Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (15/07/2024), as the NGX-ASI increased to 99,966.28 from 99,671.28 recorded at the close of the previous trading day; indicating a YTD return of +31.55%.
Similarly, The market capitalization also increased by N167.10 billion to N56,608 trillion from N56,440 trillion recorded at the close of the previous trading day, the market turnover increased to N7.367 billion from N6.820 billion.
The market breadth was positive at 2.07X as 29 stocks advanced and 14 stocks declined, while 70 stocks remained unchanged. CUTIX the gainers’ list with +9.96%, while ABBEYBDS declined by 7.04% to lead the losers’ chart.
GTCO recorded the highest volume and value for the day.
Read: NGX Price List for Monday, 15th July 2024
MARKET STATISTICS
| CAP | N56,608,034,524,151.46 | One Day (ASI CHG) | 0.30% |
| Index | 99,966.28 | One Week (ASI CHG) | -0.04% |
| Volume | 362,429,559 | One Month (ASI CHG) | 0.04% |
| Value | N7,367,554,181.96 | Six Months (ASI CHG) | 38.10% |
| Deals | 8,405 | 52 Weeks (ASI CHG) | 56.77% |
| Gainers | 29 | Losers | 14 |
| Unchanged | 70 | Total | 113 |
| YTD Returns | +31.55% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.30 |
| NGX30 | 0.39 |
| NGXBNK | 1.32 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | -0.02 |
| NGXINS | 0.08 |
| NGXLOTUSISLM | 0.03 |
| NGXOILGAS | -0.04 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| CUTIX | 4.62 | 5.08 | 0.46 | 9.96 |
| IKEJAHOTEL | 6.35 | 6.95 | 0.60 | 9.45 |
| ROYALEX | 0.67 | 0.73 | 0.06 | 8.96 |
| SUNUASSUR | 1.19 | 1.29 | 0.10 | 8.40 |
| REDSTAREX | 4.05 | 4.38 | 0.33 | 8.15 |
| CHAMPION | 3.06 | 3.30 | 0.24 | 7.84 |
| OMATEK | 0.71 | 0.76 | 0.05 | 7.04 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| ABBEYBDS | 2.70 | 2.51 | -0.19 | -7.04 |
| JAIZBANK | 2.25 | 2.12 | -0.13 | -5.78 |
| ELLAHLAKES | 3.17 | 3.00 | -0.17 | -5.36 |
| INTBREW | 4.05 | 3.88 | -0.17 | -4.20 |
| HONYFLOUR | 3.44 | 3.30 | -0.14 | -4.07 |
| PRESTIGE | 0.53 | 0.51 | -0.02 | -3.77 |
| DEAPCAP | 0.54 | 0.52 | -0.02 | -3.70 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| GTCO | 45.60 | 432 | 66,901,254 |
| ACCESSCORP | 19.20 | 878 | 44,495,025 |
| FCMB | 7.70 | 159 | 26,735,968 |
| JAPAULGOLD | 1.96 | 134 | 21,447,016 |
| UACN | 14.15 | 33 | 20,325,766 |
| AIICO | 1.08 | 136 | 18,908,195 |
| VERITASKAP | 1.20 | 141 | 18,474,946 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| GTCO | 45.60 | 432 | 3,064,538,815.25 |
| ACCESSCORP | 19.20 | 878 | 854,417,410.30 |
| ZENITHBANK | 39.00 | 473 | 589,031,673.30 |
| GEREGU | 1000.00 | 105 | 399,514,387.30 |
| UCAP | 30.00 | 316 | 298,048,594.45 |
| UACN | 14.15 | 33 | 287,790,884.85 |
| MTNN | 203.00 | 340 | 236,027,434.70 |
OUTLOOK
Nigerian Equities Market closed in green at the close of today’s trade. The upward movements could be attributed to the surge in demand for banking stocks. We project mixed sentiment in market trajectory in the the remaining days of the week.
