Trading activities in the Nigerian Equities Market closed negative today, Tuesday (27/02/2024) by 1.39% as the NGX-ASI decreased to 100,582.89 from 101,995.53 recorded at the close of the previous trading day; indicating a YTD return of +34.52%.
Similarly, the market capitalization decreased today by N773 billion to N55.037 trillion from N55.810 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N6.120 billion from N6.217 billion.
The market breadth was negative at 0.40X as 10 stocks advanced and 25 stocks declined, while 83 stocks remained unchanged. AFRIPRUD topped the gainers’ list with +9.86%, while FBNH declined by -10.00% to lead the losers’ chart.
TRANSCORP is the highest volume and NASCON is the highest value for the day respectively.
Read: NGX Price List for Tuesday, 27th February 2024
MARKET STATISTICS
| CAP | N55,037,599,538,050.74 | One Day (ASI CHG) | -1.39% |
| Index | 100,582.89 | One Week (ASI CHG) | -0.47% |
| Volume | 280,463,582 | One Month (ASI CHG) | -1.78% |
| Value | N6,120,279,859.28 | Six Months (ASI CHG) | 51.27% |
| Deals | 9,141 | 52 Weeks (ASI CHG) | 81.79% |
| Gainers | 10 | Losers | 25 |
| Unchanged | 83 | Total | 118 |
| YTD Returns | +34.52% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.39 |
| NGX30 | -1.32 |
| NGXBNK | -3.35 |
| NGXCNSMRGDS | -0.17 |
| NGXINDUSTR | -0.05 |
| NGXINS | -2.19 |
| NGXLOTUSISLM | -1.74 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Open Price | High Price | Low Price | Close Price | Change Price | % Change |
| AFRIPRUD | 7.1 | 7.1 | 7.8 | 7.8 | 7.8 | 0.7 | 9.86 |
| OMATEK | 0.71 | 0.71 | 0.78 | 0.78 | 0.78 | 0.07 | 9.86 |
| JULI | 2.57 | 2.57 | 2.82 | 2.82 | 2.82 | 0.25 | 9.73 |
| TANTALIZER | 0.37 | 0.37 | 0.4 | 0.4 | 0.4 | 0.03 | 8.11 |
| ELLAHLAKES | 2.85 | 2.85 | 3.12 | 3 | 3.08 | 0.23 | 8.07 |
| STERLINGNG | 4.4 | 4.4 | 4.6 | 4.4 | 4.6 | 0.2 | 4.55 |
| MAYBAKER | 5.95 | 5.95 | 6.2 | 6.2 | 6.2 | 0.25 | 4.20 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| FBNH | 34.00 | 30.60 | -3.40 | -10.00 |
| MULTIVERSE | 17.00 | 15.30 | -1.70 | -10.00 |
| MTNN | 247.50 | 222.90 | -24.60 | -9.94 |
| CONHALLPLC | 1.35 | 1.22 | -0.13 | -9.63 |
| JAPAULGOLD | 2.48 | 2.25 | -0.23 | -9.27 |
| JAIZBANK | 2.42 | 2.20 | -0.22 | -9.09 |
| NASCON | 66.00 | 60.90 | -5.10 | -7.73 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Volume |
| TRANSCORP | 13.35 | 535 | 44,411,769 |
| ACCESSCORP | 19.35 | 738 | 30,559,851 |
| UBA | 22.50 | 518 | 26,513,758 |
| ZENITHBANK | 34.50 | 535 | 24,957,322 |
| NASCON | 60.90 | 549 | 13,802,690 |
| DANGSUGAR | 60.00 | 606 | 12,748,231 |
| WEMABANK | 7.80 | 263 | 10,075,584 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| NASCON | 60.90 | 549 | 893,677,909.45 |
| ZENITHBANK | 34.50 | 535 | 874,627,720.65 |
| DANGSUGAR | 60.00 | 606 | 768,881,701.00 |
| UBA | 22.50 | 518 | 611,195,794.55 |
| ACCESSCORP | 19.35 | 738 | 600,548,776.20 |
| TRANSCORP | 13.35 | 535 | 583,517,994.70 |
| MTNN | 222.90 | 408 | 316,614,964.30 |
OUTLOOK
The Stock market continues on the downward trend today as increased profit-taking transactions overwhelmed the market. We expect mixed sentiment in the remaining days of the week.
