Trading activities in the Nigerian Equities Market closed negative today, Tuesday (13/02/2024) by 0.33% as the NGX-ASI decreased to 101,707.70 from 102,042.32 recorded at the close of the previous trading day; indicating a YTD return of +36.02%.
Similarly, the market capitalization decreased today by N183.10 billion to N55.652 trillion from N55.836 trillion recorded at the close of the previous trading day, While, the market turnover decreased to N4.300 billion from N5.125 billion.
The market breadth was negative at 0.83X as 24 stocks advanced and 29 stocks declined, while 68 stocks remained unchanged. HONYFLOUR topped the gainers’ list with +9.92%, while PZ declined by 9.87% to lead the losers’ chart.
VERITASKAP recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Tuesday, 13th February 2024
MARKET STATISTICS
| CAP | N55,652,950,355,651.07 | One Day (ASI CHG) | -0.33% |
| Index | 101,707.70 | One Week (ASI CHG) | -0.39% |
| Volume | 263,192,299 | One Month (ASI CHG) | 22.48% |
| Value | N4,300,626,133.94 | Six Months (ASI CHG) | 56.64% |
| Deals | 8,614 | 52 Weeks (ASI CHG) | 87.08% |
| Gainers | 24 | Losers | 29 |
| Unchanged | 68 | Total | 121 |
| YTD Returns | +36.02% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.33 |
| NGX30 | -0.32 |
| NGXBNK | -1.85 |
| NGXCNSMRGDS | -0.22 |
| NGXINDUSTR | -0.10 |
| NGXINS | 1.13 |
| NGXLOTUSISLM | -0.22 |
| NGXOILGAS | 0.09 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| HONYFLOUR | 3.93 | 4.32 | 0.39 | 9.92 |
| JULI | 1.01 | 1.11 | 0.10 | 9.90 |
| CORNERST | 2.43 | 2.67 | 0.24 | 9.88 |
| ABCTRANS | 0.82 | 0.90 | 0.08 | 9.76 |
| VERITASKAP | 0.73 | 0.80 | 0.07 | 9.59 |
| NCR | 4.40 | 4.80 | 0.40 | 9.09 |
| ROYALEX | 0.77 | 0.84 | 0.07 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| PZ | 27.85 | 25.10 | -2.75 | -9.87 |
| MORISON | 3.05 | 2.75 | -0.30 | -9.84 |
| CWG | 6.70 | 6.05 | -0.65 | -9.70 |
| ETRANZACT | 6.70 | 6.05 | -0.65 | -9.70 |
| SOVRENINS | 0.52 | 0.47 | -0.05 | -9.62 |
| DAARCOMM | 0.75 | 0.68 | -0.07 | -9.33 |
| TANTALIZER | 0.47 | 0.43 | -0.04 | -8.51 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| VERITASKAP | 0.80 | 143 | 49,074,802 |
| UBA | 23.95 | 508 | 24,341,620 |
| FIDELITYBK | 11.40 | 302 | 20,075,131 |
| TRANSCORP | 12.90 | 427 | 17,915,701 |
| ZENITHBANK | 35.50 | 599 | 16,018,107 |
| AIICO | 1.20 | 118 | 9,052,389 |
| GTCO | 39.45 | 288 | 8,601,691 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 23.95 | 508 | 587,502,443.80 |
| ZENITHBANK | 35.5 | 599 | 578,151,314.95 |
| GEREGU | 721.5 | 229 | 357,987,451.70 |
| GTCO | 39.45 | 288 | 340,316,050.65 |
| MTNN | 275 | 333 | 299,861,869.20 |
| TRANSCORP | 12.9 | 427 | 235,277,077.00 |
| FIDELITYBK | 11.4 | 302 | 217,330,941.55 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed negative for the day. This is primarily driven by investors’ buying interest . We expect the market mixed sentiment in the remaining days of the week.
