Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (7/11/2024), as the NGX-ASI increased to 96,924.86 from 96,567.24 recorded at the close of the previous trading day, indicating a YTD return of +29.62%.
Similarly, the market capitalization increased by N216.82 billion to 58.731.83 trillion from 58.514 trillion recorded at the close of the previous trading day. Also, The market turnover increased to N16.477 billion from N10.041 billion.
The market breadth was positive at 1.82X as 31 stocks advanced and 17 stocks declined, while 72 stocks remained unchanged. ARADEL topped the gainers’ list with 10.00%, while TANTALIZER declined by -6.25% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume ,While JBERGER recorded the highest value for the day.
Read: NGX Price List for Thursday, 7th November 2024
MARKET STATISTICS
| CAP | N58,731,628,087,432.85 | One Day (ASI CHG) | 0.37% |
| Index | 96,924.86 | One Week (ASI CHG) | -0.74% |
| Volume | 744,537,143.0 | One Month (ASI CHG) | -0.68% |
| Value | N16,477,740,555.41 | Six Months (ASI CHG) | -1.35% |
| Deals | 9,021 | 52 Weeks (ASI CHG) | 36.86% |
| Gainers | 31 | Losers | 17 |
| Unchanged | 72 | Total | 120 |
| YTD Returns | +29.62% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.37 |
| NGX30 | -0.05 |
| NGXBNK | -0.38 |
| NGXCNSMRGDS | +0.01 |
| NGXINDUSTR | +0.02 |
| NGXINS | +1.84 |
| NGXLOTUSISLM | +0.32 |
| NGXOILGAS | +1.77 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Change Price (N) | %Change |
| ARADEL | 401.10 | 441.20 | 40.10 | 10.00 |
| CONOIL | 215.00 | 236.50 | 21.50 | 10.00 |
| EUNISELL | 7.46 | 8.20 | 0.74 | 9.92 |
| JOHNHOLT | 3.99 | 4.38 | 0.39 | 9.77 |
| THOMASWY | 1.75 | 1.92 | 0.17 | 9.71 |
| CONHALLPLC | 1.45 | 1.59 | 0.14 | 9.66 |
| NEIMETH | 1.76 | 1.92 | 0.16 | 9.09 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | %Change |
| TANTALIZER | 0.64 | 0.60 | -0.04 | -6.25 |
| NGXGROUP | 24.95 | 23.50 | -1.45 | -5.81 |
| WEMABANK | 8.00 | 7.55 | -0.45 | -5.63 |
| RTBRISCOE | 3.14 | 3.00 | -0.14 | -4.46 |
| FCMB | 9.75 | 9.40 | -0.35 | -3.59 |
| PRESTIGE | 0.60 | 0.58 | -0.02 | -3.33 |
| ROYALEX | 0.60 | 0.58 | -0.02 | -3.33 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| JAPAULGOLD | 2.16 | 87 | 105,928,822 |
| ELLAHLAKES | 3.56 | 117 | 92,002,217 |
| FBNH | 27.25 | 272 | 70,599,141 |
| OANDO | 70.00 | 1,781 | 57,162,818 |
| UBA | 31.00 | 897 | 36,502,006 |
| ACCESSCORP | 24.40 | 532 | 28,612,203 |
| JBERGER | 172.50 | 104 | 26,577,938 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| JBERGER | 172.50 | 104 | 4,552,232,598.45 |
| OANDO | 70.00 | 1781 | 3,593,994,344.55 |
| FBNH | 27.25 | 272 | 1,927,468,701.05 |
| UBA | 31.00 | 897 | 1,143,457,130.30 |
| GTCO | 53.50 | 251 | 702,482,869.70 |
| ACCESSCORP | 24.40 | 532 | 693,246,181.30 |
| ARADEL | 441.20 | 257 | 566,015,021.50 |
OUTLOOK
Equities market recovered from previous day’s negative performance to close positive at the end of today’s trading. We anticipate positive performance as we approach the end of the week.
