NGX-ASI Dips by 0.20% Amid Sell Pressure

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

CAPN56,458,713,416,000.05One Day (ASI CHG)-0.20%
Index99,805.95One Week (ASI CHG)-0.26%
Volume422,688,586One Month (ASI CHG)+0.59%
ValueN53,956,418,762.61Six Months (ASI CHG)+39.26%
Deals8,25652 Weeks (ASI CHG)+55.83%
Gainers27Losers 24
Unchanged56Total107
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

CHAMPION3.013.310.309.97
CADBURY16.6018.251.659.94
ETERNA15.2016.701.509.87
INTENEGINS1.421.560.149.86
UPDCREIT4.154.550.409.64
DAARCOMM0.520.570.059.62
ABCTRANS0.640.700.069.37

Top 7 Losers

Security

Previous Close(N)

Close Price(N)

 Price Change(N)

%Change

AFRIPRUD9.008.10-0.90-10.00
UACN15.1014.00-1.10-7.28
RTBRISCOE0.700.65-0.05-7.14
IKEJAHOTEL7.407.00-0.40-5.41
AIICO1.161.10-0.06-5.17
VERITASKAP1.261.20-0.06-4.76
GTCO47.5045.50-2.00-4.21

Top 7 Traded Stocks By Volume

Security

Close Price(N)

Number of Trades

Volume

VERITASKAP1.2042136,300,002
FIDELITYBK10.2038333,693,904
AIICO1.1020425,803,425
GTCO45.5049123,599,465
OANDO17.3550119,000,205
ZENITHBANK37.5049417,539,386
FCMB7.6516912,484,492

Top 7 Traded Stocks By Value

Security

Close Price(N)

Number of Trades

Value

GTCO45.504911,084,268,448.45
ZENITHBANK37.50494657,293,774.85
GEREGU1,000.0047631,854,900.00
FIDELITYBK10.20383340,623,923.90
OANDO17.35501326,624,173.50
UBA23.05375238,057,243.45
ACCESSCORP19.35617212,357,332.75

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.

WhatsApp
Facebook
LinkedIn
X