Trading activities in the Nigerian Equities Market closed positive at the end of today, Friday (28/06/2024) as the NGX-ASI increased to 100,057.49 from 99,396.23 recorded at the close of the previous trading day; indicating a YTD return of +33.81%.
The market performance for the week increased by 0.32% to 100,057.49 from 99,743.05 recorded at the beginning of the week.
Similarly, The market capitalization also increased by N374.07 billion to N56.601 trillion from N56.227 trillion recorded at the close of the previous trading day, while the market turnover increased to N9.816 billion from N9.115 billion.
The market breadth was positive at 3.09X as 34 stocks advanced and 11 stocks declined, while 73 stocks remained unchanged. UCAP the gainers’ list with +9.96%, while JAIZBANK declined by -9.72% to lead the losers’ chart.
TRANSCORP recorded the highest volume while GUINNESS recorded the highest value for the day.
Read: NGX Price List for Friday, 28th June 2024
MARKET STATISTICS
| CAP | N56,601,577,461,852.31 | One Day (ASI CHG) | 0.67% |
| Index | 100,057.49 | One Week (ASI CHG) | 0.32% |
| Volume | 504,863,349 | One Month (ASI CHG) | 1.70% |
| Value | N9,816,630,438.40 | Six Months (ASI CHG) | 33.81% |
| Deals | 7,834 | 52 Weeks (ASI CHG) | 61.52% |
| Gainers | 34 | Losers | 11 |
| Unchanged | 73 | Total | 118 |
| YTD Returns | +33.81% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.67 |
| NGX30 | 0.75 |
| NGXBNK | 0.72 |
| NGXCNSMRGDS | -0.17 |
| NGXINDUSTR | 0.00 |
| NGXINS | 1.26 |
| NGXLOTUSISLM | 0.65 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| UCAP | 24.10 | 26.50 | 2.40 | 9.96 |
| LASACO | 2.32 | 2.55 | 0.23 | 9.91 |
| CWG | 7.25 | 7.95 | 0.70 | 9.66 |
| IKEJAHOTEL | 7.25 | 7.90 | 0.65 | 8.97 |
| MBENEFIT | 0.62 | 0.67 | 0.05 | 8.06 |
| AFRIPRUD | 7.60 | 8.20 | 0.60 | 7.89 |
| MTNN | 200.00 | 214.00 | 14.00 | 7.00 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| JAIZBANK | 2.16 | 1.95 | -0.21 | -9.72 |
| CAVERTON | 1.41 | 1.30 | -0.11 | -7.80 |
| REGALINS | 0.43 | 0.40 | -0.03 | -6.98 |
| CHAMPION | 3.75 | 3.50 | -0.25 | -6.67 |
| NASCON | 36.80 | 34.50 | -2.30 | -6.25 |
| NPFMCRFBK | 1.70 | 1.60 | -0.10 | -5.88 |
| CONHALLPLC | 1.73 | 1.65 | -0.08 | -4.62 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| TRANSCORP | 13.00 | 437 | 125,402,869 |
| OANDO | 15.00 | 349 | 58,313,487 |
| GUINNESS | 67.00 | 59 | 42,976,616 |
| AIICO | 0.97 | 151 | 27,014,492 |
| UCAP | 26.50 | 190 | 24,973,650 |
| CONHALLPLC | 1.65 | 84 | 22,445,982 |
| ACCESSCORP | 18.95 | 408 | 20,040,884 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GUINNESS | 67.00 | 59 | 2,879,395,257.35 |
| TRANSCORP | 13.00 | 437 | 1,617,458,201.70 |
| OANDO | 15.00 | 349 | 877,970,153.65 |
| MTNN | 214.00 | 419 | 869,095,905.60 |
| UCAP | 26.50 | 190 | 661,801,725.00 |
| GTCO | 45.00 | 322 | 409,182,481.35 |
| ACCESSCORP | 18.95 | 408 | 379,951,471.35 |
OUTLOOK
Trading session on the Nigerian Exchange closed in green for the week. This uptick is fueled by the market’s rally . However, we project better performance in the week ahead.
