Trading activities in the Nigerian Equities Market closed negative at the end of today, Monday (24/06/2024) as the NGX-ASI decreased to 99,651.67 from 99,743.05 recorded at the close of the previous trading day; indicating a YTD return of +33.27%.
The market capitalization also decreased by N51.70 billion to N56.371 trillion from N56.423 trillion recorded at the close of the previous trading day, while the market turnover increased to N19.169 billion from N11.346 billion.
The market breadth was positive at 0.76X as 19 stocks advanced and 25 stocks declined, while 80 stocks remained unchanged. NSLTECH the gainers’ list with +10.00%, while INTBREW declined by 10.00% to lead the losers’ chart.
FBNH recorded the highest volume and value for the day.
Read: NGX Price List for Monday, 24th June 2024
MARKET STATISTICS
| CAP | N56,371,831,957,894.01 | One Day (ASI CHG) | -0.09% |
| Index | 99,651.67 | One Week (ASI CHG) | -0.27% |
| Volume | 961,441,849 | One Month (ASI CHG) | 2.09% |
| Value | N19,169,805,813.02 | Six Months (ASI CHG) | 34.62% |
| Deals | 9,753 | 52 Weeks (ASI CHG) | 65.79% |
| Gainers | 19 | Losers | 25 |
| Unchanged | 80 | Total | 124 |
| YTD Returns | +33.27% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.09 |
| NGX30 | -0.05 |
| NGXBNK | -1.04 |
| NGXCNSMRGDS | -0.44 |
| NGXINDUSTR | -0.17 |
| NGXINS | 1.05 |
| NGXLOTUSISLM | -0.32 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Price Change | % Change |
| NSLTECH | 0.50 | 0.55 | 0.05 | 10.00 |
| VFDGROUP | 40.60 | 44.60 | 4.00 | 9.85 |
| JOHNHOLT | 2.61 | 2.86 | 0.25 | 9.58 |
| THOMASWY | 2.10 | 2.30 | 0.20 | 9.52 |
| TRANSCOHOT | 90.00 | 98.40 | 8.40 | 9.33 |
| SOVRENINS | 0.45 | 0.49 | 0.04 | 8.89 |
| NEM | 7.90 | 8.50 | 0.60 | 7.59 |
Top 7 Losers
| Security | Previous Close | Close Price | Price change | % Change |
| INTBREW | 4.40 | 3.96 | -0.44 | -10.00 |
| DEAPCAP | 0.56 | 0.51 | -0.05 | -8.93 |
| DAARCOMM | 0.57 | 0.52 | -0.05 | -8.77 |
| BETAGLAS | 58.00 | 53.00 | -5.00 | -8.62 |
| OANDO | 14.95 | 13.85 | -1.10 | -7.36 |
| UNITYBNK | 1.60 | 1.50 | -0.10 | -6.25 |
| UPDCREIT | 5.00 | 4.70 | -0.30 | -6.00 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FBNH | 20.00 | 561 | 627,604,418 |
| BETAGLAS | 53.00 | 16 | 35,698,336 |
| VERITASKAP | 0.94 | 293 | 35,343,500 |
| CHAMS | 2.30 | 216 | 26,151,623 |
| AIICO | 0.96 | 177 | 24,298,602 |
| UNIVINSURE | 0.35 | 60 | 23,844,581 |
| FIDELITYBK | 10.00 | 965 | 16,994,685 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| FBNH | 20.00 | 561 | 13,451,764,494.50 |
| BETAGLAS | 53.00 | 16 | 1,892,016,506.00 |
| STANBIC | 52.00 | 74 | 712,799,012.50 |
| ZENITHBANK | 35.85 | 454 | 442,399,149.85 |
| GTCO | 43.50 | 345 | 398,526,666.35 |
| UBA | 21.95 | 505 | 302,959,055.70 |
| MTNN | 214.80 | 416 | 208,418,092.80 |
OUTLOOK
The Equities Market closed bearish at the end of today’s trading. The dip in the trading activities could be attributed to continuous profit taking by investors . We are anticipating mixed sentiment in the remaining days of the week.
