Trading activities in the Nigerian Equities Market closed negative today, Friday (10/05/2024) as the NGX-ASI decreased to 98,233.76 from 98,255.72 recorded at the close of the previous trading day; indicating a YTD return of +31.37%
The market performance for the week decreased by 1.36% to 98,233.76 from 99,587.25 recorded at the beginning of the week.
Similarly, the market capitalization decreased by N8.35 billion to N55.561 trillion from N55.570 trillion recorded at the close of the previous trading day, While the market turnover decreased to N7.521 billion from N16.664 billion.
The market breadth was positive at 1.04X as 25 stocks advanced and 24 stocks declined, while 73 stocks remained unchanged. HONYFLOUR topped the gainers’ list with +9.97%, while MANSARD declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and the highest value for the day.
Read: NGX Price List for Friday, 10th May 2024
MARKET STATISTICS
| CAP | N55,561,703,754,039.30 | One Day (ASI CHG) | -0.02% |
| Index | 98,233.76 | One Week (ASI CHG) | -1.36% |
| Volume | 344,376,189 | One Month (ASI CHG) | -4.67% |
| Value | N7,521,733,496.49 | Six Months (ASI CHG) | 38.65% |
| Deals | 8,497 | 52 Weeks (ASI CHG) | 88.07% |
| Gainers | 25 | Losers | 24 |
| Unchanged | 73 | Total | 122 |
| YTD Returns | +31.37% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.02 |
| NGX30 | -0.03 |
| NGXBNK | 0.53 |
| NGXCNSMRGDS | -0.29 |
| NGXINDUSTR | 0.01 |
| NGXINS | -1.82 |
| NGXLOTUSISLM | 0.02 |
| NGXOILGAS | -0.33 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| HONYFLOUR | 3.01 | 3.31 | 0.30 | 9.97 |
| GUINEAINS | 0.31 | 0.34 | 0.03 | 9.68 |
| INTENEGINS | 1.35 | 1.48 | 0.13 | 9.63 |
| TANTALIZER | 0.42 | 0.46 | 0.04 | 9.52 |
| CUSTODIAN | 8.55 | 9.30 | 0.75 | 8.77 |
| CHAMPION | 3.32 | 3.60 | 0.28 | 8.43 |
| UNITYBNK | 1.69 | 1.83 | 0.14 | 8.28 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| MANSARD | 5.70 | 5.13 | -0.57 | -10.00 |
| PZ | 30.80 | 27.75 | -3.05 | -9.90 |
| ETERNA | 15.15 | 13.65 | -1.50 | -9.90 |
| ABCTRANS | 0.71 | 0.65 | -0.06 | -8.45 |
| REGALINS | 0.37 | 0.34 | -0.03 | -8.11 |
| ELLAHLAKES | 3.30 | 3.05 | -0.25 | -7.58 |
| UPDCREIT | 4.80 | 4.50 | -0.30 | -6.25 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| UBA | 26.40 | 947 | 90,119,606 |
| ACCESSCORP | 17.40 | 800 | 39,585,258 |
| ZENITHBANK | 34.00 | 686 | 35,097,764 |
| MANSARD | 5.13 | 174 | 13,007,786 |
| PRESTIGE | 0.57 | 12 | 12,167,676 |
| TRANSCORP | 12.60 | 339 | 11,767,507 |
| GTCO | 41.45 | 462 | 11,439,966 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| UBA | 26.40 | 947.00 | 2,410,503,208.65 |
| ZENITHBANK | 34.00 | 686.00 | 1,210,885,175.55 |
| ACCESSCORP | 17.40 | 800.00 | 691,140,757.20 |
| MTNN | 220.00 | 233.00 | 524,072,102.10 |
| GTCO | 41.45 | 462.00 | 466,627,286.30 |
| AVAIF | 1,000,000.00 | 1.00 | 450,000,000.00 |
| PRESCO | 291.50 | 158.00 | 274,109,663.60 |
OUTLOOK
Activities on the Nigerian Equities Market closed negative at the end of this week. This could be as a result of the increased profit taking observed in the market, However, we expect the market performance to be mixed in the week ahead.
