Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (27/08/2024), as the NGX-ASI increased to 96,510.13 from 96,037.28 recorded at the close of the previous trading day; indicating a YTD return of +29.07%.
Similarly, the market capitalization increased by N271 billion to N55.437 trillion from N55.166 trillion recorded at the close of the previous trading day. The market turnover increased to N5.635 billion from N3.884 billion.
The market breadth was positive at 3.36X as 47 stocks advanced and 14 stocks declined, while 54 stocks remained unchanged. TOTAL topped the gainers’ list with 10.00%, while UPL declined by 9.58% to lead the losers’ chart.
VERITASKAP recorded the highest volume while ACCESSCORP recorded the highest value for the day.
Read: NGX Price List for Tuesday, 27th August 2024
MARKET STATISTICS
| CAP | N55,437,498,938,187.89 | One Day (ASI CHG) | +0.49% |
| Index | 96,510.13 | One Week (ASI CHG) | +0.64% |
| Volume | 433,217,365 | One Month (ASI CHG) | -1.72% |
| Value | N5,433,543,154.99 | Six Months (ASI CHG) | -4.05% |
| Deals | 8,302 | 52 Weeks (ASI CHG) | +45.15% |
| Gainers | 47 | Losers | 14 |
| Unchanged | 54 | Total | 115 |
| YTD Returns | +29.07% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.49 |
| NGX30 | 0.49 |
| NGXBNK | 1.45 |
| NGXCNSMRGDS | 0.45 |
| NGXINDUSTR | 0.04 |
| NGXINS | 1.30 |
| NGXLOTUSISLM | 1.81 |
| NGXOILGAS | 4.14 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| TOTAL | 563.00 | 619.30 | 56.30 | 10.00 |
| JBERGER | 130.00 | 143.00 | 13.00 | 10.00 |
| JOHNHOLT | 2.80 | 3.08 | 0.28 | 10.00 |
| NEIMETH | 2.00 | 2.20 | 0.20 | 10.00 |
| SFSREIT | 122.65 | 134.90 | 12.25 | 9.99 |
| OANDO | 52.60 | 57.85 | 5.25 | 9.98 |
| OKOMUOIL | 379.80 | 417.70 | 37.90 | 9.98 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| UPL | 2.40 | 2.17 | -0.23 | -9.58 |
| CUTIX | 3.20 | 3.00 | -0.20 | -6.25 |
| VITAFOAM | 19.35 | 18.35 | -1.00 | -5.17 |
| TRANSCORP | 11.80 | 11.20 | -0.60 | -5.08 |
| LINKASSURE | 1.00 | 0.95 | -0.05 | -5.00 |
| DANGSUGAR | 39.75 | 38.00 | -1.75 | -4.40 |
| NEM | 8.00 | 7.75 | -0.25 | -3.13 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| VERITASKAP | 1.39 | 355 | 83,077,182 |
| ACCESSCORP | 19.15 | 377 | 55,965,552 |
| UNIVINSURE | 0.35 | 99 | 29,072,853 |
| FBNH | 22.60 | 405 | 23,645,811 |
| FCMB | 7.60 | 104 | 20,916,975 |
| UBA | 22.50 | 390 | 14,068,291 |
| JAPAULGOLD | 2.72 | 128 | 13,216,139 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| ACCESSCORP | 19.15 | 377 | 1,064,376,665.20 |
| GTCO | 45.65 | 255 | 599,342,160.65 |
| FBNH | 22.60 | 405 | 519,532,296.15 |
| OANDO | 57.85 | 340 | 446,832,069.45 |
| ZENITHBANK | 38.00 | 383 | 438,110,060.85 |
| UBA | 22.50 | 390 | 317,088,563.70 |
| PRESCO | 485.40 | 130 | 190,347,239.30 |
OUTLOOK
The Nigerian equities market closed positive at the end of today’s trading. Worthy of note is the positive result recorded by the various sectors in the market. Trading activity on the floor of the exchange is projected to remain mixed as investors continue to invest in high-quality stocks with strong fundamentals backing them.
