Trading activities in the Nigerian Equities Market closed negative today, Monday (15/04/2024) by 0.52% as the NGX-ASI decreased to 101,778.47 from 102,314.56 recorded at the close of the previous trading day; indicating a YTD return of +36.12%
Similarly, the market capitalization decreased today by N303.19 billion to N57,561.44 trillion from N57,864.64 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N6.781 billion from N21.585 billion.
The market breadth was negative at 0.31X as 10 stocks advanced and 32 stocks declined, while 78 stocks remained unchanged. UPDC topped the gainers’ list with +10.00%, while FIDELITYBK declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume while MTNN recorded the highest value for the day.
Read: NGX Price List for Monday, 15th April 2024
MARKET STATISTICS
| CAP | N57,561,447,334,500.78 | One Day (ASI CHG) | -0.52% |
| Index | 101,778.47 | One Week (ASI CHG) | -1.23% |
| Volume | 305,187,164 | One Month (ASI CHG) | -3.15% |
| Value | N6,781,716,114.94 | Six Months (ASI CHG) | 51.82% |
| Deals | 10,601 | 52 Weeks (ASI CHG) | 99.07% |
| Gainers | 10 | Losers | 32 |
| Unchanged | 78 | Total | 120 |
| YTD Returns | +36.12% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.52 |
| NGX30 | -0.65 |
| NGXBNK | -3.83 |
| NGXCNSMRGDS | 0.00 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.51 |
| NGXLOTUSISLM | -0.29 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Price Change(N) | %Change |
| UPDC | 1.30 | 1.43 | 0.13 | 10.00 |
| MORISON | 2.56 | 2.81 | 0.25 | 9.77 |
| NEM | 9.55 | 10.40 | 0.85 | 8.90 |
| DAARCOMM | 0.65 | 0.70 | 0.05 | 7.69 |
| OANDO | 12.55 | 13.40 | 0.85 | 6.77 |
| MBENEFIT | 0.57 | 0.60 | 0.03 | 5.26 |
| REGALINS | 0.38 | 0.40 | 0.02 | 5.26 |
Top 7 Losers
| Security | Previous Close | Close Price | Price Change(N) | %Change |
| FIDELITYBK | 10.00 | 9.00 | -1.00 | -10.00 |
| JAIZBANK | 2.27 | 2.05 | -0.22 | -9.69 |
| RTBRISCOE | 0.59 | 0.54 | -0.05 | -8.47 |
| GTCO | 41.40 | 38.20 | -3.20 | -7.73 |
| UNIVINSURE | 0.39 | 0.36 | -0.03 | -7.69 |
| MAYBAKER | 6.64 | 6.15 | -0.49 | -7.38 |
| OMATEK | 0.85 | 0.79 | -0.06 | -7.06 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| UBA | 25.00 | 708 | 42,253,586 |
| TRANSCORP | 14.00 | 621 | 27,562,324 |
| ACCESSCORP | 18.55 | 873 | 24,619,733 |
| OANDO | 13.40 | 587 | 22,661,876 |
| FIDELITYBK | 9.00 | 404 | 17,533,945 |
| ZENITHBANK | 38.65 | 737 | 14,309,762 |
| GTCO | 38.20 | 528 | 14,292,844 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value (N) |
| MTNN | 227.00 | 452 | 1,170,844,209 |
| UBA | 25.00 | 708 | 1,108,876,365 |
| DANGCEM | 686.70 | 106 | 572,122,632 |
| ZENITHBANK | 38.65 | 737 | 559,712,633 |
| GTCO | 38.20 | 528 | 555,378,886 |
| ACCESSCORP | 18.55 | 873 | 465,806,381 |
| TRANSCORP | 14.00 | 621 | 396,167,774 |
OUTLOOK
The Nigerian Exchange (NGX) closed in red at the close of today’s trading. Equities market continues on the downward trend as increased profit-taking transactions overwhelmed the market. We foresee this trend to continue for a while.
