Trading activities in the Nigerian Equities Market closed positive today, Thursday (04/01/2024) by 0.62% as the NGX-ASI increased to 78,020.54 from 77,537.57 recorded at the close of the previous trading day; indicating a YTD return of +4.34%.
Similarly, the market capitalization increased today by N264 billion to N42.694 trillion from N42.429 trillion recorded at the close of the previous trading day, While the market turnover increased to N11.162 billion from N10.691 billion.
The market breadth was positive at 2.18X as 48 stocks advanced and 22 stocks declined, while 50 stocks remained unchanged. WEMABANK topped the gainers’ list with +10.00%, while MULTIVERSE declined by -9.97% to lead the losers’ chart.
FCMB recorded the highest volume while FIDELITYBK recorded the highest value for the day.
Read: NGX Price List for Thursday, 4th January 2024
MARKET STATISTICS
| CAP | N42,694,148,436,520.87 | One Day (ASI CHG) | +0.62% |
| Index | 78,020.54 | One Week (ASI CHG) | +4.72% |
| Volume | 984,193,911 | One Month (ASI CHG) | +8.65% |
| Value | N11,161,519,042.64 | Six Months (ASI CHG) | +25.80% |
| Deals | 12,976 | 52 Weeks (ASI CHG) | +51.03% |
| Gainers | 48 | Losers | 22 |
| Unchanged | 50 | Total | 120 |
| YTD Returns | +4.34% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.62 |
| NGX30 | 0.69 |
| NGXBNK | 0.13 |
| NGXCNSMRGDS | 0.55 |
| NGXINDUSTR | 0.00 |
| NGXINS | 2.62 |
| NGXLOTUSISLM | 0.40 |
| NGXOILGAS | 0.73 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| WEMABANK | 6.10 | 6.71 | 0.61 | 10.00 |
| LEARNAFRCA | 2.90 | 3.19 | 0.29 | 10.00 |
| TRANSCORP | 10.47 | 11.51 | 1.04 | 9.93 |
| IKEJAHOTEL | 7.26 | 7.98 | 0.72 | 9.92 |
| STERLINGNG | 4.78 | 5.25 | 0.47 | 9.83 |
| UNITYBNK | 1.95 | 2.14 | 0.19 | 9.74 |
| MORISON | 3.08 | 3.38 | 0.30 | 9.74 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| MULTIVERSE | 22.46 | 20.22 | -2.24 | -9.97 |
| MEYER | 3.59 | 3.24 | -0.35 | -9.75 |
| TRIPPLEG | 2.15 | 1.95 | -0.20 | -9.30 |
| JOHNHOLT | 2.32 | 2.12 | -0.20 | -8.62 |
| ABCTRANS | 0.97 | 0.89 | -0.08 | -8.25 |
| JBERGER | 43.00 | 40.00 | -3.00 | -6.98 |
| CORNERST | 1.65 | 1.55 | -0.10 | -6.06 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| FCMB | 8.90 | 433 | 106,813,224 |
| FIDELITYBK | 13.35 | 592 | 103,057,535 |
| UNITYBNK | 2.14 | 352 | 75,788,104 |
| STERLINGNG | 5.25 | 269 | 71,561,660 |
| UNIVINSURE | 0.29 | 89 | 43,698,296 |
| WEMABANK | 6.71 | 172 | 42,418,353 |
| TRANSCORP | 11.51 | 275 | 41,192,136 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value(N) |
| FIDELITYBK | 13.35 | 592 | 1,306,042,624.80 |
| ZENITHBANK | 41.00 | 605 | 1,184,212,946.05 |
| FCMB | 8.90 | 433 | 957,534,160.70 |
| ACCESSCORP | 25.00 | 683 | 877,979,895.15 |
| UBA | 28.00 | 668 | 839,545,153.90 |
| GTCO | 42.00 | 345 | 504,830,145.75 |
| TRANSCORP | 11.51 | 275 | 474,121,485.36 |
OUTLOOK
The Equities market closed today’s trading positive to continue with its landmark performance since the beginning of the year. Sustained buying interest from investors into financial and consumer goods stocks continue to drive the market positively. This run is expected to continue as investors sustain interest in trading fundamentally sound stocks.
