Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (24/12/2024), as the NGX-ASI increased to 102,186.03 from 101,356.15 recorded at the close of the previous trading day, indicating a YTD return of +36.66%.
The market capitalization increased by ₦503.06 billion to ₦61.944 billion from ₦61.441 trillion recorded at the previous trading day’s close. Similarly, the market turnover increased to ₦17.944 billion from ₦16.272 billion.
The market breadth was positive at 1.81X as 38 stocks advanced and 21 stocks declined, while 65 stocks remained unchanged. MRS topped the gainers’ list with 10.00%, while THOMASWY declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and the highest value for the day.
Read: NGX Price List for Tuesday 24th December 2024
MARKET STATISTICS
| CAP | ₦61,944,014,421,102.90 | One Day (ASI CHG) | +0.82% |
| Index | 102,186.03 | One Week (ASI CHG) | +2.13% |
| Volume | 414,326,089 | One Month (ASI CHG) | +4.45% |
| Value | ₦17,943,649,752.03 | Six Months (ASI CHG) | +2.99% |
| Deals | 8,100 | 52 Weeks (ASI CHG) | +38.05% |
| Gainers | 38 | Losers | 21 |
| Unchanged | 65 | Total | 124 |
| YTD Returns | +36.66% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.82 |
| NGX30 | +0.79 |
| NGXBNK | +0.98 |
| NGXCNSMRGDS | +0.49 |
| NGXINDUSTR | +0.15 |
| NGXINS | +1.49 |
| NGXOILGAS | +0.14 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | % Change |
| MRS | 198.00 | 217.80 | 19.80 | 10.00 |
| IKEJAHOTEL | 10.05 | 11.05 | 1.00 | 9.95 |
| MULTIVERSE | 5.05 | 5.55 | 0.50 | 9.90 |
| SKYAVN | 27.95 | 30.70 | 2.75 | 9.84 |
| JOHNHOLT | 5.88 | 6.45 | 0.57 | 9.69 |
| REGALINS | 0.64 | 0.70 | 0.06 | 9.37 |
| MTNN | 178.00 | 194.00 | 16.00 | 8.99 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | % Change |
| THOMASWY | 1.90 | 1.71 | -0.19 | -10.00 |
| CAVERTON | 2.45 | 2.27 | -0.18 | -7.35 |
| WAPIC | 1.79 | 1.70 | -0.09 | -5.03 |
| LIVESTOCK | 4.00 | 3.80 | -0.20 | -5.00 |
| HMCALL | 5.00 | 4.75 | -0.25 | -5.00 |
| NSLTECH | 0.61 | 0.58 | -0.03 | -4.92 |
| UPDCREIT | 5.25 | 5.00 | -0.25 | -4.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| UBA | 36.00 | 563 | 51,169,148 |
| UNIVINSURE | 0.50 | 217 | 49,615,129 |
| CILEASING | 3.82 | 65 | 37,159,025 |
| GTCO | 57.95 | 179 | 17,417,426 |
| ZENITHBANK | 46.00 | 338 | 15,117,074 |
| JAPAULGOLD | 2.19 | 100 | 14,300,933 |
| HONYFLOUR | 6.93 | 340 | 12,522,281 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| UBA | 36.00 | 563 | 1,863,325,521.50 |
| GTCO | 57.95 | 179 | 1,009,254,960.35 |
| ZENITHBANK | 46.00 | 338 | 692,558,134.25 |
| ARADEL | 600.00 | 305 | 369,628,425.10 |
| MTNN | 194.00 | 318 | 302,835,275.90 |
| ACCESSCORP | 24.70 | 302 | 245,971,042.20 |
| FIDELITYBK | 17.50 | 219 | 213,286,014.35 |
OUTLOOK
The market remains optimistic, with sustained investors’ confidence driving bullish momentum. However, cautious trading is expected as profit-taking and year-end adjustments may influence activities in the coming days.
