Trading activities in the Nigerian Equities market closed negative at the end of today, Monday (08/07/2024), as the NGX-ASI decreased to 100,007.11 from 100,022.03 recorded at the close of the previous trading day; indicating a YTD return of +20.21%.
Similarly, The market capitalization also decreased by N8.44 billion to N56.572 trillion from N56.581 trillion recorded at the close of the previous trading day, the market turnover increased to N6.785 billion from N6.022 billion.
The market breadth was negative at 0.92X as 22 stocks advanced and 24 stocks declined, while 69 stocks remained unchanged. VERITASKAP the gainers’ list with +9.57%, while PZ declined by -10.00% to lead the losers’ chart.
ELLAHLAKES recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Monday, 8th July 2024
MARKET STATISTICS
| CAP | N56,604,179,280,650.33 | One Day (ASI CHG) | -0.01% |
| Index | 100,065.68 | One Week (ASI CHG) | -0.01% |
| Volume | 863,583,360 | One Month (ASI CHG) | 0.79% |
| Value | N12,561,863,714.37 | Six Months (ASI CHG) | 39.79% |
| Deals | 7,931 | 52 Weeks (ASI CHG) | 39.79% |
| Gainers | 22 | Losers | 24 |
| Unchanged | 69 | Total | 115 |
| YTD Returns | +20.21% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.01 |
| NGX30 | -0.06 |
| NGXBNK | 0.27 |
| NGXCNSMRGDS | -0.25 |
| NGXINDUSTR | 0 |
| NGXINS | 0.18 |
| NGXLOTUSISLM | -0.08 |
| NGXOILGAS | 1.45 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| VERITASKAP | 1.15 | 1.26 | 0.11 | 9.57 |
| DAARCOMM | 0.48 | 0.52 | 0.04 | 8.33 |
| CONOIL | 126.50 | 136.95 | 10.45 | 8.26 |
| NEIMETH | 1.61 | 1.73 | 0.12 | 7.45 |
| IKEJAHOTEL | 6.90 | 7.40 | 0.50 | 7.25 |
| CAVERTON | 1.35 | 1.44 | 0.09 | 6.67 |
| AIICO | 1.10 | 1.16 | 0.06 | 5.45 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| PZ | 22.00 | 19.80 | -2.20 | -10.00 |
| CWG | 7.65 | 6.90 | -0.75 | -9.80 |
| CHAMS | 2.38 | 2.15 | -0.23 | -9.66 |
| INTENEGINS | 1.57 | 1.42 | -0.15 | -9.55 |
| CONHALLPLC | 1.51 | 1.37 | -0.14 | -9.27 |
| DEAPCAP | 0.54 | 0.49 | -0.05 | -9.26 |
| CHAMPION | 3.29 | 3.01 | -0.28 | -8.51 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| ELLAHLAKES | 3.00 | 34 | 271,486,716 |
| UNIVINSURE | 0.35 | 103 | 42,054,415 |
| GTCO | 47.50 | 636 | 40,842,945 |
| UBA | 23.70 | 500 | 35,983,662 |
| AIICO | 1.16 | 258 | 28,825,373 |
| CONHALLPLC | 1.37 | 110 | 23,291,354 |
| VERITASKAP | 1.26 | 130 | 21,772,589 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| GTCO | 47.50 | 636 | 1,937,526,060.55 |
| UBA | 23.70 | 500 | 846,917,057.70 |
| ELLAHLAKES | 3.00 | 34 | 814,388,900.99 |
| CONOIL | 136.95 | 153 | 647,081,629.75 |
| ZENITHBANK | 37.65 | 449 | 463,253,238.85 |
| ACCESSCORP | 19.60 | 618 | 296,649,709.55 |
| DANGSUGAR | 40.15 | 291 | 202,880,679.20 |
OUTLOOK
The Stock Market extends negative run from the previous week into the first trading day. We foresee the dynamics of alternate sentiments in the days ahead.
