Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (6/11/2024), as the NGX-ASI decreased to 96,567.24 from 97,123.61 recorded at the close of the previous trading day, indicating a YTD return of +29.15%.
Similarly, the market capitalization decreased by N337 billion to 58.514 trillion from N58.852 trillion recorded at the close of the previous trading day. Also, The market turnover decreased to N10.041 billion from N25.570 billion.
The market breadth was negative at 0.95X as 20 stocks advanced and 21 stocks declined, while 81 stocks remained unchanged. EUNISELL topped the gainers’ list with 9.87%, while UBA declined by -9.99% to lead the losers’ chart.
UBA recorded the highest volume and the highest value for the day.
Read: NGX Price List for Wednesday, 6th November 2024
MARKET STATISTICS
| CAP | N58,514,798,939,254.07 | One Day (ASI CHG) | -0.57% |
| Index | 96,567.24 | One Week (ASI CHG) | -1.49% |
| Volume | 418,386,118 | One Month (ASI CHG) | -0.98% |
| Value | N10,041,256,241.77 | Six Months (ASI CHG) | -1.69% |
| Deals | 9,021 | 52 Weeks (ASI CHG) | 36.45% |
| Gainers | 20 | Losers | 21 |
| Unchanged | 81 | Total | 122 |
| YTD Returns | +29.15% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.30 |
| NGX30 | -0.19 |
| NGXBNK | -0.92 |
| NGXCNSMRGDS | -0.13 |
| NGXINDUSTR | +0.03 |
| NGXINS | +0.49 |
| NGXLOTUSISLM | -0.22 |
| NGXOILGAS | +0.80 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Change Price (N) | % Change |
| EUNISELL | 6.79 | 7.46 | 0.67 | 9.87 |
| REGALINS | 0.43 | 0.47 | 0.04 | 9.30 |
| VERITASKAP | 1.20 | 1.31 | 0.11 | 9.17 |
| DAARCOMM | 0.56 | 0.61 | 0.05 | 8.93 |
| FCMB | 9.05 | 9.75 | 0.70 | 7.73 |
| ETI | 24.20 | 26.00 | 1.80 | 7.44 |
| CAVERTON | 1.80 | 1.91 | 0.11 | 6.11 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Change Price (N) | % Change |
| UBA | 35.05 | 31.55 | -3.50 | -9.99 |
| OANDO | 72.65 | 65.40 | -7.25 | -9.98 |
| THOMASWY | 1.94 | 1.75 | -0.19 | -9.79 |
| NASCON | 32.55 | 30.00 | -2.55 | -7.83 |
| LASACO | 2.40 | 2.22 | -0.18 | -7.50 |
| CUTIX | 2.60 | 2.43 | -0.17 | -6.54 |
| ABCTRANS | 1.27 | 1.20 | -0.07 | -5.51 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| STERLINGNG | 5.08 | 126 | 79,645,777 |
| UBA | 31.55 | 1,306 | 78,932,644 |
| ACCESSCORP | 24.10 | 767 | 44,398,298 |
| JAIZBANK | 2.35 | 143 | 43,634,880 |
| VERITASKAP | 1.31 | 185 | 25,278,230 |
| ZENITHBANK | 42.65 | 435 | 20,619,868 |
| CUTIX | 2.43 | 55 | 13,790,377 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value |
| UBA | 31.55 | 1306 | 2,569,199,874.10 |
| SEPLAT | 5700.00 | 88 | 1,326,714,211.00 |
| ARADEL | 401.10 | 634 | 1,206,618,040.90 |
| ACCESSCORP | 24.10 | 767 | 1,061,778,657.85 |
| ZENITHBANK | 42.65 | 435 | 881,155,709.80 |
| CONOIL | 215.00 | 130 | 402,370,063.85 |
| STERLINGNG | 5.08 | 126 | 401,923,046.50 |
OUTLOOK
The Nigerian equities market closed in the red at the end of today’s trading session. Investor sell-offs contributed to the downturn, we foresee a mixed sentiments in the remaining days of the week.
