Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (30/07/2024), as the NGX-ASI decreased to 97,830.65 from 98,132.15 recorded at the close of the previous trading day; indicating a YTD return of +30.84%.
Similarly, The market capitalization also decreased by N171 billion to N55.546 trillion from N55.717 trillion recorded at the close of the previous trading day. The market turnover also decreased to N8.000 billion from N8.707 billion.
The market breadth was negative at 0.51X as 19 stocks advanced and 37 stocks declined, while 56 stocks remained unchanged. ABCTRANS topped the gainers’ list with 10.00%, while UCAP declined by 9.92% to lead the losers’ chart.
ZENITHBANK recorded the highest volume and highest value for the day.
Read: NGX Price List for Tuesday, 30th July 2024
MARKET STATISTICS
| CAP | N55,545,645,450,849.12 | One Day (ASI CHG) | -0.31% |
| Index | 97,830.65 | One Week (ASI CHG) | -2.64% |
| Volume | 399,385,857 | One Month (ASI CHG) | -2.23% |
| Value | N8,000,964,363.50 | Six Months (ASI CHG) | -5.12% |
| Deals | 10,447 | 52 Weeks (ASI CHG) | +52.40% |
| Gainers | 19 | Losers | 37 |
| Unchanged | 56 | Total | 112 |
| YTD Returns | +30.84% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.31 |
| NGX30 | -0.23 |
| NGXBNK | -1.73 |
| NGXCNSMRGDS | -2.08 |
| NGXINDUSTR | -0.00 |
| NGXINS | +0.82 |
| NGXLOTUSISLM | -0.26 |
| NGXOILGAS | +0.35 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| ABCTRANS | 0.70 | 0.77 | 0.07 | 10.00 |
| OANDO | 22.35 | 24.55 | 2.20 | 9.84 |
| IKEJAHOTEL | 6.70 | 7.35 | 0.65 | 9.70 |
| RTBRISCOE | 0.73 | 0.80 | 0.07 | 9.59 |
| PRESCO | 383.00 | 413.00 | 30.00 | 7.83 |
| ETERNA | 17.80 | 19.00 | 1.20 | 6.74 |
| CUSTODIAN | 11.20 | 11.90 | 0.70 | 6.25 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| UCAP | 37.80 | 34.05 | -3.75 | -9.92 |
| NESTLE | 920.00 | 830.00 | -90.00 | -9.78 |
| THOMASWY | 2.16 | 1.95 | -0.21 | -9.72 |
| ACADEMY | 1.98 | 1.79 | -0.19 | -9.60 |
| AFRIPRUD | 10.45 | 9.45 | -1.00 | -9.57 |
| NSLTECH | 0.46 | 0.42 | -0.04 | -8.70 |
| MAYBAKER | 6.45 | 5.91 | -0.54 | -8.37 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
| ZENITHBANK | 33.85 | 731 | 44,237,163 |
| PRESTIGE | 0.51 | 70 | 35,613,790 |
| UBA | 19.80 | 735 | 27,254,114 |
| VERITASKAP | 0.90 | 216 | 25,632,198 |
| UCAP | 34.05 | 908 | 22,937,149 |
| ACCESSCORP | 18.35 | 717 | 17,177,336 |
| FCMB | 7.85 | 165 | 15,707,349 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value(N) |
| ZENITHBANK | 33.85 | 731 | 1,510,035,553.75 |
| SEPLAT | 3730.00 | 72 | 1,030,010,416.70 |
| UCAP | 34.05 | 908 | 802,612,828.35 |
| GUINNESS | 60.50 | 54 | 589,353,384.25 |
| UBA | 19.80 | 735 | 554,379,901.70 |
| PRESCO | 413.00 | 220 | 421,001,364.30 |
| GTCO | 43.95 | 507 | 337,653,384.45 |
OUTLOOK
Equities Market closed negative at the end of the trading day. Market activity will continue its selective buying and profit taking sentiment by investors. However, a potential uptick is anticipated due to ongoing banks’ recapitalization efforts and second quarter (Q2) filings.
