Trading activities in the Nigerian Equities market closed Positive at the end of today, Friday (13/09/2024), as the NGX-ASI increased to 97,456.62 from 97,025.17 recorded at the close of the previous trading day; indicating a YTD return of +30.34%.
The market performance for the week increased by 1.06% to 97,456.62 from 96,433.53 recorded at the beginning of the week
Similarly, the market capitalization increased by N247.92 billion to N56.001 trillion from N55.753 trillion recorded at the close of the previous trading day. However, the market turnover decreased to N6.013 billion from N7.974 billion.
The market breadth was positive at 1.68X as 32 stocks advanced and 19 stocks declined, while 64 stocks remained unchanged. FLOURMILL topped the gainers’ list with 9.99%, while DAARCOMM declined by 9.72% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume while FBNH recorded the highest value for the day.
Read: NGX Price List for Friday, 13th September 2024
MARKET STATISTICS
| CAP | N56,001,783,425,144.13 | One Day (ASI CHG) | 0.44% |
| Index | 97,456.62 | One Week (ASI CHG) | +1.06% |
| Volume | 394,857,843 | One Month (ASI CHG) | 0.07% |
| Value | N6,013,876,809.35 | Six Months (ASI CHG) | -7.26% |
| Deals | 8,597 | 52 Weeks (ASI CHG) | +44.60% |
| Gainers | 32 | Losers | 19 |
| Unchanged | 64 | Total | 115 |
| YTD Returns | +30.34% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.44 |
| NGX30 | 0.46 |
| NGXBNK | 2.72 |
| NGXCNSMRGDS | 1.25 |
| NGXINDUSTR | 0.19 |
| NGXINS | 1.41 |
| NGXLOTUSISLM | 0.24 |
| NGXOILGAS | -0.25 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| FLOURMILL | 49.55 | 54.50 | 4.95 | 9.99 |
| CAVERTON | 2.31 | 2.54 | 0.23 | 9.96 |
| ETI | 21.60 | 23.75 | 2.15 | 9.95 |
| RTBRISCOE | 3.32 | 3.65 | 0.33 | 9.94 |
| UPDC | 1.62 | 1.78 | 0.16 | 9.88 |
| FBNH | 26.40 | 29.00 | 2.60 | 9.85 |
| HONYFLOUR | 4.08 | 4.48 | 0.40 | 9.80 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| DAARCOMM | 0.72 | 0.65 | -0.07 | -9.72 |
| DEAPCAP | 1.02 | 0.93 | -0.09 | -8.82 |
| PZ | 17.10 | 15.65 | -1.45 | -8.48 |
| CUSTODIAN | 14.20 | 13.00 | -1.20 | -8.45 |
| NSLTECH | 0.70 | 0.65 | -0.05 | -7.14 |
| SUNUASSUR | 1.33 | 1.24 | -0.09 | -6.77 |
| OMATEK | 0.72 | 0.69 | -0.03 | -4.17 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| JAPAULGOLD | 2.59 | 300 | 105,650,070 |
| FBNH | 29.00 | 508 | 43,192,810 |
| ZENITHBANK | 38.00 | 510 | 28,620,582 |
| UBA | 23.70 | 398 | 15,538,544 |
| ETI | 23.75 | 102 | 14,595,478 |
| NB | 28.00 | 92 | 13,348,940 |
| TRANSCORP | 11.20 | 302 | 12,923,365 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value(N) |
| FBNH | 29.00 | 508 | 1,242,734,888.95 |
| ZENITHBANK | 38.00 | 510 | 1,073,424,296.55 |
| GTCO | 46.00 | 353 | 521,331,148.45 |
| OANDO | 89.05 | 772 | 488,833,133.35 |
| NB | 28.00 | 92 | 373,623,293.45 |
| UBA | 23.70 | 398 | 371,185,368.85 |
| MTNN | 192.20 | 229 | 361,474,783.70 |
OUTLOOK
Trading session on the Nigerian Exchange closed for the week on a high note with a bullish trend, which is expected to impact market dynamics, potentially leading to further gains and increased investors’ appetite in the week ahead.
