Trading activities in the Nigerian Equities Market closed positive today, Wednesday (24/01/2024) by 3.00% as the NGX-ASI increased to 101,571.11 from 98,616.97 recorded at the close of the previous trading day; indicating a YTD return of +35.84%.
Similarly, the market capitalization increased today by N1.616 trillion to N55.583 trillion from N53.967 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N8.036 billion from N16.076 billion.
The market breadth was negative at 1.09X as 35 stocks advanced and 30 stocks declined, while 52 stocks remained unchanged. WAPIC topped the gainers’ list with +10.00%, while NEM declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 24th January 2024
MARKET STATISTICS
| CAP | N55,583,742,323,424.03 | One Day (ASI CHG) | +3.00% |
| Index | 101,571.11 | One Week (ASI CHG) | +12.78% |
| Volume | 488,490,901 | One Month (ASI CHG) | +37.22% |
| Value | N8,036,740,338.04 | Six Months (ASI CHG) | +54.63% |
| Deals | 12,080 | 52 Weeks (ASI CHG) | +93.05% |
| Gainers | 35 | Losers | 30 |
| Unchanged | 52 | Total | 117 |
| YTD Returns | +35.84% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 3.00 |
| NGX30 | 3.11 |
| NGXBNK | -0.61 |
| NGXCNSMRGDS | 4.07 |
| NGXINDUSTR | 7.64 |
| NGXINS | -1.52 |
| NGXLOTUSISLM | 3.21 |
| NGXOILGAS | 0.09 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| WAPIC | 0.80 | 0.88 | 0.08 | 10.00 |
| BUACEMENT | 163.35 | 179.65 | 16.30 | 9.98 |
| JAPAULGOLD | 2.32 | 2.55 | 0.23 | 9.91 |
| UPL | 3.36 | 3.69 | 0.33 | 9.82 |
| TRIPPLEG | 2.58 | 2.83 | 0.25 | 9.69 |
| CUTIX | 2.70 | 2.96 | 0.26 | 9.63 |
| PZ | 31.50 | 34.50 | 3.00 | 9.52 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price | %Change |
| NEM | 8.00 | 7.20 | -0.80 | -10.00 |
| CADBURY | 26.10 | 23.50 | -2.60 | -9.96 |
| MAYBAKER | 7.38 | 6.65 | -0.73 | -9.89 |
| ACADEMY | 2.37 | 2.14 | -0.23 | -9.70 |
| HONYFLOUR | 5.48 | 4.95 | -0.53 | -9.67 |
| VERITASKAP | 0.63 | 0.57 | -0.06 | -9.52 |
| UNIVINSURE | 0.44 | 0.40 | -0.04 | -9.09 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 17.13 | 1207 | 95,108,633 |
| UNIVINSURE | 0.40 | 168 | 45,629,073 |
| UNITYBNK | 2.82 | 223 | 27,343,362 |
| JAIZBANK | 3.04 | 432 | 26,961,563 |
| JAPAULGOLD | 2.55 | 239 | 25,324,421 |
| UBA | 29.90 | 489 | 23,471,435 |
| CHAMS | 2.48 | 240 | 20,316,406 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| TRANSCORP | 17.13 | 1207 | 1,588,155,014.67 |
| BUACEMENT | 179.65 | 679 | 703,798,913.80 |
| UBA | 29.90 | 489 | 703,546,051.10 |
| DANGCEM | 694.10 | 522 | 673,695,138.50 |
| ZENITHBANK | 42.25 | 406 | 609,618,902.85 |
| ACCESSCORP | 28.40 | 402 | 404,623,483.15 |
| GTCO | 42.75 | 349 | 372,260,474.65 |
OUTLOOK
The Equities market closed today’s trading with positive sentiment, as investors continue to focus on maximizing returns, we expect this trend to continue throughout the remaining days of the week.
