Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (04/12/2024), as the NGX-ASI increased to 98,174.99 from 97,702.56 recorded at the close of the previous trading day, indicating a YTD return of +31.30%.
Similarly, the market capitalization increased by N286 billion to N59.512 trillion from N59.226 trillion recorded at the previous trading day’s close. However, the market turnover decreased to N19.933 billion from N27.364 billion.
The market breadth was positive at 1.95X as 41 stocks advanced and 21 stocks declined, while 60 stocks remained unchanged. GOLDBREW topped the gainers’ list with 9.83%, while SUNUASSUR declined by -9.85% to lead the losers’ chart.
TANTALIZER recorded the highest volume while SEPLAT recorded the highest value for the day.
Read: NGX Price List for Wednesday, 4th December 2024
MARKET STATISTICS
| CAP | N59,512,437,297,761.93 | One Day (ASI CHG) | +0.48% |
| Index | 98,174.99 | One Week (ASI CHG) | +0.90% |
| Volume | 521,918,004 | One Month (ASI CHG) | +0.76% |
| Value | N19,932,502,351.08 | Six Months (ASI CHG) | -1.12% |
| Deals | 9,420 | 52 Weeks (ASI CHG) | +36.72% |
| Gainers | 41 | Losers | 21 |
| Unchanged | 60 | Total | 122 |
| YTD Returns | +31.30% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.48 |
| NGX30 | +0.63 |
| NGXBNK | – 0.07 |
| NGXCNSMRGDS | – 0.17 |
| NGXINDUSTR | +0.81 |
| NGXINS | +1.60 |
| NGXLOTUSISLM | +1.29 |
| NGXOILGAS | +3.21 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| GOLDBREW | 4.07 | 4.47 | 0.40 | 9.83 |
| THOMASWY | 1.73 | 1.90 | 0.17 | 9.83 |
| FTNCOCOA | 1.79 | 1.96 | 0.17 | 9.50 |
| DEAPCAP | 1.06 | 1.16 | 0.10 | 9.43 |
| NEM | 8.60 | 9.40 | 0.80 | 9.30 |
| ABCTRANS | 1.05 | 1.14 | 0.09 | 8.57 |
| WAPCO | 70.15 | 75.45 | 5.30 | 7.56 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| SUNUASSUR | 4.67 | 4.21 | -0.46 | -9.85 |
| LEARNAFRCA | 3.25 | 2.93 | -0.32 | -9.85 |
| HMCALL | 6.45 | 5.86 | -0.59 | -9.15 |
| PZ | 24.10 | 22.00 | -2.10 | -8.71 |
| STERLINGNG | 4.75 | 4.41 | -0.34 | -7.16 |
| ROYALEX | 0.63 | 0.59 | -0.04 | -6.35 |
| CILEASING | 4.15 | 3.91 | -0.24 | -5.78 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| TANTALIZER | 1.25 | 67 | 88,325,044 |
| WAPCO | 75.45 | 1366 | 57,240,651 |
| ACCESSCORP | 24.50 | 412 | 41,024,651 |
| CUTIX | 2.29 | 55 | 37,122,728 |
| UBA | 33.45 | 552 | 34,033,565 |
| GTCO | 52.65 | 185 | 26,034,248 |
| FIDELITYBK | 16.00 | 255 | 23,073,187 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| SEPLAT | 5,700.00 | 152 | 8,032,972,732.00 |
| WAPCO | 75.45 | 1366 | 4,218,148,474.30 |
| GTCO | 52.65 | 185 | 1,368,913,994.85 |
| UBA | 33.45 | 552 | 1,139,341,631.80 |
| ACCESSCORP | 24.50 | 412 | 986,531,374.80 |
| ARADEL | 472.00 | 293 | 680,174,990.40 |
| ZENITHBANK | 44.75 | 304 | 412,820,743.35 |
OUTLOOK
The Nigerian stock market gained ₦286 billion in market capitalization, driven by bargain-hunting in key sectors like oil and gas. However, investors are advised to be cautious in their choice of portfolios as the market’s trajectory is anticipated to be dynamic.
