Trading activities in the Nigerian Equities Market closed negative today, Tuesday (06/02/2024) by 1.50% as the NGX-ASI decreased to 102,108.05 from 103,659.81 recorded at the close of the previous trading day; indicating a YTD return of +34.37%.
Similarly, the market capitalization decreased today by N849.10 Billion to N55.872 trillion from N56.721 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N7.596 billion from N19.328 billion.
The market breadth was negative at 0.31X as 14 stocks advanced and 45 stocks declined, while 61 stocks remained unchanged. CADBURY topped the gainers’ list with +10.00%, while CONHALLPLC declined by -10.00% to lead the losers’ chart.
JAIZBANK recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Tuesday, 6th February 2024
MARKET STATISTICS
| CAP | N55,872,018,411,626.44 | One Day (ASI CHG) | -1.50% |
| Index | 102,108.05 | One Week (ASI CHG) | -0.97% |
| Volume | 494,194,208 | One Month (ASI CHG) | 37.41% |
| Value | N7,596,338,245.48 | Six Months (ASI CHG) | 28.17% |
| Deals | 11,761 | 52 Weeks (ASI CHG) | 87.81% |
| Gainers | 14 | Losers | 45 |
| Unchanged | 61 | Total | 120 |
| YTD Returns | +34.37% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.50 |
| NGX30 | -1.50 |
| NGXBNK | -2.27 |
| NGXCNSMRGDS | -0.22 |
| NGXINDUSTR | -3.79 |
| NGXINS | -1.00 |
| NGXLOTUSISLM | -1.02 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| CADBURY | 22.00 | 24.20 | 2.20 | 10.00 |
| JULI | 0.70 | 0.77 | 0.07 | 10.00 |
| MEYER | 4.73 | 5.20 | 0.47 | 9.94 |
| DAARCOMM | 0.77 | 0.84 | 0.07 | 9.09 |
| CAP | 24.00 | 25.10 | 1.10 | 4.58 |
| FIDELITYBK | 11.60 | 12.00 | 0.40 | 3.45 |
| PRESTIGE | 0.60 | 0.62 | 0.02 | 3.33 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change | % Change |
| CONHALLPLC | 1.70 | 1.53 | -0.17 | -10.00 |
| BUACEMENT | 185.00 | 166.50 | -18.50 | -10.00 |
| STERLINGNG | 6.50 | 5.86 | -0.64 | -9.85 |
| UPDC | 1.94 | 1.75 | -0.19 | -9.79 |
| JAPAULGOLD | 3.07 | 2.77 | -0.30 | -9.77 |
| GUINNESS | 63.70 | 57.50 | -6.20 | -9.73 |
| RTBRISCOE | 0.72 | 0.65 | -0.07 | -9.72 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAIZBANK | 2.60 | 433 | 90,784,820 |
| UNIVINSURE | 0.39 | 186 | 40,397,791 |
| JAPAULGOLD | 2.77 | 298 | 33,614,478 |
| GTCO | 39.90 | 418 | 32,949,553 |
| FBNH | 25.40 | 385 | 27,536,661 |
| UBA | 25.65 | 762 | 21,521,756 |
| TRANSCORP | 14.20 | 645 | 18,705,153 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| GTCO | 39.90 | 418 | 1,316,429,066.05 |
| FBNH | 25.40 | 385 | 702,463,800.35 |
| MTNN | 275.00 | 414 | 665,295,262.80 |
| UBA | 25.65 | 762 | 552,550,796.40 |
| ZENITHBANK | 37.50 | 577 | 540,743,043.75 |
| ACCESSCORP | 25.50 | 424 | 389,478,176.90 |
| TRANSCORP | 14.20 | 645 | 273,917,747.11 |
OUTLOOK
The Equities market recorded loss at the end of today’s trading. We expect market sentiment to sway to positive sentiment in the remaining days of the week .
