NGX All-Share Index 31 January 2024

NGX All-Share Index sustains the bear run, down 1.89%

The domestic stock exchange sustained the bear run as the NGX All-Share Index fell by 1.89% to settle at 101,158.46 points. Losses in MTNN (-4.39%), ZENITHBANK (-10.00%) and GTCO (-9.76%) offset the gains in GEREGU (+9.69%), PZ (+9.97%) and MANSARD (+0.17%) putting the market on the red.

 

As a result, the year-to-date (YTD) return decreased to +35.28%, while the market capitalization slipped by ₦1.07trn to close at ₦55.36trn.

 

Analysis of today's market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 102.88%.

 

A total of 749.13m shares valued at ₦22.49bn were exchanged in 14,092 deals. TRANSCORP (-10.00%) led the volume chart with 79.68m units traded while  GEREGU (+9.69%)  led the value chart with deals worth ₦6.96bn.

 

Market breadth closed negative at a 5.56-to-1 ratio with declining issues outnumbering the advancing ones. ZENITHBANK (-10.00%) topped forty-nine (49) others on the laggard’s table while TRIPPLEG (+9.97%) led eight (8) others on the leader's log.

Find below key highlights of market activities.

Indicators

Current     

Change (%)

YTD

All-Share Index

101,154.46

-1.89

+35.28

Market Cap. (₦ 'trillion)

55.36

-1.89

+35.29

Volume (millions)

749.13

+15.44

 

Value (₦ 'billion)

22.49

+102.88

 

Source: Coronation Registrars

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