Trading activities in the Nigerian Equities Market closed negative today, Thursday (23/05/2024) by 0.15% as the NGX-ASI decreased to 97,978.02 from 98,128.00 recorded at the close of the previous trading day; indicating a YTD return of +31.03%
Similarly, the market capitalization decreased by N84.71 billion to N55.424 trillion from N55.509 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.700 billion from N5.434 billion.
The market breadth was negative at 0.57X as 16 stocks advanced and 28 stocks declined, while 74 stocks remained unchanged. CILEASING topped the gainers’ list with +9.90%, while SKYAVN declined by -9.80% to lead the losers’ chart.
UBA recorded the highest volume while JBERGER recorded the highest value for the day.
Read: NGX Price List for Thursday, 23rd May 2024
MARKET STATISTICS
| CAP | N55,424,154,685,551.40 | One Day (ASI CHG) | -0.15% |
| Index | 97,978.02 | One Week (ASI CHG) | -0.18% |
| Volume | 316,453,262 | One Month (ASI CHG) | -1.34% |
| Value | N7,699,957,617.60 | Six Months (ASI CHG) | +37.90% |
| Deals | 7,852 | 52 Weeks (ASI CHG) | +84.96% |
| Gainers | 16 | Losers | 28 |
| Unchanged | 74 | Total | 118 |
| YTD Returns | +31.03% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.15 |
| NGX30 | -0.15 |
| NGXBNK | -1.42 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | 0.00 |
| NGXINS | -1.90 |
| NGXLOTUSISLM | -0.15 |
| NGXOILGAS | +0.72 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CILEASING | 3.13 | 3.44 | 0.31 | 9.90 |
| CAVERTON | 1.30 | 1.40 | 0.10 | 7.69 |
| CHAMS | 1.40 | 1.50 | 0.10 | 7.14 |
| CONHALLPLC | 1.30 | 1.38 | 0.08 | 6.15 |
| VERITASKAP | 0.56 | 0.59 | 0.03 | 5.36 |
| AFRIPRUD | 6.55 | 6.80 | 0.25 | 3.82 |
| UPDC | 1.20 | 1.24 | 0.04 | 3.33 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| SKYAVN | 22.95 | 20.70 | -2.25 | -9.80 |
| NEM | 8.45 | 7.65 | -0.80 | -9.47 |
| FTNCOCOA | 1.39 | 1.26 | -0.13 | -9.35 |
| TANTALIZER | 0.54 | 0.49 | -0.05 | -9.26 |
| JAPAULGOLD | 1.90 | 1.74 | -0.16 | -8.42 |
| MBENEFIT | 0.57 | 0.53 | -0.04 | -7.02 |
| FIDELITYBK | 8.50 | 8.00 | -0.50 | -5.88 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| UBA | 20.00 | 788 | 50,316,438 |
| GTCO | 37.00 | 307 | 38,543,724 |
| ZENITHBANK | 30.85 | 862 | 28,942,504 |
| TRANSCORP | 11.00 | 473 | 21,644,678 |
| JBERGER | 85.00 | 303 | 17,644,589 |
| ACCESSCORP | 16.50 | 587 | 17,157,045 |
| JAPAULGOLD | 1.74 | 137 | 13,998,760 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value(N) |
| JBERGER | 85.00 | 303 | 1,464,836,371.30 |
| GTCO | 37.00 | 307 | 1,427,676,919.80 |
| UBA | 20.00 | 788 | 984,755,978.00 |
| ZENITHBANK | 30.85 | 862 | 878,760,775.60 |
| SEPLAT | 3,000.00 | 44 | 641,800,303.90 |
| MTNN | 230.50 | 276 | 428,706,148.80 |
| ACCESSCORP | 16.50 | 587 | 286,480,376.25 |
OUTLOOK
Nigerian Equities Market sustains dip to close negative for the day. Profit taking from stock trading by Investors continue to drag the market with major influence from the MPC’s decision to raise the MPR. On this basis, trading performance is expected to end bearish for the week.
