Trading activities in the Nigerian Equities Market closed positive today, Thursday (29/02/2024) by 0.72% as the NGX-ASI increased to 99,980.30 from 99,266.02 recorded at the close of the previous trading day; indicating a YTD return of +33.71%.
Similarly, the market capitalization increased today by N391 billion to N54.707 trillion from N54.317 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N8.696 billion from N5.826 billion.
The market breadth was positive at 1.95X as 37 stocks advanced and 19 stocks declined, while 60 stocks remained unchanged. GTCO topped the gainers’ list with +10.00%, while SUNUASSUR declined by -10.00% to lead the losers’ chart.
UBA has the highest volume and value for the day.
Read: NGX Price List for Thursday, 29th February 2024
MARKET STATISTICS
| CAP | N54,707,454,622,452.01 | One Day (ASI CHG) | 0.72% |
| Index | 99,980.30 | One Week (ASI CHG) | -1.24% |
| Volume | 542,950,169 | One Month (ASI CHG) | -2.36% |
| Value | N8,696,779,829.46 | Six Months (ASI CHG) | 50.24% |
| Deals | 9,650 | 52 Weeks (ASI CHG) | 80.12% |
| Gainers | 37 | Losers | 19 |
| Unchanged | 60 | Total | 116 |
| YTD Returns | +33.71% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.72 |
| NGX30 | 0.67 |
| NGXBNK | 6.14 |
| NGXCNSMRGDS | -0.18 |
| NGXINDUSTR | 0.00 |
| NGXINS | 1.26 |
| NGXLOTUSISLM | 0.11 |
| NGXOILGAS | -0.33 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| GTCO | 36.00 | 39.60 | 3.60 | 10.00 |
| UBA | 20.50 | 22.55 | 2.05 | 10.00 |
| NEM | 6.00 | 6.60 | 0.60 | 10.00 |
| JULI | 3.10 | 3.41 | 0.31 | 10.00 |
| CHAMPION | 3.11 | 3.42 | 0.31 | 9.97 |
| CONHALLPLC | 1.21 | 1.33 | 0.12 | 9.92 |
| STERLINGNG | 4.14 | 4.55 | 0.41 | 9.90 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| SUNUASSUR | 1.90 | 1.71 | -0.19 | -10.00 |
| ETERNA | 15.80 | 14.25 | -1.55 | -9.81 |
| CWG | 6.15 | 5.55 | -0.60 | -9.76 |
| MORISON | 1.67 | 1.51 | -0.16 | -9.58 |
| CADBURY | 21.00 | 19.00 | -2.00 | -9.52 |
| NESTLE | 990.00 | 900.00 | -90.00 | -9.09 |
| MAYBAKER | 6.20 | 5.64 | -0.56 | -9.03 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Volume |
| UBA | 22.55 | 815 | 93,708,110 |
| TRANSCORP | 12.99 | 591 | 54,082,444 |
| JAPAULGOLD | 2.23 | 308 | 34,336,041 |
| STERLINGNG | 4.55 | 143 | 28,492,448 |
| FIDELITYBK | 10.40 | 257 | 27,089,388 |
| AIICO | 1.05 | 148 | 27,045,486 |
| ACCESSCORP | 19.15 | 492 | 26,867,138 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 22.55 | 815 | 2,067,315,116.05 |
| NESTLE | 900.00 | 189 | 1,065,703,574.30 |
| ZENITHBANK | 35.00 | 595 | 768,156,643.95 |
| TRANSCORP | 12.99 | 591 | 692,192,672.40 |
| ACCESSCORP | 19.15 | 492 | 489,367,420.30 |
| DANGSUGAR | 57.50 | 421 | 402,418,245.70 |
| GTCO | 39.60 | 244 | 332,491,890.45 |
OUTLOOK
The Equities market experienced an upturn today to annul the previous days profit-taking. We expect mixed sentiment in the remaining day of the week.
