 | 316 | 260,675,308 |
| ZENITHBANK | 32.50 | 514 | 251,583,537 |
OUTLOOK
Trading session on the Nigerian Exchange closed positive for the day even as the MPC communique decided to raise the interest rate to 26.25 per cent. As the next treasury bills auction set to take place tomorrow, we are anticipating a turmoil in market performance for the remaining days of the week.
