Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (29/10/2024), as the NGX-ASI decreased to 98,058.07 from 98,708.90 recorded at the close of the previous trading day; indicating a YTD return of +31.14%.
Similarly, the market capitalization decreased by N394.37 billion to N59.418 trillion from N59.812 trillion recorded at the close of the previous trading day. While the market turnover increased to N8.926 billion from N4.552 billion.
The market breadth was negative at 0.81X as 25 stocks advanced and 31 stocks declined, while 62 stocks remained unchanged. NNFM topped the gainers’ list with 10.00%, while CADBURY declined by -9.89% to lead the losers’ chart.
UBA recorded the highest volume, and the highest value for the day.
Read: NGX Price List for Tuesday, 29th October 2024
MARKET STATISTICS
| CAP | N59,418,032,190,496.17 | One Day (ASI CHG) | -0.66% |
| Index | 98,058.07 | One Week (ASI CHG) | -0.84% |
| Volume | 399,324,907 | One Month (ASI CHG) | -0.41% |
| Value | N8,925,719,153.96 | Six Months (ASI CHG) | -0.17% |
| Deals | 9,547 | 52 Weeks (ASI CHG) | 41.63% |
| Gainers | 25 | Losers | 31 |
| Unchanged | 62 | Total | 118 |
| YTD Returns | +31.14% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.66 |
| NGX30 | -0.41 |
| NGXBNK | -1.46 |
| NGXCNSMRGDS | -0.01 |
| NGXINDUSTR | -0.33 |
| NGXINS | 0.18 |
| NGXLOTUSISLM | -0.18 |
| NGXOILGAS | 0.03 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| NNFM | 34.00 | 37.40 | 3.40 | 10.00 |
| EUNISELL | 3.85 | 4.23 | 0.38 | 9.87 |
| LIVESTOCK | 3.75 | 4.04 | 0.29 | 7.73 |
| CWG | 6.05 | 6.35 | 0.30 | 4.96 |
| NEIMETH | 1.88 | 1.97 | 0.09 | 4.79 |
| UPDCREIT | 5.25 | 5.50 | 0.25 | 4.76 |
| AIICO | 1.20 | 1.25 | 0.05 | 4.17 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| CADBURY | 18.20 | 16.40 | -1.80 | -9.89 |
| ACADEMY | 3.14 | 2.83 | -0.31 | -9.87 |
| ROYALEX | 0.72 | 0.65 | -0.07 | -9.72 |
| ARADEL | 600.10 | 550.10 | -50.00 | -8.33 |
| SOVRENINS | 0.62 | 0.57 | -0.05 | -8.06 |
| TRANSCORP | 48.60 | 45.00 | -3.60 | -7.41 |
| CILEASING | 3.90 | 3.63 | -0.27 | -6.92 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| UBA | 29.65 | 848 | 90,409,480 |
| CHAMS | 2.00 | 58 | 80,602,815 |
| TRANSCORP | 45.00 | 1007 | 31,679,444 |
| ZENITHBANK | 39.00 | 395 | 22,855,216 |
| ACCESSCORP | 21.55 | 540 | 15,717,929 |
| AIICO | 1.25 | 109 | 11,742,553 |
| LIVESTOCK | 4.04 | 223 | 11,170,996 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| UBA | 29.65 | 848 | 2,607,857,458.50 |
| TRANSCORP | 45.00 | 1007 | 1,558,971,781.10 |
| ARADEL | 550.10 | 568 | 1,253,223,380.20 |
| ZENITHBANK | 39.00 | 395 | 892,156,490.60 |
| GTCO | 50.60 | 222 | 363,292,661.10 |
| ACCESSCORP | 21.55 | 540 | 346,340,435.80 |
| PRESCO | 485.40 | 80 | 238,925,552.60 |
OUTLOOK
The Nigerian equities market closed in the red at the end of today’s trading session. The market’s downturn was across-the-board, with all sectors posting losses, reflecting investor’s caution. However we foresee a mixed in the remaining days of the week.
