Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (29/11/2024), as the NGX-ASI decreased to 97,506.87 from 97,783.81 recorded at the close of the previous trading day, indicating a YTD return of +30.40%.
The market performance for the week decreased by 0.33% to 97,506.87 from 97,829.02 recorded at the beginning of the week.
Similarly, the market capitalization decreased by N168 billion to N59.107 trillion from N59.275 trillion recorded at the previous trading day’s close. However, the market turnover increased to N15.083 billion from N10.811 billion.
The market breadth was negative at 0.92X as 22 stocks advanced and 24 stocks declined, while 72 stocks remained unchanged. HMCALL topped the gainers’ list with 9.54%, while REGALINS declined by -9.80% to lead the losers’ chart.
FBNH recorded the highest volume while SEPLAT recorded the highest value for the day.
Read: NGX Price List for Friday, 29th November 2024
MARKET STATISTICS
| CAP | N59,107,427,623,917.71 | One Day (ASI CHG) | -0.28% |
| Index | 97,506.87 | One Week (ASI CHG) | -0.33% |
| Volume | 515,494,184 | One Month (ASI CHG) | -0.56% |
| Value | N15,082,540,050.47 | Six Months (ASI CHG) | -1.81% |
| Deals | 7,554 | 52 Weeks (ASI CHG) | 36.53% |
| Gainers | 22 | Losers | 24 |
| Unchanged | 72 | Total | 118 |
| YTD Returns | +30.40% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.28 |
| NGX30 | -0.30 |
| NGXBNK | +0.67 |
| NGXCNSMRGDS | +0.01 |
| NGXINDUSTR | -0.15 |
| NGXINS | -1.83 |
| NGXLOTUSISLM | -0.18 |
| NGXOILGAS | -2.56 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| HMCALL | 5.66 | 6.20 | 0.54 | 9.54 |
| ROYALEX | 0.57 | 0.62 | 0.05 | 8.77 |
| SOVRENINS | 0.68 | 0.73 | 0.05 | 7.35 |
| TANTALIZER | 1.09 | 1.15 | 0.06 | 5.50 |
| NPFMCRFBK | 1.50 | 1.57 | 0.07 | 4.67 |
| CWG | 5.75 | 5.95 | 0.20 | 3.48 |
| FBNH | 25.55 | 26.30 | 0.75 | 2.94 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| REGALINS | 0.51 | 0.46 | -0.05 | -9.80 |
| LASACO | 2.36 | 2.13 | -0.23 | -9.75 |
| ACADEMY | 3.09 | 2.79 | -0.3 | -9.71 |
| AUSTINLAZ | 2.17 | 1.96 | -0.21 | -9.68 |
| CORNERST | 2.75 | 2.56 | -0.19 | -6.91 |
| OMATEK | 0.65 | 0.61 | -0.04 | -6.15 |
| SEPLAT | 5,639.50 | 5,300.00 | -339.5 | -6.02 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| FBNH | 26.30 | 293 | 126,021,629 |
| HMCALL | 6.20 | 89 | 91,280,851 |
| JAPAULGOLD | 2.21 | 183 | 61,383,947 |
| TANTALIZER | 1.15 | 121 | 35,709,039 |
| STERLINGNG | 4.88 | 158 | 23,807,261 |
| UBA | 32.70 | 505 | 10,634,469 |
| UPDC | 1.49 | 62 | 9,439,094 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| SEPLAT | 5,300.00 | 61 | 7,738,780,746.80 |
| FBNH | 26.30 | 293 | 3,279,310,895.65 |
| BUACEMENT | 95.00 | 156 | 532,475,384.50 |
| HMCALL | 6.20 | 89 | 521,768,143.43 |
| UBA | 32.70 | 505 | 347,099,389.25 |
| ARADEL | 517.00 | 272 | 344,402,858.60 |
| OANDO | 64.95 | 381 | 237,741,139.45 |
OUTLOOK
The Nigerian Exchange ended the week and month on a bearish note, driven by profit-taking sentiments. As December begins, market activity will likely reflect year-end investor strategies. A selective focus on fundamentally strong stocks and monitoring key macroeconomic indicators, such as inflation and exchange rates, are recommended for navigating near-term market conditions.
