Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (11/12/2024), as the NGX-ASI increased to 98,509.68 from 98,206.97 recorded at the close of the previous trading day, indicating a YTD return of +31.74%.
Similarly, the market capitalization increased by N183.50 billion to N59.715 trillion from N59.531 trillion recorded at the previous trading day’s close. Conversely, the market turnover decreased to N6.477 billion from N12.813billion.
The market breadth was positive at 2.0X as 34 stocks advanced and 17 stocks declined, while 67 stocks remained unchanged. CONOIL topped the gainers’ list with 10.00%, while JBERGER declined by -10.00% to lead the losers’ chart.
ETRANZACT recorded the highest volume while, ARADEL recorded the highest value for the day.
Read: NGX Price List for Wednesday, 11th December 2024
MARKET STATISTICS
| CAP | N59,715,321,315,160.93 | One Day (ASI CHG) | +0.31% |
| Index | 98,509.68 | One Week (ASI CHG) | +0.34% |
| Volume | 320,101,766 | One Month (ASI CHG) | +1.31% |
| Value | N6,477,909,925.06 | Six Months (ASI CHG) | -1.12% |
| Deals | 7,943 | 52 Weeks (ASI CHG) | +36.25% |
| Gainers | 34 | Losers | 17 |
| Unchanged | 67 | Total | 124 |
| YTD Returns | +31.74% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.31 |
| NGX30 | -0.31 |
| NGXBNK | 0.06 |
| NGXCNSMRGDS | 0.04 |
| NGXINDUSTR | 0.15 |
| NGXINS | 2.34 |
| NGXLOTUSISLM | 0.19 |
| NGXOILGAS | 2.59 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price(N) | Price Change(N) | %Change |
| CONOIL | 320.00 | 352.00 | 32.00 | 10.00 |
| AFRIPRUD | 13.00 | 14.30 | 1.30 | 10.00 |
| RTBRISCOE | 2.20 | 2.42 | 0.22 | 10.00 |
| GOLDBREW | 6.53 | 7.18 | 0.65 | 9.95 |
| NEM | 9.75 | 10.70 | 0.95 | 9.74 |
| TANTALIZER | 1.46 | 1.60 | 0.14 | 9.59 |
| TRANSEXPR | 1.26 | 1.38 | 0.12 | 9.52 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| JBERGER | 172.50 | 155.25 | -17.25 | -10.00 |
| NSLTECH | 0.63 | 0.57 | -0.06 | -9.52 |
| MULTIVERSE | 5.90 | 5.45 | -0.45 | -7.63 |
| HMCALL | 5.27 | 4.95 | -0.32 | -6.07 |
| HONYFLOUR | 4.98 | 4.70 | -0.28 | -5.62 |
| LIVESTOCK | 3.40 | 3.21 | -0.19 | -5.59 |
| NEIMETH | 2.10 | 2.00 | -0.10 | -4.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| ETRANZACT | 6.75 | 28 | 70,265,244 |
| UNIVINSURE | 0.34 | 38 | 23,786,538 |
| ZENITHBANK | 44.10 | 328 | 21,217,486 |
| FBNH | 26.40 | 292 | 18,603,585 |
| UBA | 33.35 | 422 | 13,948,070 |
| ACCESSCORP | 24.05 | 347 | 13,659,569 |
| TANTALIZER | 1.60 | 100 | 11,966,699 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ARADEL | 500.00 | 365 | 1,220,840,550.10 |
| ZENITHBANK | 44.10 | 328 | 933,537,951.75 |
| FBNH | 26.40 | 292 | 491,204,592.65 |
| ETRANZACT | 6.75 | 28 | 474,215,942.15 |
| UBA | 33.35 | 422 | 465,830,288.65 |
| ACCESSCORP | 24.05 | 347 | 329,212,156.75 |
| GTCO | 53.00 | 197 | 307,941,755.70 |
OUTLOOK
The Nigerian Equities Market experienced a solid rally, closing today’s trading session with impressive gains recorded across all sectors. Robust market activity drove prices higher, suggesting the equities market could extend this momentum in the next trading sessions.
