Trading activities in the Nigerian Equities Market closed flat today, Wednesday (07/02/2024) as the NGX-ASI remained at 102,106.31 from 102,108.05 recorded at the close of the previous trading day; indicating a YTD return of +34.37%.
The market capitalization on the other hand decreased by N0.95Billion to N55,87 trillion from N55,87 trillion recorded at the close of the previous trading day, While the market turnover decreased to N6.244 billion from N7.596 billion.
The market breadth was negative at 0.54X as 19 stocks advanced and 35 stocks declined, while 67 stocks remained unchanged. MEYER topped the gainers’ list with +10.00%, while AIICO declined by -9.92% to lead the losers’ chart.
TRANSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 7th February 2024
MARKET STATISTICS
| CAP | N55,871,064,370,709.16 | One Day (ASI CHG) | 0.00% |
| Index | 102,106.31 | One Week (ASI CHG) | 0.94% |
| Volume | 330,304,123 | One Month (ASI CHG) | 27.12% |
| Value | N6,243,882,471.37 | Six Months (ASI CHG) | 59.12% |
| Deals | 9,474 | 52 Weeks (ASI CHG) | 88.04% |
| Gainers | 19 | Losers | 35 |
| Unchanged | 67 | Total | 121 |
| YTD Returns | +34.37% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.00 |
| NGX30 | 0.00 |
| NGXBNK | -1.45 |
| NGXCNSMRGDS | 1.32 |
| NGXINDUSTR | -0.10 |
| NGXINS | -1.49 |
| NGXLOTUSISLM | 0.24 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| MEYER | 5.20 | 5.72 | 0.52 | 10.00 |
| TRIPPLEG | 3.76 | 4.13 | 0.37 | 9.84 |
| JULI | 0.77 | 0.84 | 0.07 | 9.09 |
| CORNERST | 2.05 | 2.23 | 0.18 | 8.78 |
| AFRIPRUD | 8.05 | 8.75 | 0.70 | 8.70 |
| CONHALLPLC | 1.53 | 1.60 | 0.07 | 4.58 |
| MAYBAKER | 6.80 | 7.10 | 0.30 | 4.41 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change | % Change |
| AIICO | 1.31 | 1.18 | -0.13 | -9.92 |
| CADBURY | 24.20 | 21.90 | -2.30 | -9.50 |
| GUINEAINS | 0.56 | 0.51 | -0.05 | -8.93 |
| TANTALIZER | 0.46 | 0.42 | -0.04 | -8.70 |
| HONYFLOUR | 4.31 | 4.01 | -0.30 | -6.96 |
| CHAMS | 2.88 | 2.68 | -0.20 | -6.94 |
| UPDCREIT | 6.55 | 6.15 | -0.40 | -6.11 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 13.97 | 780 | 39,900,233 |
| FBNH | 24.90 | 329 | 33,609,169 |
| GTCO | 39.20 | 474 | 26,016,355 |
| UBA | 25.15 | 730 | 23,947,253 |
| FIDELITYBK | 11.50 | 244 | 18,254,348 |
| ACCESSCORP | 25.15 | 370 | 17,694,837 |
| JAIZBANK | 2.69 | 215 | 12,948,939 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.20 | 474 | 1,018,973,450.00 |
| FBNH | 24.90 | 329 | 840,594,682.00 |
| UBA | 25.15 | 730 | 598,174,581.35 |
| TRANSCORP | 13.97 | 780 | 548,882,135.04 |
| ACCESSCORP | 25.15 | 370 | 442,941,113.30 |
| ZENITHBANK | 36.80 | 538 | 442,001,061.25 |
| JBERGER | 56.00 | 54 | 370,240,954.20 |
OUTLOOK
The Equities Market remained flat at the end of today’s trading. It is expected that the market will sustain mixed performance throughout the remaining days of the week.
