Equities Market Dips By 1.36%

Trading activities in the Nigerian Equities market closed flat at the end of today, Monday (19/08/2024), as the NGX-ASI decreased to 95,779.79 from 97,100.31 recorded at the close of the previous trading day; indicating a YTD return of +28.09%.

Similarly, The market capitalization also decreased by N749.73 billion to N54,381 trillion from N55,131 trillion recorded at the close of the previous trading day. The market turnover increased to N7.649 billion from N7.464 billion.

The market breadth was positive at 1.72X as 31 stocks advanced and 18 stocks declined, while 66 stocks remained unchanged. CUTIX topped the gainers’ list with 10.00%, while DANGCEM declined by 10.00% to lead the losers’ chart.

GTCO recorded the highest volume and the highest value for the day.

Read: NGX Price List for Monday, 19th August 2024

MARKET STATISTICS

CAPN54,381,931,567,858.35One Day (ASI CHG)-1.36%
Index95,779.79One Week (ASI CHG)-2.15%
Volume3,546,022,683One Month (ASI CHG)-4.73%
ValueN7,649,382,097.76Six Months (ASI CHG)-6.46%
Deals9,29152 Weeks (ASI CHG)46.90%
Gainers31Losers 18
Unchanged66Total115
YTD Returns+28.09%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-1.36
NGX30-1.43
NGXBNK0.17
NGXCNSMRGDS-0.67
NGXINDUSTR-4.96
NGXINS-0.71
NGXLOTUSISLM-1.60
NGXOILGAS0.11

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change(N)%Change
CUTIX2.402.640.2410.00
RTBRISCOE1.701.870.1710.00
SKYAVN24.0026.402.4010.00
OANDO35.8539.403.559.90
FTNCOCOA1.882.060.189.57
TANTALIZER0.440.480.049.09
CADBURY18.1019.701.608.84

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change (N)%Change
DANGCEM591.10532.00-59.10-10.00
NSLTECH0.410.37-0.04-9.76
AFRIPRUD9.308.40-0.90-9.68
BETAGLAS53.0048.00-5.00-9.43
CAVERTON1.411.32-0.09-6.38
DANGSUGAR40.6538.50-2.15-5.29
DEAPCAP0.430.41-0.02-4.65

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of Trades Daily Volume 
GTCO45.8033859,254,617
WEMABANK6.4046525,350,983
ACCESSCORP19.0064724,696,831
UBA22.7050623,359,573
FIDELITYBK10.6524222,176,086
FCMB7.6017221,336,269
DEAPCAP0.417319,689,933

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesDaily Value 
GTCO45.803382,727,547,098.15
ZENITHBANK38.00527534,754,083.70
UBA22.70506529,570,562.30
ACCESSCORP19.00647471,223,698.00
OANDO39.40224397,774,362.40
PRESCO485.40105277,450,894.60
UCAP16.10379274,320,497.90

OUTLOOK

The Nigerian equity market continues its southward trail at the end of today’s buy and sell. We anticipate the mildness to continue in the remaining days of week.

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