Equity Market Dips With 0.06% ASI.

Trading activities in the Nigerian Equities Market closed negative today, Thursday (18/04/2024) by 0.06% as the NGX-ASI decreased to 99,845.91 from 99,908.89 recorded at the close of the previous trading day; indicating a YTD return of +33.53%

Similarly, the market capitalization decreased today by N35.49 billion to N56,469.49 trillion from N56,504.98 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N5.542 billion from N5.820 billion.

The market breadth was negative at 0.89X as 16 stocks advanced and 18 stocks declined, while 84 stocks remained unchanged. GUINNESS topped the gainers’ list with +10.00%, while UCAP declined by -9.73% to lead the losers’ chart.

ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.

Read: NGX Price List for Thursday, 18th April 2024

MARKET STATISTICS

CAPN56,469,493,117,764.46One Day (ASI CHG)-0.06%
Index99,845.91One Week (ASI CHG)-3.11%
Volume285,905,432One Month (ASI CHG)-4.60%
ValueN5,542,625,102.49Six Months (ASI CHG)48.80%
Deals7,72652 Weeks (ASI CHG)95.09%
Gainers16Losers18
Unchanged84Total118
YTD Returns+33.53%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-0.06
NGX30-0.01
NGXBNK-0.63
NGXCNSMRGDS0.14
NGXINDUSTR0.00
NGXINS0.03
NGXLOTUSISLM-0.07
NGXOILGAS 0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N) Price Change(N)%Change
GUINNESS50.0055.005.0010.00
NEIMETH1.641.800.169.76
MORISON3.393.720.339.73
INTENEGINS1.291.410.129.30
REGALINS0.360.390.038.33
CORNERST1.861.930.073.76
PRESTIGE0.590.610.023.39

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change(N)%Change
UCAP20.0518.1-1.95-9.73
CONHALLPLC1.341.21-0.13-9.70
CWG6.35.7-0.6-9.52
CHAMS1.861.69-0.17-9.14
SUNUASSUR1.091-0.09-8.26
GUINEAINS0.370.34-0.03-8.11
LIVESTOCK1.441.33-0.11-7.64

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of TradesDaily Volume
ACCESSCORP17.2570343,979,594
GTCO34.3567732,790,393
UBA22.7068828,445,087
TRANSCORP14.00425 23,588,615
ZENITHBANK36.00 597 22,007,605
FIDELITYBK8.7034818,841,962
JAPAULGOLD1.6910710,113,292

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesDaily Value(N)
GTCO34.356771,141,950,855.65
ZENITHBANK36597 795,983,152.50
ACCESSCORP17.25703766,170,300.15
GEREGU100036662,220,000.00
UBA22.7688649,954,380.00
TRANSCORP14425 326,651,868.30
FIDELITYBK8.7348168,294,737.80

OUTLOOK

The Nigerian Exchange (NGX) closed in red at the close of today’s trading. We foresee a mixed sentiment for the remaining day of the week.

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