Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (18/07/2024), as the NGX-ASI increased to 100,503.21 from 100,032.32 recorded at the close of the previous trading day; indicating a YTD return of +34.41%.
Similarly, The market capitalization also increased by N262.82 billion to N56.908 trillion from N56.646 trillion recorded at the close of the previous trading day. The market turnover decreased to N8.333 billion from N10.076 billion.
The market breadth was negative at 0.79X as 23 stocks advanced and 29 stocks declined, while 62 stocks remained unchanged. UCAP topped the gainers’ list with 9.92%, while LINKASSURE declined by 10.00% to lead the losers’ chart.
GTCO recorded the highest volume and AIRTELAFRI recorded the highest value for the day.
Read: NGX Price List for Thursday, 18th July 2024
MARKET STATISTICS
| CAP | N56,908,381,692,725.89 | One Day (ASI CHG) | 0.47% |
| Index | 100,503.21 | One Week (ASI CHG) | +1.04% |
| Volume | 392,795,396 | One Month (ASI CHG) | +0.58% |
| Value | N8,333,016,906.19 | Six Months (ASI CHG) | +38.81% |
| Deals | 9,013 | 52 Weeks (ASI CHG) | +54.61% |
| Gainers | 23 | Losers | 29 |
| Unchanged | 62 | Total | 114 |
| YTD Returns | +34.41% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.47 |
| NGX30 | 0.47 |
| NGXBNK | -2.28 |
| NGXCNSMRGDS | 0.07 |
| NGXINDUSTR | 0.01 |
| NGXINS | -2.35 |
| NGXLOTUSISLM | 0.35 |
| NGXOILGAS | 0.19 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| UCAP | 36.30 | 39.90 | 3.60 | 9.92 |
| OANDO | 16.90 | 18.55 | 1.65 | 9.76 |
| AFRIPRUD | 8.90 | 9.75 | 0.85 | 9.55 |
| LEARNAFRCA | 3.52 | 3.85 | 0.33 | 9.38 |
| ABCTRANS | 0.77 | 0.84 | 0.07 | 9.09 |
| RTBRISCOE | 0.66 | 0.72 | 0.06 | 9.09 |
| TANTALIZER | 0.45 | 0.49 | 0.04 | 8.89 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| LINKASSURE | 1.00 | 0.90 | -0.10 | -10.00 |
| VERITASKAP | 1.20 | 1.08 | -0.12 | -10.00 |
| VITAFOAM | 21.20 | 19.15 | -2.05 | -9.67 |
| ZENITHBANK | 40.00 | 37.20 | -2.80 | -7.00 |
| LIVESTOCK | 2.34 | 2.18 | -0.16 | -6.84 |
| CORNERST | 2.10 | 1.98 | -0.12 | -5.71 |
| IKEJAHOTEL | 6.95 | 6.60 | -0.35 | -5.04 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| GTCO | 45.30 | 663 | 39,747,907 |
| VERITASKAP | 1.08 | 193 | 36,059,293 |
| FCMB | 7.70 | 183 | 31,602,552 |
| UBA | 23.30 | 547 | 29,383,849 |
| CUTIX | 6.55 | 453 | 28,642,252 |
| OANDO | 18.55 | 286 | 20,838,718 |
| ACCESSCORP | 19.40 | 768 | 18,559,908 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| AIRTELAFRI | 2,200.00 | 34.00 | 2,245,065,172.20 |
| GTCO | 45.30 | 663.00 | 1,803,102,369.80 |
| UBA | 23.30 | 547.00 | 689,789,860.25 |
| ZENITHBANK | 37.20 | 493.00 | 683,660,073.20 |
| OANDO | 18.55 | 286.00 | 386,404,563.65 |
| ACCESSCORP | 19.40 | 768.00 | 360,274,856.30 |
| FCMB | 7.70 | 183.00 | 242,254,403.70 |
OUTLOOK
Nigerian Equities Market rebounds to close in green at the close of today’s trade. We expect the market to uphold the bullish strength in the remaining day of the week.
