Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (23/08/2024), as the NGX-ASI increased to 95,973.45 from 95,718.05 recorded at the close of the previous trading day; indicating a YTD return of +28.35%.
The market performance for the week decreased by 1.16% to 95,973.45 from 97,100.31 recorded at the beginning of the week
However, the market capitalization increased by N146.71 billion to 55,129.22 trillion from N54.982 trillion recorded at the close of the previous trading day. The market turnover decreased to N4.609 billion from N5.853billion.
The market breadth was positive at 3.10X as 31 stocks advanced and 10 stocks declined, while 77 stocks remained unchanged. OANDO topped the gainers’ list with 10.00%, while FTNCOCOA declined by 5.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Friday, 23rd August 2024
MARKET STATISTICS
| CAP | N55,129,217,636,168.78 | One Day (ASI CHG) | 0.27% |
| Index | 95,973.45 | One Week (ASI CHG) | -1.16% |
| Volume | 327,276,903.00 | One Month (ASI CHG) | -4.49% |
| Value | N4,609,386,411.71 | Six Months (ASI CHG) | -5.99% |
| Deals | 7,351 | 52 Weeks (ASI CHG) | +46.39% |
| Gainers | 31 | Losers | 10 |
| Unchanged | 77 | Total | 118 |
| YTD Returns | +28.35% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.27 |
| NGX30 | 0.27 |
| NGXBNK | 0.88 |
| NGXCNSMRGDS | -0.54 |
| NGXINDUSTR | -0.07 |
| NGXINS | 2.05 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | 3.55 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| OANDO | 43.50 | 47.85 | 4.35 | 10.00 |
| TOTAL | 511.90 | 563.00 | 51.10 | 9.98 |
| CORNERST | 2.11 | 2.32 | 0.21 | 9.95 |
| DEAPCAP | 0.51 | 0.56 | 0.05 | 9.80 |
| RTBRISCOE | 2.47 | 2.71 | 0.24 | 9.72 |
| TANTALIZER | 0.62 | 0.68 | 0.06 | 9.68 |
| DAARCOMM | 0.43 | 0.47 | 0.04 | 9.30 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| FTNCOCOA | 2.00 | 1.90 | -0.10 | -5.00 |
| CUTIX | 3.26 | 3.10 | -0.16 | -4.91 |
| INTBREW | 4.50 | 4.30 | -0.20 | -4.44 |
| UNIVINSURE | 0.32 | 0.31 | -0.01 | -3.13 |
| WAPIC | 0.80 | 0.78 | -0.02 | -2.50 |
| JAIZBANK | 2.25 | 2.20 | -0.05 | -2.22 |
| WEMABANK | 6.50 | 6.40 | -0.10 | -1.54 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 19.95 | 520 | 36,853,218 |
| VERITASKAP | 1.26 | 123 | 27,678,802 |
| FCMB | 7.60 | 126 | 24,681,322 |
| DAARCOMM | 0.47 | 38 | 18,797,386 |
| UCAP | 19.75 | 585 | 16,765,308 |
| TRANSCORP | 12.00 | 407 | 16,548,534 |
| OANDO | 47.85 | 371 | 12,810,257 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ACCESSCORP | 19.95 | 520 | 716,327,145.80 |
| OANDO | 47.85 | 371 | 612,970,797.45 |
| GTCO | 45.60 | 225 | 513,210,986.90 |
| UCAP | 19.75 | 585 | 329,811,353.75 |
| SEPLAT | 3730.10 | 54 | 312,246,091.30 |
| ZENITHBANK | 37.90 | 329 | 303,263,338.20 |
| MTNN | 199.80 | 256 | 285,742,912.70 |
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.
