Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (07/08/2024), as the NGX-ASI increased to 97,098.98 from 96,928.52 recorded at the close of the previous trading day; indicating a YTD return of +29.86%.
Similarly, The market capitalization also increased by N96.78 billion to N55.130 trillion from N55.033 trillion recorded at the close of the previous trading day. The market turnover also increased to N12.769 billion from N6.735 billion.
The market breadth was positive at 1.24X as 26 stocks advanced and 21 stocks declined, while 68 stocks remained unchanged. REDSTAREX topped the gainers’ list with 10.00%, while NEIMETH declined by 7.69% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 7th August 2024
MARKET STATISTICS
| CAP | N55,130,164,754,894.95 | One Day (ASI CHG) | 0.20% |
| Index | 97,098.98 | One Week (ASI CHG) | -0.69% |
| Volume | 636,501,134 | One Month (ASI CHG) | -2.92% |
| Value | N12,769,638,605.43 | Six Months (ASI CHG) | -4.90% |
| Deals | 9,744. | 52 Weeks (ASI CHG) | +51.32% |
| Gainers | 26 | Losers | 21 |
| Unchanged | 68 | Total | 115 |
| YTD Returns | +29.86% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.20 |
| NGX30 | 0.11 |
| NGXBNK | 0.97 |
| NGXCNSMRGDS | -0.30 |
| NGXINDUSTR | 0.02 |
| NGXINS | -0.81 |
| NGXLOTUSISLM | -0.10 |
| NGXOILGAS | 0.11 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| REDSTAREX | 3.80 | 4.18 | 0.38 | 10.00 |
| OANDO | 30.55 | 33.60 | 3.05 | 9.98 |
| RTBRISCOE | 1.01 | 1.11 | 0.10 | 9.90 |
| UCAP | 14.65 | 16.10 | 1.45 | 9.90 |
| IMG | 15.70 | 17.25 | 1.55 | 9.87 |
| VERITASKAP | 0.94 | 1.03 | 0.09 | 9.57 |
| ACADEMY | 2.20 | 2.40 | 0.20 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| NEIMETH | 1.95 | 1.80 | -0.15 | -7.69 |
| HONYFLOUR | 4.10 | 3.85 | -0.25 | -6.10 |
| SOVRENINS | 0.54 | 0.51 | -0.03 | -5.56 |
| DEAPCAP | 0.50 | 0.48 | -0.02 | -4.00 |
| ETI | 21.50 | 20.70 | -0.80 | -3.72 |
| TRANSCORP | 10.80 | 10.40 | -0.40 | -3.70 |
| AFRIPRUD | 10.15 | 9.80 | -0.35 | -3.45 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ACCESSCORP | 18.75 | 665 | 112,619,829 |
| UCAP | 16.10 | 1,424 | 74,420,857 |
| GTCO | 45.00 | 456 | 74,339,521 |
| VERITASKAP | 1.03 | 229 | 55,404,168 |
| UBA | 20.90 | 457 | 40,565,225 |
| ZENITHBANK | 37.00 | 469 | 35,923,303 |
| CHAMS | 2.23 | 08 | 27,126,054 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GTCO | 45.00 | 456 | 3,336,593,125.75 |
| ACCESSCORP | 18.75 | 665 | 2,109,931,776.05 |
| ZENITHBANK | 37.00 | 469 | 1,314,393,366.45 |
| UCAP | 16.10 | 1,424 | 1,196,298,358.05 |
| UBA | 20.90 | 457 | 851,718,010.20 |
| SEPLAT | 3,730.00 | 31 | 661,782,475.30 |
| OANDO | 33.60 | 295 | 491,209,152.00 |
OUTLOOK
Nigerian Equities Market closed positive with marginal gains at the end of today’s trade. Investors’ sentiment remain promising even after today’s T-bills auction at the PMA. We expect mixed sentiment in the remaining days of the week.
