Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (22/07/2024), as the NGX-ASI increased to 100,568.60 from 100,539.40 recorded at the close of the previous trading day; indicating a YTD return of +34.50%.
Similarly, The market capitalization also increased by N16.54 billion to N56.945 trillion from N56.929 trillion recorded at the close of the previous trading day. The market turnover decreased to N3.717 billion from N9.165 billion.
The market breadth was positive at 1.57X as 22 stocks advanced and 14 stocks declined, while 80 stocks remained unchanged. TANTALIZER topped the gainers’ list with +8.89%, while CAVERTON declined by -9.68% to lead the losers’ chart.
ELLAHLAKES recorded the highest volume and UCAP recorded the highest value for the day.
Read: NGX Price List for Monday, 22nd July 2024
MARKET STATISTICS
| CAP | N56,945,407,450,545.37 | One Day (ASI CHG) | +0.03% |
| Index | 100,568.60 | One Week (ASI CHG) | +0.60% |
| Volume | 335,704,787 | One Month (ASI CHG) | +0.83% |
| Value | N3,717,218,092.45 | Six Months (ASI CHG) | +35.86% |
| Deals | 8,760 | 52 Weeks (ASI CHG) | +52.40% |
| Gainers | 22 | Losers | 14 |
| Unchanged | 80 | Total | 116 |
| YTD Returns | +34.50% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.03 |
| NGX30 | 0.14 |
| NGXBNK | 0.45 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.10 |
| NGXLOTUSISLM | 0.03 |
| NGXOILGAS | -0.01 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| TANTALIZER | 0.45 | 0.49 | 0.04 | 8.89 |
| LIVESTOCK | 2.20 | 2.38 | 0.18 | 8.18 |
| NEIMETH | 1.74 | 1.88 | 0.14 | 8.05 |
| JBERGER | 87.50 | 92.50 | 5.00 | 5.71 |
| DEAPCAP | 0.53 | 0.56 | 0.03 | 5.66 |
| FTNCOCOA | 1.61 | 1.70 | 0.09 | 5.59 |
| WAPIC | 0.76 | 0.79 | 0.03 | 3.95 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CAVERTON | 1.55 | 1.40 | -0.15 | -9.68 |
| ROYALEX | 0.72 | 0.67 | -0.05 | -6.94 |
| VERITASKAP | 1.06 | 1.01 | -0.05 | -4.72 |
| INTBREW | 3.85 | 3.68 | -0.17 | -4.42 |
| HONYFLOUR | 3.31 | 3.17 | -0.14 | -4.23 |
| UCAP | 40.55 | 38.90 | -1.65 | -4.07 |
| OANDO | 18.25 | 17.60 | -0.65 | -3.56 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ELLAHLAKES | 2.97 | 53 | 110,676,860 |
| UNIVINSURE | 0.35 | 46 | 21,891,070 |
| UCAP | 38.90 | 984 | 20,065,563 |
| VERITASKAP | 1.01 | 130 | 19,453,969 |
| FCMB | 7.70 | 220 | 14,731,723 |
| FIDELITYBK | 10.80 | 395 | 11,887,125 |
| PRESTIGE | 0.52 | 24 | 11,875,487 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| UCAP | 38.90 | 984 | 778,614,119.20 |
| ZENITHBANK | 37.50 | 389 | 377,829,747.50 |
| GTCO | 45.00 | 544 | 368,729,664.00 |
| ELLAHLAKES | 2.97 | 53 | 332,016,788.60 |
| MTNN | 200.00 | 398 | 232,751,144.10 |
| UBA | 23.05 | 367 | 227,932,001.65 |
| ACCESSCORP | 19.40 | 601 | 216,774,735.80 |
OUTLOOK
Nigerian Equities Market closed positive at the end of today’s trade with marginal gains. We expect the market to uphold improved bullish strength in the remaining days of the week.
