Trading activities in the Nigerian Equities Market closed negative today, Monday (03/06/2024) by 0.18% as the NGX-ASI decreased to 99,118.86 from 99,300.38 recorded at the close of the previous trading day; indicating a YTD return of +32.56%
Similarly, the market capitalization decreased by N102.55 billion to N56.07 trillion from N56.17 trillion recorded at the close of the previous trading day, and the market turnover also decreased to N5.237 billion from N8.575 billion.
The market breadth was positive at 1.38 as 22 stocks advanced and 16 stocks declined, while 82 stocks remained unchanged. CORNERST topped the gainers’ list with +10.00%, while ETRANZACT declined by -9.82% to lead the losers’ chart.
VERITASKAP recorded the highest volume for the day while GTCO recorded the highest value for the day.
Read: NGX Price List for Monday, 3rd June 2024
MARKET STATISTICS
| CAP | N56,069,912,664,205.32 | One Day (ASI CHG) | -0.18% |
| Index | 99,118.86 | One Week (ASI CHG) | 1.28% |
| Volume | 349,590,093 | One Month (ASI CHG) | -0.47% |
| Value | N5,237,412,920.18 | Six Months (ASI CHG) | 39.71% |
| Deals | 8,082 | 52 Weeks (ASI CHG) | 76.88% |
| Gainers | 22 | Losers | 16 |
| Unchanged | 82 | Total | 120 |
| YTD Returns | +32.56% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.18 |
| NGX30 | -0.20 |
| NGXBNK | -0.84 |
| NGXCNSMRGDS | -0.06 |
| NGXINDUSTR | -0.09 |
| NGXINS | 2.79 |
| NGXLOTUSISLM | -0.43 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CORNERST | 1.90 | 2.09 | 0.19 | 10.00 |
| DEAPCAP | 0.40 | 0.44 | 0.04 | 10.00 |
| OANDO | 11.80 | 12.95 | 1.15 | 9.75 |
| VERITASKAP | 0.59 | 0.64 | 0.05 | 8.47 |
| REGALINS | 0.36 | 0.39 | 0.03 | 8.33 |
| RTBRISCOE | 0.48 | 0.52 | 0.04 | 8.33 |
| CUSTODIAN | 9.50 | 10.25 | 0.75 | 7.89 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| ETRANZACT | 5.60 | 5.05 | -0.55 | -9.82 |
| UNITYBNK | 1.53 | 1.38 | -0.15 | -9.80 |
| JAIZBANK | 2.28 | 2.06 | -0.22 | -9.65 |
| JAPAULGOLD | 2.09 | 1.99 | -0.10 | -4.78 |
| UPDCREIT | 4.20 | 4.00 | -0.20 | -4.76 |
| FBNH | 23.45 | 22.35 | -1.10 | -4.69 |
| OMATEK | 0.64 | 0.61 | -0.03 | -4.69 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| VERITASKAP | 0.64 | 83 | 57,951,369 |
| GTCO | 40.00 | 392 | 47,634,224 |
| ACCESSCORP | 17.15 | 744 | 46,322,450 |
| AIICO | 1.01 | 123 | 30,705,528 |
| REGALINS | 0.39 | 9 | 14,554,626 |
| FIDELITYBK | 10.15 | 275 | 13,283,734 |
| OANDO | 12.95 | 115 | 12,037,019 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GTCO | 40.00 | 392 | 1,887,737,193.90 |
| ACCESSCORP | 17.15 | 744 | 796,316,130.70 |
| MTNN | 230.00 | 287 | 397,368,059.80 |
| GUINNESS | 49.85 | 68 | 283,918,348.70 |
| ZENITHBANK | 33.00 | 456 | 236,276,841.50 |
| GEREGU | 1000.00 | 65 | 192,304,800.00 |
| UBA | 21.90 | 525 | 168,199,333.30 |
OUTLOOK
Trading session on the Nigerian Exchange closed in red at the end of today’s trading. Market performance could have been impacted by the NLC strike. It is however expected that activities in the market will be mild in the remaining days of the week.
