The NGX has set new records for the fifth day in a row.
The market broke beyond the 78,000 barrier today, as the All-Share Index (ASI) gained 0.62% to close at 78,020.54 points.
Stocks gained N263 billion at the end of trading on January 5, 2024, while the market capitalization increased by 0.62% to conclude at N42.694 trillion from N42.43 trillion the day before.
From yesterday’s 927.558 million units to today’s 984.193 million units, there was a minor rise in volume traded (0.06%). Additionally, the value of traded stocks increased to N11.16 billion, a 0.04% gain from N10.69 billion the previous day.
Market Indices
Here are the market Indices for today’s trading session
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NGX All-Share Index: 78,020.52 points
% Day Change: +0.62%
Day’s Lowest: 77,544.52 points
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Day’s Highest: 78,179.12 points
% YTD: +4.34%
Market Cap: N42.69 trillion
Volume Traded: 984.19 million units
Value Traded: N11.16 billion
Top Gainers
WEMABANK: +10.00% to close at N6.71
LEARNAFRCA: +10.00% to close at N3.19
TRANSCORP: +9.93% to close at N11.51
IKEJAHOTEL: +9.92% to close at N7.98
STERLINGNG: +9.83% to close at N5.25
Top Losers
MULTIVERSE: -9.97% to close at N20.22
MEYER: -9.75% to close at N3.24
TRIPPLEG: -9.30% to close at N1.95
JOHNHOLT: -8.62% to close at N2.12
ABCTRANS: -8.25% to close at N0.89
Top Traded Stocks
FCMB (+7.88%) led in terms of volume traded with 106.81 million units, followed by FIDELITYBANK (+6.80%) with 103.06 million units, UNITYBNK (+9.74%) with 75.79 million units, STERLINGNG (+9.83%) with 71.56 million units, and UNIVINSURE (+3.57%) with 43.70 million units.
In terms of value, FIDELITYBK (+6.80%) led with N1.31 billion, followed by ZENITHBANK (+0.86%) with N1.18 billion, FCMB (+7.88%) with N957.53 million, ACCESSCORP (-3.47%) with N877.98 million, and UBA (-2.10%) with N839.55 million.
SWOOT and FUGAZ Update
Trading sentiment was quite positive for stocks worth over N1 trillion, as GTCO (+1.20%), MTNN (+2.84%), and ZENITHBANK (+0.86%) recorded price gains. For members of the category (BUAFOODS, BUACEMENT, AIRTELAFRI, DANGCEM, and SEPLAT), there was no price change.
However, for tier-1 banks, the trading sentiment was negative, as UBA (-2.10%), ACCESSCORP (-3.74%), and FBNH (-2.34%) recorded price declines. While GTCO (+1.20%) and ZENITHBANK (+0.86%) recorded price gains
