Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (09/07/2024), as the NGX-ASI decreased to 99,805.95 from 100,007.11 recorded at the close of the previous trading day; indicating a YTD return of +19.97%.
Similarly, The market capitalization also decreased by N113 billion to N56,459 trillion from N56,572 trillion recorded at the close of the previous trading day, the market turnover increased to N53.956 billion from N12.562 billion.
The market breadth was positive at 1.13X as 27 stocks advanced and 24 stocks declined, while 56 stocks remained unchanged. CHAMPION the gainers’ list with +9.97%, while AFRIPRUD declined by -10.00% to lead the losers’ chart.
VERITASKAP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Tuesday, 9th July 2024
MARKET STATISTICS
CAP | N56,458,713,416,000.05 | One Day (ASI CHG) | -0.20% |
Index | 99,805.95 | One Week (ASI CHG) | -0.26% |
Volume | 422,688,586 | One Month (ASI CHG) | +0.59% |
Value | N53,956,418,762.61 | Six Months (ASI CHG) | +39.26% |
Deals | 8,256 | 52 Weeks (ASI CHG) | +55.83% |
Gainers | 27 | Losers | 24 |
Unchanged | 56 | Total | 107 |
YTD Returns | +19.97% |
Source: Ngxgroup.com, GTI Research
Sector Performance
Security | % Change |
ASI | -0.20 |
NGX30 | -0.22 |
NGXBNK | -1.90 |
NGXCNSMRGDS | +0.28 |
NGXINDUSTR | +0.04 |
NGXINS | -0.12 |
NGXLOTUSISLM | +0.12 |
NGXOILGAS | +0.39 |
Top 7 Gainers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
CHAMPION | 3.01 | 3.31 | 0.30 | 9.97 |
CADBURY | 16.60 | 18.25 | 1.65 | 9.94 |
ETERNA | 15.20 | 16.70 | 1.50 | 9.87 |
INTENEGINS | 1.42 | 1.56 | 0.14 | 9.86 |
UPDCREIT | 4.15 | 4.55 | 0.40 | 9.64 |
DAARCOMM | 0.52 | 0.57 | 0.05 | 9.62 |
ABCTRANS | 0.64 | 0.70 | 0.06 | 9.37 |
Top 7 Losers
Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
AFRIPRUD | 9.00 | 8.10 | -0.90 | -10.00 |
UACN | 15.10 | 14.00 | -1.10 | -7.28 |
RTBRISCOE | 0.70 | 0.65 | -0.05 | -7.14 |
IKEJAHOTEL | 7.40 | 7.00 | -0.40 | -5.41 |
AIICO | 1.16 | 1.10 | -0.06 | -5.17 |
VERITASKAP | 1.26 | 1.20 | -0.06 | -4.76 |
GTCO | 47.50 | 45.50 | -2.00 | -4.21 |
Top 7 Traded Stocks By Volume
Security | Close Price(N) | Number of Trades | Volume |
VERITASKAP | 1.20 | 421 | 36,300,002 |
FIDELITYBK | 10.20 | 383 | 33,693,904 |
AIICO | 1.10 | 204 | 25,803,425 |
GTCO | 45.50 | 491 | 23,599,465 |
OANDO | 17.35 | 501 | 19,000,205 |
ZENITHBANK | 37.50 | 494 | 17,539,386 |
FCMB | 7.65 | 169 | 12,484,492 |
Top 7 Traded Stocks By Value
Security | Close Price(N) | Number of Trades | Value |
GTCO | 45.50 | 491 | 1,084,268,448.45 |
ZENITHBANK | 37.50 | 494 | 657,293,774.85 |
GEREGU | 1,000.00 | 47 | 631,854,900.00 |
FIDELITYBK | 10.20 | 383 | 340,623,923.90 |
OANDO | 17.35 | 501 | 326,624,173.50 |
UBA | 23.05 | 375 | 238,057,243.45 |
ACCESSCORP | 19.35 | 617 | 212,357,332.75 |
OUTLOOK
The Nigeria Equities Market continues in Southward direction hinged by drop in price in all the tier-1 rated banks stocks. We foresee a rebound in sentiment before market closes for the week.