Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (31/07/2024), as the NGX-ASI decreased to 97,774.22 from 97,830.65 recorded at the close of the previous trading day; indicating a YTD return of +30.76%.
Similarly, The market capitalization also decreased by N32.04 billion to N55.513 trillion from N55.546 trillion recorded at the close of the previous trading day. The market turnover also increased to N23.113 billion from N8.000 billion.
The market breadth was negative at 0.96X as 27 stocks advanced and 28 stocks declined, while 56 stocks remained unchanged. IMG topped the gainers’ list with 10.00%, while CUTIXdeclined by 10.00% to lead the losers’ chart.
CUTIXrecorded the highest volume while FIDELITYBK highest value for the day.
Read: NGX Price List for Wednesday, 31th July 2024
MARKET STATISTICS
| CAP | N55,513,605,592,158.87 | One Day (ASI CHG) | -0.06% |
| Index | 97,774.22 | One Week (ASI CHG) | -2.58% |
| Volume | 1,838,183,450 | One Month (ASI CHG) | -2.28% |
| Value | N8,000,964,363.50 | Six Months (ASI CHG) | -3.34% |
| Deals | 10,847 | 52 Weeks (ASI CHG) | 52.14% |
| Gainers | 27 | Losers | 28 |
| Unchanged | 56 | Total | 111 |
| YTD Returns | +30.76% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.06 |
| NGX30 | -0.17 |
| NGXBNK | -0.57 |
| NGXCNSMRGDS | -0.76 |
| NGXINDUSTR | -0.02 |
| NGXINS | 1.46 |
| NGXLOTUSISLM | -1.12 |
| NGXOILGAS | 0.04 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| IMG | 13.00 | 14.30 | 1.30 | 10.00 |
| VERITASKAP | 0.90 | 0.99 | 0.09 | 10.00 |
| UPL | 2.20 | 2.42 | 0.22 | 10.00 |
| CORNERST | 1.87 | 2.05 | 0.18 | 9.63 |
| ACADEMY | 1.79 | 1.96 | 0.17 | 9.50 |
| NEIMETH | 1.81 | 1.95 | 0.14 | 7.73 |
| FTNCOCOA | 1.54 | 1.65 | 0.11 | 7.14 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CUTIX | 5.70 | 5.13 | -0.57 | -10.00 |
| BERGER | 15.00 | 13.50 | -1.50 | -10.00 |
| NAHCO | 39.00 | 35.10 | -3.90 | -10.00 |
| NB | 28.00 | 25.25 | -2.75 | -9.82 |
| SCOA | 2.15 | 1.94 | -0.21 | -9.77 |
| CONHALLPLC | 1.44 | 1.30 | -0.14 | -9.72 |
| OMATEK | 0.62 | 0.56 | -0.06 | -9.68 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| CUTIX | 5.13 | 248 | 11,892,265 |
| BERGER | 13.50 | 23 | 1,056,111 |
| NAHCO | 35.10 | 99 | 1,309,093 |
| NB | 25.25 | 80 | 914,292 |
| SCOA | 1.94 | 5 | 265,610 |
| CONHALLPLC | 1.30 | 90 | 25,184,836 |
| OMATEK | 0.56 | 18 | 1,036,356 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| FIDELITYBK | 10.60 | 332 | 14,042,177,128.15 |
| ZENITHBANK | 33.10 | 685 | 2,839,101,145.85 |
| OANDO | 25.00 | 1,238 | 1,111,883,423.95 |
| UCAP | 31.00 | 929 | 810,999,031.80 |
| UBA | 20.30 | 783 | 701,679,955.20 |
| GUINNESS | 61.90 | 34 | 588,495,983.95 |
| GTCO | 44.00s | 357 | 426,064,242.85 |
OUTLOOK
The Nigerian equity market continues its southward trail at the end of today’s buy and sell. We anticipate the mildness to continue in the remaining days of week.
