Trading activities in the Nigerian Equities Market closed negative today, Tuesday (30/01/2024) by 1.49% as the NGX-ASI decreased to 103,110.15 from 104,674.67 recorded at the close of the previous trading day; indicating a YTD return of +37.89%.
Similarly, the market capitalization decreased today by N856.02 Billion to N56.425 trillion from N57.282 trillion recorded at the close of the previous trading day, Also, the market turnover decreased to N11.086 billion from N25,938 billion.
The market breadth was negative at 0.12X as 7 stocks advanced and 59 stocks declined, while 50 stocks remained unchanged. UPDC topped the gainers’ list with +8.11%, while GUINEAINS declined by -10.00% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Tuesday, 30th January 2024
MARKET STATISTICS
| CAP | N56,425,964,878,572.60 | One Day (ASI CHG) | -1.49% |
| Index | 103,110.15 | One Week (ASI CHG) | 4.55% |
| Volume | 648,953,318.00 | One Month (ASI CHG) | +37.89% |
| Value | N11,086,526,752.78 | Six Months (ASI CHG) | +60.62% |
| Deals | 14,579 | 52 Weeks (ASI CHG) | +93.96% |
| Gainers | 7 | Losers | 59 |
| Unchanged | 50 | Total | 116 |
| YTD Returns | +37.89% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.49 |
| NGX30 | -1.48 |
| NGXBNK | -6.73 |
| NGXCNSMRGDS | -2.59 |
| NGXINDUSTR | -0.39 |
| NGXINS | -6.44 |
| NGXLOTUSISLM | -0.91 |
| NGXOILGAS | -0.58 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| UPDC | 1.85 | 2.00 | 0.15 | 8.11 |
| GEREGU | 495.00 | 517.80 | 22.80 | 4.61 |
| WEMABANK | 10.77 | 10.90 | 0.13 | 1.21 |
| ELLAHLAKES | 3.02 | 3.05 | 0.03 | 0.99 |
| UPDCREIT | 6.20 | 6.25 | 0.05 | 0.81 |
| ETI | 26.50 | 26.60 | 0.10 | 0.38 |
| REDSTAREX | 3.83 | 3.84 | 0.01 | 0.26 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | %Change |
| GUINEAINS | 0.60 | 0.54 | -0.06 | -10.00 |
| LINKASSURE | 1.30 | 1.17 | -0.13 | -10.00 |
| CAVERTON | 2.00 | 1.80 | -0.20 | -10.00 |
| MANSARD | 6.50 | 5.85 | -0.65 | -10.00 |
| STERLINGNG | 7.00 | 6.30 | -0.70 | -10.00 |
| ACCESSCORP | 28.00 | 25.20 | -2.80 | -10.00 |
| NASCON | 76.00 | 68.40 | -7.60 | -10.00 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| JAPAULGOLD | 2.91 | 498 | 59,797,178 |
| TRANSCORP | 14.40 | 799 | 52,056,228 |
| ACCESSCORP | 25.20 | 839 | 46,811,426 |
| UBA | 27.10 | 941 | 44,552,009 |
| OANDO | 12.45 | 677 | 34,952,143 |
| JAIZBANK | 2.87 | 381 | 27,927,895 |
| ZENITHBANK | 39.00 | 738 | 27,660,203 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| UBA | 27.10 | 941 | 1,233,167,078.40 |
| ACCESSCORP | 25.20 | 839 | 1,209,366,616.40 |
| ZENITHBANK | 39.00 | 738 | 1,090,232,016.50 |
| GTCO | 41.00 | 510 | 779,613,500.20 |
| TRANSCORP | 14.40 | 799 | 763,197,147.51 |
| WAPCO | 40.00 | 317 | 518,824,737.50 |
| MTNN | 293.90 | 416 | 504,102,962.30 |
OUTLOOK
Activities on the Nigerian Exchange (NGX) closed negative for the day to signify it’s second loss in the new year as all the sectors recorded loss at the close of today’s trading. We expect mixed sentiment in the remaining days of the week.
