Trading activities in the Nigerian Equities market closed negative at the end of today, Monday (09/09/2024), as the NGX-ASI decreased to 96,205.84 from 96,433.53 recorded at the close of the previous trading day; indicating a YTD return of +28.66%.
Similarly, the market capitalization decreased by N111.15 billion to N55.283 trillion from N55.394 trillion recorded at the close of the previous trading day. However, the market turnover increased to N14.647 billion from N12.024 billion.
The market breadth was positive at 1.74X as 33 stocks advanced and 19 stocks declined, while 67 stocks remained unchanged. ETERNA topped the gainers’ list with 10.00%, while JBERGER declined by 10.00% to lead the losers’ chart.
JAIZBANK recorded the highest volume while ZENITHBANK recorded the highest value for the day.
Read: NGX Price List for Monday, 9th September 2024
MARKET STATISTICS
| CAP | N55,282,857,069,407.45 | One Day (ASI CHG) | -0.24% |
| Index | 96,205.84 | One Week (ASI CHG) | -0.61% |
| Volume | 774,377,516 | One Month (ASI CHG) | -2.42% |
| Value | N14,647,492,578.69 | Six Months (ASI CHG) | -5.72 |
| Deals | 10,412 | 52 Weeks (ASI CHG) | +42.96% |
| Gainers | 33 | Losers | 19 |
| Unchanged | 67 | Total | 119 |
| YTD Returns | +28.66% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.24 |
| NGX30 | -0.34 |
| NGXBNK | 0.68 |
| NGXCNSMRGDS | -0.43 |
| NGXINDUSTR | -0.04 |
| NGXINS | 2.48 |
| NGXLOTUSISLM | -0.17 |
| NGXOILGAS | 1.14 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| ETERNA | 30.00 | 33.00 | 3.00 | 10.00 |
| TANTALIZER | 0.70 | 0.77 | 0.07 | 10.00 |
| OANDO | 81.40 | 89.50 | 8.10 | 9.95 |
| FTNCOCOA | 1.51 | 1.66 | 0.15 | 9.93 |
| UACN | 20.90 | 22.95 | 2.05 | 9.81 |
| JAPAULGOLD | 2.46 | 2.70 | 0.24 | 9.76 |
| ETRANZACT | 6.15 | 6.75 | 0.60 | 9.76 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change (N) | % Change |
| JBERGER | 170.50 | 153.45 | -17.05 | -10.00 |
| TRANSPOWER | 335.20 | 301.70 | -33.50 | -9.99 |
| UPL | 2.67 | 2.43 | -0.24 | -8.99 |
| CUTIX | 3.00 | 2.82 | -0.18 | -6.00 |
| OMATEK | 0.72 | 0.68 | -0.04 | -5.56 |
| PZ | 19.00 | 18.00 | -1.00 | -5.26 |
| GUINEAINS | 0.52 | 0.50 | -0.02 | -3.85 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| JAIZBANK | 2.27 | 162 | 247,044,551 |
| ZENITHBANK | 37.00 | 799 | 173,485,170 |
| FBNH | 24.00 | 372 | 41,503,629 |
| GTCO | 45.40 | 378 | 33,922,137 |
| JAPAULGOLD | 2.70 | 302 | 27,800,749 |
| UBA | 23.50 | 491 | 24,412,320 |
| OANDO | 89.50 | 429 | 14,807,239 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ZENITHBANK | 37.00 | 799 | 6,419,878,297.10 |
| GTCO | 45.40 | 378 | 1,539,871,301.45 |
| OANDO | 89.50 | 429 | 1,325,247,890.50 |
| FBNH | 24.00 | 372 | 967,496,371.30 |
| MTNN | 179.00 | 536 | 748,932,194.20 |
| UBA | 23.50 | 491 | 564,104,599.20 |
| JAIZBANK | 2.27 | 162 | 537,123,166.56 |
OUTLOOK
The stock market closed in the negative territory, experiencing a dip in investors’ appetite. Given the market’s current performance, we foresee a mixed trend in the remaining day of the week.
