Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (31/10/2024), as the NGX-ASI decreased to 97,651.23 from 98,023.23 recorded at the close of the previous trading day; indicating a YTD return of +30.60%.
Similarly, the market capitalization decreased by N225 billion to N59.171 trillion from N59.397 trillion recorded at the close of the previous trading day. While the market turnover decreased to N10.010 billion from N15.301 billion.
The market breadth was positive at 0.92X as 24 stocks advanced and 26 stocks declined, while 71 stocks remained unchanged. SUNUASSUR topped the gainers’ list with 10.00%, while VERITASKAP 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 Thursday, 31th October 2024
MARKET STATISTICS
| CAP | N59,171,509,931,202.16 | One Day (ASI CHG) | -0.38% |
| Index | 97,651.23 | One Week (ASI CHG) | -1.55% |
| Volume | 536,787,171 | One Month (ASI CHG) | -0.92% |
| Value | N10,010,993,196.88 | Six Months (ASI CHG) | -1.13% |
| Deals | 9,053 | 52 Weeks (ASI CHG) | +39.42% |
| Gainers | 24 | Losers | 26 |
| Unchanged | 71 | Total | 121 |
| YTD Returns | +30.60% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.38 |
| NGX30 | -0.03 |
| NGXBNK | 0.28 |
| NGXCNSMRGDS | -0.06 |
| NGXINDUSTR | -0.09 |
| NGXINS | 1.12 |
| NGXLOTUSISLM | -0.29 |
| NGXOILGAS | +1.27 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price(N) | Price (N) | % Change |
| SUNUASSUR | 1.90 | 2.09 | 0.19 | 10.00 |
| EUNISELL | 4.65 | 5.11 | 0.46 | 9.89 |
| UPL | 3.08 | 3.38 | 0.30 | 9.74 |
| CORNERST | 2.50 | 2.74 | 0.24 | 9.60 |
| PRESTIGE | 0.54 | 0.59 | 0.05 | 9.26 |
| CONOIL | 173.45 | 189.30 | 15.85 | 9.14 |
| JOHNHOLT | 2.75 | 3.00 | 0.25 | 9.09 |
Top 7 Losers
| Security | Previous Close (N) | Close Price(N) | Price (N) | % Change |
| VERITASKAP | 1.60 | 1.44 | -0.16 | -10.00 |
| ARADEL | 550.10 | 495.10 | -55.00 | -10.00 |
| NSLTECH | 0.66 | 0.60 | -0.06 | -9.09 |
| RTBRISCOE | 3.35 | 3.05 | -0.30 | -8.96 |
| BETAGLAS | 48.95 | 45.40 | -3.55 | -7.25 |
| CWG | 6.35 | 6.05 | -0.30 | -4.72 |
| CAVERTON | 2.18 | 2.08 | -0.10 | -4.59 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| UBA | 29.80 | 512 | 74,256,520 |
| UACN | 21.80 | 91 | 55,075,965 |
| CHAMS | 2.06 | 105 | 53,262,256 |
| JAIZBANK | 2.36 | 118 | 46,010,624 |
| VERITASKAP | 1.44 | 166 | 40,257,034 |
| PRESTIGE | 0.59 | 105. | 32,082,855 |
| STERLINGNG | 4.90 | 204 | 20,929,996 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| UBA | 29.80 | 512 | 2,199,284,931.05 |
| UACN | 21.80 | 91 | 1,187,058,353.30 |
| ARADEL | 495.10 | 723 | 939,748,484.20 |
| SEPLAT | 5700.00 | 111 | 497,722,499.80 |
| ZENITHBANK | 9.95 | 367 | 440,183,574.40 |
| ACCESSCORP | 22.05 | 414 | 437,031,219.45 |
| GTCO | 53.70 | 376 | 413,233,002.60 |
OUTLOOK
The Nigerian equities market closed in the red at the end of today’s trading session. Investor sell-offs contributed to the downturn, we foresee a mixed sentiments in the remaining day of the week as companies release Q3 financial results.
