Trading activities in the Nigerian Equities Market closed negative today, Tuesday (26/03/2024) by 0.18% as the NGX-ASI decreased to 103,952.47 from 104,136.35 recorded at the close of the previous trading day; indicating a YTD return of +39.02%.
Similarly, the market capitalization decreased today by N103.97 billion to N58.775 trillion from N58.880 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N11.291 billion from N11.383 billion.
The market breadth was negative at 1.08X as 26 stocks advanced and 24 stocks declined, while 66 stocks remained unchanged. ABBEYBDS topped the gainers’ list with +10.00%, while UPDC declined by -9.87% to lead the losers’ chart.
GTCO recorded the highest volume and highest value for the day.
Read: NGX Price List for Tuesday, 26th March 2024
MARKET STATISTICS
| CAP | N58,775,848,403,193.39 | One Day (ASI CHG) | -0.18% |
| Index | 103,952.47 | One Week (ASI CHG) | -0.57% |
| Volume | 374,410,701 | One Month (ASI CHG) | 1.92% |
| Value | N11,291,010,531.62 | Six Months (ASI CHG) | 55.96% |
| Deals | 8,689 | 52 Weeks (ASI CHG) | 93.40% |
| Gainers | 26 | Losers | 24 |
| Unchanged | 66 | Total | 116 |
| YTD Returns | +39.02% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.18 |
| NGX30 | -0.22 |
| NGXBNK | 0.07 |
| NGXCNSMRGDS | -0.12 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.23 |
| NGXLOTUSISLM | -0.06 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | % Change |
| ABBEYBDS | 2.20 | 2.42 | 0.22 | 10.00 |
| CONHALLPLC | 1.31 | 1.44 | 0.13 | 9.92 |
| JULI | 7.86 | 8.63 | 0.77 | 9.80 |
| MAYBAKER | 5.47 | 6.00 | 0.53 | 9.69 |
| INTENEGINS | 1.35 | 1.48 | 0.13 | 9.63 |
| CWG | 5.95 | 6.50 | 0.55 | 9.24 |
| SUNUASSUR | 1.27 | 1.36 | 0.09 | 7.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | % Change |
| UPDC | 1.52 | 1.37 | -0.15 | -9.87 |
| UCAP | 24.00 | 21.90 | -2.10 | -8.75 |
| SOVRENINS | 0.48 | 0.44 | -0.04 | -8.33 |
| FTNCOCOA | 1.75 | 1.61 | -0.14 | -8.00 |
| LIVESTOCK | 1.79 | 1.65 | -0.14 | -7.82 |
| ELLAHLAKES | 3.63 | 3.38 | -0.25 | -6.89 |
| ROYALEX | 0.76 | 0.71 | -0.05 | -6.58 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| GTCO | 49.20 | 645 | 67,148,151 |
| UBA | 26.65 | 529 | 51,466,128 |
| ZENITHBANK | 40.45 | 531 | 42,438,986 |
| ACCESSCORP | 23.10 | 460 | 33,320,371 |
| FIDELITYBK | 10.00 | 276 | 30,025,895 |
| NB | 28.00 | 171 | 22,624,380 |
| AIICO | 1.01 | 132 | 10,500,478 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 49.20 | 645 | 3,269,252,533.35 |
| ZENITHBANK | 40.45 | 531 | 1,714,611,172.15 |
| UBA | 26.65 | 529 | 1,368,310,728.45 |
| MTNN | 231.00 | 388 | 1,211,567,556.90 |
| ACCESSCORP | 23.10 | 460 | 808,283,410.05 |
| NB | 28.00 | 171 | 639,034,387.70 |
| NESTLE | 899.90 | 110 | 552,334,056.10 |
OUTLOOK
Trading session on the Nigerian Exchange continues in red at the close of its second trading day. Banking and Industrial stocks witnessed gains. It is projected that the market performance will be mixed in the remaining days of the week.
