Trading activities in the Nigerian Equities Market closed positive today, Thursday (7/03/2024) by 0.75% as the NGX-ASI increased to 100,335.30 from 99,591.64 recorded at the close of the previous trading day; indicating a YTD return of +34.19%.
Similarly, the market capitalization increased today by N420.47 billion to N56.731 billion from 56.310 trillion recorded at the close of the previous trading day, While, the market turnover decreased to N17.731 billion from N19.508 billion.
The market breadth was negative at 0.79X as 26 stocks advanced and 33 stocks declined, while 59 stocks remained unchanged. MTNN topped the gainers’ list with +10.00%, while FTNCOCOA declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Thursday, 7th March 2024
MARKET STATISTICS
| CAP | N56,083,261,367,187.10 | One Day (ASI CHG) | 0.75% |
| Index | 100,335.30 | One Week (ASI CHG) | 0.36% |
| Volume | 554,716,666 | One Month (ASI CHG) | -1.73% |
| Value | N17,731,277,056.76 | Six Months (ASI CHG) | 47.37% |
| Deals | 9,708 | 52 Weeks (ASI CHG) | 79.81% |
| Gainers | 26 | Losers | 33 |
| Unchanged | 59 | Total | 118 |
| YTD Returns | +34.19% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.75 |
| NGX30 | 0.14 |
| NGXBNK | -2.57 |
| NGXCNSMRGDS | 0.62 |
| NGXINDUSTR | 0.01 |
| NGXINS | -0.15 |
| NGXLOTUSISLM | 0.65 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| MTNN | 183.00 | 201.30 | 18.30 | 10.00 |
| DANGSUGAR | 46.00 | 50.60 | 4.60 | 10.00 |
| TRANSPOWER | 319.40 | 351.30 | 31.90 | 9.99 |
| JULI | 4.52 | 4.97 | 0.45 | 9.96 |
| NASCON | 43.35 | 47.65 | 4.30 | 9.92 |
| CORNERST | 1.83 | 2.00 | 0.17 | 9.29 |
| INTENEGINS | 1.52 | 1.66 | 0.14 | 9.21 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| FTNCOCOA | 1.70 | 1.53 | -0.17 | -10.00 |
| GUINNESS | 51.00 | 45.90 | -5.10 | -10.00 |
| TRANSCORP | 18.99 | 17.10 | -1.89 | -9.95 |
| IKEJAHOTEL | 6.75 | 6.08 | -0.67 | -9.93 |
| REDSTAREX | 3.75 | 3.38 | -0.37 | -9.87 |
| NEM | 6.60 | 5.95 | -0.65 | -9.85 |
| UPL | 2.68 | 2.42 | -0.26 | -9.70 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 17.10 | 2184 | 301,362,962 |
| STERLINGNG | 4.40 | 191 | 33,320,260 |
| FBNH | 32.75 | 402 | 23,211,154 |
| UBA | 21.50 | 476 | 18,377,229 |
| ZENITHBANK | 33.95 | 481 | 17,080,193 |
| JAIZBANK | 1.98 | 163 | 14,558,022 |
| WEMABANK | 7.28 | 223 | 13,222,336 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| TRANSCORP | 17.10 | 2184 | 5,650,088,395.25 |
| DANGCEM | 686.70 | 141 | 4,231,489,112.20 |
| TRANSPOWER | 351.30 | 349 | 3,914,039,161.80 |
| FBNH | 32.75 | 402 | 773,912,097.05 |
| ZENITHBANK | 33.95 | 481 | 583,927,285.20 |
| UBA | 21.50 | 476 | 400,298,929.25 |
| MTNN | 201.30 | 472 | 394,147,084.50 |
OUTLOOK
Equities market closed positive at the end of today’s trading. It is expected that the market performance will close the trading week in the positive direction.
