Trading activities in the Nigerian Equities Market closed negative today, Wednesday (22/05/2024) by 0.16% as the NGX-ASI decreased to 98,128.00 from 98,285.33 recorded at the close of the previous trading day; indicating a YTD return of +31.23%
Similarly, the market capitalization decreased by N89.00 billion to N55,508 trillion from N55.597 trillion recorded at the close of the previous trading day, while the market turnover increased to N5.434 billion from N5.148 billion.
The market breadth was negative at 0.71X as 15 stocks advanced and 21 stocks declined, while 80 stocks remained unchanged. TANTALIZER topped the gainers’ list with +8.00%, while MULTIVERSE declined by -9.82% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 22st May 2024
MARKET STATISTICS
| CAP | N55,508,859,826,123.95 | One Day (ASI CHG) | -0.16% |
| Index | 98,128 | One Week (ASI CHG) | 0.81% |
| Volume | 271,708,015 | One Month (ASI CHG) | -1.54% |
| Value | N5,434,988,390.28 | Six Months (ASI CHG) | +38.20% |
| Deals | 7,383 | 52 Weeks (ASI CHG) | +85.77% |
| Gainers | 15 | Losers | 21 |
| Unchanged | 80 | Total | 116 |
| YTD Returns | +31.23% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.16 |
| NGX30 | -0.19 |
| NGXBNK | -2.01 |
| NGXCNSMRGDS | 0.02 |
| NGXINDUSTR | 0.18 |
| NGXINS | -0.87 |
| NGXLOTUSISLM | 0.37 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| TANTALIZER | 0.50 | 0.54 | 0.04 | 8.00 |
| WAPIC | 0.64 | 0.69 | 0.05 | 7.81 |
| OMATEK | 0.65 | 0.70 | 0.05 | 7.69 |
| JBERGER | 79.30 | 85.00 | 5.70 | 7.19 |
| WAPCO | 33.50 | 35.00 | 1.50 | 4.48 |
| OANDO | 10.10 | 10.50 | 0.40 | 3.96 |
| NB | 23.10 | 23.90 | 0.80 | 3.46 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| MULTIVERSE | 13.75 | 12.40 | -1.35 | -9.82 |
| CORNERST | 2.10 | 1.90 | -0.20 | -9.52 |
| DEAPCAP | 0.44 | 0.40 | -0.04 | -9.09 |
| CAVERTON | 1.42 | 1.30 | -0.12 | -8.45 |
| ROYALEX | 0.60 | 0.55 | -0.05 | -8.33 |
| CHAMS | 1.50 | 1.40 | -0.10 | -6.67 |
| INTENEGINS | 1.49 | 1.41 | -0.08 | -5.37 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 17.00 | 606 | 35,576,261 |
| ZENITHBANK | 31.00 | 854 | 35,357,512 |
| GTCO | 38.00 | 403 | 35,008,420 |
| UBA | 20.35 | 677 | 31,279,532 |
| TRANSCORP | 11.15 | 368 | 25,433,016 |
| JAIZBANK | 2.11 | 131 | 11,959,029 |
| NB | 23.90 | 279 | 10,610,335 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GTCO | 38.00 | 403 | 1,348,157,952.75 |
| ZENITHBANK | 31.00 | 854 | 1,109,564,371.70 |
| UBA | 20.35 | 677 | 641,165,568.50 |
| ACCESSCORP | 17.00 | 606 | 607,587,080.65 |
| SEPLAT | 2,962.20 | 39 | 287,817,177.50 |
| TRANSCORP | 11.15 | 368 | 285,383,106.15 |
| NB | 23.90 | 279 | 246,060,154.10 |
OUTLOOK
Trading session on the Nigerian Exchange closed negative for the day. Trading’s sentiment today could have been affected by the treasury bills auctions or the MPC’s decision to raise the MPR yesterday. We however, foresee mixed sentiment in market performance for the remaining days of the week.
