Trading activities in the Nigerian Equities Market closed negative today, Tuesday (04/06/2024) by 0.07% as the NGX-ASI decreased to 99,051.02 from 99,118.86 recorded at the close of the previous trading day; indicating a YTD return of +32.47%
Similarly, the market capitalization decreased by N38 billion to N56.032 trillion from N56.070 trillion recorded at the close of the previous trading day, and the market turnover also increased to N7.656 billion from N5.237 billion.
The market breadth was negative at 0.77 as 17 stocks advanced and 22 stocks declined, while 82 stocks remained unchanged. NB topped the gainers’ list with +10.00%, while TANTALIZER declined by -10.00% to lead the losers’ chart.
VERITASKAP recorded the highest volume for the day while AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Tuesday, 4th June 2024
MARKET STATISTICS
| CAP | N56,031,672,362,035.85 | One Day (ASI CHG) | -0.07% |
| Index | 99,051.02 | One Week (ASI CHG) | 0.68% |
| Volume | 347,388,621 | One Month (ASI CHG) | -0.54% |
| Value | N7,656,372,196.32 | Six Months (ASI CHG) | 39.02% |
| Deals | 8,122 | 52 Weeks (ASI CHG) | 76.80% |
| Gainers | 17 | Losers | 22 |
| Unchanged | 82 | Total | 121 |
| YTD Returns | +32.47% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.07 |
| NGX30 | -0.06 |
| NGXBNK | -1.45 |
| NGXCNSMRGDS | 0.36 |
| NGXINDUSTR | 0.00 |
| NGXINS | -1.53 |
| NGXLOTUSISLM | 0.03 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| NB | 26.00 | 28.60 | 2.60 | 10.00 |
| PRESCO | 267.20 | 293.90 | 26.70 | 9.99 |
| OANDO | 12.95 | 14.20 | 1.25 | 9.65 |
| RTBRISCOE | 0.52 | 0.57 | 0.05 | 9.62 |
| DEAPCAP | 0.44 | 0.48 | 0.04 | 9.09 |
| VERITASKAP | 0.64 | 0.69 | 0.05 | 7.81 |
| REGALINS | 0.39 | 0.41 | 0.02 | 5.13 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| TANTALIZER | 0.50 | 0.45 | -0.05 | -10.00 |
| INTENEGINS | 1.75 | 1.58 | -0.17 | -9.71 |
| UPDC | 1.34 | 1.21 | -0.13 | -9.70 |
| UNITYBNK | 1.38 | 1.25 | -0.13 | -9.42 |
| CHAMS | 1.50 | 1.40 | -0.10 | -6.67 |
| CORNERST | 2.09 | 1.97 | -0.12 | -5.74 |
| MANSARD | 5.40 | 5.14 | -0.26 | -4.81 |
| NEIMETH | 1.61 | 1.54 | -0.07 | -4.35 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| VERITASKAP | 0.69 | 72 | 59,174,738 |
| FIDELITYBK | 10.00 | 336 | 48,121,448 |
| OANDO | 14.20 | 201 | 27,959,090 |
| UNITYBNK | 1.25 | 180 | 20,528,758 |
| UBA | 21.00 | 641 | 19,781,835 |
| AIICO | 0.99 | 138 | 17,190,634 |
| ACCESSCORP | 17.15 | 600 | 16,330,122 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value(N) |
| AIRTELAFRI | 2,150.00 | 55 | 2,426,455,738.60 |
| GUINNESS | 49.85 | 57 | 642,232,630.30 |
| SEPLAT | 3,365.50 | 132 | 558,123,607.50 |
| FIDELITYBK | 10.00 | 336 | 468,226,934.25 |
| UBA | 21.00 | 641 | 418,863,650.00 |
| OANDO | 14.20 | 201 | 397,019,078.00 |
| PRESCO | 293.90 | 235 | 351,096,752.50 |
OUTLOOK
Trading session on the Nigerian Exchange closed negative at the end of today’s trading. Extended impact of the NLC face off with the government on the new minimum wage saga could have again influenced the performance of the market. With improved investors’ sentiments in trading into cautious stocks, market is expected to recover from this negative result.
