Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (17/07/2024), as the NGX-ASI decreased to 100,032.32 from 100,075.59 recorded at the close of the previous trading day; indicating a YTD return of +33.78%.
Similarly, The market capitalization also decreased by N24.00 billion to N56.646 trillion from N56.670 trillion recorded at the close of the previous trading day. The market turnover increased to N10.076 billion from N7.425 billion.
The market breadth was positive at 2.00X as 28 stocks advanced and 14 stocks declined, while 72 stocks remained unchanged. UCAP the gainers’ list with +10.00%, while RTBRISCOE declined by 5.71% to lead the losers’ chart.
JAIZBANK recorded the highest volume and ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Wednesday, 17th July 2024
MARKET STATISTICS
| CAP | N56,645,560,109,992.10 | One Day (ASI CHG) | -0.04% |
| Index | 100,032.32 | One Week (ASI CHG) | +0.23% |
| Volume | 1,099,300,929 | One Month (ASI CHG) | +0.11% |
| Value | N10,076,409,991.74 | Six Months (ASI CHG) | +38.19% |
| Deals | 8,720 | 52 Weeks (ASI CHG) | +56.47% |
| Gainers | 28 | Losers | 14 |
| Unchanged | 72 | Total | 114 |
| YTD Returns | +33.78% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.04 |
| NGX30 | 0.00 |
| NGXBNK | +1.09 |
| NGXCNSMRGDS | -0.01 |
| NGXINDUSTR | +0.01 |
| NGXINS | -0.36 |
| NGXLOTUSISLM | -0.41 |
| NGXOILGAS | +0.05 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| UCAP | 33.00 | 36.30 | 3.30 | 10.00 |
| AFRIPRUD | 8.10 | 8.90 | 0.80 | 9.88 |
| CUTIX | 5.58 | 6.13 | 0.55 | 9.86 |
| OANDO | 16.00 | 16.90 | 0.90 | 5.62 |
| JBERGER | 83.50 | 87.50 | 4.00 | 4.79 |
| SUNUASSUR | 1.39 | 1.45 | 0.06 | 4.32 |
| UNILEVER | 17.30 | 18.00 | 0.70 | 4.05 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| RTBRISCOE | 0.70 | 0.66 | -0.04 | -5.71 |
| FTNCOCOA | 1.80 | 1.72 | -0.08 | -4.44 |
| TANTALIZER | 0.47 | 0.45 | -0.02 | -4.26 |
| NEIMETH | 1.70 | 1.64 | -0.06 | -3.53 |
| CONHALLPLC | 1.45 | 1.40 | -0.05 | -3.45 |
| MTNN | 203.00 | 196.10 | -6.90 | -3.40 |
| HONYFLOUR | 3.45 | 3.34 | -0.11 | -3.19 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| JAIZBANK | 2.23 | 240 | 528,490,781 |
| CUTIX | 6.13 | 72 | 194,643,857 |
| ZENITHBANK | 40.00 | 650 | 77,751,947 |
| UNIVINSURE | 0.35 | 42 | 36,262,636 |
| FCMB | 7.70 | 148 | 33,884,106 |
| ACCESSCORP | 19.35 | 772 | 30,045,988 |
| UBA | 23.85 | 520 | 23,841,837 |
Top 7 Traded Stocks By Value
Security | Close Price | Number of Trades | Value |
| ZENITHBANK | 40.00 | 650 | 3,107,331,405.05 |
| CUTIX | 6.13 | 72 | 1,193,166,843.41 |
| JAIZBANK | 2.23 | 240 | 1,145,302,458.34 |
| UCAP | 36.30 | 662 | 825,319,003.45 |
| ACCESSCORP | 19.35 | 772 | 586,292,742.45 |
| UBA | 23.85 | 520 | 564,684,739.05 |
| MTNN | 196.10 | 510 | 467,398,865.10 |
OUTLOOK
Nigerian Equities Market pauses rally to close in red at the close of today’s trade. Loss in GTCO and MTN could have significantly contributed to this marginal drop in market performance. Market is however predicted to rebound on renewed bargain hunting sentiment by investors as companies begin to release their half year performance.
