Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (03/09/2024), as the NGX-ASI increased to 96,873.74 from 96,793.95 recorded at the close of the previous trading day; indicating a YTD return of +29.56%.
Similarly, the market capitalization increased by N46 billion to N55.647 trillion from N55.601 trillion recorded at the close of the previous trading day. However, the market turnover decreased to N10.411 billion from N11.037 billion.
The market breadth was negative at 1.04X as 29 stocks advanced and 28 stocks declined, while 60 stocks remained unchanged. IMG topped the gainers’ list with 10.00%, while RTBRISCOE declined by 10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while OANDO recorded the highest value for the day.
Read: NGX Price List for Tuesday, 3rd September 2024
MARKET STATISTICS
| CAP | N55,646,857,891,284.15 | One Day (ASI CHG) | +0.08% |
| Index | 96,873.74 | One Week (ASI CHG) | +0.38% |
| Volume | 473,003,572 | One Month (ASI CHG) | -0.89% |
| Value | N10,411,315,965.29 | Six Months (ASI CHG) | -2.34% |
| Deals | 12,532 | 52 Weeks (ASI CHG) | +41.76% |
| Gainers | 29 | Losers | 28 |
| Unchanged | 60 | Total | 117 |
| YTD Returns | +29.56% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.08 |
| NGX30 | -0.09 |
| NGXBNK | -0.06 |
| NGXCNSMRGDS | -0.30 |
| NGXINDUSTR | -0.02 |
| NGXINS | -0.35 |
| NGXLOTUSISLM | -0.46 |
| NGXOILGAS | +0.59 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| IMG | 29.00 | 31.90 | 2.90 | 10.00 |
| CILEASING | 3.70 | 4.07 | 0.37 | 10.00 |
| GUINEAINS | 0.50 | 0.55 | 0.05 | 10.00 |
| ETERNA | 29.30 | 32.20 | 2.90 | 9.90 |
| ETRANZACT | 5.60 | 6.15 | 0.55 | 9.82 |
| DEAPCAP | 0.96 | 1.05 | 0.09 | 9.38 |
| LEARNAFRCA | 4.24 | 4.60 | 0.36 | 8.49 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| RTBRISCOE | 3.20 | 2.88 | -0.32 | -10.00 |
| ABBEYBDS | 2.81 | 2.53 | -0.28 | -9.96 |
| NSLTECH | 0.72 | 0.65 | -0.07 | -9.72 |
| TANTALIZER | 0.65 | 0.59 | -0.06 | -9.23 |
| DAARCOMM | 0.66 | 0.60 | -0.06 | -9.09 |
| AIICO | 1.20 | 1.13 | -0.07 | -5.83 |
| SUNUASSUR | 1.28 | 1.22 | -0.06 | -4.69 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| ACCESSCORP | 19.50 | 444 | 106,281,197 |
| OANDO | 91.00 | 2,822 | 46,921,688 |
| PRESTIGE | 0.53 | 103 | 31,743,095 |
| UBA | 24.30 | 553 | 20,180,736 |
| TRANSCORP | 10.85 | 397 | 17,746,402 |
| GTCO | 46.00 | 273 | 17,218,715 |
| RTBRISCOE | 2.88 | 203 | 13,940,250 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| OANDO | 91.00 | 2,822 | 4,317,234,856.85 |
| ACCESSCORP | 19.50 | 444 | 2,041,366,021.75 |
| GTCO | 46.00 | 273 | 790,305,635.45 |
| UBA | 24.30 | 553 | 486,799,715.85 |
| ZENITHBANK | 38.30 | 487 | 303,560,388.30 |
| SEPLAT | 3,730.10 | 51 | 279,855,249.10 |
| TRANSCORP | 10.85 | 397 | 194,334,378.35 |
OUTLOOK
Nigerian Equities Market closed positive with marginal gains at the end of today’s trade. We foresee a selective pursuit of bargains, particularly in dividend-paying stocks, driven by the nearing corporate qualification and payment.
