Trading activities in the Nigerian Equities Market closed negative today, Friday (26/04/2024) by 0.02% as the NGX-ASI decreased to 98,152.91 from 98,169.30 recorded at the close of the previous trading day; indicating a YTD return of +31.27%
The market performance for the week decreased by 1.39% to 98,152.91 from 99,665.05 recorded at the beginning of the week.
Similarly, the market capitalization decreased today by N9.27 billion to N55,511.62 trillion from N55,520.89 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N5.022 billion from N6.516 billion.
The market breadth was negative at 0.95X as 18 stocks advanced and 19 stocks declined, while 82 stocks remained unchanged. STANBIC topped the gainers’ list with +10.00%, while SOVRENINS declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and the highest value for the day.
Read: NGX Price List for Friday, 26th April 2024
MARKET STATISTICS
| CAP | N55,511,620,655,867.73 | One Day (ASI CHG) | -0.02% |
| Index | 98,152.91 | One Week (ASI CHG) | -1.39% |
| Volume | 265,066,352 | One Month (ASI CHG) | -5.58% |
| Value | N5,022,603,077.08 | Six Months (ASI CHG) | 46.20% |
| Deals | 6,582 | 52 Weeks (ASI CHG) | 87.30% |
| Gainers | 18 | Losers | 19 |
| Unchanged | 82 | Total | 119 |
| YTD Returns | +31.27% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.01 |
| NGX30 | 0.01 |
| NGXBNK | 0.52 |
| NGXCNSMRGDS | -0.35 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.53 |
| NGXLOTUSISLM | 0.11 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| STANBIC | 45.00 | 49.50 | 4.50 | 10.00 |
| NGXGROUP | 21.00 | 23.10 | 2.10 | 10.00 |
| FBNH | 18.50 | 20.35 | 1.85 | 10.00 |
| LIVESTOCK | 1.51 | 1.66 | 0.15 | 9.93 |
| VITAFOAM | 17.15 | 18.85 | 1.70 | 9.91 |
| AFRIPRUD | 6.10 | 6.70 | 0.60 | 9.84 |
| CHAMS | 1.69 | 1.85 | 0.16 | 9.47 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| SOVRENINS | 0.40 | 0.36 | -0.04 | -10.00 |
| REGALINS | 0.41 | 0.37 | -0.04 | -9.76 |
| UNITYBNK | 1.83 | 1.69 | -0.14 | -7.65 |
| JAPAULGOLD | 2.05 | 1.91 | -0.14 | -6.83 |
| WEMABANK | 6.70 | 6.25 | -0.45 | -6.72 |
| CADBURY | 19.00 | 17.80 | -1.20 | -6.32 |
| TANTALIZER | 0.35 | 0.33 | -0.02 | -5.71 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| UBA | 23.00 | 655 | 42,350,823 |
| ACCESSCORP | 16.60 | 578 | 28,553,264 |
| ZENITHBANK | 32.60 | 557 | 23,935,981 |
| GTCO | 35.50 | 406 | 16,548,123 |
| NB | 26.80 | 126 | 15,589,986 |
| TRANSCORP | 14.00 | 239 | 14,052,922 |
| UNIVINSURE | 0.36 | 31 | 11,425,969 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| UBA | 23.00 | 655 | 980,010,348.55 |
| ZENITHBANK | 32.60 | 557 | 788,666,639.40 |
| GTCO | 35.50 | 406 | 592,202,995.05 |
| NESTLE | 795.30 | 136 | 546,582,426.20 |
| ACCESSCORP | 16.60 | 578 | 473,107,393.00 |
| NB | 26.80 | 126 | 417,445,042.85 |
| TRANSCORP | 14.00 | 239 | 194,750,914.75 |
OUTLOOK
Activities on the Nigerian Exchange Market closed negative at the end of this week. We expect a mixed sentiment in the week ahead and as the banks race to complete their recapitalization plans as the dead line draw close.
