Equities Market Reacts to Profit Taking In Oando.

Trading activities in the Nigerian Equities Market closed negative at the end of today, Tuesday (25/06/2024) as the NGX-ASI decreased to 99,217.60 from 99,651.67 recorded at the close of the previous trading day; indicating a YTD return of +32.69%.

The market capitalization also decreased by N250 billion to N56.126 trillion from N56.371 trillion recorded at the close of the previous trading day, while the market turnover decreased to N6.163 billion from N19.169 billion.

The market breadth was positive at 1.13X as 26 stocks advanced and 23 stocks declined, while 72 stocks remained unchanged.  OKOMUOIL the gainers’ list with +10.00%, while OANDO declined by 9.75% to lead the losers’ chart.

TRANSCORP recorded the highest volume while GTCO recorded the highest value for the day.

Read: NGX Price List for Tuesday, 25th June 2024

MARKET STATISTICS

CAPN56,126,371,854,851.24One Day (ASI CHG)-0.44%
Index99,217.60One Week (ASI CHG)-0.71%
Volume361,572,937One Month (ASI CHG)+1.64%
ValueN6,163,046,491.19Six Months (ASI CHG)+34.04%
Deals8,51152 Weeks (ASI CHG)+65.06%
Gainers26Losers 23
Unchanged72Total121
YTD Returns+32.69%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-0.44
NGX30+0.01
NGXBNK-0.41
NGXCNSMRGDS-0.47
NGXINDUSTR-0.17
NGXINS+0.81
NGXLOTUSISLM+0.79
NGXOILGAS0.00

Top 7 Gainers

Security

Previous Close

Close Price

 Price Change

% Change

OKOMUOIL265.00291.5026.5010.00
JOHNHOLT2.863.140.289.79
CONHALLPLC1.591.740.159.43
NSLTECH0.550.600.059.09
REGALINS0.420.450.037.14
RTBRISCOE0.620.660.046.45
UPDCREIT4.705.000.306.38

Top 7 Losers

Security

Previous Close

Close Price

 Price Change

% Change

OANDO13.8512.50-1.35-9.75
UPL2.752.50-0.25-9.09
ACADEMY2.001.84-0.16-8.00
HONYFLOUR3.403.13-0.27-7.94
UPDC1.401.29-0.11-7.86
VERITASKAP0.940.88-0.06-6.38
CHAMPION4.003.75-0.25-6.25

Top 7 Traded Stocks By Volume

Security

Close Price

 Number of Trades 

Volume

TRANSCORP12.4530647,509,228
GTCO43.6025837,853,152
VERITASKAP0.8817334,950,624
FBNH20.1065927,401,619
ACCESSCORP18.7556226,979,828
OANDO12.5034518,578,044
UBA21.7045614,026,654

Top 7 Traded Stocks By Value

Security

Close Price

Number of Trades

Value

GTCO43.602581,646,687,928.30
MTNN214.80427598,739,478.70
TRANSCORP12.45306581,921,285.15
FBNH20.10659548,256,622.60
ACCESSCORP18.75562504,364,888.65
GUINNESS70.00128381,312,059.75
UBA21.70456306,222,290.35

OUTLOOK

The Equities Market sustains bearish performance to close negative at the end of today’s trading. The dip in the trading activities could be attributed to continuous profit taking sentiment as shown by investors. We are anticipating mixed sentiment in the remaining days of the week.

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