Trading activities in the Nigerian Equities Market closed positive today, Friday (31/05/2024) by 0.02% as the NGX-ASI increased to 99,300.38 from 99,276.03 recorded at the close of the previous trading day; indicating a YTD return of +32.80%
The market performance for the week increased by 1.73% to 99,300.38 from 97,612.51 recorded at the beginning of the week.
Similarly, the market capitalization increased by N13.77 billion to N56.172 trillion from N56.158 trillion recorded at the close of the previous trading day, and the market turnover increased to N8.575 billion from N5.436 billion.
The market breadth was positive at 1.47X as 22 stocks advanced and 15 stocks declined, while 81 stocks remained unchanged. UPDC topped the gainers’ list with +9.84%, while CILEASING declined by -10.00% to lead the losers’ chart.
ZENITHBANK recorded the highest volume and value for the day.
Read: NGX Price List for Friday, 31st May 2024
MARKET STATISTICS
| CAP | N56,172,463,099,234 | One Day (ASI CHG) | 0.02% |
| Index | 99,300.38 | One Week (ASI CHG) | 1.73% |
| Volume | 433,997,592 | One Month (ASI CHG) | 1.09% |
| Value | N8,575,279,947.31 | Six Months (ASI CHG) | 39.04% |
| Deals | 8,525 | 52 Weeks (ASI CHG) | 77.94% |
| Gainers | 22 | Losers | 15 |
| Unchanged | 81 | Total | 118 |
| YTD Returns | +32.80% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.02 |
| NGX30 | -0.01 |
| NGXBNK | -0.06 |
| NGXCNSMRGDS | 0.03 |
| NGXINDUSTR | 0.00 |
| NGXINS | 2.26 |
| NGXLOTUSISLM | 0.19 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| UPDC | 1.22 | 1.34 | 0.12 | 9.84 |
| INTENEGINS | 1.54 | 1.69 | 0.15 | 9.74 |
| RTBRISCOE | 0.44 | 0.48 | 0.04 | 9.09 |
| OANDO | 10.90 | 11.80 | 0.90 | 8.26 |
| CORNERST | 1.76 | 1.90 | 0.14 | 7.95 |
| CONHALLPLC | 1.34 | 1.44 | 0.10 | 7.46 |
| SOVRENINS | 0.41 | 0.44 | 0.03 | 7.32 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CILEASING | 3.30 | 2.97 | -0.33 | -10.00 |
| FTNCOCOA | 1.20 | 1.10 | -0.10 | -8.33 |
| LIVESTOCK | 1.77 | 1.65 | -0.12 | -6.78 |
| ELLAHLAKES | 3.17 | 3.00 | -0.17 | -5.36 |
| CHAMS | 1.57 | 1.50 | -0.07 | -4.46 |
| MBENEFIT | 0.54 | 0.52 | -0.02 | -3.70 |
| HONYFLOUR | 3.10 | 3.00 | -0.10 | -3.23 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ZENITHBANK | 33.00 | 459 | 111,130,090 |
| AIICO | 1.01 | 156 | 59,113,853 |
| ACCESSCORP | 17.20 | 743 | 43,412,689 |
| FIDELITYBK | 10.20 | 291 | 36,181,431 |
| GTCO | 40.00 | 347 | 24,161,155 |
| OANDO | 11.80 | 314 | 14,046,522 |
| FCMB | 8.00 | 204 | 13,491,199 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ZENITHBANK | 33.00 | 459 | 3,738,326,076.90 |
| GTCO | 40.00 | 347 | 965,707,395.80 |
| ACCESSCORP | 17.20 | 743 | 746,723,759.35 |
| MTNN | 230.00 | 396 | 662,593,497.80 |
| SEPLAT | 3410.00 | 159 | 383,941,354.30 |
| FIDELITYBK | 10.20 | 291 | 367,565,255.90 |
| NESTLE | 905.00 | 88 | 341,338,598.30 |
OUTLOOK
Trading session on the Nigerian Exchange closed for the week on a high note with a bullish trend, which is expected to impact investors’ sentiment in the week ahead.
