Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (30/10/2024), as the NGX-ASI decreased to 98,023.23 from 98,058.07 recorded at the close of the previous trading day; indicating a YTD return of +31.09%.
Similarly, the market capitalization decreased by N21 billion to N59.397 trillion from N59.418 trillion recorded at the close of the previous trading day. While the market turnover increased to N15.301 billion from N8.926 billion.
The market breadth was positive at 1.45X as 32 stocks advanced and 22 stocks declined, while 67 stocks remained unchanged. SKYAVN topped the gainers’ list with 10.00%, while JAIZBANK declined by -10.00% to lead the losers’ chart.
JAIZBANK recorded the highest volume, while MTNN recorded the highest value for the day.
Read: NGX Price List for Wednesday, 30th October 2024
MARKET STATISTICS
| CAP | N59,396,922,197,215.61 | One Day (ASI CHG) | -0.04% |
| Index | 98,023.23 | One Week (ASI CHG) | -0.93% |
| Volume | 538,956,267 | One Month (ASI CHG) | -0.44% |
| Value | N15,301,448,271.54 | Six Months (ASI CHG) | -0.21% |
| Deals | 10,028 | 52 Weeks (ASI CHG) | +38.88% |
| Gainers | 32 | Losers | 22 |
| Unchanged | 67 | Total | 121 |
| YTD Returns | +31.09% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.04 |
| NGX30 | +0.09 |
| NGXBNK | +1.73 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | +0.24 |
| NGXINS | -0.71 |
| NGXLOTUSISLM | +0.11 |
| NGXOILGAS | +0.22 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| SKYAVN | 25.00 | 27.50 | 2.50 | 10.00 |
| VITAFOAM | 20.00 | 22.00 | 2.00 | 10.00 |
| UPL | 2.80 | 3.08 | 0.28 | 10.00 |
| EUNISELL | 4.23 | 4.65 | 0.42 | 9.93 |
| NAHCO | 35.40 | 38.90 | 3.50 | 9.89 |
| NEM | 7.90 | 8.60 | 0.70 | 8.86 |
| CONHALLPLC | 1.40 | 1.52 | 0.12 | 8.57 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| JAIZBANK | 2.50 | 2.25 | -0.25 | -10.00 |
| PZ | 21.00 | 18.90 | -2.10 | -10.00 |
| ABCTRANS | 1.35 | 1.22 | -0.13 | -9.63 |
| UPDC | 1.60 | 1.45 | -0.15 | -9.38 |
| INTENEGINS | 1.45 | 1.32 | -0.13 | -8.97 |
| WAPIC | 0.92 | 0.84 | -0.08 | -8.70 |
| NGXGROUP | 23.45 | 21.50 | -1.95 | -8.32 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| JAIZBANK | 2.25 | 211 | 106,676,638 |
| UBA | 30.00 | 625 | 95,911,422 |
| CHAMS | 2.02 | 70 | 80,660,594 |
| MTNN | 175.10 | 349 | 30,756,145 |
| ZENITHBANK | 39.50 | 414 | 23,075,940 |
| CUSTODIAN | 12.90 | 236 | 18,806,021 |
| GTCO | 53.30 | 302 | 11,615,825 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| MTNN | 175.10 | 349 | 5,388,722,052.90 |
| UBA | 30.00 | 625 | 2,850,868,966.45 |
| ARADEL | 550.10 | 1154 | 2,044,566,037.40 |
| ZENITHBANK | 39.50 | 414 | 912,170,582.45 |
| GTCO | 53.30 | 302 | 612,574,658.20 |
| TRANSCORP | 45.90 | 526 | 422,557,523.00 |
| WAPCO | 38.50 | 351 | 321,180,356.30 |
OUTLOOK
The Nigerian equities market ended today’s trading session negatively, extending its recent losses, despite improved performance in major sectors compared to the previous day. Investor sell-offs contributed to the downturn, and the market is expected to remain volatile as companies release Q3 financial results.
