Trading activities in the Nigerian Equities Market closed positive at the end of today, Tuesday (02/07/2024) with 0.05% as the NGX-ASI increased to 100,067.77 from 100,020.83 recorded at the close of the previous trading day; indicating a YTD return of +31.68%.
The market capitalization also increased by N25.72 billion to N56,607 trillion from N56,581 trillion recorded at the close of the previous trading day, the market turnover also increased to N4.116 billion from N3.713 billion.
The market breadth was negative at 0.92X as 22 stocks advanced and 24 stocks declined, while 71 stocks remained unchanged. CORNERST the gainers’ list with +10.00%, while RTBRISCOE declined by -9.86% to lead the losers’ chart.
UNIVINSURE recorded the highest volume while UCAP recorded the highest value for the day.
Read: NGX Price List for Tuesday, 2nd July 2024
MARKET STATISTICS
| CAP | N56,606,563,336,024.85 | One Day (ASI CHG) | +0.05% |
| Index | 100,067.77 | One Week (ASI CHG) | +0.86% |
| Volume | 365,642,039 | One Month (ASI CHG) | +0.77% |
| Value | N4,116,034,659.74 | Six Months (ASI CHG) | 41.05% |
| Deals | 8,665 | 52 Weeks (ASI CHG) | 62.65% |
| Gainers | 22 | Losers | 24 |
| Unchanged | 71 | Total | 117 |
| YTD Returns | +31.68% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.05 |
| NGX30 | +0.01 |
| NGXBNK | +0.79 |
| NGXCNSMRGDS | -0.34 |
| NGXINDUSTR | -0.01 |
| NGXINS | +1.99 |
| NGXLOTUSISLM | +0.02 |
| NGXOILGAS | -0.03 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CORNERST | 1.90 | 2.09 | 0.19 | 10.00 |
| JAIZBANK | 2.01 | 2.21 | 0.20 | 9.95 |
| WAPIC | 0.73 | 0.80 | 0.07 | 9.59 |
| FIDSON | 13.50 | 14.75 | 1.25 | 9.26 |
| GUINEAINS | 0.34 | 0.37 | 0.03 | 8.82 |
| UNIVINSURE | 0.38 | 0.41 | 0.03 | 7.89 |
| ABCTRANS | 0.66 | 0.70 | 0.04 | 6.06 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| RTBRISCOE | 0.71 | 0.64 | -0.07 | -9.86 |
| CUTIX | 4.40 | 4.10 | -0.30 | -6.82 |
| CILEASING | 3.20 | 3.00 | -0.20 | -6.25 |
| PRESTIGE | 0.54 | 0.51 | -0.03 | -5.56 |
| CWG | 8.45 | 8.00 | -0.45 | -5.33 |
| MBENEFIT | 0.65 | 0.62 | -0.03 | -4.62 |
| FBNH | 23.00 | 22.00 | -1.00 | -4.35 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| UNIVINSURE | 0.41 | 126 | 61,525,319 |
| AIICO | 1.01 | 175 | 31,722,948 |
| UBA | 22.75 | 486 | 25,854,684 |
| UCAP | 28.35 | 489 | 25,266,358 |
| NEM | 8.50 | 42 | 23,259,305 |
| GTCO | 46.00 | 414 | 13,234,766 |
| WAPIC | 0.80 | 49 | 12,928,575 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value(N) |
| UCAP | 28.35 | 489 | 711,307,531.55 |
| GTCO | 46.00 | 414 | 603,978,943.20 |
| UBA | 22.75 | 486 | 581,910,683.20 |
| ZENITHBANK | 35.70 | 432 | 318,992,366.90 |
| ACCESSCORP | 19.50 | 483 | 247,963,019.95 |
| NEM | 8.50 | 42 | 197,683,037.50 |
| FBNH | 22.00 | 308 | 186,466,794.10 |
OUTLOOK
The Equities Market rebounds from the previous trading day’s loss on investors renewed sentiment in buying into high performing stocks. The market is projected to attain equilibrium as quoted companies begin to declare their half year performance.
