Trading activities in the Nigerian Equities Market closed positive today, Friday (16/02/2024) by 1.56% as the NGX-ASI increased to 105,722.78 from 104,100.00 recorded at the close of the previous trading day; indicating a YTD return of +41.39%.
The market performance for the week increased by 3.79% to 105,722.78 from 101,858.37 recorded at the beginning of the week.
Similarly, the market capitalization increased today by N887.96 Billion to N57.850 trillion from N56.962 trillion recorded at the close of the previous trading day, while, the market turnover increased to N8.050 billion from N6.914 billion.
The market breadth was positive at 0.83X as 24 stocks advanced and 29 stocks declined, while 64 stocks remained unchanged. BUAFOODS topped the gainers’ list with +10.00%, while LIVESTOCK declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume and highest value for the day.
Read: NGX Price List for Friday, 16th February 2024
MARKET STATISTICS
| CAP | N57,849,943,740,221.70 | One Day (ASI CHG) | 1.56% |
| Index | 105,722.78 | One Week (ASI CHG) | 3.79% |
| Volume | 342,518,659 | One Month (ASI CHG) | 20.18% |
| Value | N8,049,940,199.38 | Six Months (ASI CHG) | 63.35% |
| Deals | 8,395 | 52 Weeks (ASI CHG) | 93.91% |
| Gainers | 24 | Losers | 29 |
| Unchanged | 64 | Total | 117 |
| YTD Returns | +41.39% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.56 |
| NGX30 | 1.63 |
| NGXBNK | 0.74 |
| NGXCNSMRGDS | 6.08 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.69 |
| NGXLOTUSISLM | 2.03 |
| NGXOILGAS | -0.32 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| BUAFOODS | 325.00 | 357.50 | 32.50 | 10.00 |
| PZ | 27.50 | 30.25 | 2.75 | 10.00 |
| GEREGU | 819.80 | 901.00 | 81.20 | 9.90 |
| JBERGER | 50.60 | 55.60 | 5.00 | 9.88 |
| JULI | 1.34 | 1.47 | 0.13 | 9.70 |
| DAARCOMM | 0.74 | 0.81 | 0.07 | 9.46 |
| ETRANZACT | 5.95 | 6.50 | 0.55 | 9.24 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| LIVESTOCK | 1.90 | 1.71 | -0.19 | -10.00 |
| FLOURMILL | 39.00 | 35.10 | -3.90 | -10.00 |
| MEYER | 6.22 | 5.60 | -0.62 | -9.97 |
| SUNUASSUR | 1.96 | 1.78 | -0.18 | -9.18 |
| MORISON | 2.73 | 2.48 | -0.25 | -9.16 |
| ELLAHLAKES | 3.30 | 3.00 | -0.30 | -9.09 |
| REGALINS | 0.48 | 0.44 | -0.04 | -8.33 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 28.00 | 408 | 49,916,952 |
| UBA | 24.90 | 437 | 36,899,447 |
| UNITYBNK | 2.53 | 80 | 29,764,536 |
| GTCO | 39.00 | 277 | 27,576,822 |
| ACCESSCORP | 22.50 | 491 | 19,264,249 |
| VERITASKAP | 0.70 | 88 | 15,696,030 |
| TRANSCORP | 13.20 | 421 | 15,007,599 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| FBNH | 28.00 | 408 | 1,398,416,149.45 |
| GTCO | 39.00 | 277 | 1,078,520,111.30 |
| GEREGU | 901.00 | 388 | 990,323,106.40 |
| UBA | 24.90 | 437 | 912,417,748.45 |
| ACCESSCORP | 22.50 | 491 | 434,005,823.50 |
| AIRTELAFRI | 2,200.00 | 47 | 412,576,665.60 |
| ZENITHBANK | 35.80 | 399 | 385,356,328.50 |
OUTLOOK
Activities on the Nigerian Exchange Market closed in green at the end of this week. We expect a mixed sentiment in the week ahead.
