Trading activities in the Nigerian Equities Market closed positive today, Tuesday (23/01/2024) by 2.97% as the NGX-ASI increased to 98,616.97 from 95,768.12 recorded at the close of the previous trading day; indicating a YTD return of +29.77%.
Similarly, the market capitalization increased today by N1.559 trillion to N53.967 trillion from N52.408 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N16.076 billion from N14.408 billion.
The market breadth was positive at 0.30X as 17 stocks advanced and 57 stocks declined, while 45 stocks remained unchanged. SEPLAT topped the gainers’ list with +10.00%, while VERITASKAP declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume while DANGCEM recorded the highest value for the day.
Read: NGX Price List for Tuesday, 23rd January 2024
MARKET STATISTICS
| CAP | N53,967,115,532,669.44 | One Day (ASI CHG) | +2.97% |
| Index | 98,616.97 | One Week (ASI CHG) | +12.10% |
| Volume | 747,514,672 | One Month (ASI CHG) | +33.22% |
| Value | N16,276,236,390.14 | Six Months (ASI CHG) | +49.44% |
| Deals | 16,589 | 52 Weeks (ASI CHG) | +87.28% |
| Gainers | 17 | Losers | 57 |
| Unchanged | 45 | Total | 119 |
| YTD Returns | +29.77% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 2.97 |
| NGX30 | 3.02 |
| NGXBNK | -2.66 |
| NGXCNSMRGDS | 1.88 |
| NGXINDUSTR | 8.96 |
| NGXINS | -4.68 |
| NGXLOTUSISLM | 3.31 |
| NGXOILGAS | 5.56 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| SEPLAT | 2,541.00 | 2,795.10 | 254.10 | 10.00 |
| BUACEMENT | 148.50 | 163.35 | 14.85 | 10.00 |
| DANGCEM | 592.60 | 651.80 | 59.20 | 9.99 |
| ETERNA | 25.20 | 27.70 | 2.50 | 9.92 |
| MEYER | 3.24 | 3.56 | 0.32 | 9.88 |
| TRIPPLEG | 2.35 | 2.58 | 0.23 | 9.79 |
| PRESTIGE | 0.56 | 0.61 | 0.05 | 8.93 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| VERITASKAP | 0.70 | 0.63 | -0.07 | -10.00 |
| MBENEFIT | 0.80 | 0.72 | -0.08 | -10.00 |
| DEAPCAP | 0.90 | 0.81 | -0.09 | -10.00 |
| JOHNHOLT | 3.00 | 2.70 | -0.30 | -10.00 |
| MAYBAKER | 8.20 | 7.38 | -0.82 | -10.00 |
| PZ | 35.00 | 31.50 | -3.50 | -10.00 |
| TRANSCORP | 18.21 | 16.39 | -1.82 | -9.99 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 16.39 | 1,182 | 77,710,722 |
| STERLINGNG | 6.79 | 473 | 72,310,930 |
| UBA | 30.00 | 783 | 52,699,658 |
| ACCESSCORP | 28.75 | 785 | 47,166,205 |
| ZENITHBANK | 42.05 | 758 | 32,026,858 |
| JAIZBANK | 2.80 | 381 | 31,406,399 |
| VERITASKAP | 0.63 | 108 | 30,697,190 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| DANGCEM | 651.80 | 916 | 3,108,530,605.90 |
| UBA | 30.00 | 783 | 1,579,893,783.90 |
| ACCESSCORP | 28.75 | 785 | 1,352,792,487.25 |
| ZENITHBANK | 42.05 | 758 | 1,343,902,023.35 |
| TRANSCORP | 16.39 | 1182 | 1,291,570,130.18 |
| MTNN | 293.90 | 418 | 883,333,616.20 |
| GTCO | 42.55 | 626 | 842,988,004.05 |
OUTLOOK
Market sentiment remains in the green as the equities market continues to gain. Thus, we expect positive sentiment to continue to drive the market, as bargain hunting continues.
