Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (17/12/2024), as the NGX-ASI increased to 100,050.94 from 99,922.63 recorded at the close of the previous trading day, indicating a YTD return of +33.80%.
The market capitalization increased by N76.69 million to N60.650 trillion from N60.573 trillion recorded at the previous trading day’s close. Similarly, the market turnover increased from N22.513 billion to N16.68 billion.
The market breadth was negative at 0.88X as 23 stocks advanced and 26 stocks declined, while 71 stocks remained unchanged. MRS topped the gainers’ list with 10.00%, while CUTIX declined by -10.00% to lead the losers’ chart.
ETRANZACT recorded the highest volume, while TRANSCOHOT recorded the highest value for the day.
Read: NGX Price List for Tuesday 17th December 2024
MARKET STATISTICS
| CAP | N60,649,742,578,435.96 | One Day (ASI CHG) | +0.13% |
| Index | 100,050.94 | One Week (ASI CHG) | +1.88% |
| Volume | 478,080,829 | One Month (ASI CHG) | +2.28% |
| Value | N22,512,835,139.71 | Six Months (ASI CHG) | +0.13% |
| Deals | 9,578 | 52 Weeks (ASI CHG) | +38.06% |
| Gainers | 23 | Losers | 26 |
| Unchanged | 71 | Total | 120 |
| YTD Returns | +33.80% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.13 |
| NGX30 | 0.00 |
| NGXBNK | +0.19 |
| NGXCNSMRGDS | -0.15 |
| NGXINDUSTR | -0.02 |
| NGXINS | +1.56 |
| NGXLOTUSISLM | +0.02 |
| NGXOILGAS | +0.06 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| MRS | 132.00 | 145.20 | 13.20 | 10.00 |
| WAPIC | 1.40 | 1.54 | 0.14 | 10.00 |
| CAVERTON | 2.17 | 2.38 | 0.21 | 9.68 |
| LASACO | 2.55 | 2.79 | 0.24 | 9.41 |
| ROYALEX | 0.66 | 0.72 | 0.06 | 9.09 |
| SOVRENINS | 0.78 | 0.85 | 0.07 | 8.97 |
| GUINEAINS | 0.67 | 0.72 | 0.05 | 7.46 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| CUTIX | 2.50 | 2.25 | -0.25 | -10.00 |
| TANTALIZER | 1.85 | 1.67 | -0.18 | -9.73 |
| DAARCOMM | 0.57 | 0.53 | -0.04 | -7.02 |
| OANDO | 72.95 | 68.50 | -4.45 | -6.10 |
| FTNCOCOA | 1.87 | 1.76 | -0.11 | -5.88 |
| NCR | 5.00 | 4.73 | -0.27 | -5.40 |
| CILEASING | 4.00 | 3.85 | -0.15 | -3.75 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| ETRANZACT | 6.75 | 30 | 70,231,734 |
| TRANSCOHOT | 106.00 | 29 | 69,965,687 |
| OANDO | 68.50 | 1,074 | 26,433,209 |
| VERITASKAP | 1.20 | 89 | 21,303,670 |
| STERLINGNG | 4.90 | 152 | 19,355,395 |
| UBA | 33.35 | 499 | 15,571,850 |
| ZENITHBANK | 44.00 | 356 | 13,944,355 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| TRANSCOHOT | 106.00 | 29 | 7,416,330,076.50 |
| ARADEL | 630.30 | 653 | 6,597,167,006.10 |
| OANDO | 68.50 | 1074 | 1,828,938,763.00 |
| ZENITHBANK | 44.00 | 356 | 615,130,705.20 |
| UBA | 33.35 | 499 | 519,796,785.95 |
| MTNN | 175.00 | 268 | 516,807,118.90 |
| ETRANZACT | 6.75 | 30 | 474,018,901.85 |
OUTLOOK
Nigerian equities closed positively driven by improved market sentiment. While bullish activity is expected to continue, investors should stay cautious of profit-taking and macroeconomic factors that could impact market direction.
