Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (26/07/2024), as the NGX-ASI decreased to 98,201.49 from 100,156.96 recorded at the close of the previous trading day; indicating a YTD return of +31.33%.
The market performance for the week decreased by 2.33% to 98,201.49 from 100,539.40 recorded at the beginning of the week.
Similarly, The market capitalization also decreased by N1.11 trillion to N55.605 trillion from N56.712 trillion recorded at the close of the previous trading day. The market turnover increased to N21.596 billion from N9.674 billion.
The market breadth was negative at 0.74X as 17 stocks advanced and 23 stocks declined, while 72 stocks remained unchanged. OANDO topped the gainers’ list with 10.00%, while ETERNA declined by 10.00% to lead the losers’ chart.
FCMB recorded the highest volume and TRANSPOWER recorded the highest value for the day.
Read: NGX Price List for Friday, 26th July 2024
MARKET STATISTICS
| CAP | N55,605,064,773,733.96 | One Day (ASI CHG) | -1.95% |
| Index | 98,201.49 | One Week (ASI CHG) | -2.33% |
| Volume | 1,103,330,581 | One Month (ASI CHG) | -1.02% |
| Value | N21,596,855,742.02 | Six Months (ASI CHG) | +32.66% |
| Deals | 9,098 | 52 Weeks (ASI CHG) | +52.63% |
| Gainers | 17 | Losers | 23 |
| Unchanged | 72 | Total | 112 |
| YTD Returns | +31.33% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.95 |
| NGX30 | -1.92 |
| NGXBNK | -0.33 |
| NGXCNSMRGDS | -0.14 |
| NGXINDUSTR | -5.90 |
| NGXINS | 0.32 |
| NGXLOTUSISLM | -1.00 |
| NGXOILGAS | -0.54 |
Top 7 Gainers
| Security | Close Previous(N) | Close Price(N) | Change Price(N) | %Change |
| OANDO | 18.50 | 20.35 | 1.85 | 10.00 |
| FCMB | 7.30 | 7.90 | 0.60 | 8.22 |
| WAPIC | 0.80 | 0.86 | 0.06 | 7.50 |
| CONHALLPLC | 1.30 | 1.38 | 0.08 | 6.15 |
| NAHCO | 37.00 | 39.20 | 2.20 | 5.95 |
| FTNCOCOA | 1.58 | 1.67 | 0.09 | 5.70 |
| JBERGER | 92.50 | 97.00 | 4.50 | 4.86 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| ETERNA | 18.00 | 16.20 | -1.80 | -10.00 |
| DANGCEM | 656.70 | 591.10 | -65.60 | -9.99 |
| DAARCOMM | 0.52 | 0.47 | -0.05 | -9.62 |
| DEAPCAP | 0.56 | 0.51 | -0.05 | -8.93 |
| NSLTECH | 0.46 | 0.42 | -0.04 | -8.70 |
| TANTALIZER | 0.48 | 0.45 | -0.03 | -6.25 |
| MANSARD | 4.96 | 4.66 | -0.30 | -6.05 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FCMB | 7.90 | 136 | 495,623,426 |
| ABBEYBDS | 2.61 | 22 | 234,006,991 |
| OANDO | 20.35 | 651 | 73,009,961 |
| TRANSPOWER | 373.90 | 468 | 30,820,925 |
| ACCESSCORP | 18.50 | 888 | 30,519,322 |
| GTCO | 44.00 | 539 | 28,421,641 |
| UBA | 21.05 | 469 | 26,040,036 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| TRANSPOWER | 373.9 | 468 | 10,374,323,501.40 |
| FCMB | 7.9 | 136 | 3,768,166,559.00 |
| OANDO | 20.35 | 651 | 1,479,188,202.95 |
| GTCO | 44 | 539 | 1,250,068,570.60 |
| ABBEYBDS | 2.61 | 22 | 610,761,310.69 |
| ZENITHBANK | 35.85 | 425 | 594,048,788.35 |
| ACCESSCORP | 18.5 | 888 | 575,813,930.70 |
OUTLOOK
The Equities Market closed bearish at the end of today’s trading. The dip in the trading activities could be attributed to continuous profit taking by investors . We are anticipating mixed sentiment in the week ahead as more Q2 reports are been released.
