Trading activities in the Nigerian Equities market closed negative at the end of today, Monday (29/07/2024), as the NGX-ASI decreased to 98,132.15 from 98,201.49 recorded at the close of the previous trading day; indicating a YTD return of +31.24%.
Similarly, The market capitalization also decreased by N111.77 billion to N55.717 trillion from N55.605 trillion recorded at the close of the previous trading day. The market turnover also decreased to N8.707 billion from N21.597 billion.
The market breadth was positive at 1.05X as 22 stocks advanced and 21 stocks declined, while 72 stocks remained unchanged. AFRIPRUD topped the gainers’ list with 10.00%, while CAVERTON declined by 10.00% to lead the losers’ chart.
UBA recorded the highest volume and SEPLAT recorded the highest value for the day.
Read: NGX Price List for Monday, 29th July 2024
MARKET STATISTICS
| CAP | N55,716,825,620,059.93 | One Day (ASI CHG) | -0.07% |
| Index | 98,132.15 | One Week (ASI CHG) | -2.42% |
| Volume | 379,132,593 | One Month (ASI CHG) | -1.92% |
| Value | N8,706,770,042.36 | Six Months (ASI CHG) | -6.25% |
| Deals | 10,096 | 52 Weeks (ASI CHG) | 52.53% |
| Gainers | 22 | Losers | 21 |
| Unchanged | 72 | Total | 115 |
| YTD Returns | +31.24% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.07 |
| NGX30 | -0.18 |
| NGXBNK | -1.01 |
| NGXCNSMRGDS | -0.07 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.15 |
| NGXLOTUSISLM | -0.18 |
| NGXOILGAS | 1.32 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| AFRIPRUD | 9.50 | 10.45 | 0.95 | 10.00 |
| CUTIX | 5.15 | 5.66 | 0.51 | 9.90 |
| ETERNA | 16.20 | 17.80 | 1.60 | 9.88 |
| OANDO | 20.35 | 22.35 | 2.00 | 9.83 |
| CUSTODIAN | 10.20 | 11.20 | 1.00 | 9.80 |
| NSLTECH | 0.42 | 0.46 | 0.04 | 9.52 |
| MAYBAKER | 5.90 | 6.45 | 0.55 | 9.32 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CAVERTON | 1.50 | 1.35 | -0.15 | -10.00 |
| WAPIC | 0.86 | 0.78 | -0.08 | -9.30 |
| ABCTRANS | 0.77 | 0.70 | -0.07 | -9.09 |
| NEIMETH | 1.96 | 1.81 | -0.15 | -7.65 |
| NASCON | 34.00 | 32.35 | -1.65 | -4.85 |
| DEAPCAP | 0.51 | 0.49 | -0.02 | -3.92 |
| JAPAULGOLD | 1.86 | 1.79 | -0.07 | -3.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| UBA | 20.90 | 662 | 69,055,241 |
| FBNH | 20.45 | 326 | 24,941,122 |
| ACCESSCORP | 18.50 | 800 | 23,890,019 |
| UNIVINSURE | 0.33 | 89 | 22,193,379 |
| GTCO | 44.00 | 649 | 20,991,347 |
| VERITASKAP | 0.97 | 110 | 18,723,967 |
| AIICO | 1.02 | 144 | 17,560,522 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| SEPLAT | 3730.00 | 102 | 2,710,967,622.60 |
| UBA | 20.90 | 662 | 1,455,864,598.75 |
| GTCO | 44.00 | 649 | 924,893,822.30 |
| UCAP | 37.80 | 764 | 676,016,473.35 |
| ZENITHBANK | 34.55 | 522 | 536,787,884.00 |
| FBNH | 20.45 | 326 | 512,400,682.60 |
| ACCESSCORP | 18.50 | 800 | 441,430,771.10 |
OUTLOOK
The stock market closed in red, experiencing a dip at the end of the trading day. Market’s trajectory continues in the negative region extending loses. We anticipate mixed sentiment in the remaining days of the week.
