Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (5/11/2024), as the NGX-ASI increased to 97,123.61 from 96,907.73 recorded at the close of the previous trading day; indicating a YTD return of +29.89%.
Similarly, the market capitalization increased by N131 billion to N58.852 trillion from N58.721 trillion recorded at the close of the previous trading day. Also, The market turnover increased to N25.570 billion from N14.234 billion.
The market breadth was positive at 1.24X as 26 stocks advanced and 21 stocks declined, while 72 stocks remained unchanged. CONOIL topped the gainers’ list with 9.93%, while OANDO declined by -9.98% to lead the losers’ chart.
UBA recorded the highest volume and the highest value for the day.
Read: NGX Price List for Tuesday, 5th November 2024
MARKET STATISTICS
| CAP | N58,851,926,944,698.86 | One Day (ASI CHG) | -0.54% |
| Index | 97,123.61 | One Week (ASI CHG) | -0.95% |
| Volume | 3,602,242,064 | One Month (ASI CHG) | -0.41% |
| Value | N25,569,805,861.59 | Six Months (ASI CHG) | -1.12% |
| Deals | 10,679 | 52 Weeks (ASI CHG) | +37.54% |
| Gainers | 26 | Losers | 21 |
| Unchanged | 72 | Total | 119 |
| YTD Returns | +29.89% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.22 |
| NGX30 | +0.43 |
| NGXBNK | +3.16 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | -0.06 |
| NGXINS | -1.33 |
| NGXLOTUSISLM | -0.12 |
| NGXOILGAS | +1.55 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | % Change |
| CONOIL | 189.30 | 208.10 | 18.80 | 9.93 |
| JOHNHOLT | 3.63 | 3.99 | 0.36 | 9.92 |
| UBA | 31.90 | 35.05 | 3.15 | 9.87 |
| EUNISELL | 6.18 | 6.79 | 0.61 | 9.87 |
| PZ | 23.00 | 24.95 | 1.95 | 8.48 |
| NGXGROUP | 23.50 | 24.95 | 1.45 | 6.17 |
| ZENITHBANK | 40.65 | 43.00 | 2.35 | 5.78 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | % Change |
| OANDO | 80.70 | 72.65 | -8.05 | -9.98 |
| DAARCOMM | 0.62 | 0.56 | -0.06 | -9.68 |
| REGALINS | 0.46 | 0.43 | -0.03 | -6.52 |
| VERITASKAP | 1.28 | 1.20 | -0.08 | -6.25 |
| GUINEAINS | 0.47 | 0.45 | -0.02 | -4.26 |
| NB | 28.00 | 27.00 | -1.00 | -3.57 |
| UNIVINSURE | 0.34 | 0.33 | -0.01 | -2.94 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| UBA | 35.05 | 1,479 | 201,959,256 |
| ZENITHBANK | 43.00 | 592 | 46,355,238 |
| VERITASKAP | 1.20 | 218 | 34,661,358 |
| JBERGER | 172.50 | 119 | 26,254,965 |
| NB | 27.00 | 65 | 22,393,815 |
| STERLINGNG | 4.95 | 205 | 22,143,857 |
| GTCO | 55.10 | 286 | 20,056,308 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| UBA | 35.05 | 1,479 | 6,738,743,710.55 |
| JBERGER | 172.50 | 119 | 4,520,705,583.15 |
| ZENITHBANK | 43.00 | 592 | 1,959,526,712.55 |
| ARADEL | 401.10 | 899 | 1,175,163,694.50 |
| GTCO | 55.10 | 286 | 1,102,110,390.40 |
| SEPLAT | 5,700.00 | 71 | 921,578,860.20 |
| NB | 27.00 | 65 | 604,702,920.35 |
OUTLOOK
The All-Share Index’s (ASI) 0.22% gain signals a potential shift in market sentiment, offering a break from its prior downward trend. This positive movement may be an indication of renewed investor confidence, possibly driven by improved corporate earnings. Consistent gains will depend on sustained investor confidence and favorable macroeconomic conditions.
