Trading activities in the Nigerian Equities Market closed flat today, Wednesday (8/05/2024) as the NGX-ASI remained at 98,223.97 from 98,228.50 recorded at the close of the previous trading day; indicating a YTD return of +31.36%
The market capitalization on the other hand decreased by N2.56 billion to N55.552 trillion from N55.554 trillion recorded at the close of the previous trading day, While the market turnover increased to N9.178 billion from N8.348 billion.
The market breadth was negative at 0.72X as 13 stocks advanced and 18 stocks declined, while 85 stocks remained unchanged. OKOMUOIL topped the gainers’ list with +9.98%, while PZ declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume while MTNN recorded the highest value for the day.
Read: NGX Price List for Wednesday, 8th May 2024
MARKET STATISTICS
| CAP | N55,552,089,688,033.00 | One Day (ASI CHG) | 0.00% |
| Index | 98,223.97 | One Week (ASI CHG) | 0.00% |
| Volume | 319,076,561 | One Month (ASI CHG) | -5.04% |
| Value | N9,178,212,548.73 | Six Months (ASI CHG) | 38.79% |
| Deals | 8,121 | 52 Weeks (ASI CHG) | 88.31% |
| Gainers | 13 | Losers | 18 |
| Unchanged | 85 | Total | 116 |
| YTD Returns | +31.36% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.00 |
| NGX30 | 0.04 |
| NGXBNK | -1.03 |
| NGXCNSMRGDS | -0.27 |
| NGXINDUSTR | -0.22 |
| NGXINS | -0.15 |
| NGXLOTUSISLM | 0.93 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| OKOMUOIL | 232.50 | 255.70 | 23.20 | 9.98 |
| TANTALIZER | 0.36 | 0.39 | 0.03 | 8.33 |
| CUTIX | 2.85 | 3.00 | 0.15 | 5.26 |
| WAPIC | 0.68 | 0.71 | 0.03 | 4.41 |
| JAIZBANK | 2.30 | 2.40 | 0.10 | 4.35 |
| FCMB | 7.70 | 7.95 | 0.25 | 3.25 |
| FTNCOCOA | 1.59 | 1.64 | 0.05 | 3.14 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| PZ | 38.00 | 34.20 | -3.80 | -10.00 |
| INTBREW | 4.35 | 3.92 | -0.43 | -9.89 |
| STERLINGNG | 4.90 | 4.43 | -0.47 | -9.59 |
| LINKASSURE | 0.85 | 0.77 | -0.08 | -9.41 |
| NASCON | 45.00 | 41.00 | -4.00 | -8.89 |
| ELLAHLAKES | 3.50 | 3.31 | -0.19 | -5.43 |
| WAPCO | 35.00 | 33.10 | -1.90 | -5.43 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| UBA | 26.00 | 689 | 79,978,768 |
| TRANSCORP | 12.60 | 742 | 38,586,226 |
| ACCESSCORP | 17.35 | 712 | 34,065,459 |
| GTCO | 38.00 | 396 | 25,205,592 |
| FIDELITYBK | 8.95 | 214 | 12,629,015 |
| MTNN | 220.00 | 428 | 11,865,974 |
| ZENITHBANK | 33.80 | 517 | 11,337,471 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| MTNN | 220.00 | 428 | 2,556,240,343.70 |
| UBA | 26.00 | 689 | 2,074,231,089.55 |
| GTCO | 38.00 | 396 | 968,613,279.60 |
| NESTLE | 820.00 | 91 | 629,215,629.60 |
| ACCESSCORP | 17.35 | 712 | 594,523,096.40 |
| TRANSCORP | 12.60 | 742 | 472,367,823.55 |
| ZENITHBANK | 33.80 | 517 | 390,349,972.45 |
OUTLOOK
The Equities Market closed 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.
