Trading activities in the Nigerian Equities market closed flat at the end of today, Friday (16/08/2024), as the NGX-ASI decreased to 97,100.31 from 97,100.36 recorded at the close of the previous trading day; indicating a YTD return of +29.86%.
The market performance for the week decreased by 1.51% to 97,100.31 from 98,592.12 recorded at the beginning of the week
Similarly, The market capitalization also decreased by N0.04 billion to N55,131 trillion from N55,131 trillion recorded at the close of the previous trading day. The market turnover increased to N7.464 billion from N3.522 billion.
The market breadth was positive at 1.10X as 23 stocks advanced and 21 stocks declined, while 71 stocks remained unchanged. OANDO topped the gainers’ list with 9.97%, while LEARNAFRCA 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 Friday, 16th August 2024
MARKET STATISTICS
| CAP | N55,131,663,851,261.45 | One Day (ASI CHG) | 0.00% |
| Index | 97,100.31 | One Week (ASI CHG) | -1.51% |
| Volume | 348,952,726 | One Month (ASI CHG) | -2.97% |
| Value | N7,464,902,951.30 | Six Months (ASI CHG) | -8.16% |
| Deals | 7,677 | 52 Weeks (ASI CHG) | +50.03% |
| Gainers | 23 | Losers | 21 |
| Unchanged | 71 | Total | 115 |
| YTD Returns | +29.86% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.15 |
| NGX30 | -0.06 |
| NGXBNK | 0.22 |
| NGXCNSMRGDS | -0.67 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.75 |
| NGXLOTUSISLM | -0.82 |
| NGXOILGAS | 0.13 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| OANDO | 32.60 | 35.85 | 3.25 | 9.97 |
| RTBRISCOE | 1.55 | 1.70 | 0.15 | 9.68 |
| OMATEK | 0.65 | 0.71 | 0.06 | 9.23 |
| CWG | 5.40 | 5.75 | 0.35 | 6.48 |
| THOMASWY | 1.65 | 1.75 | 0.10 | 6.06 |
| JAPAULGOLD | 2.09 | 2.20 | 0.11 | 5.26 |
| CONHALLPLC | 1.29 | 1.35 | 0.06 | 4.65 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change (N) | %Change |
| LEARNAFRCA | 3.91 | 3.52 | -0.39 | -9.97 |
| CADBURY | 20.10 | 18.10 | -2.00 | -9.95 |
| NEIMETH | 2.18 | 1.98 | -0.20 | -9.17 |
| NSLTECH | 0.45 | 0.41 | -0.04 | -8.89 |
| DEAPCAP | 0.47 | 0.43 | -0.04 | -8.51 |
| CUTIX | 5.33 | 4.95 | -0.38 | -7.13 |
| CAP | 35.50 | 33.20 | -2.30 | -6.48 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| GTCO | 46.00 | 284 | 90,886,847 |
| OANDO | 35.85 | 966 | 30,371,617 |
| JAPAULGOLD | 2.20 | 130 | 22,422,413 |
| VERITASKAP | 1.19 | 130 | 21,736,118 |
| ZENITHBANK | 38.00 | 432 | 16,710,068 |
| PRESTIGE | 0.51 | 28 | 16,395,783 |
| CUTIX | 4.95 | 213 | 12,310,912 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| GTCO | 46.00 | 284 | 4,176,772,252.85 |
| OANDO | 35.85 | 966 | 992,231,406.55 |
| ZENITHBANK | 38.00 | 432 | 633,253,994.70 |
| ACCESSCORP | 19.15 | 366 | 183,303,494.95 |
| SEPLAT | 3682.90 | 32 | 163,120,175.40 |
| UBA | 22.45 | 264 | 107,700,209.45 |
| UCAP | 15.60 | 339 | 101,813,827.80 |
OUTLOOK
The trading in the equity market’s ended on a subdue note for the week, as Profit-taking dominate the market. However, mixed performance is expected in the coming week.
