ASI Dips By 0.12% As Equities Market Closes Bearish.

Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (12/11/2024), as the NGX-ASI decreased to 97,260.39 from 97,373.94 recorded at the close of the previous trading day, indicating a YTD return of +30.07%.

Similarly, the market capitalization decreased by N68.43 billion to N58.935 trillion from N59.004 trillion recorded at the previous trading day’s close. The market turnover however increased to N9.262 billion from N7.518 billion.

The market breadth was negative at 0.71X as 20 stocks advanced and 28 stocks declined, while 71 stocks remained unchanged. EUNISELL topped the gainers’ list with 9.98%, while VFDGROUP declined by -10.00% to lead the losers’ chart.

UCAP recorded the highest volume, while ARADEL recorded the highest value for the day.

Read: NGX Price List for Tuesday, 12th November 2024

MARKET STATISTICS

CAP₦58,935,101,344,397.78One Day (ASI CHG)-0.12%
Index97,260.39One Week (ASI CHG)+0.14%
Volume350,379,154One Month (ASI CHG)-0.35%
Value₦9,262,192,390.42Six Months (ASI CHG)-0.22%
Deals10,22452 Weeks (ASI CHG)+37.29%
Gainers20Losers 28
Unchanged71Total119
YTD Returns+30.07%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-0.12
NGX30+0.06
NGXBNK+0.49
NGXCNSMRGDS-0.86
NGXINDUSTR0.00
NGXINS+0.08
NGXLOTUSISLM-0.38
NGXOILGAS+0.02

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)% Change
EUNISELL9.029.920.909.98
JOHNHOLT5.295.810.529.83
SUNUASSUR2.062.260.209.71
UNIVINSURE0.320.340.026.25
REGALINS0.480.500.024.17
DEAPCAP1.171.200.032.56
UBA30.9531.650.702.26

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)% Change
VFDGROUP45.0040.50-4.50-10.00
ROYALEX0.620.56-0.06-9.68
OANDO68.5062.05-6.45-9.42
THOMASWY1.921.75-0.17-8.85
DANGSUGAR30.0028.55-1.45-4.83
IKEJAHOTEL8.057.70-0.35-4.35
GUINEAINS0.460.44-0.02-4.35

Top 7 Traded Stocks By Volume

SecurityClose Price (₦)Number of TradesVolume
UCAP16.001,20276,764,351
ACCESSCORP24.1049825,914,499
UBA31.6550222,890,570
OANDO62.0595518,241,352
GTCO53.6524715,685,163
VERITASKAP1.277214,999,148
ZENITHBANK42.0034513,533,694

Top 7 Traded Stocks By Value

SecurityClose Price (₦)Number of TradesValue (₦)
ARADEL533.808871,548,030,206.90
UCAP16.001,2021,176,677,290.45
OANDO62.059551,144,159,088.45
GTCO53.65247840,959,270.65
UBA31.65502722,877,884.65
ACCESSCORP24.10498624,369,045.25
MTNN170.00383597,663,459.70

OUTLOOK

Equities Market Suffers Dip at Close of Today’s Trading on Profit-Taking Sentiment by Investors, Reversing the Previous Day’s Impressive Performance. The Market is Expected to Continue with Mixed Performance Throughout the Week as Companies Release Their Corporate Disclosures.

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