Trading activities in the Nigerian Equities Market closed positive today, Thursday (14/03/2024) by 0.05% as the NGX-ASI increased to 104,056.21 from 104,007.31 recorded at the close of the previous trading day; indicating a YTD return of +39.16%.
Similarly, the market capitalization increased today by N27.49 billion to N58.835 billion from N58.807 trillion recorded at the close of the previous trading day, while, the market turnover decreased to N7.408 billion from N9.120 billion.
The market breadth was negative at 0.82X as 18 stocks advanced and 22 stocks declined, while 77 stocks remained unchanged. ROYALEX topped the gainers’ list with +9.72%, while INTENEGINS declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume while NESTLE recorded the highest value for the day.
Read: NGX Price List for Thursday, 14th March 2024
MARKET STATISTICS
| CAP | N58,834,499,058,701.42 | One Day (ASI CHG) | 0.05% |
| Index | 104,056.21 | One Week (ASI CHG) | 3.71% |
| Volume | 226,312,058 | One Month (ASI CHG) | 0.54% |
| Value | N7,408,733,237.67 | Six Months (ASI CHG) | 54.53% |
| Deals | 5,727.00 | 52 Weeks (ASI CHG) | 87.52% |
| Gainers | 18 | Losers | 22 |
| Unchanged | 77 | Total | 117 |
| YTD Returns | +39.16% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.05 |
| NGX30 | 0.03 |
| NGXBNK | 0.25 |
| NGXCNSMRGDS | 0.38 |
| NGXINDUSTR | 0.03 |
| NGXINS | -1.16 |
| NGXLOTUSISLM | 0.22 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | previous close(N) | Close Price(N) | Price change | % Change |
| ROYALEX | 0.72 | 0.79 | 0.07 | 9.72 |
| UNILEVER | 14.60 | 16.00 | 1.40 | 9.59 |
| TANTALIZER | 0.35 | 0.38 | 0.03 | 8.57 |
| UPDC | 1.40 | 1.50 | 0.10 | 7.14 |
| REGALINS | 0.37 | 0.39 | 0.02 | 5.41 |
| FBNH | 33.55 | 35.00 | 1.45 | 4.32 |
| DANGSUGAR | 59.00 | 61.25 | 2.25 | 3.81 |
Top 7 Losers
| Security | previous close(N) | Close Price(N) | Price change | % Change |
| INTENEGINS | 1.50 | 1.35 | -0.15 | -10.00 |
| SUNUASSUR | 1.41 | 1.27 | -0.14 | -9.93 |
| INTBREW | 4.44 | 4.00 | -0.44 | -9.91 |
| CONHALLPLC | 1.49 | 1.35 | -0.14 | -9.40 |
| UNITYBNK | 1.93 | 1.83 | -0.10 | -5.18 |
| FIDELITYBK | 10.90 | 10.40 | -0.50 | -4.59 |
| UBA | 25.90 | 24.90 | -1.00 | -3.86 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| FBNH | 35.00 | 259 | 28,561,159 |
| TRANSCORP | 16.40 | 442 | 27,066,592 |
| ACCESSCORP | 23.35 | 422 | 25,273,345 |
| GTCO | 44.05 | 246 | 13,856,380 |
| ZENITHBANK | 38.50 | 361 | 13,290,006 |
| UBA | 24.90 | 312 | 11,439,982 |
| AIICO | 1.00 | 102 | 10,998,781 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value (N) |
| NESTLE | 901 | 73 | 1,002,846,692.70 |
| FBNH | 35 | 259 | 993,167,776.05 |
| TRANSPOWER | 380 | 388 | 978,171,883.60 |
| MTNN | 248 | 279 | 796,673,861.50 |
| GTCO | 44 | 246 | 609,879,796.65 |
| ACCESSCORP | 23 | 422 | 602,124,230.40 |
| ZENITHBANK | 39 | 361 | 511,495,190.40 |
OUTLOOK
Trading session on the Nigerian Exchange closed positive for the day as profit-taking season continues. We anticipate that the market performance will close in a positive direction at the end of the week.
