Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (12/07/2024), as the NGX-ASI increased to 99,671.28 from 99,468.90 recorded at the close of the previous trading day; indicating a YTD return of +19.81%.
The market performance for the week decreased by 0.35% to 99,671.28 from 100,022.03 recorded at the beginning of the week.
Similarly, The market capitalization also increased by N172.88 billion to N56,440 trillion from N56,268 trillion recorded at the close of the previous trading day, the market turnover increased to N6.820 billion from N5.447 billion.
The market breadth was positive at 0.95X as 21 stocks advanced and 22 stocks declined, while 69 stocks remained unchanged. CUTIX the gainers’ list with +10.00%, while REDSTAREX declined by 9.80% to lead the losers’ chart.
FIDELITYBK recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Friday, 12th July 2024
MARKET STATISTICS
| CAP | N56,440,931,303,752.05 | One Day (ASI CHG) | 0.20% |
| Index | 99,671.28 | One Week (ASI CHG) | -0.35% |
| Volume | 420,896,797 | One Month (ASI CHG) | 0.04% |
| Value | N6,820,772,893.76 | Six Months (ASI CHG) | 38.61% |
| Deals | 7,617 | 52 Weeks (ASI CHG) | 58.35% |
| Gainers | 21 | Losers | 22 |
| Unchanged | 69 | Total | 112 |
| YTD Returns | +19.81% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.2 |
| NGX30 | 0.12 |
| NGXBNK | -0.2 |
| NGXCNSMRGDS | -0.13 |
| NGXINDUSTR | -0.06 |
| NGXINS | -0.33 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | 3.33 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| CUTIX | 4.20 | 4.62 | 0.42 | 10.00 |
| LEARNAFRCA | 3.20 | 3.52 | 0.32 | 10.00 |
| CAVERTON | 1.45 | 1.58 | 0.13 | 8.97 |
| HONYFLOUR | 3.16 | 3.44 | 0.28 | 8.86 |
| CONHALLPLC | 1.35 | 1.45 | 0.10 | 7.41 |
| SEPLAT | 3,480.00 | 3,730.00 | 250.00 | 7.18 |
| MAYBAKER | 5.51 | 5.90 | 0.39 | 7.08 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| REDSTAREX | 4.49 | 4.05 | -0.44 | -9.80 |
| DAARCOMM | 0.57 | 0.52 | -0.05 | -8.77 |
| GUINNESS | 70.00 | 65.00 | -5.00 | -7.14 |
| JBERGER | 88.60 | 83.50 | -5.10 | -5.76 |
| AFRIPRUD | 7.85 | 7.40 | -0.45 | -5.73 |
| UPDC | 1.39 | 1.33 | -0.06 | -4.32 |
| ROYALEX | 0.70 | 0.67 | -0.03 | -4.29 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FIDELITYBK | 10.65 | 524 | 96,623,947 |
| ELLAHLAKES | 3.17 | 60 | 46,542,773 |
| GTCO | 45.50 | 223 | 42,686,336 |
| ACCESSCORP | 19.05 | 755 | 6,164,378 |
| UACN | 14.15 | 50 | 19,779,349 |
| LIVESTOCK | 2.35 | 246 | 15,434,384 |
| AIICO | 1.08 | 135 | 14,613,990 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| GTCO | 45.50 | 223 | 1,942,063,753.15 |
| FIDELITYBK | 10.65 | 524 | 1,017,991,602.60 |
| ACCESSCORP | 19.05 | 755 | 501,281,922.15 |
| SEPLAT | 3730.00 | 78 | 424,497,926.50 |
| GEREGU | 1000.00 | 82 | 352,166,961.60 |
| UACN | 14.15 | 50 | 279,948,581.00 |
| MTNN | 200.00 | 358 | 252,815,249.90 |
OUTLOOK
The Nigerian Exchange closed in negative territory for the week. At the end of week’s trading session, equities declined further amid low trading volume. We expect a mixed sentiment in the week ahead.
