Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (28/08/2024), as the NGX-ASI decreased to 96,203.65 from 96,510.13 recorded at the close of the previous trading day; indicating a YTD return of +28.66%.
Similarly, the market capitalization decreased by N176 billion to N55.261 trillion from N55.437 trillion recorded at the close of the previous trading day. The market turnover decreased to N4.531 billion from N5.635 billion.
The market breadth was positive at 2.43X as 34 stocks advanced and 14 stocks declined, while 69 stocks remained unchanged. IMG topped the gainers’ list with 10.00%, while NEIMETH declined by 9.09% to lead the losers’ chart.
UNIVINSURE recorded the highest volume while OANDO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 28th August 2024
MARKET STATISTICS
| CAP | N55,261,453,646,258.18 | One Day (ASI CHG) | -0.32% |
| Index | 96,203.65 | One Week (ASI CHG) | +0.39% |
| Volume | 446,609,595 | One Month (ASI CHG) | -2.03% |
| Value | N4,531,400,867.31 | Six Months (ASI CHG) | -3.09% |
| Deals | 10,148 | 52 Weeks (ASI CHG) | +44.80% |
| Gainers | 34 | Losers | 14 |
| Unchanged | 69 | Total | 117 |
| YTD Returns | +28.66% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.32 |
| NGX30 | -0.24 |
| NGXBNK | 0.62 |
| NGXCNSMRGDS | 0.16 |
| NGXINDUSTR | -0.01 |
| NGXINS | 1.87 |
| NGXLOTUSISLM | -1.07 |
| NGXOILGAS | 0.53 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| IMG | 24.00 | 26.40 | 2.40 | 10.00 |
| CHAMS | 2.11 | 2.32 | 0.21 | 9.95 |
| OANDO | 57.85 | 63.60 | 5.75 | 9.94 |
| LIVESTOCK | 2.22 | 2.44 | 0.22 | 9.91 |
| ETERNA | 25.40 | 27.90 | 2.50 | 9.84 |
| CILEASING | 3.36 | 3.69 | 0.33 | 9.82 |
| NSLTECH | 0.51 | 0.56 | 0.05 | 9.80 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| NEIMETH | 2.20 | 2.00 | -0.20 | -9.09 |
| TANTALIZER | 0.81 | 0.74 | -0.07 | -8.64 |
| MTNN | 199.80 | 184.00 | -15.80 | -7.91 |
| THOMASWY | 1.70 | 1.58 | -0.12 | -7.06 |
| JAIZBANK | 2.40 | 2.25 | -0.15 | -6.25 |
| WEMABANK | 6.50 | 6.25 | -0.25 | -3.85 |
| CWG | 5.65 | 5.50 | -0.15 | -2.65 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| UNIVINSURE | 0.37 | 135 | 52,603,373 |
| JAPAULGOLD | 2.70 | 595 | 51,804,269 |
| PRESTIGE | 0.57 | 86 | 35,820,520 |
| TANTALIZER | 0.74 | 272 | 35,142,382 |
| CHAMS | 2.32 | 284 | 28,728,540 |
| TRANSCORP | 11.20 | 445 | 23,215,856 |
| VERITASKAP | 1.40 | 241 | 20,463,479 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| OANDO | 63.60 | 306 | 620,604,157.20 |
| ACCESSCORP | 19.00 | 456 | 356,586,949.45 |
| ZENITHBANK | 38.40 | 369 | 351,377,554.10 |
| GTCO | 45.80 | 261 | 303,329,516.50 |
| MTNN | 18.40 | 445 | 275,113,077.10 |
| TRANSCORP | 11.20 | 445 | 259,658,318.50 |
| ETERNA | 27.90 | 452 | 245,722,263.90 |
OUTLOOK
The Nigerian equity market suffers loss at the end of today’s trading activity. It is however predicted that the market sentiment will be mixed in the remaining days of the week.
