Trading activities in the Nigerian Equities Market closed negative today, Tuesday (11/06/2024) by 0.16% as the NGX-ASI decreased to 99,630.51 from 99,793.71 recorded at the close of the previous trading day; indicating a YTD return of +33.24%.
Similarly, the market capitalization decreased by N92.31 billion to N56.360 trillion from N56.452 trillion recorded at the close of the previous trading day while the market turnover increased to N16.551 billion from N13.498 billion.
The market breadth was positive at 1.61X as 29 stocks advanced and 18 stocks declined, while 74 stocks remained unchanged. TOTAL topped the gainers’ list with +9.98%, while NASCON declined by 9.91% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 11th June 2024
MARKET STATISTICS
| CAP | N56,359,857,702,142.29 | One Day (ASI CHG) | -0.16% |
| Index | 99,630.51 | One Week (ASI CHG) | 0.59% |
| Volume | 848,965,335 | One Month (ASI CHG) | 1.42% |
| Value | N16,551,035,805.29 | Six Months (ASI CHG) | 38.55% |
| Deals | 8,064 | 52 Weeks (ASI CHG) | 66.09% |
| Gainers | 29 | Losers | 18 |
| Unchanged | 74 | Total | 121 |
| YTD Returns | +33.24% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.16 |
| NGX30 | -0.15 |
| NGXBNK | 0.71 |
| NGXCNSMRGDS | 0.10 |
| NGXINDUSTR | 0.01 |
| NGXINS | 1.17 |
| NGXLOTUSISLM | -0.33 |
| NGXOILGAS | 2.08 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| TOTAL | 353.60 | 388.90 | 35.30 | 9.98 |
| PRESCO | 293.90 | 323.20 | 29.30 | 9.97 |
| UPDC | 1.21 | 1.33 | 0.12 | 9.92 |
| FTNCOCOA | 1.14 | 1.25 | 0.11 | 9.65 |
| CHAMS | 1.69 | 1.85 | 0.16 | 9.47 |
| LINKASSURE | 0.77 | 0.84 | 0.07 | 9.09 |
| CUTIX | 3.40 | 3.70 | 0.30 | 8.82 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| NASCON | 40.85 | 36.80 | -4.05 | -9.91 |
| THOMASWY | 1.76 | 1.59 | -0.17 | -9.66 |
| MAYBAKER | 6.03 | 5.60 | -0.43 | -7.13 |
| CILEASING | 3.00 | 2.80 | -0.20 | -6.67 |
| CONHALLPLC | 1.44 | 1.38 | -0.06 | -4.17 |
| MTNN | 230.00 | 220.70 | -9.30 | -4.04 |
| ROYALEX | 0.61 | 0.59 | -0.02 | -3.28 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FIDELITYBK | 10.00 | 340 | 293,180,239 |
| NB | 29.00 | 145 | 101,583,949 |
| ZENITHBANK | 35.00 | 568 | 74,277,519 |
| ETI | 23.70 | 69 | 62,456,841 |
| ACCESSCORP | 19.30 | 878 | 51,900,834 |
| AIICO | 0.98 | 117 | 39,688,721 |
| GTCO | 41.05 | 247 | 33,823,760 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| FIDELITYBK | 10.00 | 340 | 2,927,837,869.60 |
| NB | 29.00 | 145 | 2,905,373,884.65 |
| ZENITHBANK | 35.00 | 568 | 2,565,334,653.45 |
| SEPLAT | 3450.00 | 91 | 1,799,281,133.20 |
| ETI | 23.70 | 69 | 1,478,580,568.90 |
| GTCO | 41.05 | 247 | 1,370,598,687.10 |
| ACCESSCORP | 19.30 | 878 | 1,004,350,204.20 |
OUTLOOK
Nigerian Equities Market was negative at the close of today’s trade. This could be attributed to an increased selloff interest observed in the market. We project the market performance to be mixed in the remaining days of the week.
