Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (16/07/2024), as the NGX-ASI increased to 100,075.59 from 99,966.28 recorded at the close of the previous trading day; indicating a YTD return of +33.84%.
Similarly, The market capitalization also increased by N62.03 billion to N56.670 trillion from N56.608 trillion recorded at the close of the previous trading day, the market turnover increased to N7.425 billion from N7.368 billion.
The market breadth was positive at 1.36X as 19 stocks advanced and 14 stocks declined, while 83 stocks remained unchanged. UCAP the gainers’ list with +10.00%, while REDSTAREX declined by 9.82% to lead the losers’ chart.
ZENITHBANK recorded the highest volume and value for the day.
Read: NGX Price List for Tuesday, 16th July 2024
MARKET STATISTICS
| CAP | N56,670,065,264,734.48 | One Day (ASI CHG) | 0.11% |
| Index | 100,075.59 | One Week (ASI CHG) | 0.27% |
| Volume | 368,392,413 | One Month (ASI CHG) | 0.15% |
| Value | N7,424,729,101.16 | Six Months (ASI CHG) | 38.25% |
| Deals | 8,151 | 52 Weeks (ASI CHG) | 56.96% |
| Gainers | 19 | Losers | 14 |
| Unchanged | 83 | Total | 116 |
| YTD Returns | +33.84% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.11 |
| NGX30 | 0.09 |
| NGXBNK | 0.61 |
| NGXCNSMRGDS | -0.07 |
| NGXINDUSTR | 0.07 |
| NGXINS | 0.67 |
| NGXLOTUSISLM | 0.09 |
| NGXOILGAS | -0.26 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| UCAP | 30.00 | 33.00 | 3.00 | 10.00 |
| CUTIX | 5.08 | 5.58 | 0.50 | 9.84 |
| SUNUASSUR | 1.29 | 1.39 | 0.10 | 7.75 |
| CORNERST | 1.95 | 2.10 | 0.15 | 7.69 |
| UACN | 14.15 | 15.20 | 1.05 | 7.42 |
| HONYFLOUR | 3.30 | 3.45 | 0.15 | 4.55 |
| LINKASSURE | 0.96 | 1.00 | 0.04 | 4.17 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| REDSTAREX | 4.38 | 3.95 | -0.43 | -9.82 |
| DEAPCAP | 0.52 | 0.49 | -0.03 | -5.77 |
| ETERNA | 18.00 | 17.20 | -0.80 | -4.44 |
| UNIVINSURE | 0.36 | 0.35 | -0.01 | -2.78 |
| FTNCOCOA | 1.84 | 1.80 | -0.04 | -2.17 |
| JAPAULGOLD | 1.96 | 1.92 | -0.04 | -2.04 |
| STANBIC | 54.30 | 53.50 | -0.80 | -1.47 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ZENITHBANK | 40.00 | 656 | 57,420,560 |
| ACCESSCORP | 19.25 | 824 | 36,745,099 |
| GTCO | 45.60 | 439 | 29,160,806 |
| JAIZBANK | 2.15 | 219 | 28,342,285 |
| UBA | 23.00 | 384 | 20,307,580 |
| UCAP | 33.00 | 439 | 17,321,934 |
| AIICO | 1.09 | 111 | 15,875,653 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ZENITHBANK | 40.00 | 656 | 2,246,344,429.15 |
| GTCO | 45.60 | 439 | 1,329,494,120.20 |
| ACCESSCORP | 19.25 | 824 | 707,168,071.05 |
| UCAP | 33.00 | 439 | 548,277,098.35 |
| UBA | 23.00 | 384 | 466,156,619.40 |
| UACN | 15.20 | 73 | 176,420,451.20 |
| CAP | 36.00 | 42 | 157,620,948.25 |
OUTLOOK
Nigerian Equities Market maintained positive trend at the close of today’s trade. This could be attributed to the increase in demand for banking stocks observed in the market. It is projected that the market sentiment will continue in this direction in the remaining days of the week.
