Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (26/08/2024), as the NGX-ASI increased to 96,037.28 from 95,973.45 recorded at the close of the previous trading day; indicating a YTD return of +28.44%.
Similarly, the market capitalization increased by N36.67 billion to N55.166 trillion from N55.129 trillion recorded at the close of the previous trading day. The market turnover decreased to N3.884 billion from N4.609 billion.
The market breadth was positive at 1.44X as 26 stocks advanced and 18 stocks declined, while 74 stocks remained unchanged. ETERNA topped the gainers’ list with 10.00%, while TRANSPOWER declined by 9.99% to lead the losers’ chart.
VERITASKAP recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Monday, 26th August 2024
MARKET STATISTICS
| CAP | N55,165,885,495,893.97 | One Day (ASI CHG) | 0.07% |
| Index | 96,037.28 | One Week (ASI CHG) | 0.27% |
| Volume | 390,512,829 | One Month (ASI CHG) | -2.20% |
| Value | N3,884,295,555.52 | Six Months (ASI CHG) | -5.84% |
| Deals | 9,242 | 52 Weeks (ASI CHG) | 45.18% |
| Gainers | 26 | Losers | 18 |
| Unchanged | 74 | Total | 118 |
| YTD Returns | +28.44% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.07 |
| NGX30 | 0.56 |
| NGXBNK | -0.41 |
| NGXCNSMRGDS | 1.83 |
| NGXINDUSTR | 0.01 |
| NGXINS | 1.05 |
| NGXLOTUSISLM | 2.78 |
| NGXOILGAS | 0.73 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| ETERNA | 21.00 | 23.10 | 2.10 | 10.00 |
| OKOMUOIL | 345.30 | 379.80 | 34.50 | 9.99 |
| RTBRISCOE | 2.71 | 2.98 | 0.27 | 9.96 |
| OANDO | 47.85 | 52.60 | 4.75 | 9.93 |
| JAPAULGOLD | 2.26 | 2.48 | 0.22 | 9.73 |
| VERITASKAP | 1.26 | 1.38 | 0.12 | 9.52 |
| NSLTECH | 0.43 | 0.47 | 0.04 | 9.30 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| TRANSPOWER | 372.40 | 335.20 | -37.20 | -9.99 |
| ABBEYBDS | 2.58 | 2.33 | -0.25 | -9.69 |
| UCAP | 19.75 | 18.10 | -1.65 | -8.35 |
| UPL | 2.54 | 2.40 | -0.14 | -5.51 |
| UNILEVER | 19.00 | 18.00 | -1.00 | -5.26 |
| ACCESSCORP | 19.95 | 19.00 | -0.95 | -4.76 |
| FTNCOCOA | 1.90 | 1.85 | -0.05 | -2.63 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| VERITASKAP | 1.38 | 212 | 67,269,699 |
| JAPAULGOLD | 2.48 | 260 | 23,923,845 |
| FCMB | 7.60 | 124 | 20,483,745 |
| PRESTIGE | 0.53 | 68 | 20,243,648 |
| CHAMS | 2.12 | 106 | 18,320,975 |
| UCAP | 18.10 | 616 | 15,986,206 |
| ACCESSCORP | 19.00 | 504 | 14,868,199 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ZENITHBANK | 37.95 | 406 | 503,538,687.80 |
| GTCO | 45.50 | 315 | 397,644,829.20 |
| OANDO | 52.60 | 325 | 341,521,017.00 |
| UCAP | 18.10 | 616 | 299,196,349.05 |
| ACCESSCORP | 19.00 | 504 | 284,436,523.70 |
| UBA | 22.40 | 351 | 216,184,276.45 |
| ETERNA | 23.10 | 287 | 177,045,067.75 |
OUTLOOK
The Nigerian equities market closed positive at the end of today’s trading. We foresee a mixed trading week, and advise investors to invest in high-quality stocks with strong fundamentals backing them.
