Trading activities in the Nigerian Equities Market closed negative today, Thursday (22/02/2024) by -0.12% as the NGX-ASI decreased to 101,239.10 from 101,362.38 recorded at the close of the previous trading day; indicating a YTD return of +35.39%.
Similarly, the market capitalization decreased today by N67.45 billion to N55.397 trillion from N55.463 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N4.944 billion from N6.552 billion.
The market breadth was negative at 0.71X as 20 stocks advanced and 28 stocks declined, while 71 stocks remained unchanged. OMATEK topped the gainers’ list with +10.00%, while DAARCOMM 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 Thursday, 22nd February 2024
MARKET STATISTICS
| CAP | N55,396,542,287,690.40 | One Day (ASI CHG) | -0.12% |
| Index | 101,239.10 | One Week (ASI CHG) | -2.75% |
| Volume | 252,997,201 | One Month (ASI CHG) | 5.71% |
| Value | N4,944,269,352.44 | Six Months (ASI CHG) | 54.80% |
| Deals | 7,248 | 52 Weeks (ASI CHG) | 86.39% |
| Gainers | 20 | Losers | 28 |
| Unchanged | 71 | Total | 119 |
| YTD Returns | +35.39% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.12 |
| NGX30 | -0.10 |
| NGXBNK | -0.44 |
| NGXCNSMRGDS | -0.08 |
| NGXINDUSTR | 0.04 |
| NGXINS | -0.22 |
| NGXLOTUSISLM | 0.14 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| OMATEK | 0.7 | 0.77 | 0.07 | 10.00 |
| SUNUASSUR | 1.9 | 2.09 | 0.19 | 10.00 |
| JULI | 1.94 | 2.13 | 0.19 | 9.79 |
| CAVERTON | 1.68 | 1.84 | 0.16 | 9.52 |
| NEM | 6.05 | 6.6 | 0.55 | 9.09 |
| PRESTIGE | 0.57 | 0.62 | 0.05 | 8.77 |
| REGALINS | 0.44 | 0.46 | 0.02 | 4.55 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| DAARCOMM | 0.8 | 0.72 | -0.08 | -10.00 |
| WEMABANK | 8.66 | 7.8 | -0.86 | -9.93 |
| PZ | 27.3 | 24.6 | -2.7 | -9.89 |
| ACADEMY | 1.93 | 1.74 | -0.19 | -9.84 |
| MORISON | 2.05 | 1.85 | -0.2 | -9.76 |
| UACN | 14.95 | 13.55 | -1.4 | -9.36 |
| ROYALEX | 0.79 | 0.72 | -0.07 | -8.86 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 23.9 | 393 | 22,281,144 |
| ACCESSCORP | 21.05 | 472 | 14,489,445 |
| PRESTIGE | 0.62 | 31 | 13,591,390 |
| ZENITHBANK | 35.75 | 369 | 12,539,329 |
| TRANSCORP | 12.52 | 389 | 10,986,527 |
| GTCO | 39.5 | 255 | 9,549,735 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 23.9 | 393 | 533,240,307.80 |
| AIRTELAFRI | 2200 | 17 | 481,767,179.00 |
| ZENITHBANK | 35.75 | 369 | 447,675,478.05 |
| GTCO | 39.5 | 255 | 372,028,704.25 |
| ACCESSCORP | 21.05 | 472 | 312,144,290.50 |
| MTNN | 247.5 | 385 | 260,036,568.80 |
OUTLOOK
The Equities market recorded a loss at the end of today’s trading. Investors sentiment as measured by market breadth faltered, however we expect a rebound on the last day of the week.
