Trading activities in the Nigerian Equities Market closed positive today, Friday (02/02/2024) by 1.57% as the NGX-ASI increased to 104,421.23 from 102,802.25 recorded at the close of the previous trading day; indicating a YTD return of +39.65%.
The market performance for the week increased by 1.97% to 104,421.23 from 102,401.88 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N898.32 Billion to N57.158 trillion from N56.260 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N23.475 billion from N12.155 billion.
The market breadth was positive at 4.92X as 59 stocks advanced and 12 stocks declined, while 48 stocks remained unchanged. TRANSCORP topped the gainers’ list with +10.00%, while JOHNHOLT declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume and value for the day.
Read: NGX Price List for Friday, 2nd February 2024
MARKET STATISTICS
| CAP | N57,158,086,045,265.94 | One Day (ASI CHG) | 1.57% |
| Index | 104,421.23 | One Week (ASI CHG) | 1.97% |
| Volume | 943,508,909 | One Month (ASI CHG) | 37.41% |
| Value | N23,475,077,523.20 | Six Months (ASI CHG) | 60.16% |
| Deals | 11,512 | 52 Weeks (ASI CHG) | 93.38% |
| Gainers | 59 | Losers | 12 |
| Unchanged | 48 | Total | 119 |
| YTD Returns | +39.65% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.57 |
| NGX30 | 1.61 |
| NGXBNK | 4.37 |
| NGXCNSMRGDS | 1.74 |
| NGXINDUSTR | 0.16 |
| NGXINS | 4.44 |
| NGXLOTUSISLM | 0.96 |
| NGXOILGAS | 0.01 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| TRANSCORP | 14.00 | 15.40 | 1.40 | 10.00 |
| STERLINGNG | 6.00 | 6.60 | 0.60 | 10.00 |
| NEIMETH | 1.90 | 2.09 | 0.19 | 10.00 |
| MEYER | 3.91 | 4.30 | 0.39 | 9.97 |
| PZ | 33.10 | 36.40 | 3.30 | 9.97 |
| CADBURY | 18.20 | 20.00 | 1.80 | 9.89 |
| CHAMS | 2.64 | 2.90 | 0.26 | 9.85 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change | % Change |
| JOHNHOLT | 2.70 | 2.43 | -0.27 | -10.00 |
| MORISON | 3.38 | 3.05 | -0.33 | -9.76 |
| NEM | 8.20 | 7.45 | -0.75 | -9.15 |
| DEAPCAP | 0.73 | 0.67 | -0.06 | -8.22 |
| LASACO | 2.69 | 2.55 | -0.14 | -5.20 |
| ROYALEX | 0.79 | 0.75 | -0.04 | -5.06 |
| CWG | 6.85 | 6.70 | -0.15 | -2.19 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 26.20 | 142 | 338,840,191 |
| GTCO | 41.55 | 598 | 80,605,125 |
| TRANSCORP | 15.40 | 624 | 54,983,138 |
| UBA | 28.00 | 833 | 49,560,680 |
| ACCESSCORP | 27.00 | 656 | 38,818,137 |
| FCMB | 10.25 | 415 | 33,725,232 |
| ZENITHBANK | 39.50 | 658 | 31,581,848 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| FBNH | 26.20 | 142 | 8,877,613,004.20 |
| GTCO | 41.55 | 598 | 3,340,006,041.85 |
| NESTLE | 1100.00 | 62 | 2,099,760,604.00 |
| UBA | 28.00 | 833 | 1,422,408,417.30 |
| ZENITHBANK | 39.50 | 658 | 1,259,018,523.20 |
| ACCESSCORP | 27.00 | 656 | 1,054,976,418.05 |
| TRANSCORP | 15.40 | 624 | 834,839,184.03 |
OUTLOOK
Equities market closed in green to close trading for the week. The bullish run in the market would be sustained in the new week as the market eagerly await more coperate release.
