Trading activities in the Nigerian Equities Market closed negative today, Wednesday (24/04/2024) by 1.19% as the NGX-ASI decreased to 98,121.30 from 99,311.54 recorded at the close of the previous trading day; indicating a YTD return of +31.22%
Similarly, the market capitalization decreased today by N673.16 billion to N55,494.25 trillion from N56,167.40 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N9.576 billion from N7.842 billion.
The market breadth was positive at 1.05X as 20 stocks advanced and 19 stocks declined, while 78 stocks remained unchanged.NEIMETH topped the gainers’ list with +10.00%, while MTNN declined by -10.00% to lead the losers’ chart.
GTCO recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 24th April 2024
MARKET STATISTICS
| CAP | N55,494,249,075,091.01 | One Day (ASI CHG) | -1.19% |
| Index | 98,121.30 | One Week (ASI CHG) | -1.79% |
| Volume | 395,751,156 | One Month (ASI CHG) | -6.24% |
| Value | N9,576,080,749.21 | Six Months (ASI CHG) | 46.00% |
| Deals | 7,907 | 52 Weeks (ASI CHG) | 87.84% |
| Gainers | 20 | Losers | 19 |
| Unchanged | 78 | Total | 117 |
| YTD Returns | +31.22% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.18 |
| NGX30 | -1.38 |
| NGXBNK | -0.83 |
| NGXCNSMRGDS | 0.05 |
| NGXINDUSTR | 0.02 |
| NGXINS | -0.27 |
| NGXLOTUSISLM | -0.99 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| NEIMETH | 1.8 | 1.98 | 0.18 | 10.00 |
| SUNUASSUR | 1.1 | 1.21 | 0.11 | 10.00 |
| CAP | 26.25 | 28.85 | 2.6 | 9.90 |
| UPDC | 1.23 | 1.35 | 0.12 | 9.76 |
| FCMB | 6.5 | 7.1 | 0.6 | 9.23 |
| CUTIX | 2.75 | 3 | 0.25 | 9.09 |
| FTNCOCOA | 1.35 | 1.44 | 0.09 | 6.67 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| MTNN | 224.00 | 201.60 | -22.40 | -10.00 |
| TRANSCOHOT | 97.70 | 87.93 | -9.77 | -10.00 |
| OANDO | 10.10 | 9.10 | -1.00 | -9.90 |
| FBNH | 21.90 | 19.75 | -2.15 | -9.82 |
| FIDSON | 15.90 | 14.35 | -1.55 | -9.75 |
| THOMASWY | 1.97 | 1.78 | -0.19 | -9.64 |
| SOVRENINS | 0.44 | 0.40 | -0.04 | -9.09 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| GTCO | 36.00 | 444 | 81,407,397 |
| ZENITHBANK | 36.6 | 650 | 46,155,986 |
| UBA | 22.7 | 717 | 41,599,983 |
| FBNH | 19.75 | 521 | 23,439,975 |
| ACCESSCORP | 16.05 | 733 | 22,300,777 |
| OANDO | 9.10 | 416 | 21,366,528 |
| NB | 27.95 | 147 | 20,538,055 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| GTCO | 36.00 | 444 | 2,931,197,387.25 |
| ZENITHBANK | 36.60 | 650 | 1,691,240,989.40 |
| UBA | 22.70 | 717 | 953,517,541.80 |
| NB | 27.95 | 147 | 574,989,534.10 |
| MTNN | 201.60 | 310 | 560,451,470.10 |
| FBNH | 19.75 | 521 | 480,999,318.65 |
| NESTLE | 820.00 | 114 | 468,089,169.90 |
OUTLOOK
Trading session on the Nigerian Exchange ended on a negative note today due to profit taking . We expect the market to show a mixed trend throughout the remaining days of the week.
