Trading activities in the Nigerian Equities Market closed negative today, Monday (25/03/2024) by 0.49% as the NGX-ASI decreased to 104,136.35 from 104,647.37 recorded at the close of the previous trading day; indicating a YTD return of +39.27%.
Similarly, the market capitalization decreased today by N288.93 billion to N58.880 trillion from N59.169 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N11.383 billion from N14.236 billion.
The market breadth was negative at 0.69X as 20 stocks advanced and 29 stocks declined, while 68 stocks remained unchanged. ELLAHLAKES topped the gainers’ list with +10.00%, while INTENEGINS declined by -10.00% to lead the losers’ chart.
JAIZBANK recorded the highest volume while MTNN recorded the highest value for the day.
Read: NGX Price List for Monday, 25th March 2024
MARKET STATISTICS
| CAP | N58,879,816,420,892.14 | One Day (ASI CHG) | -0.49% |
| Index | 104,136.35 | One Week (ASI CHG) | -0.50% |
| Volume | 306,821,620 | One Month (ASI CHG) | 2.01% |
| Value | N11,383,200,894.84 | Six Months (ASI CHG) | 55.70% |
| Deals | 9,343 | 52 Weeks (ASI CHG) | 93.74% |
| Gainers | 20 | Losers | 29 |
| Unchanged | 68 | Total | 117 |
| YTD Returns | +39.27% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.49 |
| NGX30 | -0.57 |
| NGXBNK | -1.72 |
| NGXCNSMRGDS | -0.83 |
| NGXINDUSTR | 0.04 |
| NGXINS | 0.21 |
| NGXLOTUSISLM | -0.24 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| ELLAHLAKES | 3.30 | 3.63 | 0.33 | 10.00 |
| MORISON | 1.41 | 1.55 | 0.14 | 9.93 |
| SUNUASSUR | 1.16 | 1.27 | 0.11 | 9.48 |
| CAVERTON | 1.60 | 1.75 | 0.15 | 9.37 |
| SOVRENINS | 0.44 | 0.48 | 0.04 | 9.09 |
| NSLTECH | 0.55 | 0.60 | 0.05 | 9.09 |
| ABCTRANS | 0.78 | 0.85 | 0.07 | 8.97 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| INTENEGINS | 1.50 | 1.35 | -0.15 | -10.00 |
| DANGSUGAR | 59.00 | 53.10 | -5.90 | -10.00 |
| JAIZBANK | 2.42 | 2.18 | -0.24 | -9.92 |
| IKEJAHOTEL | 6.48 | 5.85 | -0.63 | -9.72 |
| DEAPCAP | 0.63 | 0.57 | -0.06 | -9.52 |
| TRANSCORP | 15.45 | 14.15 | -1.30 | -8.41 |
| UNITYBNK | 2.11 | 1.95 | -0.16 | -7.58 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAIZBANK | 2.18 | 334 | 23,155,004 |
| UBA | 26.30 | 531 | 19,539,204 |
| NB | 28.00 | 359 | 17,434,735 |
| ACCESSCORP | 23.60 | 426 | 15,284,815 |
| STERLINGNG | 5.14 | 160 | 14,858,071 |
| GTCO | 48.30 | 435 | 13,297,233 |
| TRANSCORP | 14.15 | 469 | 11,487,337 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| MTNN | 235.00 | 486 | 2,611,728,145.80 |
| GTCO | 48.30 | 435 | 638,935,515.35 |
| UBA | 26.30 | 531 | 519,285,743.45 |
| NB | 28.00 | 359 | 489,183,820.50 |
| TRANSPOWER | 379.00 | 266 | 443,366,018.70 |
| ACCESSCORP | 23.60 | 426 | 363,869,293.60 |
| FBNH | 37.85 | 359 | 332,471,951.60 |
OUTLOOK
Trading session on the Nigerian Exchange closed negative at the end of today’s trading. This could be as a result of increase profit taking observed in the market. It is projected however, that the market will experience mixed sentiments for the remaining days of the week.
