Trading activities in the Nigerian Equities market closed negative at the end of today, Monday (05/08/2024), as the NGX-ASI decreased to 97,582.41 from 97,745.73 recorded at the close of the previous trading day; indicating a YTD return of +30.50%.
Similarly, The market capitalization also decreased by N92.73 billion to N55.405 trillion from N55.497 trillion recorded at the close of the previous trading day. The market turnover also increased to N6.218 billion from N3.951 billion.
The market breadth was negative at 0.96X as 23 stocks advanced and 24 stocks declined, while 70 stocks remained unchanged. PRESCO topped the gainers’ list with 10.00%, while CHAMS declined by 10.00% to lead the losers’ chart.
ZENITHBANK recorded the highest volume and highest value for the day.
Read: NGX Price List for Monday, 5th August 2024
MARKET STATISTICS
| CAP | N55,404,642,616,186.50 | One Day (ASI CHG) | -0.17% |
| Index | 97,582.41 | One Week (ASI CHG) | -0.56% |
| Volume | 324,019,567 | One Month (ASI CHG) | -2.44% |
| Value | N6,217,761,055.01 | Six Months (ASI CHG) | -5.86% |
| Deals | 9,738 | 52 Weeks (ASI CHG) | 49.35% |
| Gainers | 23 | Losers | 24 |
| Unchanged | 70 | Total | 117 |
| YTD Returns | +30.50% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.17 |
| NGX30 | -0.22 |
| NGXBNK | 0.19 |
| NGXCNSMRGDS | 0.89 |
| NGXINDUSTR | 0.03 |
| NGXINS | -0.03 |
| NGXLOTUSISLM | 0.38 |
| NGXOILGAS | -0.01 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| PRESCO | 441.00 | 485.10 | 44.10 | 10.00 |
| INTBREW | 4.20 | 4.62 | 0.42 | 10.00 |
| SOVRENINS | 0.50 | 0.55 | 0.05 | 10.00 |
| OANDO | 25.30 | 27.80 | 2.50 | 9.88 |
| UCAP | 12.15 | 13.35 | 1.20 | 9.88 |
| HONYFLOUR | 3.49 | 3.83 | 0.34 | 9.74 |
| RTBRISCOE | 0.84 | 0.92 | 0.08 | 9.52 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CHAMS | 2.20 | 1.98 | -0.22 | -10.00 |
| UPL | 2.42 | 2.18 | -0.24 | -9.92 |
| OMATEK | 0.61 | 0.56 | -0.05 | -8.20 |
| MAYBAKER | 7.04 | 6.50 | -0.54 | -7.67 |
| CHAMPION | 3.26 | 3.01 | -0.25 | -7.67 |
| DAARCOMM | 0.45 | 0.42 | -0.03 | -6.67 |
| SUNUASSUR | 1.35 | 1.26 | -0.09 | -6.67 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ZENITHBANK | 36.00 | 602 | 36,992,856 |
| UBA | 20.30 | 584 | 34,973,929 |
| VERITASKAP | 0.89 | 185 | 25,506,168 |
| OANDO | 27.80 | 740 | 20,282,425 |
| ACCESSCORP | 18.60 | 657 | 18,834,786 |
| AIICO | 1.10 | 141 | 14,917,280 |
| JAIZBANK | 2.30 | 164 | 11,846,845 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ZENITHBANK | 36.00 | 602 | 1,331,487,255.50 |
| MTNN | 178.70 | 728 | 1,136,049,391.60 |
| UBA | 20.30 | 584 | 708,479,618.35 |
| OANDO | 27.80 | 740 | 552,492,834.90 |
| ACCESSCORP | 18.60 | 657 | 350,503,014.90 |
| PRESCO | 485.10 | 221 | 317,648,622.50 |
| GTCO | 45.00 | 475 | 219,044,202.00 |
OUTLOOK
The Nigerian equity market closed negative at the end of today’s trading. As investors’ appetite continues to wane, we foresee alternating sentiments marked by increased volatility and profit-taking.
