Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (19/07/2024), as the NGX-ASI increased to 100,539.40 from 100,503.21 recorded at the close of the previous trading day; indicating a YTD return of +34.46%.
The market performance for the week increased by 0.87% to 100,539.40 from 99,671.28 recorded at the beginning of the week.
Similarly, The market capitalization also increased by N20.49 billion to N56.928 trillion from N56.908 trillion recorded at the close of the previous trading day. The market turnover increased to N9.164 billion from N8.333 billion.
The market breadth was negative at 0.57X as 16 stocks advanced and 28 stocks declined, while 71 stocks remained unchanged. SOVRENINS topped the gainers’ list with 4.26%, while CUTIX declined by 8.55% to lead the losers’ chart.
FCMB recorded the highest volume and UCAP recorded the highest value for the day.
Read: NGX Price List for Friday, 19th July 2024
MARKET STATISTICS
| CAP | N56,928,870,961,861.78 | One Day (ASI CHG) | 0.04% |
| Index | 100,539.40 | One Week (ASI CHG) | +0.87% |
| Volume | 603,884,355 | One Month (ASI CHG) | +0.61% |
| Value | N9,164,655,213.31 | Six Months (ASI CHG) | +38.73% |
| Deals | 9,988 | 52 Weeks (ASI CHG) | +54.04% |
| Gainers | 16 | Losers | 28 |
| Unchanged | 71 | Total | 115 |
| YTD Returns | +34.46% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.04 |
| NGX30 | 0.07 |
| NGXBNK | -0.75 |
| NGXCNSMRGDS | -0.15 |
| NGXINDUSTR | 0.01 |
| NGXINS | -1.94 |
| NGXLOTUSISLM | 0.30 |
| NGXOILGAS | -0.04 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| SOVRENINS | 0.47 | 0.49 | 0.02 | 4.26 |
| CUSTODIAN | 9.6 | 10 | 0.4 | 4.17 |
| NAHCO | 38.1 | 39.4 | 1.3 | 3.41 |
| FCMB | 7.7 | 7.95 | 0.25 | 3.25 |
| MTNN | 196.1 | 200 | 3.9 | 1.99 |
| UCAP | 39.9 | 40.55 | 0.65 | 1.63 |
| UPL | 2.47 | 2.51 | 0.04 | 1.62 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CUTIX | 6.55 | 5.99 | -0.56 | -8.55 |
| ABCTRANS | 0.84 | 0.77 | -0.07 | -8.33 |
| TANTALIZER | 0.49 | 0.45 | -0.04 | -8.16 |
| REDSTAREX | 4.17 | 3.95 | -0.22 | -5.28 |
| WAPIC | 0.8 | 0.76 | -0.04 | -5.00 |
| LINKASSURE | 0.9 | 0.86 | -0.04 | -4.44 |
| FTNCOCOA | 1.68 | 1.61 | -0.07 | -4.17 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FCMB | 7.95 | 218 | 114,120,903 |
| JAIZBANK | 2.17 | 151 | 103,346,216 |
| UCAP | 40.55 | 1480 | 56,759,052 |
| GTCO | 44.95 | 521 | 37,547,677 |
| UNIVINSURE | 0.35 | 52 | 33,350,357 |
| ZENITHBANK | 37.00 | 569 | 29,886,209 |
| PRESTIGE | 0.51 | 43 | 26,068,912 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| UCAP | 40.55 | 1480 | 2,292,169,981.45 |
| GTCO | 44.95 | 521 | 1,696,817,683.15 |
| ZENITHBANK | 37.00 | 569 | 1,098,465,823.90 |
| FCMB | 7.95 | 218 | 896,117,094.25 |
| UBA | 22.85 | 430 | 450,281,906.15 |
| OANDO | 18.25 | 712 | 415,828,798.10 |
| ACCESSCORP | 19.40 | 635 | 330,240,459.35 |
OUTLOOK
Trading session on the Nigerian Exchange closed in green for the week. This uptick is fueled by the market’s rally . However, we are looking at a more engaging market activities in the week ahead.
