Trading activities in the Nigerian Equities Market closed positive today, Monday (10/06/2024) by 0.58% as the NGX-ASI increased to 99,793.71 from 99,222.33 recorded at the close of the previous trading day; indicating a YTD return of +33.46%.
Similarly, the market capitalization increased by N323.98 billion to 56.452 trillion from N56.128 trillion recorded at the close of the previous trading day while the market turnover also increased to N13.487 billion from N7.353 billion.
The market breadth was positive at 2.90X as 29 stocks advanced and 10 stocks declined, while 79 stocks remained unchanged. FLOURMILL topped the gainers’ list with +10.00%, while ETRANZACT declined by 9.90% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and value for the day.
Read: NGX Price List for Monday, 10th June 2024
MARKET STATISTICS
| CAP | N56,452,173,436,382.78 | One Day (ASI CHG) | 0.58% |
| Index | 99,793.71 | One Week (ASI CHG) | 0.68% |
| Volume | 963,540,754 | One Month (ASI CHG) | 1.59% |
| Value | N13,497,574,792.56 | Six Months (ASI CHG) | 39.24% |
| Deals | 8,657 | 52 Weeks (ASI CHG) | 71.57% |
| Gainers | 29 | Losers | 10 |
| Unchanged | 79 | Total | 118 |
| YTD Returns | +33.46% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.58 |
| NGX30 | 0.68 |
| NGXBNK | 2.71 |
| NGXCNSMRGDS | 0.31 |
| NGXINDUSTR | -0.08 |
| NGXINS | 0.59 |
| NGXLOTUSISLM | -0.16 |
| NGXOILGAS | 3.13 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| FLOURMILL | 38.00 | 41.80 | 3.80 | 10.00 |
| TOTAL | 321.50 | 353.60 | 32.10 | 9.98 |
| ACCESSCORP | 17.25 | 18.95 | 1.70 | 9.86 |
| CHAMS | 1.54 | 1.69 | 0.15 | 9.74 |
| VERITASKAP | 0.63 | 0.69 | 0.06 | 9.52 |
| JBERGER | 82.00 | 89.50 | 7.50 | 9.15 |
| CUTIX | 3.12 | 3.40 | 0.28 | 8.97 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| ETRANZACT | 5.05 | 4.55 | -0.50 | -9.90 |
| DAARCOMM | 0.63 | 0.57 | -0.06 | -9.52 |
| CHAMPION | 3.00 | 2.80 | -0.20 | -6.67 |
| UNITYBNK | 1.20 | 1.12 | -0.08 | -6.67 |
| WAPIC | 0.70 | 0.68 | -0.02 | -2.86 |
| WAPCO | 33.80 | 33.05 | -0.75 | -2.22 |
| TANTALIZER | 0.47 | 0.46 | -0.01 | -2.13 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FIDELITYBK | 9.80 | 417 | 605,256,971 |
| ACCESSCORP | 18.95 | 1032 | 93,067,132 |
| UBA | 21.60 | 670 | 58,725,712 |
| NB | 28.00 | 109 | 45,256,301 |
| ZENITHBANK | 34.80 | 557 | 16,079,102 |
| GTCO | 40.00 | 290 | 12,179,083 |
| OANDO | 14.60 | 423 | 11,919,259 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| FIDELITYBK | 9.80 | 417 | 6,025,098,944.65 |
| ACCESSCORP | 18.95 | 1032 | 1,744,326,818.35 |
| NB | 28.00 | 109 | 1,267,161,003.45 |
| UBA | 21.60 | 670 | 1,260,750,556.30 |
| STANBIC | 52.50 | 47 | 572,916,210.05 |
| ZENITHBANK | 34.80 | 557 | 539,552,322.10 |
| GTCO | 40.00 | 290 | 487,241,921.80 |
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.
