Trading activities in the Nigerian Equities Market closed negative today, Monday (05/02/2024) by 0.73% as the NGX-ASI decreased to 103,659.81 from 104,421.23 recorded at the close of the previous trading day; indicating a YTD return of +36.41%.
Similarly, the market capitalization decreased today by N436.97 Billion to N56.721 trillion from N57.158 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N19.327 billion from N23.475 billion.
The market breadth was negative at 0.92X as 26stocks advanced and 28 stocks declined, while 66 stocks remained unchanged. CADBURY topped the gainers’ list with +10.00%, while ABBEYBDS declined by -9.70% to lead the losers’ chart.
FBNH recorded the highest volume and value for the day.
Read: NGX Price List for Monday, 5th February 2024
MARKET STATISTICS
| CAP | N56,721,117,901,675.30 | One Day (ASI CHG) | -0.73% |
| Index | 103,659.81 | One Week (ASI CHG) | -0.97% |
| Volume | 841,551,481 | One Month (ASI CHG) | 30.12% |
| Value | N19,327,652,550.74 | Six Months (ASI CHG) | 58.65% |
| Deals | 13,674 | 52 Weeks (ASI CHG) | 90.66% |
| Gainers | 26 | Losers | 28 |
| Unchanged | 66 | Total | 120 |
| YTD Returns | +36.41% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.73 |
| NGX30 | -0.81 |
| NGXBNK | -2.30 |
| NGXCNSMRGDS | -0.03 |
| NGXINDUSTR | 0.00 |
| NGXINS | 2.67 |
| NGXLOTUSISLM | -1.01 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CADBURY | 20.00 | 22.00 | 2.00 | 10.00 |
| MAYBAKER | 6.30 | 6.93 | 0.63 | 10.00 |
| MEYER | 4.30 | 4.73 | 0.43 | 10.00 |
| CORNERST | 1.90 | 2.09 | 0.19 | 10.00 |
| DAARCOMM | 0.70 | 0.77 | 0.07 | 10.00 |
| SOVRENINS | 0.51 | 0.56 | 0.05 | 9.80 |
| ELLAHLAKES | 3.40 | 3.73 | 0.33 | 9.71 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| ABBEYBDS | 2.99 | 2.70 | -0.29 | -9.70 |
| LIVESTOCK | 2.07 | 1.87 | -0.20 | -9.66 |
| FIDELITYBK | 12.80 | 11.60 | -1.20 | -9.38 |
| JAIZBANK | 2.90 | 2.67 | -0.23 | -7.93 |
| MTNN | 290.00 | 274.00 | -16.00 | -5.52 |
| TRANSCORP | 15.40 | 14.75 | -0.65 | -4.22 |
| PZ | 36.40 | 34.95 | -1.45 | -3.98 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 26.00 | 767 | 332,296,546 |
| TRANSCORP | 14.75 | 884 | 49,968,959 |
| OANDO | 14.40 | 789 | 43,506,559 |
| UBA | 27.20 | 722 | 34,731,384 |
| NB | 38.00 | 163 | 29,747,257 |
| JAPAULGOLD | 3.07 | 349 | 27,954,558 |
| FIDELITYBK | 11.60 | 321 | 21,612,630 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| FBNH | 26.00 | 767 | 8,954,955,843.05 |
| NB | 38.00 | 163 | 1,133,057,199.95 |
| GEREGU | 614.90 | 321 | 979,507,644.10 |
| UBA | 27.20 | 722 | 951,326,847.70 |
| TRANSCORP | 14.75 | 884 | 812,132,258.29 |
| NESTLE | 1100.00 | 79 | 668,026,749.00 |
| ZENITHBANK | 38.70 | 558 | 656,379,620.70 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed negative for the day. We anticipate a mildly negative performance on the local bourse as investors take profit from the recent gains.
