Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (24/09/2024), as the NGX-ASI increased to 98,568.59 from 98,386.60 recorded at the close of the previous trading day; indicating a YTD return of +31.82%.
Similarly, the market capitalization increased by N104.58 billion to N56.641 trillion from N56.536 trillion recorded at the close of the previous trading day. The market turnover also increased to N11.781 billion from N8.293 billion.
The market breadth was positive at 1.67X as 35 stocks advanced and 21 stocks declined, while 61 stocks remained unchanged. NIDF topped the gainers’ list with 9.94%, while OANDO declined by -10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and highest value for the day.
Read: NGX Price List for Tuesday, 24th September 2024
MARKET STATISTICS
| CAP | N56,316,181,050,411.92 | One Day (ASI CHG) | 0.18% |
| Index | 98,568.59 | One Week (ASI CHG) | 0.90% |
| Volume | 763,000,094 | One Month (ASI CHG) | 2.70% |
| Value | N11,780,547,933.48 | Six Months (ASI CHG) | -5.18% |
| Deals | 12,081 | 52 Weeks (ASI CHG) | 47.89% |
| Gainers | 35 | Losers | 21 |
| Unchanged | 61 | Total | 117 |
| YTD Returns | +31.82% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.18 |
| NGX30 | 0.32 |
| NGXBNK | 3.01 |
| NGXCNSMRGDS | -0.28 |
| NGXINDUSTR | 0.04 |
| NGXINS | 2.16 |
| NGXLOTUSISLM | -2.41 |
| NGXOILGAS | -0.11 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| NIDF | 101.60 | 111.70 | 10.10 | 9.94 |
| FBNH | 28.20 | 31.00 | 2.80 | 9.93 |
| ELLAHLAKES | 3.38 | 3.71 | 0.33 | 9.76 |
| FIDELITYBK | 14.95 | 16.40 | 1.45 | 9.70 |
| ABCTRANS | 1.05 | 1.15 | 0.10 | 9.52 |
| WEMABANK | 7.45 | 8.15 | 0.70 | 9.40 |
| MANSARD | 5.40 | 5.90 | 0.50 | 9.26 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| OANDO | 80.00 | 72.00 | -8.00 | -10.00 |
| OKOMUOIL | 417.70 | 376.00 | -41.70 | -9.98 |
| CAVERTON | 4.05 | 3.65 | -0.40 | -9.88 |
| MULTIVERSE | 11.20 | 10.10 | -1.10 | -9.82 |
| FIDSON | 17.45 | 15.75 | -1.70 | -9.74 |
| FTNCOCOA | 1.65 | 1.49 | -0.16 | -9.70 |
| LEARNAFRCA | 3.62 | 3.27 | -0.35 | -9.67 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FIDELITYBK | 16.40 | 902.00 | 126,085,319 |
| TRANSCORP | 11.40 | 406.00 | 103,397,798 |
| UBA | 25.40 | 839.00 | 73,538,030 |
| CAVERTON | 3.65 | 517.00 | 43,674,659 |
| ELLAHLAKES | 3.71 | 253.00 | 42,138,650 |
| JAIZBANK | 2.50 | 234.00 | 35,779,914 |
| STERLINGNG | 4.60 | 316.00 | 31,159,602 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| FIDELITYBK | 16.40 | 902.00 | 2,008,796,910.35 |
| UBA | 25.40 | 839.00 | 1,857,016,715.40 |
| OANDO | 72.00 | 1085.00 | 1,437,519,725.00 |
| TRANSCORP | 11.40 | 406.00 | 1,168,223,461.30 |
| FBNH | 31.00 | 478.00 | 749,077,495.15 |
| ZENITHBANK | 37.60 | 481.00 | 700,825,699.20 |
| OKOMUOIL | 376.00 | 58.00 | 618,823,873.70 |
OUTLOOK
Bullish sentiment persists as the Nigerian exchange continues in green for the second trading day of the week. It is expected that the market will continue in this direction for the remaining days of the week.
