Trading activities in the Nigerian Equities Market closed positive today, Wednesday (27/03/2024) by 0.32% as the NGX-ASI increased to 104,283.64 from 103,952.47 recorded at the close of the previous trading day; indicating a YTD return of +39.47%.
Similarly, the market capitalization increased today by N187.24 billion to N58.963 trillion from N58.776 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N12.411 billion from N11.291 billion.
The market breadth was positive at 1.40X as 28 stocks advanced and 20 stocks declined, while 70 stocks remained unchanged. CWG topped the gainers’ list with +10.00%, while NNFM declined by -9.97% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 27th March 2024
MARKET STATISTICS
| CAP | N58,963,090,420,183.42 | One Day (ASI CHG) | 0.32% |
| Index | 104,283.64 | One Week (ASI CHG) | 0.03% |
| Volume | 499,706,856 | One Month (ASI CHG) | 3.68% |
| Value | N12,410,876,776.33 | Six Months (ASI CHG) | 56.46% |
| Deals | 10,260 | 52 Weeks (ASI CHG) | 96.30% |
| Gainers | 28 | Losers | 20 |
| Unchanged | 70 | Total | 118 |
| YTD Returns | +39.47% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.32 |
| NGX30 | 0.33 |
| NGXBNK | 3.01 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | 0.07 |
| NGXINS | 0.12 |
| NGXLOTUSISLM | 0.25 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| CWG | 6.50 | 7.15 | 0.65 | 10.00 |
| JULI | 8.63 | 9.49 | 0.86 | 9.97 |
| FTNCOCOA | 1.61 | 1.77 | 0.16 | 9.94 |
| CONHALLPLC | 1.44 | 1.58 | 0.14 | 9.72 |
| LIVESTOCK | 1.65 | 1.81 | 0.16 | 9.70 |
| UPDC | 1.37 | 1.50 | 0.13 | 9.49 |
| ELLAHLAKES | 3.38 | 3.69 | 0.31 | 9.17 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| NNFM | 53.65 | 48.30 | -5.35 | -9.97 |
| PRESTIGE | 0.62 | 0.56 | -0.06 | -9.68 |
| OMATEK | 0.79 | 0.72 | -0.07 | -8.86 |
| VERITASKAP | 0.70 | 0.64 | -0.06 | -8.57 |
| MAYBAKER | 6.00 | 5.50 | -0.50 | -8.33 |
| UPDCREIT | 5.10 | 4.70 | -0.40 | -7.84 |
| NPFMCRFBK | 1.84 | 1.70 | -0.14 | -7.61 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 24.00 | 1188 | 83,600,935 |
| ZENITHBANK | 44.00 | 867 | 53,203,397 |
| UBA | 27.80 | 623 | 49,679,226 |
| GTCO | 52.00 | 674 | 49,530,647 |
| TRANSCORP | 13.60 | 713 | 48,082,035 |
| FIDELITYBK | 9.95 | 298 | 22,516,631 |
| STERLINGNG | 5.40 | 186 | 17,633,926 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| GTCO | 52.00 | 674 | 2,520,853,369.60 |
| ZENITHBANK | 44.00 | 867 | 2,263,208,399.05 |
| ACCESSCORP | 24.00 | 1188 | 1,974,189,601.10 |
| UBA | 27.80 | 623 | 1,362,000,979.25 |
| TRANSCORP | 13.60 | 713 | 646,529,932.50 |
| MTNN | 229.90 | 326 | 604,583,763.90 |
| TRANSPOWER | 377.00 | 262 | 583,865,052.10 |
OUTLOOK
Trading session on the Nigerian Exchange closed positive at the end of today’s trading. It is projected that the market will continue in this direction for the remaining day of the week.
