Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (05/07/2024), as the NGX-ASI decreased to 100,022.03 from 100,065.68 recorded at the close of the previous trading day; indicating a YTD return of +31.62%.
The market performance for the week decreased by 0.04% to 100,022.03 from 100,057.49 recorded at the beginning of the week.
Similarly, The market capitalization also decreased by N23.35 billion to N56,580 trillion from N56,604 trillion recorded at the close of the previous trading day, the market turnover decreased to N6.022 billion from N12.561 billion.
The market breadth was positive at 1.19X as 31 stocks advanced and 26 stocks declined, while 63 stocks remained unchanged. CONOIL the gainers’ list with +10.00%, while UPDCREIT declined by -10.00% to lead the losers’ chart.
OANDO recorded the highest volume while TRANSPOWER recorded the highest value for the day.
Read: NGX Price List for Friday, 5th July 2024
MARKET STATISTICS
| CAP | N56,580,822,760,931.13 | One Day (ASI CHG) | -0.04% |
| Index | 100,022.03 | One Week (ASI CHG) | -0.04% |
| Volume | 412,663,703 | One Month (ASI CHG) | +0.98% |
| Value | N6,022,164,628.66 | Six Months (ASI CHG) | 40.38% |
| Deals | 8,551 | 52 Weeks (ASI CHG) | 54.82% |
| Gainers | 31 | Losers | 26 |
| Unchanged | 63 | Total | 120 |
| YTD Returns | +31.62% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.04 |
| NGX30 | -0.24 |
| NGXBNK | -0.70 |
| NGXCNSMRGDS | -0.25 |
| NGXINDUSTR | 0.12 |
| NGXINS | -1.33 |
| NGXLOTUSISLM | -0.01 |
| NGXOILGAS | 1.59 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| CONOIL | 115.00 | 126.50 | 11.50 | 10.00 |
| OANDO | 15.50 | 17.00 | 1.50 | 9.68 |
| VERITASKAP | 1.05 | 1.15 | 0.10 | 9.52 |
| DAARCOMM | 0.44 | 0.48 | 0.04 | 9.09 |
| UPL | 2.10 | 2.29 | 0.19 | 9.05 |
| ETRANZACT | 4.50 | 4.90 | 0.40 | 8.89 |
| CHAMS | 2.21 | 2.38 | 0.17 | 7.69 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| UPDCREIT | 5.00 | 4.50 | -0.50 | -10.00 |
| JBERGER | 98.00 | 88.60 | -9.40 | -9.59 |
| IKEJAHOTEL | 7.65 | 6.95 | -0.70 | -9.15 |
| ABCTRANS | 0.70 | 0.64 | -0.06 | -8.57 |
| LINKASSURE | 1.14 | 1.05 | -0.09 | -7.89 |
| CORNERST | 2.29 | 2.11 | -0.18 | -7.86 |
| UNIVINSURE | 0.40 | 0.37 | -0.03 | -7.50 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| OANDO | 17.00 | 755 | 53,828,108 |
| AIICO | 1.10 | 164 | 30,838,928 |
| VERITASKAP | 1.15 | 154 | 26,583,179 |
| CHAMS | 2.38 | 131 | 23,185,928 |
| ACCESSCORP | 19.20 | 601 | 22,685,335 |
| JAPAULGOLD | 2.00 | 137 | 21,186,592 |
| TRANSCORP | 12.85 | 246 | 19,128,553 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| TRANSPOWER | 373.90 | 91 | 1,018,513,900.80 |
| OANDO | 17.00 | 755 | 901,105,906.50 |
| GTCO | 47.35 | 322 | 621,970,563.25 |
| ZENITHBANK | 37.50 | 501 | 615,503,008.55 |
| ACCESSCORP | 19.20 | 601 | 448,010,179.05 |
| UCAP | 28.10 | 263 | 311,051,136.40 |
| UBA | 23.70 | 394 | 254,731,748.20 |
OUTLOOK
Activities on the Nigerian Exchange Market closed negative at the end of this week. We expect more mixed sessions in the week ahead, as investors await Q2 reports.
