Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (23/07/2024), as the NGX-ASI decreased to 100,486.12 from 100,568.60 recorded at the close of the previous trading day; indicating a YTD return of +34.39%.
Similarly, The market capitalization also decreased by N46.70 billion to N56.899 trillion from N56.945 trillion recorded at the close of the previous trading day. The market turnover decreased to N3.626 billion from N3.717 billion.
The market breadth was negative at 0.56X as 14 stocks advanced and 25 stocks declined, while 74 stocks remained unchanged. IKEJAHOTEL topped the gainers’ list with +7.58%, while UPL declined by -9.92% to lead the losers’ chart.
VERITASKAP recorded the highest volume and UCAP recorded the highest value for the day.
Read: NGX Price List for Tuesday, 23rd July 2024
MARKET STATISTICS
| CAP | N56,898,705,756,616.08 | One Day (ASI CHG) | -0.08% |
| Index | 100,486.12 | One Week (ASI CHG) | +0.41% |
| Volume | 280,922,197 | One Month (ASI CHG) | +0.74% |
| Value | N3,625,620,975.33 | Six Months (ASI CHG) | +35.75% |
| Deals | 8,403 | 52 Weeks (ASI CHG) | +52.98% |
| Gainers | 14 | Losers | 25 |
| Unchanged | 74 | Total | 113 |
| YTD Returns | +34.39% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.08 |
| NGX30 | -0.08 |
| NGXBNK | -0.67 |
| NGXCNSMRGDS | +0.06 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.15 |
| NGXLOTUSISLM | -0.03 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| IKEJAHOTEL | 6.60 | 7.10 | 0.50 | 7.58 |
| LINKASSURE | 0.87 | 0.93 | 0.06 | 6.90 |
| CAVERTON | 1.40 | 1.47 | 0.07 | 5.00 |
| SOVRENINS | 0.48 | 0.50 | 0.02 | 4.17 |
| CONHALLPLC | 1.35 | 1.39 | 0.04 | 2.96 |
| LEARNAFRCA | 3.85 | 3.95 | 0.10 | 2.60 |
| OANDO | 17.60 | 18.00 | 0.40 | 2.27 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| UPL | 2.52 | 2.27 | -0.25 | -9.92 |
| JOHNHOLT | 3.14 | 2.83 | -0.31 | -9.87 |
| OMATEK | 0.74 | 0.67 | -0.07 | -9.46 |
| DEAPCAP | 0.56 | 0.51 | -0.05 | -8.93 |
| NSLTECH | 0.57 | 0.53 | -0.04 | -7.02 |
| TANTALIZER | 0.49 | 0.46 | -0.03 | -6.12 |
| CUSTODIAN | 10.00 | 9.40 | -0.60 | -6.00 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| VERITASKAP | 1.01 | 123 | 22,505,316 |
| UCAP | 38.65 | 721 | 20,854,104 |
| JAIZBANK | 2.16 | 96 | 20,784,132 |
| ACCESSCORP | 19.35 | 675 | 20,399,847 |
| PRESTIGE | 0.51 | 28 | 16,812,135 |
| FIDELITYBK | 10.80 | 320 | 14,012,014 |
| AIICO | 1.02 | 126 | 12,265,249 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value(N) |
| UCAP | 38.65 | 721 | 817,098,013.60 |
| ACCESSCORP | 19.35 | 675 | 394,315,618.45 |
| ZENITHBANK | 36.90 | 419 | 377,495,473.70 |
| UBA | 22.70 | 446 | 247,480,579.45 |
| GTCO | 45.05 | 416 | 201,785,026.20 |
| FIDELITYBK | 10.80 | 320 | 149,576,320.00 |
| MTNN | 200.00 | 310 | 119,556,730.20 |
OUTLOOK
Nigerian Equities Market closed negative at the end of today’s trading. We project the market will continue to witness the seesaw in performance as investors continue to react to the market based on the prevailing micro and macro economic indicators.
