Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (10/07/2024), as the NGX-ASI decreased to 99,802.08 from 99,805.95 recorded at the close of the previous trading day; indicating a YTD return of +19.97%.
Similarly, The market capitalization also decreased by N2.18 billion to N56,456 trillion from N56,459 trillion recorded at the close of the previous trading day, the market turnover decreased to N11.839 billion from N53.956 billion.
The market breadth was positive at 1.14X as 25 stocks advanced and 22 stocks declined, while 66 stocks remained unchanged. ABCTRANS the gainers’ list with +10.00%, while THOMASWY declined by -10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and highest value for the day.
Read: NGX Price List for Wednesday, 10th July 2024
MARKET STATISTICS
| CAP | N56,456,529,174,441.92 | One Day (ASI CHG) | 0.00% |
| Index | 99,802.08 | One Week (ASI CHG) | -0.50% |
| Volume | 935,148,864 | One Month (ASI CHG) | +0.59% |
| Value | N11,839,828,382.50 | Six Months (ASI CHG) | +39.25% |
| Deals | 8,160 | 52 Weeks (ASI CHG) | +59.05% |
| Gainers | 25 | Losers | 22 |
| Unchanged | 66 | Total | 113 |
| YTD Returns | +19.97% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.00 |
| NGX30 | 0.03 |
| NGXBNK | -0.39 |
| NGXCNSMRGDS | 0.34 |
| NGXINDUSTR | 0.02 |
| NGXINS | -0.18 |
| NGXLOTUSISLM | 0.32 |
| NGXOILGAS | 0.37 |
Top 7 Gainers
| Security | Previous Close | Close Price(N) | Price Change(N) | % Change |
| ABCTRANS | 0.70 | 0.77 | 0.07 | 10.00 |
| ETERNA | 16.70 | 18.35 | 1.65 | 9.88 |
| LIVESTOCK | 1.87 | 2.05 | 0.18 | 9.63 |
| VITAFOAM | 18.00 | 19.70 | 1.70 | 9.44 |
| REDSTAREX | 4.12 | 4.49 | 0.37 | 8.98 |
| RTBRISCOE | 0.65 | 0.70 | 0.05 | 7.69 |
| UACN | 14.00 | 14.50 | 0.50 | 3.57 |
Top 7 Losers
| Security | Previous Close | Close Price(N) | Price Change(N) | % Change |
| THOMASWY | 2.40 | 2.16 | -0.24 | -10.00 |
| DAARCOMM | 0.57 | 0.52 | -0.05 | -8.77 |
| CWG | 7.30 | 6.90 | -0.40 | -5.48 |
| ROYALEX | 0.73 | 0.70 | -0.03 | -4.11 |
| WEMABANK | 7.00 | 6.75 | -0.25 | -3.57 |
| JAIZBANK | 2.21 | 2.15 | -0.06 | -2.71 |
| UNIVINSURE | 0.37 | 0.36 | -0.01 | -2.70 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FIDELITYBK | 10.50 | 594 | 698,205,823 |
| ZENITHBANK | 37.05 | 484 | 36,347,218 |
| UBA | 22.75 | 485 | 26,356,505 |
| GTCO | 45.10 | 338 | 14,492,045 |
| VERITASKAP | 1.18 | 164 | 13,966,847 |
| ACCESSCORP | 19.25 | 737 | 13,588,165 |
| AIICO | 1.10 | 124 | 10,907,313 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| FIDELITYBK | 10.50 | 594 | 7,271,368,364.45 |
| ZENITHBANK | 37.05 | 484 | 1,342,006,813.10 |
| GTCO | 45.10 | 338 | 653,504,699.90 |
| UBA | 22.75 | 485 | 604,060,278.80 |
| ACCESSCORP | 19.25 | 737 | 262,917,431.85 |
| FBNH | 22.50 | 261 | 236,188,112.60 |
| SEPLAT | 3,794.90 | 50 | 233,833,940.40 |
OUTLOOK
The Nigeria Equities Market closes flat in today’s trading, The trading performance at mid-week is reinforcing a bearish market performance for the week. We advice cautious trading in the remaining days of the week.
