Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (14/08/2024), as the NGX-ASI decreased to 97,248.82 from 97,390.01 recorded at the close of the previous trading day; indicating a YTD return of +30.06%.
Similarly, The market capitalization also decreased by N80 billion to N55.215 trillion from N55.296 trillion recorded at the close of the previous trading day. The market turnover decreased to N5.480 billion from N13.916 billion.
The market breadth was negative at 0.91X as 22 stocks advanced and 24 stocks declined, while 68 stocks remained unchanged. GUINEAINS topped the gainers’ list with 10.00%, while OANDO declined by 9.95% to lead the losers’ chart.
VERITASKAP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 14th August 2024
MARKET STATISTICS
| CAP | N55,215,756,824,521.90 | One Day (ASI CHG) | -0.14% |
| Index | 97,248.82 | One Week (ASI CHG) | +0.15% |
| Volume | 315,302,176 | One Month (ASI CHG) | -2.43% |
| Value | N5,480,029,481.09 | Six Months (ASI CHG) | -6.04% |
| Deals | 8,365 | 52 Weeks (ASI CHG) | +50.48% |
| Gainers | 22 | Losers | 24 |
| Unchanged | 68 | Total | 114 |
| YTD Returns | +30.06% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.14 |
| NGX30 | -0.06 |
| NGXBNK | -0.30 |
| NGXCNSMRGDS | -0.17 |
| NGXINDUSTR | -0.02 |
| NGXINS | -0.90 |
| NGXLOTUSISLM | 0.12 |
| NGXOILGAS | -0.17 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| GUINEAINS | 0.40 | 0.44 | 0.04 | 10.00 |
| SFSREIT | 101.40 | 111.50 | 10.10 | 9.96 |
| RTBRISCOE | 1.52 | 1.67 | 0.15 | 9.87 |
| HONYFLOUR | 3.75 | 4.12 | 0.37 | 9.87 |
| NSLTECH | 0.42 | 0.45 | 0.03 | 7.14 |
| LINKASSURE | 0.85 | 0.91 | 0.06 | 7.06 |
| DEAPCAP | 0.45 | 0.48 | 0.03 | 6.67 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| OANDO | 40.20 | 36.20 | -4.00 | -9.95 |
| CUTIX | 5.95 | 5.36 | -0.59 | -9.92 |
| ACADEMY | 2.99 | 2.73 | -0.26 | -8.70 |
| JAPAULGOLD | 2.28 | 2.10 | -0.18 | -7.89 |
| REDSTAREX | 4.30 | 4.00 | -0.30 | -6.98 |
| NEM | 8.05 | 7.55 | -0.50 | -6.21 |
| NEIMETH | 2.11 | 1.99 | -0.12 | -5.69 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| VERITASKAP | 1.30 | 220 | 38,419,261 |
| GTCO | 45.50 | 331 | 36,328,554 |
| UNIVINSURE | 0.31 | 49 | 23,194,759 |
| OANDO | 36.20 | 1,033 | 22,073,806 |
| FBNH | 21.60 | 241 | 20,283,082 |
| JAPAULGOLD | 2.10 | 142 | 12,955,346 |
| UBA | 21.95 | 327 | 10,532,204 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GTCO | 45.5 | 331 | 1,653,997,561.60 |
| OANDO | 36.2 | 1033 | 805,108,816.15 |
| FBNH | 21.6 | 241 | 454,887,349.05 |
| ZENITHBANK | 37 | 330 | 274,169,754.75 |
| STANBIC | 53.4 | 50 | 267,516,185.95 |
| UBA | 21.95 | 327 | 229,863,679.15 |
| NAHCO | 36 | 47 | 191,354,617.35 |
OUTLOOK
Bears sustain grip on equities market at the end of today’s trading. Investors’ sell off was pronounced across the sectors. We foresee mixed sentiments in the remaining days of the week.
