Trading activities in the Nigerian Equities Market closed positive today, Wednesday (14/02/2024) by 1.76% as the NGX-ASI increased to 103,498.28 from 101,707.70 recorded at the close of the previous trading day; indicating a YTD return of +38.42%.
Similarly, the market capitalization increased today by N979.78 billion to N56.632 trillion from N55.652 trillion recorded at the close of the previous trading day, While, the market turnover increased to N12.106 billion from N4.300 billion.
The market breadth was positive at 1.13X as 27 stocks advanced and 24 stocks declined, while 71 stocks remained unchanged. AIRTELAFRI topped the gainers’ list with +10.00%, while NCR declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume while GEREGU recorded the highest value for the day.
Read: NGX Price List for Wednesday, 14th February 2024
MARKET STATISTICS
| CAP | N56,632,731,945,705.55 | One Day (ASI CHG) | 1.76% |
| Index | 103,498.28 | One Week (ASI CHG) | 1.36% |
| Volume | 426,861,373 | One Month (ASI CHG) | 24.63% |
| Value | N12,106,904,275.81 | Six Months (ASI CHG) | 60.15% |
| Deals | 8,654 | 52 Weeks (ASI CHG) | 89.92% |
| Gainers | 27 | Losers | 24 |
| Unchanged | 71 | Total | 122 |
| YTD Returns | +38.42% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.76 |
| NGX30 | 1.81 |
| NGXBNK | 2.01 |
| NGXCNSMRGDS | 3.99 |
| NGXINDUSTR | -3.54 |
| NGXINS | -0.25 |
| NGXLOTUSISLM | 1.17 |
| NGXOILGAS | 5.34 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| AIRTELAFRI | 2000.00 | 2200.00 | 200.00 | 10.00 |
| UNITYBNK | 2.20 | 2.42 | 0.22 | 10.00 |
| JULI | 1.11 | 1.22 | 0.11 | 9.91 |
| FBNH | 24.75 | 27.20 | 2.45 | 9.90 |
| MORISON | 2.75 | 3.02 | 0.27 | 9.82 |
| SEPLAT | 3074.60 | 3370.00 | 295.40 | 9.61 |
| PZ | 25.10 | 27.50 | 2.40 | 9.56 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| NCR | 4.80 | 4.32 | -0.48 | -10.00 |
| THOMASWY | 2.50 | 2.25 | -0.25 | -10.00 |
| MEYER | 6.91 | 6.22 | -0.69 | -9.99 |
| BUACEMENT | 166.50 | 150.00 | -16.50 | -9.91 |
| FIDELITYBK | 11.40 | 10.30 | -1.10 | -9.65 |
| GUINEAINS | 0.54 | 0.49 | -0.05 | -9.26 |
| VERITASKAP | 0.80 | 0.73 | -0.07 | -8.75 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FBNH | 27.2 | 580 | 54,611,266 |
| UBA | 25.1 | 544 | 47,658,105 |
| ACCESSCORP | 23.6 | 476 | 46,045,541 |
| TRANSCORP | 12.8 | 476 | 30,645,854 |
| NB | 38 | 77 | 25,487,851 |
| VERITASKAP | 0.73 | 181 | 24,403,626 |
| FIDELITYBK | 10.3 | 265 | 20,447,964 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GEREGU | 770 | 264 | 2,499,488,232.90 |
| FBNH | 27.2 | 580 | 1,478,840,248.65 |
| UBA | 25.1 | 544 | 1,172,676,191.20 |
| ACCESSCORP | 23.6 | 476 | 1,091,958,476.15 |
| NB | 38 | 77 | 968,657,143.10 |
| SEPLAT | 3370 | 76 | 881,271,271.50 |
| ZENITHBANK | 36.5 | 459 | 647,947,993.30 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed positive for the day reversing the previous days loss . We anticipate the local bourse will sustain mixed sentiment in the remaining trading day of the week.
