Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (15/10/2024), as the NGX-ASI increased to 98,540.93 from 98,215.13 recorded at the close of the previous trading day; indicating a YTD return of +31.79%.
Similarly, the market capitalization increased by N197 billion to N59.707 trillion from N59.510 trillion recorded at the close of the previous trading day. The market turnover also increased to N26.817 billion from N19.708 billion.
The market breadth was negative at 0.54X as 15 stocks advanced and 28 stocks declined, while 73 stocks remained unchanged. CHAMPION topped the gainers’ list with 9.97%, while CAVERTON declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and ARADEL recorded the highest value for the day.
Read: NGX Price List for Tuesday, 15th October 2024
MARKET STATISTICS
| CAP | N59,707,337,110,716.38 | One Day (ASI CHG) | +0.33% |
| Index | 98,540.93 | One Week (ASI CHG) | +0.98% |
| Volume | 286,044,523 | One Month (ASI CHG) | +1.11% |
| Value | N26,817,025,781.27 | Six Months (ASI CHG) | -2.16% |
| Deals | 9,650 | 52 Weeks (ASI CHG) | +46.36% |
| Gainers | 15 | Losers | 28 |
| Unchanged | 73 | Total | 116 |
| YTD Returns | +31.79% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.33 |
| NGX30 | -0.11 |
| NGXBNK | -0.78 |
| NGXCNSMRGDS | +0.07 |
| NGXINDUSTR | 0.00 |
| NGXINS | -2.11 |
| NGXLOTUSISLM | -0.32 |
| NGXOILGAS | +0.13 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| CHAMPION | 3.11 | 3.42 | 0.31 | 9.97 |
| TANTALIZER | 0.55 | 0.60 | 0.05 | 9.09 |
| OANDO | 71.90 | 77.60 | 5.70 | 7.93 |
| ARADEL | 772.90 | 820.00 | 47.10 | 6.09 |
| ETERNA | 24.70 | 25.90 | 1.20 | 4.86 |
| UPDC | 1.47 | 1.52 | 0.05 | 3.40 |
| GTCO | 49.90 | 51.50 | 1.60 | 3.21 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| CAVERTON | 2.60 | 2.34 | -0.26 | -10.00 |
| TRIPPLEG | 2.01 | 1.81 | -0.20 | -9.95 |
| CILEASING | 3.98 | 3.59 | -0.39 | -9.80 |
| JAIZBANK | 2.39 | 2.17 | -0.22 | -9.21 |
| ABCTRANS | 1.32 | 1.20 | -0.12 | -9.09 |
| DEAPCAP | 1.32 | 1.20 | -0.12 | -9.09 |
| WAPIC | 0.88 | 0.81 | -0.07 | -7.95 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| ACCESSCORP | 19.85 | 334 | 45,945,148 |
| ZENITHBANK | 37.50 | 351 | 30,379,017 |
| ARADEL | 820.00 | 2,288 | 25,020,166 |
| UBA | 24.50 | 631 | 16,862,389 |
| VERITASKAP | 1.54 | 87 | 15,133,428 |
| STERLINGNG | 4.95 | 225 | 13,204,717 |
| JAPAULGOLD | 2.36 | 160 | 10,353,514 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| ARADEL | 820.00 | 2,288 | 20,755,822,618.50 |
| SEPLAT | 5,217.20 | 77 | 1,175,729,305.00 |
| ZENITHBANK | 37.50 | 351 | 1,139,377,815.40 |
| ACCESSCORP | 19.85 | 334 | 928,509,957.90 |
| OANDO | 77.60 | 636 | 773,513,877.85 |
| UBA | 24.50 | 631 | 412,927,154.20 |
| GTCO | 51.50 | 315 | 288,441,035.70 |
OUTLOOK
The Equities Market sustained rally contrary to the news of the new inflation rate (32.70%) released earlier today. Market maintained a positive stride, however, performance was halved the previous day. We foresee a prominent positive trend as investors continue to whet their appetite with more Q3 financial releases.
