Trading activities in the Nigerian Equities Market closed positive today, Monday (29/01/2024) by 2.22% as the NGX-ASI increased to 104,674.67 from 102,401.88 recorded at the close of the previous trading day; indicating a YTD return of +39.99%.
Similarly, the market capitalization increased today by N1.24trillion to N57.282 trillion from N56.038 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N25,938 billion from N8.851 billion.
The market breadth was positive at 0.58X as 22 stocks advanced and 38 stocks declined, while 59 stocks remained unchanged. OANDO topped the gainers’ list with +9.96%, while DAARCOMM declined by -10.00% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume while DANGCEM recorded the highest value for the day.
Read: NGX Price List for Monday, 29th January 2024
MARKET STATISTICS
| CAP | N57,282,131,295,938.91 | One Day (ASI CHG) | +2.22% |
| Index | 104,674.67 | One Week (ASI CHG) | +9.30% |
| Volume | 689,928,236 | One Month (ASI CHG) | +39.99% |
| Value | N25,937,803,698.53 | Six Months (ASI CHG) | +62.70% |
| Deals | 15,887 | 52 Weeks (ASI CHG) | +96.91% |
| Gainers | 22 | Losers | 38 |
| Unchanged | 59 | Total | 119 |
| YTD Returns | +39.99% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 2.22 |
| NGX30 | 2.25 |
| NGXBNK | -1.05 |
| NGXCNSMRGDS | -0.25 |
| NGXINDUSTR | 6.65 |
| NGXINS | -0.92 |
| NGXLOTUSISLM | 2.59 |
| NGXOILGAS | -0.12 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| OANDO | 12.55 | 13.80 | 1.25 | 9.96 |
| DANGCEM | 694.10 | 763.00 | 68.90 | 9.93 |
| TRIPPLEG | 2.83 | 3.11 | 0.28 | 9.89 |
| BERGER | 15.80 | 17.35 | 1.55 | 9.81 |
| ROYALEX | 0.78 | 0.85 | 0.07 | 8.97 |
| DEAPCAP | 0.80 | 0.87 | 0.07 | 8.75 |
| TANTALIZER | 0.47 | 0.51 | 0.04 | 8.51 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| DAARCOMM | 0.90 | 0.81 | -0.09 | -10.00 |
| IKEJAHOTEL | 7.50 | 6.75 | -0.75 | -10.00 |
| CADBURY | 22.95 | 20.70 | -2.25 | -9.80 |
| NPFMCRFBK | 2.14 | 1.95 | -0.19 | -8.88 |
| ELLAHLAKES | 3.30 | 3.02 | -0.28 | -8.48 |
| REGALINS | 0.49 | 0.45 | -0.04 | -8.16 |
| LIVESTOCK | 2.12 | 1.95 | -0.17 | -8.02 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAPAULGOLD | 3.20 | 766 | 83,864,921 |
| TRANSCORP | 15.99 | 958 | 42,804,149 |
| ZENITHBANK | 42.00 | 697 | 34,541,161 |
| ACCESSCORP | 28.00 | 648 | 34,109,194 |
| GTCO | 43.75 | 506 | 33,344,567 |
| BUACEMENT | 185.00 | 426 | 32,704,279 |
| UBA | 30.00 | 704 | 32,250,074 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| DANGCEM | 763.00 | 1,057 | 8,577,181,748.80 |
| BUACEMENT | 185.00 | 426 | 5,380,173,829.45 |
| GTCO | 43.75 | 506 | 1,501,495,272.35 |
| ZENITHBANK | 42.00 | 697 | 1,462,462,286.80 |
| STANBIC | 65.00 | 103 | 1,422,914,014.30 |
| UBA | 30.00 | 704 | 973,819,238.00 |
| ACCESSCORP | 28.00 | 648 | 967,683,797.05 |
OUTLOOK
Market’s sentiment remains in the green as the equities market continues to gain. Thus, we expect the market to continue to move in the positive direction in the remaining days of the week as bargain hunting continues.
