Trading activities in the Nigerian Equities Market closed positive today, Monday (27/05/2024) by 0.26% as the NGX-ASI increased to 97,863.34 from 97,612.51 recorded at the close of the previous trading day; indicating a YTD return of +30.88%
Similarly, the market capitalization increased by N141.89 billion to N55.359 trillion from N55.218 trillion recorded at the close of the previous trading day, while the market turnover decreased to N5.940 billion from N15.743 billion.
The market breadth was negative at 0.68X as 15 stocks advanced and 22 stocks declined, while 81 stocks remained unchanged. JOHNHOLT topped the gainers’ list with +9.60%, while CAVERTON declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and highest value for the day.
Read: NGX Price List for Monday, 27th May 2024
MARKET STATISTICS
| CAP | N55,359,418,597,251.92 | One Day (ASI CHG) | 0.26% |
| Index | 97,863.34 | One Week (ASI CHG) | -0.32% |
| Volume | 366,979,725 | One Month (ASI CHG) | -0.30% |
| Value | N5,939,982,423.32 | Six Months (ASI CHG) | 37.15% |
| Deals | 8,031 | 52 Weeks (ASI CHG) | 75.58% |
| Gainers | 15 | Losers | 22 |
| Unchanged | 81 | Total | 118 |
| YTD Returns | +30.88% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.26 |
| NGX30 | 0.29 |
| NGXBNK | 2.45 |
| NGXCNSMRGDS | 0.15 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.72 |
| NGXLOTUSISLM | 0.17 |
| NGXOILGAS | 1.02 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| JOHNHOLT | 1.98 | 2.17 | 0.19 | 9.60 |
| FIDELITYBK | 8.30 | 9.00 | 0.70 | 8.43 |
| CONOIL | 96.90 | 105.00 | 8.10 | 8.36 |
| MBENEFIT | 0.52 | 0.56 | 0.04 | 7.69 |
| JAIZBANK | 2.16 | 2.29 | 0.13 | 6.02 |
| UBA | 19.20 | 20.30 | 1.10 | 5.73 |
| NB | 23.75 | 24.85 | 1.10 | 4.63 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CAVERTON | 1.40 | 1.26 | -0.14 | -10.00 |
| CWG | 6.00 | 5.40 | -0.60 | -10.00 |
| CILEASING | 3.44 | 3.13 | -0.31 | -9.01 |
| RTBRISCOE | 0.48 | 0.44 | -0.04 | -8.33 |
| FTNCOCOA | 1.20 | 1.10 | -0.10 | -8.33 |
| LEARNAFRCA | 3.52 | 3.30 | -0.22 | -6.25 |
| NEM | 7.65 | 7.20 | -0.45 | -5.88 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 16.95 | 602 | 176,230,510 |
| FBNH | 21.10 | 315 | 46,119,654 |
| UBA | 20.30 | 864 | 21,159,519 |
| FIDELITYBK | 9.00 | 287 | 17,727,855 |
| FTNCOCOA | 1.10 | 268 | 10,822,673 |
| VERITASKAP | 0.58 | 26 | 10,225,820 |
| ZENITHBANK | 30.75 | 560 | 8,818,459 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ACCESSCORP | 16.95 | 602 | 2,994,907,439.50 |
| FBNH | 21.10 | 315 | 978,708,763.40 |
| UBA | 20.30 | 864 | 432,833,652.70 |
| ZENITHBANK | 30.75 | 560 | 272,917,413.10 |
| GTCO | 37.75 | 437 | 210,914,447.25 |
| FIDELITYBK | 9.00 | 287 | 156,155,786.60 |
| GUINNESS | 49.75 | 90 | 100,743,219.45 |
OUTLOOK
Nigerian Equities Market closed in green at the close of today’s trade. The upward movements could be attributed to an increased buying interest observed in the market. We project mixed sentiment in market trajectory in the the remaining days of the week.
