Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (01/08/2024), as the NGX-ASI decreased to 97,359.76 from 97,774.22 recorded at the close of the previous trading day; indicating a YTD return of +30.21%.
Similarly, The market capitalization also decreased by N235 billion to N55.278 trillion from N55.513 trillion recorded at the close of the previous trading day. The market turnover also decreased to N8.531 billion from N23.113 billion.
The market breadth was positive at 1.16X as 22 stocks advanced and 19 stocks declined, while 78 stocks remained unchanged. UCAP topped the gainers’ list with 9.95%, while MECURE declined by 9.94% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and highest value for the day.
MARKET STATISTICS
| CAP | N55,278,226,872,830.18 | One Day (ASI CHG) | -0.42% |
| Index | 97,359.76 | One Week (ASI CHG) | -2.79% |
| Volume | 565,116,303 | One Month (ASI CHG) | -2.71% |
| Value | N8,530,916,819.09 | Six Months (ASI CHG) | -5.29% |
| Deals | 6,821 | 52 Weeks (ASI CHG) | 49.18% |
| Gainers | 22 | Losers | 19 |
| Unchanged | 78 | Total | 119 |
| YTD Returns | +30.21% | ||
Read: NGX Price List for Thursday, 1st August 2024
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| UCAP | 10.05 | 11.05 | 1.00 | 9.95 |
| AFRIPRUD | 8.55 | 9.40 | 0.85 | 9.94 |
| CUTIX | 5.13 | 5.64 | 0.51 | 9.94 |
| TANTALIZER | 0.42 | 0.46 | 0.04 | 9.52 |
| UPDCREIT | 4.45 | 4.85 | 0.40 | 8.99 |
| CADBURY | 18.50 | 20.10 | 1.60 | 8.65 |
| MAYBAKER | 5.91 | 6.40 | 0.49 | 8.29 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| MECURE | 9.05 | 8.15 | -0.90 | -9.94 |
| THOMASWY | 1.95 | 1.76 | -0.19 | -9.74 |
| WAPIC | 0.85 | 0.78 | -0.07 | -8.24 |
| OANDO | 25.00 | 23.00 | -2.00 | -8.00 |
| DANGSUGAR | 37.15 | 34.30 | -2.85 | -7.67 |
| LINKASSURE | 0.88 | 0.82 | -0.06 | -6.82 |
| MTNN | 200.00 | 190.00 | -10.00 | -5.00 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| FIDELITYBK | 10.70 | 269 | 373,914,410 |
| UBA | 19.80 | 504 | 23,029,528 |
| ZENITHBANK | 35.00 | 470 | 19,242,126 |
| OANDO | 23.00 | 697 | 19,035,527 |
| ACCESSCORP | 18.35 | 554 | 15,757,586 |
| GTCO | 44.00 | 388 | 14,873,032 |
| GUINNESS | 61.00 | 33 | 9,457,704 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value |
| FIDELITYBK | 10.70 | 269 | 3,944,859,535.75 |
| GTCO | 44.00 | 388 | 654,674,701.80 |
| ZENITHBANK | 35.00 | 470 | 651,439,898.35 |
| GUINNESS | 61.00 | 33 | 576,777,916.35 |
| UBA | 19.80 | 504 | 458,087,365.10 |
| OANDO | 23.00 | 697 | 445,427,300.50 |
| PRESCO | 413.00 | 88 | 316,693,658.40 |
OUTLOOK
The Nigerian equity market sustains dip run at the end of today’s trading as the the nationwide protest begins. Investors’ sell off sentiment continues to be the major headliner for the current run of negative results. Market is expected to rebound on renewed bargain hunting sentiment from investors’.
