Trading activities in the Nigerian Equities Market closed negative today, Tuesday (20/02/2024) by 1.30% as the NGX-ASI decreased to 101,060.67 from 102,393.23 recorded at the close of the previous trading day; indicating a YTD return of +35.16%.
Similarly, the market capitalization decreased today by N729.10 billion to N55.299 trillion from N56.028 trillion recorded at the close of the previous trading day, While, the market turnover decreased to N6.410 billion from N7.440 billion.
The market breadth was negative at 0.19X as 8 stocks advanced and 43 stocks declined, while 63 stocks remained unchanged. JULI topped the gainers’ list with +9.94%, while HONYFLOUR declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume while GEREGU recorded the highest value for the day.
Read: NGX Price List for Tuesday, 20th February 2024
MARKET STATISTICS
| CAP | N55,298,909,681,326.82 | One Day (ASI CHG) | -1.30% |
| Index | 101,060.67 | One Week (ASI CHG) | -0.64% |
| Volume | 249,101,494 | One Month (ASI CHG) | 6.90% |
| Value | N6,409,937,465.82 | Six Months (ASI CHG) | 54.32% |
| Deals | 8,607 | 52 Weeks (ASI CHG) | 86.38% |
| Gainers | 8 | Losers | 43 |
| Unchanged | 63 | Total | 114 |
| YTD Returns | +36.47% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.30 |
| NGX30 | -1.33 |
| NGXBNK | -2.37 |
| NGXCNSMRGDS | -0.87 |
| NGXINDUSTR | -3.62 |
| NGXINS | -3.89 |
| NGXLOTUSISLM | -0.73 |
| NGXOILGAS | 0.21 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| JULI | 1.61 | 1.77 | 0.16 | 9.94 |
| ETERNA | 16.20 | 17.20 | 1.00 | 6.17 |
| VERITASKAP | 0.67 | 0.71 | 0.04 | 5.97 |
| GEREGU | 950.00 | 985.00 | 35.00 | 3.68 |
| TANTALIZER | 0.38 | 0.39 | 0.01 | 2.63 |
| NSLTECH | 0.64 | 0.65 | 0.01 | 1.56 |
| ELLAHLAKES | 3.06 | 3.10 | 0.04 | 1.31 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| HONYFLOUR | 4.00 | 3.60 | -0.40 | -10.00 |
| BUACEMENT | 158.80 | 142.95 | -15.85 | -9.98 |
| PZ | 30.25 | 27.30 | -2.95 | -9.75 |
| UPDCREIT | 5.90 | 5.35 | -0.55 | -9.32 |
| NEM | 6.95 | 6.35 | -0.60 | -8.63 |
| UNILEVER | 16.50 | 15.10 | -1.40 | -8.48 |
| RTBRISCOE | 0.59 | 0.54 | -0.05 | -8.47 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 13.8 | 640 | 39,746,190 |
| UBA | 24.45 | 470 | 26,025,764 |
| FIDELITYBK | 10.7 | 260 | 25,477,456 |
| ZENITHBANK | 35.7 | 469 | 21,009,508 |
| GTCO | 39 | 336 | 13,798,165 |
| VERITASKAP | 0.67 | 97 | 11,828,231 |
| AIICO | 1.15 | 128 | 11,275,786 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GEREGU | 985 | 240 | 1,111,390,991.80 |
| ZENITHBANK | 35.65 | 469 | 750,539,964.25 |
| AIRTELAFRI | 2200 | 56 | 656,976,213.00 |
| UBA | 23.95 | 470 | 624,495,160.05 |
| GTCO | 38.85 | 336 | 535,511,616.55 |
| TRANSCORP | 13 | 640 | 528,451,021.47 |
| SEPLAT | 3370 | 89 | 308,667,450.20 |
OUTLOOK
The Equities market closed its second consecutive trading day in red. This could be as a result of the increased profit taking trend observed in the market by investors. We expect mixed sentiment in the remaining days of the week.
