Trading activities in the Nigerian Equities Market closed positive at the end of today, Wednesday (03/07/2024) with 0.23% as the NGX-ASI increased to 100,299.48 from 100,067.77 recorded at the close of the previous trading day; indicating a YTD return of +31.99%.
Similarly,The market capitalization also increased by N131.08 billion to N56.737trillion from N56.607 trillion recorded at the close of the previous trading day, the market turnover also increased to N4.752 billion from N3.996 billion.
The market breadth was negative at 1.47X as 28 stocks advanced and 19 stocks declined, while 76 stocks remained unchanged. CORNERST the gainers’ list with +9.57%, while UPL declined by -10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and the highest value for the day.
Read: NGX Price List for Wednesday, 3rd July 2024
MARKET STATISTICS
| CAP | N56,737,639,727,551.85 | One Day (ASI CHG) | +0.23% |
| Index | 100,299.48 | One Week (ASI CHG) | +0.92% |
| Volume | 342,195,678 | One Month (ASI CHG) | +1.19% |
| Value | N4,752,884,517.76 | Six Months (ASI CHG) | 41.37% |
| Deals | 7,592 | 52 Weeks (ASI CHG) | 61.72% |
| Gainers | 28 | Losers | 19 |
| Unchanged | 76 | Total | 123 |
| YTD Returns | +31.99% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.23 |
| NGX30 | 0.24 |
| NGXBNK | 1.71 |
| NGXCNSMRGDS | 0.03 |
| NGXINDUSTR | 0.17 |
| NGXINS | 2.67 |
| NGXLOTUSISLM | -0.03 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CORNERST | 2.09 | 2.29 | 0.20 | 9.57 |
| RTBRISCOE | 0.64 | 0.70 | 0.06 | 9.37 |
| IMG | 11.90 | 13.00 | 1.10 | 9.24 |
| UPDCREIT | 5.00 | 5.45 | 0.45 | 9.00 |
| CAVERTON | 1.30 | 1.39 | 0.09 | 6.92 |
| DEAPCAP | 0.54 | 0.57 | 0.03 | 5.56 |
| GUINEAINS | 0.37 | 0.39 | 0.02 | 5.41 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| UPL | 2.50 | 2.25 | -0.25 | -10.00 |
| DAARCOMM | 0.51 | 0.48 | -0.03 | -5.88 |
| OMATEK | 0.69 | 0.65 | -0.04 | -5.80 |
| NEIMETH | 1.60 | 1.51 | -0.09 | -5.63 |
| UNITYBNK | 1.64 | 1.55 | -0.09 | -5.49 |
| SOVRENINS | 0.47 | 0.45 | -0.02 | -4.26 |
| CHAMS | 2.20 | 2.11 | -0.09 | -4.09 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| FIDELITYBK | 10.15 | 585 | 137,641,132 |
| UNIVINSURE | 0.40 | 79 | 21,228,605 |
| AIICO | 1.05 | 118 | 14,923,262 |
| ACCESSCORP | 19.50 | 532 | 14,881,268 |
| CORNERST | 2.29 | 79 | 9,405,439 |
| GTCO | 47.20 | 393 | 9,326,744 |
| TRANSCORP | 12.50 | 258 | 9,262,871 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value |
| FIDELITYBK | 10.15 | 585 | 1,418,162,326.80 |
| MTNN | 214.00 | 295 | 503,519,505.20 |
| GTCO | 47.20 | 393 | 435,766,124.95 |
| GUINNESS | 70.00 | 95 | 365,915,106.70 |
| ACCESSCORP | 19.50 | 532 | 290,941,725.65 |
| AIRTELAFRI | 2097.00 | 18 | 271,243,266.20 |
| ZENITHBANK | 35.85 | 446 | 244,416,986.40 |
OUTLOOK
The Equities Market rebounds from the previous trading day’s loss on investors renewed sentiment in buying into high performing stocks. The market is projected to attain equilibrium as quoted companies begin to declare their half year performance.
