Trading activities in the Nigerian Equities Market closed negative today, Thursday (06/06/2024) by 0.15% as the NGX-ASI decreased to 99,134.85 from 99,284.38 recorded at the close of the previous trading day; indicating a YTD return of +32.58%
Similarly, the market capitalization decreased by N84.59 billion to 56.079 trillion from N56.163 trillion recorded at the close of the previous trading day while the market turnover also increased to N5.385 billion from N4.862 billion.
The market breadth was negative at X0.94 as 17 stocks advanced and 18 stocks declined, while 80 stocks remained unchanged. OANDO topped the gainers’ list with +9.77%, while MAYBAKER declined by 10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and GUINNESS recorded highest value for the day.
Read: NGX Price List for Thursday, 6th June 2024
MARKET STATISTICS
| CAP | N56,079,093,651,942.38 | One Day (ASI CHG) | -0.15% |
| Index | 99,134.85 | One Week (ASI CHG) | -0.14% |
| Volume | 309,806,091 | One Month (ASI CHG) | 0.44% |
| Value | N5,385,043,947.24 | Six Months (ASI CHG) | 38.73% |
| Deals | 6,765 | 52 Weeks (ASI CHG) | 77.25% |
| Gainers | 17 | Losers | 18 |
| Unchanged | 80 | Total | 115 |
| YTD Returns | +32.58% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.15 |
| NGX30 | -0.23 |
| NGXBNK | -1.3 |
| NGXCNSMRGDS | -0.09 |
| NGXINDUSTR | 0.00 |
| NGXINS | 1.66 |
| NGXLOTUSISLM | -0.12 |
| NGXOILGAS | 0.28 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| OANDO | 12.80 | 14.05 | 1.25 | 9.77 |
| ETERNA | 13.45 | 14.75 | 1.30 | 9.67 |
| VERITASKAP | 0.63 | 0.69 | 0.06 | 9.52 |
| NEM | 8.00 | 8.70 | 0.70 | 8.75 |
| WAPIC | 0.64 | 0.68 | 0.04 | 6.25 |
| PRESTIGE | 0.52 | 0.55 | 0.03 | 5.77 |
| RTBRISCOE | 0.57 | 0.60 | 0.03 | 5.26 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| MAYBAKER | 6.70 | 6.03 | -0.67 | -10.00 |
| FIDELITYBK | 10.80 | 9.75 | -1.05 | -9.72 |
| SOVRENINS | 0.42 | 0.38 | -0.04 | -9.52 |
| STANBIC | 57.00 | 52.00 | -5.00 | -8.77 |
| SUNUASSUR | 1.29 | 1.20 | -0.09 | -6.98 |
| OMATEK | 0.61 | 0.58 | -0.03 | -4.92 |
| JAIZBANK | 2.14 | 2.05 | -0.09 | -4.21 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FIDELITYBK | 9.75 | 337 | 49,195,957 |
| ACCESSCORP | 17.20 | 506 | 42,384,820 |
| OANDO | 14.05 | 642 | 28,617,110 |
| GUINNESS | 49.85 | 40 | 19,569,473 |
| VERITASKAP | 0.69 | 64 | 18,623,335 |
| ETI | 22.00 | 127 | 18,118,089 |
| GTCO | 40.00 | 222 | 15,837,018 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| GUINNESS | 49.85 | 40 | 975,581,383.05 |
| ACCESSCORP | 17.20 | 506 | 728,795,413.30 |
| GTCO | 40.00 | 222 | 633,386,893.55 |
| FIDELITYBK | 9.75 | 337 | 483,139,764.80 |
| ETI | 22.00 | 127 | 396,680,647.15 |
| OANDO | 14.05 | 642 | 394,749,936.40 |
| ZENITHBANK | 33.00 | 376 | 221,321,142.55 |
OUTLOOK
Trading session on the Nigerian Exchange closed negative at the end of today’s trading receding from yesterday’s gain. We expect market to end the week with a bearish sentiment.
