Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (25/07/2024), as the NGX-ASI decreased to 100,156.96 from 100,365.17 recorded at the close of the previous trading day; indicating a YTD return of +33.95%.
Similarly, The market capitalization also decreased by N117.90 billion to N56.712 trillion from N56.830 trillion recorded at the close of the previous trading day. The market turnover increased to N9.674 billion from N8.605 billion.
The market breadth was negative at 0.48X as 12 stocks advanced and 25 stocks declined, while 81 stocks remained unchanged. CUSTODIAN topped the gainers’ list with 8.51%, while OMATEK declined by 10.00% to lead the losers’ chart.
FCMB recorded the highest volume and ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Thursday, 25th July 2024
MARKET STATISTICS
| CAP | N56,712,320,672,144.08 | One Day (ASI CHG) | -0.21% |
| Index | 100,156.96 | One Week (ASI CHG) | -0.34% |
| Volume | 1,339,599,940 | One Month (ASI CHG) | +0.95% |
| Value | N9,674,877,829.53 | Six Months (ASI CHG) | +35.30% |
| Deals | 8,198 | 52 Weeks (ASI CHG) | +53.95% |
| Gainers | 12 | Losers | 25 |
| Unchanged | 81 | Total | 118 |
| YTD Returns | +33.95% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.21 |
| NGX30 | -0.24 |
| NGXBNK | -0.59 |
| NGXCNSMRGDS | -0.35 |
| NGXINDUSTR | -0.01 |
| NGXINS | -0.72 |
| NGXLOTUSISLM | -0.87 |
| NGXOILGAS | 0.01 |
Top 7 Gainers
| Security | Close Previous(N) | Close Price(N) | Change Price(N) | %Change |
| CUSTODIAN | 9.40 | 10.20 | 0.80 | 8.51 |
| LIVESTOCK | 2.30 | 2.39 | 0.09 | 3.91 |
| WAPIC | 0.77 | 0.80 | 0.03 | 3.90 |
| OANDO | 17.95 | 18.50 | 0.55 | 3.06 |
| UCAP | 37.00 | 38.00 | 1.00 | 2.70 |
| UACN | 15.60 | 15.95 | 0.35 | 2.24 |
| CAVERTON | 1.47 | 1.50 | 0.03 | 2.04 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| OMATEK | 0.70 | 0.63 | -0.07 | -10.00 |
| CUTIX | 5.89 | 5.33 | -0.56 | -9.51 |
| FCMB | 8.00 | 7.30 | -0.70 | -8.75 |
| LINKASSURE | 0.93 | 0.86 | -0.07 | -7.53 |
| CONHALLPLC | 1.40 | 1.30 | -0.10 | -7.14 |
| UPDCREIT | 4.80 | 4.50 | -0.30 | -6.25 |
| NAHCO | 39.40 | 37.00 | -2.40 | -6.09 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FIDELITYBK | 10.60 | 293 | 53,418,337 |
| ZENITHBANK | 35.95 | 564 | 40,593,038 |
| GTCO | 44.75 | 460 | 27,049,193 |
| ACCESSCORP | 19.00 | 739 | 23,307,858 |
| FBNH | 20.90 | 253 | 21,995,332 |
| UBA | 20.95 | 581 | 19,574,116 |
| NB | 29.80 | 110 | 17,190,514 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ZENITHBANK | 35.95 | 564 | 1,464,160,737.35 |
| GTCO | 44.75 | 460 | 1,207,671,538.55 |
| UCAP | 38.00 | 539 | 562,747,014.55 |
| FIDELITYBK | 10.60 | 293 | 561,618,388.20 |
| NB | 29.80 | 110 | 512,207,947.35 |
| FBNH | 20.90 | 253 | 462,027,258.80 |
| ACCESSCORP | 19.00 | 739 | 443,600,935.60 |
OUTLOOK
The stock market closed in red, experiencing a further decline at the end of the day, with market trajectory looking weak. We anticipating a bearish performance by the end of the week.
