Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (04/09/2024), as the NGX-ASI decreased to 96,537.48 from 96,873.74 recorded at the close of the previous trading day; indicating a YTD return of +29.11%.
Similarly, the market capitalization decreased by N193 billion to N55.453 trillion from N55.647 trillion recorded at the close of the previous trading day. However, the market turnover decreased to N8.178 billion from N10.411 billion.
The market breadth was negative at 0.68X as 21 stocks advanced and 31 stocks declined, while 63 stocks remained unchanged. DAARCOMM topped the gainers’ list with 10.00%, while OANDOdeclined by 10.00% to lead the losers’ chart.
OANDO recorded the highest volume and highest value for the day.
Read: NGX Price List for Wednesday, 4th September 2024
MARKET STATISTICS
| CAP | N55,453,701,422,268.44 | One Day (ASI CHG) | -0.35% |
| Index | 96,537.48 | One Week (ASI CHG) | +0.35% |
| Volume | 389,232,448 | One Month (ASI CHG) | -1.24% |
| Value | N8,179,838,430.04 | Six Months (ASI CHG) | -3.07 |
| Deals | 12,039 | 52 Weeks (ASI CHG) | +41.37% |
| Gainers | 21 | Losers | 31 |
| Unchanged | 63 | Total | 115 |
| YTD Returns | +29.11% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.35 |
| NGX30 | -0.13 |
| NGXBNK | -0.89 |
| NGXCNSMRGDS | -0.24 |
| NGXINDUSTR | -0.02 |
| NGXINS | -1.13 |
| NGXLOTUSISLM | -0.25 |
| NGXOILGAS | -0.66 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| DAARCOMM | 0.60 | 0.66 | 0.06 | 10.00 |
| IMG | 31.90 | 35.00 | 3.10 | 9.72 |
| DEAPCAP | 1.05 | 1.15 | 0.10 | 9.52 |
| TANTALIZER | 0.59 | 0.64 | 0.05 | 8.47 |
| CAVERTON | 1.32 | 1.41 | 0.09 | 6.82 |
| SUNUASSUR | 1.22 | 1.29 | 0.07 | 5.74 |
| UNIVINSURE | 0.36 | 0.38 | 0.02 | 5.56 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| OANDO | 91.00 | 81.90 | -9.10 | -10.00 |
| RTBRISCOE | 2.88 | 2.60 | -0.28 | -9.72 |
| NSLTECH | 0.65 | 0.59 | -0.06 | -9.23 |
| OMATEK | 0.77 | 0.70 | -0.07 | -9.09 |
| FTNCOCOA | 1.68 | 1.53 | -0.15 | -8.93 |
| NGXGROUP | 22.75 | 20.75 | -2.00 | -8.79 |
| REDSTAREX | 3.93 | 3.59 | -0.34 | -8.65 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| OANDO | 81.90 | 2,727 | 37,184,529 |
| UNIVINSURE | 0.38 | 135 | 33,714,071 |
| TRANSCORP | 11.00 | 335 | 29,021,416 |
| FTNCOCOA | 1.53 | 154 | 22,743,961 |
| GTCO | 45.80 | 277 | 21,947,914 |
| ACCESSCORP | 19.10 | 418 | 14,813,883 |
| VERITASKAP | 1.39 | 134 | 13,523,226 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| OANDO | 81.90 | 2,727 | 3,099,845,995.50 |
| GTCO | 45.80 | 277 | 1,005,291,817.05 |
| ZENITHBANK | 37.40 | 529 | 411,107,448.25 |
| CONOIL | 154.00 | 62 | 401,028,436.95 |
| ETERNA | 32.00 | 757 | 322,404,892.95 |
| TRANSCORP | 11.00 | 335 | 321,760,122.05 |
| UBA | 23.75 | 409 | 301,105,326.65 |
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.
