Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (01/11/2024), as the NGX-ASI decreased to 97,432.02 from 97,651.23 recorded at the close of the previous trading day; indicating a YTD return of +30.30%.
The market performance for the week decreased by 2.03% to 97,432.02 from 99,448.91 recorded at the beginning of the week.
Similarly, the market capitalization decreased by N132.83 billion to N59.038 trillion from N59.171 trillion recorded at the close of the previous trading day. While the market turnover decreased to N15.841 billion from N10.010 billion.
The market breadth was negative at 0.77X as 23 stocks advanced and 30 stocks declined, while 67 stocks remained unchanged. JOHNHOLT topped the gainers’ list with 10.00%, while ARADEL declined by -10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and the highest value for the day.
Read: NGX Price List for Friday, 1st November 2024
MARKET STATISTICS
| CAP | N59,038,681,417,428.46 | One Day (ASI CHG) | -0.22% |
| Index | 97,432.02 | One Week (ASI CHG) | -2.03% |
| Volume | 888,796,122 | One Month (ASI CHG) | -1.14% |
| Value | N15,841,257,099.98 | Six Months (ASI CHG) | -2.16% |
| Deals | 8,803 | 52 Weeks (ASI CHG) | +38.80% |
| Gainers | 23 | Losers | 30 |
| Unchanged | 67 | Total | 120 |
| YTD Returns | +30.30% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.22 |
| NGX30 | 0.18 |
| NGXBNK | 1.15 |
| NGXCNSMRGDS | 0.23 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.15 |
| NGXLOTUSISLM | -0.42 |
| NGXOILGAS | -0.07 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price(N) | Price (N) | % Change |
| JOHNHOLT | 3.00 | 3.30 | 0.30 | 10.00 |
| EUNISELL | 5.11 | 5.62 | 0.51 | 9.98 |
| REDSTAREX | 4.07 | 4.47 | 0.40 | 9.83 |
| WAPIC | 0.84 | 0.92 | 0.08 | 9.52 |
| PZ | 20.25 | 22.00 | 1.75 | 8.64 |
| LASACO | 2.43 | 2.55 | 0.12 | 4.94 |
| UNILEVER | 23.00 | 24.00 | 1.00 | 4.35 |
Top 7 Losers
| Security | Previous Close (N) | Close Price(N) | Price (N) | % Change |
| ARADEL | 495.10 | 445.60 | -49.50 | -10.00 |
| ELLAHLAKES | 3.93 | 3.54 | -0.39 | -9.92 |
| MULTIVERSE | 8.80 | 7.95 | -0.85 | -9.66 |
| CUSTODIAN | 12.90 | 12.00 | -0.90 | -6.98 |
| GUINEAINS | 0.48 | 0.45 | -0.03 | -6.25 |
| UACN | 21.80 | 20.55 | -1.25 | -5.73 |
| CILEASING | 3.90 | 3.71 | -0.19 | -4.87 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FIDELITYBK | 14.40 | 344 | 540,820,582 |
| JAIZBANK | 2.25 | 126 | 68,724,077 |
| CHAMS | 2.08 | 96 | 49,392,654 |
| ZENITHBANK | 41.25 | 545 | 40,713,728 |
| GTCO | 55.30 | 366 | 22,470,581 |
| UBA | 29.00 | 365 | 12,776,201 |
| VERITASKAP | 1.42 | 121 | 12,412,444 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| FIDELITYBK | 14.40 | 344 | 7,685,457,026.70 |
| ARADEL | 445.60 | 1046 | 2,302,527,861.70 |
| ZENITHBANK | 41.25 | 545 | 1,652,642,528.30 |
| GTCO | 55.30 | 366 | 1,244,063,890.20 |
| UBA | 29.00 | 365 | 373,078,671.35 |
| MTNN | 175.00 | 493 | 274,275,639.20 |
| ACCESSCORP | 22.10 | 427 | 271,692,031.30 |
OUTLOOK
The Equities Market recorded a bearish pattern to end this week’s trading. The dip in the trading activities could be attributed to continuous profit taking by investors. We are anticipating mixed sentiment in the week ahead as more companies release their Q3 financial results.
