Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (23/12/2024), as the NGX-ASI increased to 101,356.15 from 101,129.09 recorded at the close of the previous trading day, indicating a YTD return of +35.55%.
The market capitalization increased by N137.64 billion to N61.441 billion from N61.303 trillion recorded at the previous trading day’s close. However, the market turnover decreased to N16.272 billion from N16.488 billion.
The market breadth was positive at 2.79X as 53 stocks advanced and 19 stocks declined, while 48 stocks remained unchanged. OKOMUOIL topped the gainers’ list with 10.00%, while AUSTINLAZ declined by -9.84% to lead the losers’ chart.
GTCO recorded the highest volume, while ARADEL recorded the highest value for the day.
Read: NGX Price List for Monday 23rd December 2024
MARKET STATISTICS
| CAP | N61,440,951,274,121.03 | One Day (ASI CHG) | +0.22% |
| Index | 101,356.15 | One Week (ASI CHG) | +1.43% |
| Volume | 503,189,878 | One Month (ASI CHG) | +3.61% |
| Value | N16,271,901,608.63 | Six Months (ASI CHG) | +1.71% |
| Deals | 12,490 | 52 Weeks (ASI CHG) | +36.92% |
| Gainers | 53 | Losers | 19 |
| Unchanged | 48 | Total | 120 |
| YTD Returns | +35.55% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.22 |
| NGX30 | 0.72 |
| NGXBNK | 2.16 |
| NGXCNSMRGDS | 2.48 |
| NGXINDUSTR | -0.06 |
| NGXINS | 3.89 |
| NGXLOTUSISLM | 2.50 |
| NGXOILGAS | -0.05 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | %Change |
| OKOMUOIL | 367.00 | 403.70 | 36.70 | 10.00 |
| MRS | 180.00 | 198.00 | 18.00 | 10.00 |
| MANSARD | 7.50 | 8.25 | 0.75 | 10.00 |
| INTBREW | 5.00 | 5.50 | 0.50 | 10.00 |
| STERLINGNG | 5.00 | 5.50 | 0.50 | 10.00 |
| CHAMPION | 3.80 | 4.18 | 0.38 | 10.00 |
| HONYFLOUR | 6.05 | 6.65 | 0.60 | 9.92 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| AUSTINLAZ | 1.83 | 1.65 | -0.18 | -9.84 |
| ARADEL | 664.00 | 600.00 | -64.00 | -9.64 |
| OANDO | 69.50 | 63.50 | -6.00 | -8.63 |
| VERITASKAP | 1.35 | 1.29 | -0.06 | -4.44 |
| OMATEK | 0.68 | 0.65 | -0.03 | -4.41 |
| NPFMCRFBK | 1.65 | 1.60 | -0.05 | -3.03 |
| LIVESTOCK | 4.10 | 4.00 | -0.10 | -2.44 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| GTCO | 58.75 | 345 | 39,382,301 |
| JAPAULGOLD | 2.15 | 167 | 35,765,382 |
| ZENITHBANK | 46.00 | 500 | 34,645,160 |
| UBA | 35.00 | 686 | 26,377,480 |
| UNIVINSURE | 0.48 | 104 | 25,589,373 |
| CILEASING | 3.85 | 233 | 25,399,087 |
| FIDELITYBK | 16.65 | 317 | 21,976,153 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| ARADEL | 600.00 | 619 | 3,707,751,931.70 |
| GTCO | 58.75 | 345 | 2,257,704,879.10 |
| ZENITHBANK | 46.00 | 500 | 1,596,995,850.40 |
| TOTAL | 673.90 | 131 | 1,009,912,413.60 |
| UBA | 35.00 | 686 | 912,060,060.05 |
| BUAFOODS | 394.90 | 175 | 718,320,642.40 |
| MTNN | 178.00 | 397 | 599,168,765.20 |
OUTLOOK
Equities market closed on a positive note beginning the trading week with impressive gains. This upward trend can be attributed to improved investors’ sentiment, as market participants continue to show confidence in the market. We foresee the positive sentiment to persist throughout the remaining days of the week.
