Trading activities in the Nigerian Equities Market closed positive today, Monday (08/01/2024) by 0.83% as the NGX-ASI increased to 80,324.53 from 79,664.66 recorded at the close of the previous trading day; indicating a YTD return of +7.42%.
Similarly, the market capitalization increased today by N363.31 billion to N43.957 trillion from N43.594 trillion recorded at the close of the previous trading day, While the market turnover decreased to N15.257 billion from N14.329 billion.
The market breadth was positive at 3.12X as 53 stocks advanced and 17 stocks declined, while 49 stocks remained unchanged. JBERGER topped the gainers’ list with +10.00%, while DAARCOMM declined by -9.30% to lead the losers’ chart.
DAARCOMM recorded the highest volume while TRANSCORP recorded the highest value for the day.
Read: NGX Price List for Monday, 8th January 2024
MARKET STATISTICS
| CAP | N43,957,143,221,008.79 | One Day (ASI CHG) | +0.83% |
| Index | 80,324.53 | One Week (ASI CHG) | +7.42% |
| Volume | 1,190,164,298 | One Month (ASI CHG) | +12.28% |
| Value | N15,256,852,992.33 | Six Months (ASI CHG) | +24.33% |
| Deals | 16,081 | 52 Weeks (ASI CHG) | +55.39% |
| Gainers | 53 | Losers | 17 |
| Unchanged | 49 | Total | 119 |
| YTD Returns | +7.42% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.83 |
| NGX30 | 0.89 |
| NGXBNK | 2.23 |
| NGXCNSMRGDS | 0.13 |
| NGXINDUSTR | 0.67 |
| NGXINS | 6.28 |
| NGXLOTUSISLM | 1.94 |
| NGXOILGAS | 0.59 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| JBERGER | 42.50 | 46.75 | 4.25 | 10.00 |
| CUTIX | 2.50 | 2.75 | 0.25 | 10.00 |
| JAIZBANK | 2.30 | 2.53 | 0.23 | 10.00 |
| LASACO | 2.20 | 2.42 | 0.22 | 10.00 |
| CORNERST | 1.70 | 1.87 | 0.17 | 10.00 |
| OMATEK | 0.90 | 0.99 | 0.09 | 10.00 |
| WEMABANK | 7.38 | 8.11 | 0.73 | 9.89 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| DAARCOMM | 1.29 | 1.17 | -0.12 | -9.30 |
| ETERNA | 16.50 | 15.05 | -1.45 | -8.79 |
| CWG | 8.93 | 8.30 | -0.63 | -7.05 |
| PZ | 29.00 | 27.00 | -2.00 | -6.90 |
| FIDELITYBK | 14.20 | 13.35 | -0.85 | -5.99 |
| CAVERTON | 2.20 | 2.10 | -0.10 | -4.55 |
| BERGER | 14.30 | 13.65 | -0.65 | -4.55 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| DAARCOMM | 1.17 | 107 | 3,444,465 |
| ETERNA | 15.05 | 109 | 1,288,809 |
| CWG | 8.30 | 247 | 7,585,704 |
| PZ | 27.00 | 45 | 817,698 |
| FIDELITYBK | 13.35 | 861 | 87,654,303 |
| CAVERTON | 2.10 | 88 | 1,648,718 |
| BERGER | 13.65 | 28 | 391,021 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| TRANSCORP | 13.90 | 2052 | 4,077,592,027.86 |
| FIDELITYBK | 13.35 | 861 | 1,189,248,186.70 |
| MTNN | 285.00 | 514 | 1,138,990,430.70 |
| FCMB | 10.65 | 702 | 1,083,878,019.80 |
| UBA | 29.90 | 667 | 829,531,186.40 |
| ACCESSCORP | 27.40 | 725 | 756,351,200.50 |
| ZENITHBANK | 43.05 | 503 | 662,967,115.00 |
OUTLOOK
The Equities market closed positive at the end of today’s trading to begin the week. The upward movements were attributed to an increased buying interest observed in stocks. We anticipate investors sentiments in the local equities market to remain strong.
