Trading activities in the Nigerian Equities Market closed positive today, Wednesday (29/05/2024) by 0.44% as the NGX-ASI increased to 98,818.04 from 98,383.04 recorded at the close of the previous trading day; indicating a YTD return of +32.16%
Similarly, the market capitalization increased by N246.07 billion to N55.899 trillion from N55.653 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.767 billion from N6.584 billion.
The market breadth was positive at 2X as 30 stocks advanced and 15 stocks declined, while 75 stocks remained unchanged. ABBEYBDS topped the gainers’ list with +9.76%, while INTENEGINS declined by -9.68% to lead the losers’ chart.
ABBEYBDS recorded the highest volume and ACCESSCORP recorded the highest value for the day.
Read: NGX Price List for Wednesday, 29th May 2024
MARKET STATISTICS
| CAP | N55,899,608,829,608.46 | One Day (ASI CHG) | 0.44% |
| Index | 98,818.04 | One Week (ASI CHG) | 0.70% |
| Volume | 518,948,393 | One Month (ASI CHG) | 0.96% |
| Value | N4,767,087,010.32 | Six Months (ASI CHG) | 38.62% |
| Deals | 7,990 | 52 Weeks (ASI CHG) | 77.07% |
| Gainers | 30 | Losers | 15 |
| Unchanged | 75 | Total | 120 |
| YTD Returns | +32.16% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.44 |
| NGX30 | 0.46 |
| NGXBNK | 2.30 |
| NGXCNSMRGDS | 0.85 |
| NGXINDUSTR | 0.08 |
| NGXINS | 1.14 |
| NGXLOTUSISLM | 0.05 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| ABBEYBDS | 2.46 | 2.70 | 0.24 | 9.76 |
| NASCON | 37.25 | 40.85 | 3.60 | 9.66 |
| FCMB | 6.75 | 7.40 | 0.65 | 9.63 |
| INTBREW | 3.65 | 4.00 | 0.35 | 9.59 |
| DANGSUGAR | 42.90 | 47.00 | 4.10 | 9.56 |
| WAPIC | 0.64 | 0.70 | 0.06 | 9.37 |
| CAVERTON | 1.26 | 1.37 | 0.11 | 8.73 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| INTENEGINS | 1.55 | 1.40 | -0.15 | -9.68 |
| JAIZBANK | 2.30 | 2.15 | -0.15 | -6.52 |
| TANTALIZER | 0.50 | 0.47 | -0.03 | -6.00 |
| NPFMCRFBK | 1.70 | 1.60 | -0.10 | -5.88 |
| FIDSON | 15.75 | 14.90 | -0.85 | -5.40 |
| OMATEK | 0.62 | 0.59 | -0.03 | -4.84 |
| GUINEAINS | 0.31 | 0.30 | -0.01 | -3.23 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ABBEYBDS | 2.70 | 29 | 230,345,971 |
| ACCESSCORP | 17.15 | 861 | 80,992,662 |
| UBA | 22.30 | 742 | 23,901,259 |
| FCMB | 7.40 | 178 | 18,656,892 |
| FIDELITYBK | 9.50 | 224 | 16,379,350 |
| UNIVINSURE | 0.35 | 50 | 15,930,412 |
| ZENITHBANK | 32.50 | 537 | 13,658,169 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ACCESSCORP | 17.15 | 861.00 | 1,391,615,513.40 |
| ABBEYBDS | 2.70 | 29.00 | 621,911,750.28 |
| UBA | 22.30 | 742.00 | 541,686,580.80 |
| GTCO | 39.00 | 371.00 | 475,003,413.95 |
| ZENITHBANK | 32.50 | 537.00 | 445,386,034.55 |
| FBNH | 23.10 | 319.00 | 179,428,637.65 |
| FIDELITYBK | 9.50 | 224.00 | 154,844,598.35 |
OUTLOOK
Trading session on the Nigerian Exchange closed positive for the day. As the spate of right issues continues. We anticipate a better performance in the remaining days of the week.
