Trading activities in the Nigerian Equities Market closed negative today, Wednesday (17/04/2024) by 0.80% as the NGX-ASI decreased to 99,908.89 from 100,717.21 recorded at the close of the previous trading day; indicating a YTD return of +33.61%
Similarly, the market capitalization decreased today by N457.02 billion to N56,504.98trillion from N56,962.00 recorded at the close of the previous trading day, Also, the market turnover decreased to N5.820 billion from N8.381 billion.
The market breadth was negative at 0.65X as 17 stocks advanced and 26 stocks declined, while 78 stocks remained unchanged. IKEJAHOTEL topped the gainers’ list with +10.00%, while LIVESTOCK declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Wednesday, 17th April 2024
MARKET STATISTICS
| CAP | N56,504,978,125,346.71 | One Day (ASI CHG) | -0.80% |
| Index | 99,908.89 | One Week (ASI CHG) | -3.05% |
| Volume | 322,655,565 | One Month (ASI CHG) | -4.93% |
| Value | N5,820,462,167.09 | Six Months (ASI CHG) | 48.34% |
| Deals | 9,074 | 52 Weeks (ASI CHG) | 95.37% |
| Gainers | 17 | Losers | 26 |
| Unchanged | 78 | Total | 121 |
| YTD Returns | +33.61% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.1 |
| NGX30 | 0.15 |
| NGXBNK | 1.1 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | -0.00 |
| NGXINS | 0.58 |
| NGXLOTUSISLM | 0.06 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| IKEJAHOTEL | 6.60 | 7.26 | 0.66 | 10.00 |
| FIDELITYBK | 8.10 | 8.90 | 0.80 | 9.88 |
| ACADEMY | 1.74 | 1.91 | 0.17 | 9.77 |
| MORISON | 3.09 | 3.39 | 0.30 | 9.71 |
| PRESTIGE | 0.54 | 0.59 | 0.05 | 9.26 |
| CILEASING | 3.40 | 3.70 | 0.30 | 8.82 |
| GUINEAINS | 0.34 | 0.37 | 0.03 | 8.82 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| LIVESTOCK | 1.60 | 1.44 | -0.16 | -10.00 |
| CWG | 7.15 | 6.45 | -0.70 | -9.79 |
| INTENEGINS | 1.43 | 1.29 | -0.14 | -9.79 |
| FTNCOCOA | 1.44 | 1.30 | -0.14 | -9.72 |
| AFRIPRUD | 6.90 | 6.25 | -0.65 | -9.42 |
| VERITASKAP | 0.66 | 0.60 | -0.06 | -9.09 |
| SOVRENINS | 0.48 | 0.44 | -0.04 | -8.33 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| UBA | 22.75 | 1,092 | 55,013,392 |
| ZENITHBANK | 35.40 | 907 | 47,029,903 |
| ACCESSCORP | 17.40 | 845 | 44,986,248 |
| UNIVINSURE | 0.35 | 63 | 21,249,784 |
| TRANSCORP | 13.60 | 346 | 15,921,797 |
| GTCO | 35.75 | 587 | 13,688,797 |
| FTNCOCOA | 1.30 | 77 | 10,579,803 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ZENITHBANK | 35.40 | 907 | 1,690,798,174.60 |
| UBA | 22.75 | 1,092 | 1,284,392,149.70 |
| ACCESSCORP | 17.40 | 845 | 789,622,308.95 |
| GTCO | 35.75 | 587 | 495,547,584.30 |
| MTNN | 224.00 | 264 | 257,465,268.50 |
| TRANSCORP | 13.60 | 346 | 211,402,303.35 |
| FBNH | 27.00 | 349 | 196,250,512.65 |
OUTLOOK
The Nigerian Exchange (NGX) closed in red at the close of today’s trading. The consumer goods sector recorded the lowest of all the sectors, we foresee a mixed sentiment with IMF possible economic growth increase of 0.3 percentage points .
