Losing Trend Halted With N70.87 Bn Gains

Trading activities in the Nigerian Equities Market closed positive today, Monday (22/04/2024) by 0.13% as the NGX-ASI increased to 99,665.05 from 99,539.75 recorded at the close of the previous trading day; indicating a YTD return of +33.29%

Similarly, the market capitalization increased today by N70.87 billion to N56,367.21 trillion from N56,296.34 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N5.301 billion from N5.399 billion.

The market breadth was negative at 0.89X as 16 stocks advanced and 18 stocks declined, while 85 stocks remained unchanged. JAPAULGOLD topped the gainers’ list with +9.58%, while PRESTIGE declined by -9.84% to lead the losers’ chart.

GTCO recorded the highest volume and value for the day.

Read: NGX Price List for Monday, 22nd April 2024

MARKET STATISTICS

CAPN56,367,207,131,592.22One Day (ASI CHG)0.13%
Index99,665.05One Week (ASI CHG)-2.08%
Volume306,620,144One Month (ASI CHG)-4.76%
ValueN5,300,706,332.66Six Months (ASI CHG)49.03%
Deals8,29852 Weeks (ASI CHG)93.13%
Gainers16Losers18
Unchanged85Total119
YTD Returns+33.29%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.13
NGX300.23
NGXBNK1.27
NGXCNSMRGDS-0.01
NGXINDUSTR0.06
NGXINS0.46
NGXLOTUSISLM0.11
NGXOILGAS0.00

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change(N)%Change
JAPAULGOLD1.671.830.169.58
GTCO33.5036.703.209.55
FTNCOCOA1.371.490.128.76
UNIVINSURE0.350.380.038.57
RTBRISCOE0.590.640.058.47
LINKASSURE0.880.950.077.95
CONHALLPLC1.301.400.107.69

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change(N)%Change
PRESTIGE0.610.55-0.06-9.84
OMATEK0.840.76-0.08-9.52
VITAFOAM18.9017.15-1.75-9.26
LEARNAFRCA3.303.00-0.30-9.09
UACN11.3510.60-0.75-6.61
FCMB7.206.75-0.45-6.25
FIDELITYBK8.908.35-0.55-6.18

Top 7 Traded Stocks By Volume

SecurityClose PriceNumber of TradesDaily Volume 
GTCO36.7063050,157,992
ACCESSCORP16.8095148,067,350
UBA22.8577641,747,221
UNIVINSURE0.385039,713,559
ZENITHBANK37.9063215,165,575
TRANSCORP14.4033710,986,985
JAPAULGOLD1.831599,132,759

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesDaily Value(N)
GTCO36.706301,773,809,715.85
UBA22.85776956,455,434.65
ACCESSCORP16.80951815,925,412.85
ZENITHBANK37.90632560,322,902.10
STANBIC45.00129216,720,667.50
TRANSCORP14.40337153,838,515.55
VFDGROUP202.901589,798,560.90

OUTLOOK

The Nigerian Exchange (NGX) closed with positive sentiment at the close of today’s trading, halting the losing trend. We expect the market to show a mixed trend throughout the remaining days of the week.

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