Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (12/12/2024), as the NGX-ASI increased to 98,760.59 from 98,509.68 recorded at the close of the previous trading day, indicating a YTD return of +32.08%.
Similarly, the market capitalization increased by N152 billion to N59.867 trillion from N59.715 trillion recorded at the previous trading day’s close. The market turnover also increased to N7.057 billion from N6.477 billion.
The market breadth was positive at 1.43X as 30 stocks advanced and 21 stocks declined, while 72 stocks remained unchanged. CONOIL topped the gainers’ list with 10.00%, while DAARCOMM declined by -8.47% to lead the losers’ chart.
FCMB recorded the highest volume, while ARADEL recorded the highest value for the day.
Read: NGX Price List for Thursday, 12th December 2024
MARKET STATISTICS
| CAP | N59,867,419,647,448.85 | One Day (ASI CHG) | +0.25% |
| Index | 98,760.59 | One Week (ASI CHG) | +0.66% |
| Volume | 489,654,913 | One Month (ASI CHG) | +1.54% |
| Value | N7,057,268,658.46 | Six Months (ASI CHG) | -1.07% |
| Deals | 8,304 | 52 Weeks (ASI CHG) | +36.30% |
| Gainers | 30 | Losers | 21 |
| Unchanged | 72 | Total | 123 |
| YTD Returns | +32.08% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.25 |
| NGX30 | 0.14 |
| NGXBNK | -0.22 |
| NGXCNSMRGDS | 0.32 |
| NGXINDUSTR | 0.62 |
| NGXINS | 0.82 |
| NGXLOTUSISLM | 0.92 |
| NGXOILGAS | 2.67 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change(N) | % Change |
| CONOIL | 352.00 | 387.20 | 35.20 | 10.00 |
| TANTALIZER | 1.60 | 1.76 | 0.16 | 10.00 |
| CUSTODIAN | 12.60 | 13.85 | 1.25 | 9.92 |
| AFRIPRUD | 14.30 | 15.70 | 1.40 | 9.79 |
| GOLDBREW | 7.18 | 7.88 | 0.70 | 9.75 |
| PZ | 22.50 | 24.55 | 2.05 | 9.11 |
| GUINEAINS | 0.55 | 0.60 | 0.05 | 9.09 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change(N) | % Change |
| DAARCOMM | 0.59 | 0.54 | -0.05 | -8.47 |
| CAVERTON | 1.96 | 1.80 | -0.16 | -8.16 |
| OMATEK | 0.67 | 0.62 | -0.05 | -7.46 |
| ABCTRANS | 1.35 | 1.25 | -0.10 | -7.41 |
| CONHALLPLC | 2.39 | 2.22 | -0.17 | -7.11 |
| SOVRENINS | 0.86 | 0.81 | -0.05 | -5.81 |
| LINKASSURE | 0.93 | 0.90 | -0.03 | -3.23 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| FCMB | 9.00 | 148 | 77,631,945 |
| ETRANZACT | 6.75 | 27 | 47,828,831 |
| HMCALL | 4.99 | 47 | 33,575,410 |
| JAPAULGOLD | 2.20 | 102 | 16,745,930 |
| NSLTECH | 0.57 | 46 | 13,061,192 |
| INTBREW | 4.00 | 142 | 12,769,184 |
| TANTALIZER | 1.76 | 188 | 12,769,184 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| ARADEL | 500.00 | 345 | 753,595,240.00 |
| FCMB | 9.00 | 148 | 698,662,648.10 |
| WAPCO | 70.00 | 223 | 563,531,117.15 |
| ETRANZACT | 6.75 | 27 | 473,408,201.20 |
| GUINNESS | 65.00 | 49 | 370,948,264.95 |
| CONOIL | 387.20 | 171 | 370,948,264.95 |
| TRANSCORP | 43.50 | 176 | 364,366,948.55 |
OUTLOOK
The Nigerian equities market closed positive at the end of today’s trading sustaining its bullish momentum. Looking at the market performance so far, we foresee the market will close in green for the week.
