Stock Market Reverses Gain By 0.07%

Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (21/08/2024), as the NGX-ASI decreased to 95,831.51 from 95,895.92 recorded at the close of the previous trading day; indicating a YTD return of +28.16%.

The market capitalization increased by N599 billion to N55.047 trillion from N54.448 trillion recorded at the close of the previous trading day. The market turnover decreased to N7.252 billion from N7.688 billion.

The market breadth was positive at 1.44X as 26 stocks advanced and 18 stocks declined, while 70 stocks remained unchanged. IKEJAHOTEL topped the gainers’ list with 10.00%, while UPL declined by 9.40% to lead the losers’ chart.

OANDO recorded the highest volume and the highest value for the day.

Read: NGX Price List for Wednesday, 21st August 2024

MARKET STATISTICS

CAPN55,047,493,150,492.41One Day (ASI CHG)-0.07%
Index95,831.51One Week (ASI CHG)-1.46%
Volume360,558,689One Month (ASI CHG)-4.68%
ValueN7,252,158,694.18Six Months (ASI CHG)-5.46%
Deals8,81352 Weeks (ASI CHG)+46.32%
Gainers26Losers 18
Unchanged70Total114
YTD Returns+28.16%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-0.07
NGX30+0.02
NGXBNK-0.30
NGXCNSMRGDS-0.02
NGXINDUSTR+0.06
NGXINS-0.18
NGXLOTUSISLM-0.23
NGXOILGAS-0.08

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Price Change(N)% Change
IKEJAHOTEL7.007.700.7010.00
RTBRISCOE2.052.250.209.76
CUTIX2.903.180.289.66
TANTALIZER0.520.570.059.62
THOMASWY1.581.690.116.96
DEAPCAP0.440.470.036.82
CWG5.605.900.305.36

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Price Change(N)% Change
UPL2.662.41-0.25-9.40
OANDO43.3039.55-3.75-8.66
NASCON35.1532.20-2.95-8.39
MAYBAKER7.407.00-0.40-5.41
CILEASING2.952.80-0.15-5.08
GUINEAINS0.400.38-0.02-5.00
ACADEMY2.622.50-0.12-4.58

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of Trades Volume
OANDO39.551,79566,233,049
GTCO45.5030945,748,671
CUTIX3.1841029,410,813
UNIVINSURE0.337025,413,439
FCMB7.6010921,230,699
DEAPCAP0.478018,369,221
ACCESSCORP19.0046316,509,005

Top 7 Traded Stocks By Value

SecurityClose Price (N)Number of TradesValue (N)
OANDO39.551,7952,692,173,980.75
GTCO45.503092,086,284,059.70
ACCESSCORP19.00463312,956,017.10
ZENITHBANK38.00362296,329,472.45
UBA22.00363179,715,487.30
FCMB7.60109161,295,756.95
UCAP17.00379142,908,280.30

OUTLOOK

The Nigerian equity market suffers loss at the end of today’s trading activity. It is however predicted that the market sentiment will be mixed in the remaining days of the week.

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