Wema Bank, Transcorp Top Gainers Chart as NGX ASI Closes at 78,020.54 Points

…For the fifth consecutive day, the NGX has achieved new milestones.

Today, the market surpassed the 78,000 mark, with the All-Share Index (ASI) appreciating by 0.62% and reaching 78,020.54 points.

At the close of trading for January 5, 2024, equities gained N263 billion, as the market capitalization appreciated by 0.62% to close at N42.694 trillion from yesterday’s N42.43 trillion

Volumes traded experienced a slight increase to 984.193 million units, up 0.06% from yesterday’s 927.558 million units. There was also an uptick to N11.16 billion representing a 0.04% increase from yesterday’s N10.69 billion in the value of stocks traded.

Market Indices

Here are the market Indices for today’s trading session

NGX All-Share Index: 78,020.52 points

% Day Change: +0.62%

Day’s Lowest: 77,544.52 points

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.