Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (13/08/2024), as the NGX-ASI decreased to 97,390.01 from 97,881.75 recorded at the close of the previous trading day; indicating a YTD return of +30.25%.
Similarly, The market capitalization also decreased by N278 billion to N55.296 trillion from N55.574 trillion recorded at the close of the previous trading day. The market turnover increased to N13.916 billion from N11.771 billion.
The market breadth was negative at 0.83X as 24 stocks advanced and 29 stocks declined, while 64 stocks remained unchanged. NEIMETH topped the gainers’ list with 9.90%, while OANDO declined by 9.97% to lead the losers’ chart.
GTCO recorded the highest volume and the highest value for the day.
Read: NGX Price List for Tuesday, 13th August 2024
MARKET STATISTICS
| CAP | N55,295,924,510,257.07 | One Day (ASI CHG) | -0.50% |
| Index | 97,390.01 | One Week (ASI CHG) | +0.48% |
| Volume | 599,246,035 | One Month (ASI CHG) | -2.29% |
| Value | N13,916,167,908.23 | Six Months (ASI CHG) | -4.25% |
| Deals | 11,237 | 52 Weeks (ASI CHG) | +49.99% |
| Gainers | 24 | Losers | 29 |
| Unchanged | 64 | Total | 117 |
| YTD Returns | +30.25% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.50 |
| NGX30 | -0.28 |
| NGXBNK | -1.92 |
| NGXCNSMRGDS | +0.82 |
| NGXINDUSTR | -1.22 |
| NGXINS | -1.47 |
| NGXLOTUSISLM | +1.08 |
| NGXOILGAS | -0.13 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | %Change |
| NEIMETH | 1.92 | 2.11 | 0.19 | 9.90 |
| CHAMPION | 2.77 | 3.04 | 0.27 | 9.75 |
| UPL | 2.18 | 2.39 | 0.21 | 9.63 |
| RTBRISCOE | 1.39 | 1.52 | 0.13 | 9.35 |
| TANTALIZER | 0.44 | 0.48 | 0.04 | 9.09 |
| ABCTRANS | 0.77 | 0.84 | 0.07 | 9.09 |
| DANGSUGAR | 40.35 | 44.00 | 3.65 | 9.05 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | %Change |
| OANDO | 44.65 | 40.20 | -4.45 | -9.97 |
| LIVESTOCK | 2.47 | 2.27 | -0.20 | -8.10 |
| CORNERST | 2.35 | 2.17 | -0.18 | -7.66 |
| LINKASSURE | 0.92 | 0.85 | -0.07 | -7.61 |
| SOVRENINS | 0.54 | 0.50 | -0.04 | -7.41 |
| CONHALLPLC | 1.40 | 1.30 | -0.10 | -7.14 |
| HONYFLOUR | 4.02 | 3.75 | -0.27 | -6.72 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| GTCO | 45.60 | 445 | 71,997,630 |
| JAPAULGOLD | 2.28 | 189 | 69,620,511 |
| ACCESSCORP | 19.30 | 651 | 66,302,229 |
| VERITASKAP | 1.24 | 294 | 60,848,122 |
| OANDO | 40.20 | 1,640 | 41,082,720 |
| UBA | 21.90 | 520 | 37,034,236 |
| UNIVINSURE | 0.30 | 86 | 31,768,386 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value |
| GTCO | 45.60 | 445 | 3,278,840,561.60 |
| NESTLE | 805.00 | 73 | 2,449,962,197.50 |
| OANDO | 40.20 | 1,640 | 1,808,718,629.65 |
| JBERGER | 130.00 | 290 | 1,660,770,455.45 |
| ACCESSCORP | 19.30 | 651 | 1,286,339,276.15 |
| UBA | 21.90 | 520 | 819,129,853.60 |
| DANGSUGAR | 44.00 | 287 | 222,540,963.25 |
OUTLOOK
The Nigerian Equities Market experienced loss at the end of today’s trading on investors’ sell off sentiments of stocks that have significantly appreciated in share price over the last couple of days. The future of the market however looks bright with companies financial release and attractive dividend payments.
