Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (08/08/2024), as the NGX-ASI increased to 98,116.27 from 97,098.98 recorded at the close of the previous trading day; indicating a YTD return of +31.22%.
Similarly, The market capitalization also increased by N577.73 billion to N55.707 trillion from N55.130 trillion recorded at the close of the previous trading day. The market turnover also increased to N15.126 billion from N12.769 billion.
The market breadth was positive at 1.68X as 32 stocks advanced and 19 stocks declined, while 63 stocks remained unchanged. MTNN topped the gainers’ list with 10.00%, while UCAP declined by 9.94% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Thursday, 8th August 2024
MARKET STATISTICS
| CAP | N55,707,886,405,078.41 | One Day (ASI CHG) | 1.05% |
| Index | 98,116.27 | One Week (ASI CHG) | 0.78% |
| Volume | 791,781,659 | One Month (ASI CHG) | -1.69% |
| Value | N15,126,201,192.27 | Six Months (ASI CHG) | -3.07% |
| Deals | 9,059 | 52 Weeks (ASI CHG) | +50.47% |
| Gainers | 32 | Losers | 19 |
| Unchanged | 63 | Total | 114 |
| YTD Returns | +31.22% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 1.05 |
| NGX30 | 1.17 |
| NGXBNK | 1.72 |
| NGXCNSMRGDS | 0.54 |
| NGXINDUSTR | -0.03 |
| NGXINS | 1.38 |
| NGXLOTUSISLM | 2.73 |
| NGXOILGAS | 0.33 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| MTNN | 180.00 | 198.00 | 18.00 | 10.00 |
| VITAFOAM | 17.50 | 19.25 | 1.75 | 10.00 |
| UNILEVER | 17.00 | 18.70 | 1.70 | 10.00 |
| OKOMUOIL | 321.20 | 353.30 | 32.10 | 9.99 |
| OANDO | 33.60 | 36.95 | 3.35 | 9.97 |
| RTBRISCOE | 1.11 | 1.22 | 0.11 | 9.91 |
| IMG | 17.25 | 18.95 | 1.70 | 9.86 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| UCAP | 16.10 | 14.50 | -1.60 | -9.94 |
| ABBEYBDS | 2.61 | 2.40 | -0.21 | -8.05 |
| STERLINGNG | 4.24 | 4.00 | -0.24 | -5.66 |
| IKEJAHOTEL | 7.20 | 6.80 | -0.40 | -5.56 |
| CHAMS | 2.23 | 2.11 | -0.12 | -5.38 |
| INTBREW | 4.63 | 4.40 | -0.23 | -4.97 |
| TANTALIZER | 0.45 | 0.43 | -0.02 | -4.44 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| ACCESSCORP | 19.00 | 662 | 115,982,846 |
| GTCO | 46.00 | 409 | 109,920,794 |
| ABBEYBDS | 2.40 | 17 | 50,723,971 |
| UBA | 21.30 | 398 | 44,628,602 |
| JAPAULGOLD | 2.18 | 314 | 37,241,597 |
| UCAP | 14.50 | 1,208 | 33,835,818 |
| TRANSCORP | 10.85 | 393 | 29,251,985 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| GTCO | 46.00 | 409 | 5,055,722,839.55 |
| ACCESSCORP | 19.00 | 662 | 2,203,153,747.10 |
| SEPLAT | 3,730.00 | 50 | 1,590,228,834.40 |
| ZENITHBANK | 38.00 | 543 | 1,048,132,871.85 |
| UBA | 21.30 | 39 | 934,388,506.65 |
| UCAP | 14.50 | 1208 | 510,379,011.35 |
| MTNN | 198.00 | 467 | 367,121,393.00 |
OUTLOOK
Nigerian Equities Market Experienced a significant upswing, with a notable gain at the end of today’s trading. The market’s resilience is evident, with a steady stream of buying activity driving prices higher. We expect market to remain positive by the end of the week.
