Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (11/07/2024), as the NGX-ASI decreased to 99,468.90 from 99,802.08 recorded at the close of the previous trading day; indicating a YTD return of +19.57%.
Similarly, The market capitalization also decreased by N188.48 billion to N56,268 trillion from N56,456 trillion recorded at the close of the previous trading day, the market turnover decreased to N5.447 billion from N11.839 billion.
The market breadth was positive at 1.11X as 20 stocks advanced and 18 stocks declined, while 72 stocks remained unchanged. LINKASSURE the gainers’ list with +9.80%, while IKEJAHOTEL declined by 9.29% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and SEPLAT recorded the highest value for the day.
Read: NGX Price List for Thursday, 11th July 2024
MARKET STATISTICS
| CAP | N56,268,054,693,061.88 | One Day (ASI CHG) | -0.33% |
| Index | 99,468.90 | One Week (ASI CHG) | -0.60% |
| Volume | 296,731,688 | One Month (ASI CHG) | -0.16% |
| Value | N5,447,738,816.31 | Six Months (ASI CHG) | +38.79% |
| Deals | 7,126 | 52 Weeks (ASI CHG) | +58.97% |
| Gainers | 20 | Losers | 18 |
| Unchanged | 72 | Total | 110 |
| YTD Returns | +19.57% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.33 |
| NGX30 | -0.38 |
| NGXBNK | 0.13 |
| NGXCNSMRGDS | -0.16 |
| NGXINDUSTR | 0.05 |
| NGXINS | 0.09 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | -4.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| LINKASSURE | 1.02 | 1.12 | 0.10 | 9.80 |
| DAARCOMM | 0.52 | 0.57 | 0.05 | 9.62 |
| VITAFOAM | 19.70 | 21.20 | 1.50 | 7.61 |
| LIVESTOCK | 2.05 | 2.20 | 0.15 | 7.32 |
| JAIZBANK | 2.15 | 2.20 | 0.05 | 2.33 |
| DEAPCAP | 0.53 | 0.54 | 0.01 | 1.89 |
| AIICO | 1.10 | 1.12 | 0.02 | 1.82 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| IKEJAHOTEL | 7.00 | 6.35 | -0.65 | -9.29 |
| HONYFLOUR | 3.45 | 3.16 | -0.29 | -8.41 |
| SEPLAT | 3794.90 | 3480.00 | -314.90 | -8.30 |
| CHAMPION | 3.31 | 3.06 | -0.25 | -7.55 |
| SUNUASSUR | 1.30 | 1.24 | -0.06 | -4.62 |
| TRANSCORP | 12.40 | 11.95 | -0.45 | -3.63 |
| NEM | 8.50 | 8.20 | -0.30 | -3.53 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FIDELITYBK | 10.45 | 389 | 46,783,686 |
| LINKASSURE | 1.12 | 127 | 32,122,321 |
| ACCESSCORP | 19.05 | 719 | 23,234,746 |
| TRANSCORP | 11.95 | 255 | 22,138,885 |
| AIICO | 1.12 | 90 | 15,632,983 |
| VERITASKAP | 1.2 | 136 | 15,412,473 |
| WEMABANK | 6.7 | 164 | 14,891,861 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| SEPLAT | 3480 | 45 | 1,148,951,731.60 |
| AIRTELAFRI | 2100 | 24 | 569,138,164.10 |
| FIDELITYBK | 10.45 | 389 | 482,458,830.50 |
| TRANSPOWER | 373.9 | 139 | 464,318,575.00 |
| ACCESSCORP | 19.05 | 719 | 445,714,502.25 |
| ZENITHBANK | 37.1 | 329 | 438,728,564.50 |
| TRANSCORP | 11.95 | 255 | 266,063,994.75 |
OUTLOOK
The Equities Market closed negative at the end of today’s trading. The dip in the trading activities could be attributed to continuous profit taking by investors . We are anticipating mixed sentiment in the remaining day of the week.
