Trading activities in the Nigerian Equities Market closed positive today, Thursday (9/05/2024) as the NGX-ASI increased to 98,255.72 from 98,223.97 recorded at the close of the previous trading day; indicating a YTD return of +31.40%
Similarly, the market capitalization increased by N17.96 billion to N55.570 trillion from N55.552 trillion recorded at the close of the previous trading day, While the market turnover increased to N16.664 billion from N9.178 billion.
The market breadth was positive at 1.05X as 22 stocks advanced and 21 stocks declined, while 77 stocks remained unchanged. LEARNAFRCA topped the gainers’ list with +10.00%, while PZ declined by -9.94% to lead the losers’ chart.
NB recorded the highest volume and the highest value for the day.
Read: NGX Price List for Thursday, 9th May 2024
MARKET STATISTICS
| CAP | N55,570,047,344,056.23 | One Day (ASI CHG) | 0.03% |
| Index | 98,255.72 | One Week (ASI CHG) | -0.51% |
| Volume | 676,422,174 | One Month (ASI CHG) | -4.65% |
| Value | N16,664,163,351.76 | Six Months (ASI CHG) | 38.74% |
| Deals | 8,415 | 52 Weeks (ASI CHG) | 88.15% |
| Gainers | 22 | Losers | 21 |
| Unchanged | 77 | Total | 120 |
| YTD Returns | +31.40% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.03 |
| NGX30 | 0.1 |
| NGXBNK | 1.06 |
| NGXCNSMRGDS | -0.54 |
| NGXINDUSTR | 0.04 |
| NGXINS | 0.47 |
| NGXLOTUSISLM | -0.14 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| LEARNAFRCA | 3.00 | 3.30 | 0.30 | 10.00 |
| TANTALIZER | 0.39 | 0.42 | 0.03 | 7.69 |
| MBENEFIT | 0.55 | 0.58 | 0.03 | 5.45 |
| GTCO | 38.00 | 40.00 | 2.00 | 5.26 |
| OANDO | 10.20 | 10.70 | 0.50 | 4.90 |
| UNITYBNK | 1.62 | 1.69 | 0.07 | 4.32 |
| STERLINGNG | 4.43 | 4.60 | 0.17 | 3.84 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| PZ | 34.20 | 30.80 | -3.40 | -9.94 |
| SOVRENINS | 0.42 | 0.38 | -0.04 | -9.52 |
| HONYFLOUR | 3.28 | 3.01 | -0.27 | -8.23 |
| AFRIPRUD | 6.85 | 6.45 | -0.40 | -5.84 |
| JAIZBANK | 2.40 | 2.28 | -0.12 | -5.00 |
| DANGSUGAR | 47.35 | 45.00 | -2.35 | -4.96 |
| CILEASING | 3.55 | 3.40 | -0.15 | -4.23 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| NB | 24.00 | 349 | 300,360,867 |
| UBA | 26.15 | 849 | 130,956,445 |
| GTCO | 40.00 | 517 | 47,625,664 |
| ZENITHBANK | 34.00 | 743 | 33,948,856 |
| TRANSCORP | 12.95 | 414 | 24,802,254 |
| ACCESSCORP | 17.50 | 635 | 24,001,747 |
| ELLAHLAKES | 3.30 | 64 | 12,558,958 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| NB | 24.00 | 349 | 6,913,295,486.65 |
| UBA | 26.15 | 849 | 3,398,847,308.10 |
| GTCO | 40.00 | 517 | 1,910,879,669.95 |
| ZENITHBANK | 34.00 | 743 | 1,163,898,420.60 |
| MTNN | 220.00 | 318 | 754,261,018.50 |
| ACCESSCORP | 17.50 | 635 | 420,002,882.50 |
| AIRTELAFRI | 1973.00 | 42 | 349,617,817.20 |
OUTLOOK
The Equities Market closed positive at the end of today’s trading. It is projected that the market performance will continue in this direction at the close of the trading week as investors continue to await more corporate release.
