Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (05/12/2024), as the NGX-ASI decreased to 98,114.11 from 98,174.99 recorded at the close of the previous trading day, indicating a YTD return of +31.21%.
Similarly, the market capitalization decreased by N36.91 billion to N59.475 trillion from N59.512 trillion recorded at the previous trading day’s close. Likewise, the market turnover decreased to N12.840 billion from N19.933 billion.
The market breadth was positive at 2.19X as 35 stocks advanced and 16 stocks declined, while 72 stocks remained unchanged. UPL and CORNERST topped the gainers’ list with 10.00%, while REDSTAREX declined by -10.00% to lead the losers’ chart.
CHAMPION recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Thursday, 5th December 2024
MARKET STATISTICS
| CAP | N59,475,533,391,340.26 | One Day (ASI CHG) | -0.06% |
| Index | 98,114.11 | One Week (ASI CHG) | +0.34% |
| Volume | 722,998,242 | One Month (ASI CHG) | +1.02% |
| Value | N12,840,112,437.04 | Six Months (ASI CHG) | -1.03% |
| Deals | 8,495 | 52 Weeks (ASI CHG) | +37.30% |
| Gainers | 35 | Losers | 16 |
| Unchanged | 72 | Total | 123 |
| YTD Returns | +31.21% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.06 |
| NGX30 | -0.08 |
| NGXBNK | -0.26 |
| NGXCNSMRGDS | +0.02 |
| NGXINDUSTR | -0.24 |
| NGXINS | +3.13 |
| NGXLOTUSISLM | -0.13 |
| NGXOILGAS | +1.13 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| UPL | 3.60 | 3.96 | 0.36 | 10.00 |
| CORNERST | 3.00 | 3.30 | 0.30 | 10.00 |
| STERLINGNG | 4.41 | 4.85 | 0.44 | 9.98 |
| SUNUASSUR | 4.21 | 4.63 | 0.42 | 9.98 |
| GOLDBREW | 4.47 | 4.91 | 0.44 | 9.84 |
| GUINEAINS | 0.52 | 0.57 | 0.05 | 9.62 |
| NCR | 4.50 | 4.90 | 0.40 | 8.89 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| REDSTAREX | 4.90 | 4.41 | -0.49 | -10.00 |
| FTNCOCOA | 1.96 | 1.85 | -0.11 | -5.61 |
| NPFMCRFBK | 1.55 | 1.50 | -0.05 | -3.23 |
| NEIMETH | 2.16 | 2.10 | -0.06 | -2.78 |
| PRESTIGE | 0.80 | 0.78 | -0.02 | -2.50 |
| LIVESTOCK | 3.49 | 3.41 | -0.08 | -2.29 |
| JAPAULGOLD | 2.20 | 2.15 | -0.05 | -2.27 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| CHAMPION | 4.00 | 28 | 300,933,511 |
| FIDELITYBK | 16.10 | 275 | 48,597,828 |
| GTCO | 52.75 | 201 | 40,184,488 |
| ACCESSCORP | 24.05 | 349 | 35,620,374 |
| WAPCO | 73.90 | 811 | 29,096,363 |
| TANTALIZER | 1.25 | 58 | 21,318,514 |
| ZENITHBANK | 44.00 | 400 | 17,265,344 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value(N) |
| GTCO | 52.75 | 201 | 2,119,152,005.25 |
| WAPCO | 73.90 | 811 | 2,087,039,296.40 |
| MTNN | 170.00 | 298 | 1,981,247,403.50 |
| CHAMPION | 4.00 | 28 | 1,203,726,013.84 |
| ACCESSCORP | 24.05 | 349 | 858,871,434.05 |
| FIDELITYBK | 16.10 | 275 | 782,995,812.85 |
| ZENITHBANK | 44.00 | 400 | 767,725,810.95 |
OUTLOOK
The Equities Market closed for today’s trading on profit-taking, reversing the previous day’s performance. The market is expected to close bullish for the week.
