Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (24/07/2024), as the NGX-ASI decreased to 100,365.17 from 100,486.12 recorded at the close of the previous trading day; indicating a YTD return of +34.23%.
Similarly, The market capitalization also decreased by N68.49 billion to N56.830 trillion from N56.899 trillion recorded at the close of the previous trading day. The market turnover increased to N8.605 billion from N3.626 billion.
The market breadth was negative at 0.76X as 16 stocks advanced and 21 stocks declined, while 77 stocks remained unchanged. SOVRENINS topped the gainers’ list with 10.00%, while NSLTECH declined by 9.43% to lead the losers’ chart.
FCMB recorded the highest volume and ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Wednesday, 24th July 2024
MARKET STATISTICS
| CAP | N56,830,217,920,667.92 | One Day (ASI CHG) | -0.12% |
| Index | 100,365.17 | One Week (ASI CHG) | +0.33% |
| Volume | 497,842,944 | One Month (ASI CHG) | +0.62% |
| Value | N8,605,259,125.34 | Six Months (ASI CHG) | +35.59% |
| Deals | 8,412 | 52 Weeks (ASI CHG) | +53.27% |
| Gainers | 16 | Losers | 21 |
| Unchanged | 77 | Total | 114 |
| YTD Returns | +34.23% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.12 |
| NGX30 | -0.15 |
| NGXBNK | -0.82 |
| NGXCNSMRGDS | -0.22 |
| NGXINDUSTR | 0.03 |
| NGXINS | 0.38 |
| NGXLOTUSISLM | -0.47 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| SOVRENINS | 0.50 | 0.55 | 0.05 | 10.00 |
| INTBREW | 3.70 | 4.07 | 0.37 | 10.00 |
| DEAPCAP | 0.51 | 0.56 | 0.05 | 9.80 |
| FCMB | 7.60 | 8.00 | 0.40 | 5.26 |
| OMATEK | 0.67 | 0.70 | 0.03 | 4.48 |
| TANTALIZER | 0.46 | 0.48 | 0.02 | 4.35 |
| VERITASKAP | 1.01 | 1.04 | 0.03 | 2.97 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| NSLTECH | 0.53 | 0.48 | -0.05 | -9.43 |
| RTBRISCOE | 0.73 | 0.67 | -0.06 | -8.22 |
| UBA | 22.70 | 21.55 | -1.15 | -5.07 |
| LIVESTOCK | 2.41 | 2.30 | -0.11 | -4.56 |
| UCAP | 38.65 | 37.00 | -1.65 | -4.27 |
| FTNCOCOA | 1.70 | 1.63 | -0.07 | -4.12 |
| DANGSUGAR | 40.50 | 39.00 | -1.50 | -3.70 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FCMB | 8.00 | 160 | 133,915,423 |
| ACCESSCORP | 19.15 | 815 | 72,819,720 |
| ZENITHBANK | 36.90 | 762 | 60,060,941 |
| UBA | 21.55 | 675 | 29,077,566 |
| UNIVINSURE | 0.34 | 73 | 22,921,801 |
| GTCO | 45.00 | 435 | 21,091,416 |
| UCAP | 37.00 | 756 | 19,083,278 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| ZENITHBANK | 36.90 | 762 | 2,187,380,833.60 |
| ACCESSCORP | 19.15 | 815 | 1,400,898,371.80 |
| FCMB | 8.00 | 160 | 1,043,162,047.60 |
| GTCO | 45.00 | 435 | 949,128,262.20 |
| UCAP | 37.00 | 756 | 720,346,312.15 |
| UBA | 21.55 | 675 | 639,548,238.65 |
| CAP | 35.95 | 63 | 468,206,297.20 |
OUTLOOK
Nigeria Equities Market closed negative at the end of today’s trading. Investors’ sentiments remain weak due to continuous oscillation in stock prices. We foresee, a mild trading for the remaining days of the week.
