Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (04/07/2024), as the NGX-ASI decreased to 100,065.68 from 100,299.48 recorded at the close of the previous trading day; indicating a YTD return of +31.68%.
Similarly, The market capitalization also decreased by N133.47billion to N56,604 trillion from N56.737 trillion recorded at the close of the previous trading day, the market turnover increased to N12.561 billion from N4.752 billion.
The market breadth was negative at 0.92X as 23 stocks advanced and 25 stocks declined, while 71 stocks remained unchanged. OANDO the gainers’ list with +9.93%, while DAARCOMM declined by -8.33% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and the highest value for the day.
Read: NGX Price List for Thursday, 4th July 2024
MARKET STATISTICS
| CAP | N56,604,179,280,650.33 | One Day (ASI CHG) | -0.24% |
| Index | 100,065.68 | One Week (ASI CHG) | +0.67% |
| Volume | 863,583,360 | One Month (ASI CHG) | +1.02% |
| Value | N12,561,863,714.37 | Six Months (ASI CHG) | 41.04% |
| Deals | 7,931 | 52 Weeks (ASI CHG) | 58.73% |
| Gainers | 23 | Losers | 25 |
| Unchanged | 71 | Total | 119 |
| YTD Returns | +31.68% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.24 |
| NGX30 | -0.29 |
| NGXBNK | 2.12 |
| NGXCNSMRGDS | -0.01 |
| NGXINDUSTR | -0.06 |
| NGXINS | 015 |
| NGXLOTUSISLM | -0.57 |
| NGXOILGAS | 1.43 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| OANDO | 14.1 | 15.5 | 1.4 | 9.93 |
| CONOIL | 105 | 115 | 10 | 9.52 |
| VERITASKAP | 0.96 | 1.05 | 0.09 | 9.38 |
| NEIMETH | 1.51 | 1.64 | 0.13 | 8.61 |
| JAIZBANK | 2.12 | 2.28 | 0.16 | 7.55 |
| FTNCOCOA | 1.64 | 1.76 | 0.12 | 7.32 |
| GREENWETF | 800 | 849.99 | 49.99 | 6.25 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| DAARCOMM | 0.48 | 0.44 | -0.04 | -8.33 |
| UPDCREIT | 5.45 | 5 | -0.45 | -8.26 |
| GUINEAINS | 0.39 | 0.36 | -0.03 | -7.69 |
| UPL | 2.25 | 2.1 | -0.15 | -6.67 |
| MTNN | 214 | 200 | -14 | -6.54 |
| UPDC | 1.39 | 1.3 | -0.09 | -6.47 |
| MBENEFIT | 0.64 | 0.6 | -0.04 | -6.25 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FIDELITYBK | 10.15 | 467 | 539,397,868 |
| GTCO | 47.2 | 508 | 59,432,594 |
| VERITASKAP | 1.05 | 84 | 40,424,388 |
| UBA | 23.55 | 556 | 35,978,228 |
| ZENITHBANK | 37.45 | 585 | 24,015,965 |
| TRANSCORP | 12.65 | 267 | 15,688,204 |
| ACCESSCORP | 19.8 | 464 | 13,479,586 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| FIDELITYBK | 10.15 | 467 | 5,657,271,977.55 |
| GTCO | 47.2 | 508 | 2,796,590,023.70 |
| ZENITHBANK | 37.45 | 585 | 882,331,453.95 |
| UBA | 23.55 | 556 | 839,600,967.20 |
| UCAP | 27.85 | 271 | 323,864,030.70 |
| MTNN | 200 | 406 | 307,387,681.00 |
| ACCESSCORP | 19.8 | 464 | 265,399,787.65 |
OUTLOOK
The Stock Market experience a decline at the close of today’s trading. We expect more mixed sessions, as investors tilt more towards fundamentally sound stocks as investors expect H1 numbers to filter into the market.
