Trading activities in the Nigerian Equities Market closed positive today, Friday (09/02/2024) by 0.62% as the NGX-ASI increased to 101,858.37 from 101,227.42 recorded at the close of the previous trading day; indicating a YTD return of +34.04%.
The market performance for the week decreased by 2.45% to 101,858.37 from 104,421.23 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N345.11Billion to N55.73trillion from N55.39 trillion recorded at the close of the previous trading day, while, the market turnover increased to N7.354 billion from N7.172 billion.
The market breadth was positive at 1.41X as 38 stocks advanced and 27 stocks declined, while 53 stocks remained unchanged. MAYBAKER topped the gainers’ list with +10.00%, while ETERNA declined by -9.80% to lead the losers’ chart.
TRANSCORP recorded the highest volume while GEREGU recorded the highest value for the day.
Read: NGX Price List for Friday, 9th February 2024
MARKET STATISTICS
| CAP | N55,735,396,893,764.07 | One Day (ASI CHG) | 0.62% |
| Index | 101,858.37 | One Week (ASI CHG) | -2.45% |
| Volume | 321,887,285 | One Month (ASI CHG) | 24.18% |
| Value | N7,354,256,488.22 | Six Months (ASI CHG) | 55.92% |
| Deals | 8,925 | 52 Weeks (ASI CHG) | 87.38% |
| Gainers | 38 | Losers | 27 |
| Unchanged | 53 | Total | 118 |
| YTD Returns | +34.04% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.62 |
| NGX30 | 0.65 |
| NGXBNK | 1.34 |
| NGXCNSMRGDS | 0.72 |
| NGXINDUSTR | 0.02 |
| NGXINS | 2.69 |
| NGXLOTUSISLM | 0.43 |
| NGXOILGAS | 0.09 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| MAYBAKER | 6.40 | 7.04 | 0.64 | 10.00 |
| GEREGU | 614.90 | 675.90 | 61.00 | 9.92 |
| MEYER | 6.29 | 6.91 | 0.62 | 9.86 |
| VERITASKAP | 0.61 | 0.67 | 0.06 | 9.84 |
| JULI | 0.92 | 1.01 | 0.09 | 9.78 |
| CONHALLPLC | 1.44 | 1.58 | 0.14 | 9.72 |
| DEAPCAP | 0.64 | 0.70 | 0.06 | 9.38 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| ETERNA | 19.90 | 17.95 | -1.95 | -9.80 |
| IMG | 14.40 | 13.05 | -1.35 | -9.38 |
| DAARCOMM | 0.76 | 0.69 | -0.07 | -9.21 |
| NEIMETH | 1.98 | 1.80 | -0.18 | -9.09 |
| UNITYBNK | 2.52 | 2.31 | -0.21 | -8.33 |
| ELLAHLAKES | 3.50 | 3.21 | -0.29 | -8.29 |
| REGALINS | 0.49 | 0.45 | -0.04 | -8.16 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 13.49 | 615 | 33,343,120 |
| UNIVINSURE | 0.37 | 109 | 21,247,578 |
| ETI | 25.90 | 65 | 18,775,438 |
| UBA | 25.45 | 514 | 17,579,753 |
| ACCESSCORP | 24.75 | 447 | 16,197,331 |
| AIICO | 1.18 | 160 | 13,909,883 |
| JAPAULGOLD | 2.80 | 188 | 12,557,661 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GEREGU | 675.90 | 379 | 2,142,042,880.10 |
| ETI | 25.90 | 65 | 486,013,225.60 |
| GTCO | 40.00 | 254 | 479,916,463.60 |
| UBA | 25.45 | 514 | 448,474,218.30 |
| ZENITHBANK | 36.85 | 449 | 441,633,862.85 |
| TRANSCORP | 13.49 | 615 | 439,016,162.54 |
| ACCESSCORP | 24.75 | 447 | 408,129,208.75 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day reversing the previous day loss . We anticipate the local bourse will sustain mixed sentiment in the week ahead.
