Trading activities in the Nigerian Equities Market closed positive today, Thursday (30/05/2024) by 0.46% as the NGX-ASI increased to 99,276.03 from 98,818.04 recorded at the close of the previous trading day; indicating a YTD return of +32.77%
Similarly, the market capitalization increased by N259.08 billion to N56.158 trillion from N55.899 trillion recorded at the close of the previous trading day, and the market turnover increased to N5.436 billion from N4.767 billion.
The market breadth was positive at 2.67X as 32 stocks advanced and 12 stocks declined, while 73 stocks remained unchanged. SEPLAT topped the gainers’ list with +10.00%, while CORNERST declined by -8.81% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Thursday, 30th May 2024
MARKET STATISTICS
| CAP | N56,158,686,129,780.57 | One Day (ASI CHG) | 0.46% |
| Index | 99,276.03 | One Week (ASI CHG) | 1.32% |
| Volume | 309,714,120 | One Month (ASI CHG) | 1.07% |
| Value | N5,436,181,966.37 | Six Months (ASI CHG) | 39.11% |
| Deals | 7,990 | 52 Weeks (ASI CHG) | 77.84% |
| Gainers | 32 | Losers | 12 |
| Unchanged | 73 | Total | 117 |
| YTD Returns | +32.77% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.46 |
| NGX30 | 0.46 |
| NGXBNK | 1.37 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.43 |
| NGXLOTUSISLM | 0.09 |
| NGXOILGAS | 5.98 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| SEPLAT | 3,100.00 | 3,410.00 | 310.00 | 10.00 |
| INTENEGINS | 1.40 | 1.54 | 0.14 | 10.00 |
| ETERNA | 11.15 | 12.25 | 1.10 | 9.87 |
| CONHALLPLC | 1.22 | 1.34 | 0.12 | 9.84 |
| JAPAULGOLD | 1.85 | 2.03 | 0.18 | 9.73 |
| NEM | 7.20 | 7.90 | 0.70 | 9.72 |
| OMATEK | 0.59 | 0.64 | 0.05 | 8.47 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CORNERST | 1.93 | 1.76 | -0.17 | -8.81 |
| INTBREW | 4.00 | 3.65 | -0.35 | -8.75 |
| PRESTIGE | 0.59 | 0.54 | -0.05 | -8.47 |
| UNIVINSURE | 0.35 | 0.33 | -0.02 | -5.71 |
| STERLINGNG | 4.20 | 4.03 | -0.17 | -4.05 |
| TRANSCORP | 11.75 | 11.60 | -0.15 | -1.28 |
| MANSARD | 5.35 | 5.30 | -0.05 | -0.93 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 17.20 | 754 | 51,777,439 |
| ZENITHBANK | 33.00 | 509 | 39,227,332 |
| UNIVINSURE | 0.33 | 56 | 21,187,488 |
| FCMB | 7.95 | 163 | 20,885,651 |
| FIDELITYBK | 9.90 | 214 | 19,121,048 |
| UBA | 22.60 | 534 | 17,221,527 |
| GTCO | 39.80 | 308 | 14,406,732 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ZENITHBANK | 33.00 | 509 | 1,306,264,487.00 |
| ACCESSCORP | 17.20 | 754 | 890,330,245.05 |
| SEPLAT | 3,410.00 | 67 | 602,055,591.80 |
| GTCO | 39.80 | 308 | 564,139,828.10 |
| UBA | 22.60 | 534 | 388,305,336.95 |
| FIDELITYBK | 9.90 | 214 | 187,292,634.10 |
| WAPCO | 33.80 | 66 | 173,663,234.25 |
OUTLOOK
Trading session on the Nigerian Exchange experienced another uptick for the day. The market resilience is evident with many stocks showing signs of stability and growth . We anticipate better performance as we approach the end of the week.
