Trading activities in the Nigerian Equities Market closed positive today, Friday (07/06/2024) by 0.09% as the NGX-ASI increased to 99,222.33 from 99,134.85 recorded at the close of the previous trading day; indicating a YTD return of +32.70%.
The market performance for the week decreased by 0.08% to 99,222.33 from 99,300.38 recorded at the beginning of the week.
Similarly, the market capitalization increased by N49.10 billion to 56.12 trillion from N56.08 trillion recorded at the close of the previous trading day while the market turnover also increased to N7.353 billion from N5.385 billion.
The market breadth was positive at 1.24X as 21 stocks advanced and 17 stocks declined, while 84 stocks remained unchanged. CHAMS topped the gainers’ list with +10.00%, while ROYALEX declined by 9.68% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and ZENITHBANK recorded highest value for the day.
Read: NGX Price List for Friday, 7th June 2024
MARKET STATISTICS
| CAP | N56,128,191,537,472.10 | One Day (ASI CHG) | 0.09% |
| Index | 99,221.14 | One Week (ASI CHG) | -0.08% |
| Volume | 388,015,673 | One Month (ASI CHG) | 1.01% |
| Value | N7,353,437,736.28 | Six Months (ASI CHG) | 38.69% |
| Deals | 7,106 | 52 Weeks (ASI CHG) | 77.40% |
| Gainers | 21 | Losers | 17 |
| Unchanged | 84 | Total | 122 |
| YTD Returns | +32.70% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.09 |
| NGX30 | 0.08 |
| NGXBNK | 0.57 |
| NGXCNSMRGDS | -0.03 |
| NGXINDUSTR | 0.09 |
| NGXINS | -0.51 |
| NGXLOTUSISLM | 0.24 |
| NGXOILGAS | 0.05 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| CHAMS | 1.4 | 1.54 | 0.14 | 10.00 |
| ETI | 22 | 23.85 | 1.85 | 8.41 |
| INTENEGINS | 1.43 | 1.53 | 0.1 | 6.99 |
| CAVERTON | 1.3 | 1.39 | 0.09 | 6.92 |
| OMATEK | 0.58 | 0.62 | 0.04 | 6.90 |
| TANTALIZER | 0.44 | 0.47 | 0.03 | 6.82 |
| FTNCOCOA | 1.08 | 1.14 | 0.06 | 5.56 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| ROYALEX | 0.62 | 0.56 | -0.06 | -9.68 |
| PRESTIGE | 0.55 | 0.5 | -0.05 | -9.09 |
| VERITASKAP | 0.69 | 0.63 | -0.06 | -8.70 |
| UNIVINSURE | 0.35 | 0.33 | -0.02 | -5.71 |
| FIDELITYBK | 9.75 | 9.2 | -0.55 | -5.64 |
| MBENEFIT | 0.56 | 0.53 | -0.03 | -5.36 |
| SUNUASSUR | 1.2 | 1.15 | -0.05 | -4.17 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| ACCESSCORP | 17.25 | 458 | 81,028,761 |
| ZENITHBANK | 33.25 | 505 | 43,241,262 |
| FIDELITYBK | 9.2 | 272 | 34,961,513 |
| OANDO | 14.6 | 647 | 33,778,459 |
| NB | 27.35 | 108 | 32,451,290 |
| UBA | 21 | 463 | 26,561,491 |
| CUSTODIAN | 10.5 | 103 | 21,063,758 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ZENITHBANK | 33.25 | 505 | 1,427,074,376.60 |
| ACCESSCORP | 17.25 | 458 | 1,394,621,459.80 |
| NB | 27.35 | 108 | 908,235,069.05 |
| UBA | 21 | 463 | 557,453,620.75 |
| GTCO | 39.95 | 249 | 527,514,515.60 |
| OANDO | 14.6 | 647 | 506,028,628.15 |
| FIDELITYBK | 9.2 | 272 | 326,954,611.75 |
OUTLOOK
Trading session on the Nigerian Exchange closed positive at the end of today’s trading. We expect next week’s market performance to be impacted by the resolution from NLC decision.
