Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (29/08/2024), as the NGX-ASI increased to 96,407.88 from 96,203.65 recorded at the close of the previous trading day; indicating a YTD return of +28.93%.
Similarly, the market capitalization increased by N117 billion to N55.378 trillion from N55.261 trillion recorded at the close of the previous trading day. The market turnover increased to N7.420 billion from N4.531 billion.
The market breadth was positive at 1.09X as 25 stocks advanced and 23 stocks declined, while 70 stocks remained unchanged. OANDO topped the gainers’ list with 9.98%, while SCOA declined by 9.79% to lead the losers’ chart.
CONHALLPLC recorded the highest volume while FBNH recorded the highest value for the day.
Read: NGX Price List for Thursday, 29th August 2024
MARKET STATISTICS
| CAP | N55,378,962,290,685.63 | One Day (ASI CHG) | 0.21% |
| Index | 96,407.88 | One Week (ASI CHG) | 0.72% |
| Volume | 966,973,443 | One Month (ASI CHG) | -1.45% |
| Value | N7,420,237,057.99 | Six Months (ASI CHG) | -3.57% |
| Deals | 9,851 | 52 Weeks (ASI CHG) | +44.87% |
| Gainers | 25 | Losers | 23 |
| Unchanged | 70 | Total | 118 |
| YTD Returns | +28.93% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.21 |
| NGX30 | 0.19 |
| NGXBNK | -0.75 |
| NGXCNSMRGDS | 1.26 |
| NGXINDUSTR | -0.01 |
| NGXINS | 1.99 |
| NGXLOTUSISLM | 0.10 |
| NGXOILGAS | 0.39 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| OANDO | 63.60 | 69.95 | 6.35 | 9.98 |
| JBERGER | 156.95 | 172.60 | 15.65 | 9.97 |
| CORNERST | 2.53 | 2.78 | 0.25 | 9.88 |
| ETERNA | 27.90 | 30.65 | 2.75 | 9.86 |
| DAARCOMM | 0.61 | 0.67 | 0.06 | 9.84 |
| RTBRISCOE | 3.59 | 3.94 | 0.35 | 9.75 |
| DEAPCAP | 0.73 | 0.80 | 0.07 | 9.59 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| SCOA | 1.94 | 1.75 | -0.19 | -9.79 |
| JAPAULGOLD | 2.70 | 2.50 | -0.20 | -7.41 |
| TANTALIZER | 0.74 | 0.69 | -0.05 | -6.76 |
| FIDSON | 13.75 | 13.00 | -0.75 | -5.45 |
| PRESTIGE | 0.57 | 0.54 | -0.03 | -5.26 |
| LINKASSURE | 1.00 | 0.95 | -0.05 | -5.00 |
| VERITASKAP | 1.40 | 1.33 | -0.07 | -5.00 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| CONHALLPLC | 1.47 | 61 | 505,788,561 |
| FBNH | 22.00 | 294 | 64,091,336 |
| ACCESSCORP | 19.00 | 423 | 46,885,826 |
| PRESTIGE | 0.54 | 142 | 26,180,745 |
| UNIVINSURE | 0.36 | 102 | 23,317,218 |
| VERITASKAP | 1.33 | 206 | 22,430,719 |
| AIICO | 1.20 | 177 | 21,094,950 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| FBNH | 22.00 | 294 | 1,410,752,498.60 |
| ACCESSCORP | 19.00 | 423 | 890,330,739.70 |
| GTCO | 45.90 | 351 | 699,469,991.75 |
| OANDO | 69.95 | 346 | 675,877,885.00 |
| CONHALLPLC | 1.47 | 61 | 673,409,557.69 |
| ZENITHBANK | 38.35 | 360 | 515,937,176.75 |
| UBA | 21.90 | 455 | 461,052,469.35 |
OUTLOOK
Nigerian Equities Market closed positive with marginal gains at the end of today’s trade. We expect a bullish performance for the week.
