Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (15/08/2024), as the NGX-ASI decreased to 97,100.36 from 97,248.82 recorded at the close of the previous trading day; indicating a YTD return of +29.86%.
Similarly, The market capitalization also decreased by N84 billion to N55,131 trillion from N55.215 trillion recorded at the close of the previous trading day. The market turnover decreased to N3.522 billion from N5.480 billion.
The market breadth was negative at 0.45X as 14 stocks advanced and 31 stocks declined, while 67 stocks remained unchanged. NEIMETH topped the gainers’ list with 9.55%, while OANDO declined by 9.94% to lead the losers’ chart.
VERITASKAP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Thursday, 15th August 2024
MARKET STATISTICS
| CAP | N55,131,695,886,878.71 | One Day (ASI CHG) | -0.15% |
| Index | 97,100.36 | One Week (ASI CHG) | -1.04% |
| Volume | 271,259,970 | One Month (ASI CHG) | -2.97% |
| Value | N3,522,892,918.09 | Six Months (ASI CHG) | -6.72% |
| Deals | 7,233 | 52 Weeks (ASI CHG) | +50.66% |
| Gainers | 14 | Losers | 31 |
| Unchanged | 67 | Total | 112 |
| YTD Returns | +29.86% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.15 |
| NGX30 | -0.01 |
| NGXBNK | 0.03 |
| NGXCNSMRGDS | -0.6 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.41 |
| NGXLOTUSISLM | -0.53 |
| NGXOILGAS | 2.63 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| NEIMETH | 1.99 | 2.18 | 0.19 | 9.55 |
| TOTAL | 470.40 | 511.90 | 41.50 | 8.82 |
| AIICO | 1.07 | 1.14 | 0.07 | 6.54 |
| CILEASING | 2.80 | 2.97 | 0.17 | 6.07 |
| UPDC | 1.22 | 1.28 | 0.06 | 4.92 |
| UNIVINSURE | 0.31 | 0.32 | 0.01 | 3.23 |
| UCAP | 15.40 | 15.80 | 0.40 | 2.60 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change (N) | %Change |
| OANDO | 36.20 | 32.60 | -3.60 | -9.94 |
| ABCTRANS | 0.84 | 0.76 | -0.08 | -9.52 |
| GUINEAINS | 0.44 | 0.40 | -0.04 | -9.09 |
| LIVESTOCK | 2.42 | 2.20 | -0.22 | -9.09 |
| ACADEMY | 2.73 | 2.52 | -0.21 | -7.69 |
| CWG | 5.85 | 5.40 | -0.45 | -7.69 |
| RTBRISCOE | 1.67 | 1.55 | -0.12 | -7.19 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| VERITASKAP | 1.21 | 135 | 33,383,159 |
| STERLINGNG | 4.00 | 62 | 16,647,634 |
| AIICO | 1.14 | 104 | 16,368,201 |
| RTBRISCOE | 1.55 | 175 | 16,167,580 |
| GTCO | 45.55 | 310 | 15,935,020 |
| UCAP | 15.80 | 392 | 15,187,422 |
| WEMABANK | 6.15 | 276 | 12,532,004 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| GTCO | 45.55 | 310 | 725,233,518.45 |
| OANDO | 32.60 | 460 | 406,059,121.10 |
| ZENITHBANK | 37.85 | 358 | 370,260,681.55 |
| UCAP | 15.80 | 392 | 238,725,240.40 |
| ACCESSCORP | 19.10 | 421 | 200,168,481.70 |
| UBA | 22.50 | 258 | 176,302,529.55 |
| NAHCO | 36.00 | 49 | 157,904,877.30 |
OUTLOOK
The market’s bearish trend continues, with a further decline at the end of today’s trading. As increased profit-taking transactions overwhelmed the market. We foresee mixed sentiments by the end days of the week.
