Trading activities in the Nigerian Equities Market closed negative today, Friday (05/04/2024) by 0.29% as the NGX-ASI decreased to 103,437.67 from 103,736.08 recorded at the close of the previous trading day; indicating a YTD return of +38.33%.
The market performance for the week decreased by 1.08% to 103,437.67 from 104,562.06 recorded at the beginning of the week.
Similarly, the market capitalization decreased today by N155.90 billion to N58.497 trillion from N58.653 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N18.729 billion from N15.639 billion.
The market breadth was negative at 0.55X as 16 stocks advanced and 29 stocks declined, while 71 stocks remained unchanged. CUTIX topped the gainers’ list with +10.00%, while CWG declined by -10.00% to lead the losers’ chart.
ABBEYBDS recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Friday, 5th April 2024
MARKET STATISTICS
| CAP | N58,497,587,708,966.28 | One Day (ASI CHG) | -0.29% |
| Index | 103,437.67 | One Week (ASI CHG) | -1.08% |
| Volume | 2,241,492,018 | One Month (ASI CHG) | 4.64% |
| Value | N18,729,460,264.06 | Six Months (ASI CHG) | 55.65% |
| Deals | 8,527 | 52 Weeks (ASI CHG) | 95.19% |
| Gainers | 16 | Losers | 29 |
| Unchanged | 71 | Total | 116 |
| YTD Returns | +38.33% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.29 |
| NGX30 | -0.29 |
| NGXBNK | -1.78 |
| NGXCNSMRGDS | 0.34 |
| NGXINDUSTR | -0.07 |
| NGXINS | -0.55 |
| NGXLOTUSISLM | 0.03 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| CUTIX | 2.90 | 3.19 | 0.29 | 10.00 |
| TANTALIZER | 0.35 | 0.38 | 0.03 | 8.57 |
| CILEASING | 3.50 | 3.70 | 0.20 | 5.71 |
| DANGSUGAR | 56.00 | 59.00 | 3.00 | 5.36 |
| RTBRISCOE | 0.56 | 0.59 | 0.03 | 5.36 |
| ABBEYBDS | 2.65 | 2.77 | 0.12 | 4.53 |
| NGXGROUP | 23.00 | 24.00 | 1.00 | 4.35 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| CWG | 7.50 | 6.75 | -0.75 | -10.00 |
| NSLTECH | 0.64 | 0.58 | -0.06 | -9.38 |
| OMATEK | 0.86 | 0.78 | -0.08 | -9.30 |
| SCOA | 2.36 | 2.15 | -0.21 | -8.90 |
| UPDC | 1.48 | 1.37 | -0.11 | -7.43 |
| LASACO | 2.14 | 2.01 | -0.13 | -6.07 |
| FCMB | 8.70 | 8.20 | -0.50 | -5.75 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ABBEYBDS | 2.77 | 56 | 1,402,276,197 |
| ZENITHBANK | 42.50 | 482 | 86,218,968 |
| GTCO | 48.00 | 437 | 58,447,947 |
| UBA | 26.50 | 453 | 51,378,306 |
| ACCESSCORP | 22.60 | 807 | 46,821,181 |
| NB | 28.90 | 158 | 17,689,846 |
| TRANSCORP | 13.55 | 389 | 14,778,649 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| ZENITHBANK | 42.50 | 482 | 3,660,147,216.95 |
| ABBEYBDS | 2.77 | 56 | 3,451,749,359.66 |
| GTCO | 48.00 | 437 | 2,807,457,972.15 |
| UBA | 26.50 | 453 | 1,354,219,759.90 |
| MTNN | 227.00 | 339 | 1,315,901,215.50 |
| ACCESSCORP | 22.60 | 807 | 1,061,923,169.10 |
| TRANSPOWER | 377.00 | 202 | 588,193,419.50 |
OUTLOOK
Trading session on the Nigerian Exchange closed in red at the close of today’s trading .As investors await more corporate actions, we expect a mixed sentiment in the week ahead.
