Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (07/10/2024), as the NGX-ASI increased to 97,706.70 from 97,520.54 recorded at the close of the previous trading day; indicating a YTD return of +30.67%.
Similarly, the market capitalization increased by N107.03 billion to N56.146 trillion from N56.039 trillion recorded at the close of the previous trading day. The market turnover however decreased to N5.962 billion from N6.022 billion.
The market breadth was positive at 1.22X as 28 stocks advanced and 23 stocks declined, while 67 stocks remained unchanged. FIDELITYBK topped the gainers’ list with 10.00%, while SCOA declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and highest value for the day.
Read: NGX Price List for Monday, 7th October 2024
MARKET STATISTICS
| CAP | N56,145,653,954,790.25 | One Day (ASI CHG) | 0.19% |
| Index | 97,706.70 | One Week (ASI CHG) | -0.86% |
| Volume | 1,308,714,515 | One Month (ASI CHG) | +1.32% |
| Value | N5,961,612,488.15 | Six Months (ASI CHG) | -5.18% |
| Deals | 10,424 | 52 Weeks (ASI CHG) | +45.61% |
| Gainers | 28 | Losers | 23 |
| Unchanged | 67 | Total | 118 |
| YTD Returns | +30.67% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.19 |
| NGX30 | 0.15 |
| NGXBNK | 0.81 |
| NGXCNSMRGDS | 0.40 |
| NGXINDUSTR | -0.14 |
| NGXINS | -0.50 |
| NGXLOTUSISLM | 0.46 |
| NGXOILGAS | 0.22 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| FIDELITYBK | 13.00 | 14.30 | 1.30 | 10.00 |
| ABCTRANS | 1.23 | 1.35 | 0.12 | 9.76 |
| LIVESTOCK | 3.28 | 3.60 | 0.32 | 9.76 |
| REGALINS | 0.46 | 0.50 | 0.04 | 8.70 |
| ELLAHLAKES | 4.50 | 4.88 | 0.38 | 8.44 |
| REDSTAREX | 3.80 | 4.08 | 0.28 | 7.37 |
| MAYBAKER | 6.80 | 7.25 | 0.45 | 6.62 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| SCOA | 1.90 | 1.71 | -0.19 | -10.00 |
| BERGER | 21.10 | 19.00 | -2.10 | -9.95 |
| TRIPPLEG | 2.49 | 2.25 | -0.24 | -9.64 |
| GUINEAINS | 0.48 | 0.44 | -0.04 | -8.33 |
| THOMASWY | 1.98 | 1.83 | -0.15 | -7.58 |
| WAPIC | 0.83 | 0.77 | -0.06 | -7.23 |
| LINKASSURE | 0.99 | 0.92 | -0.07 | -7.07 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| UBA | 28.00 | 926 | 38,118,747 |
| ACCESSCORP | 19.55 | 581 | 23,357,883 |
| CAVERTON | 2.50 | 286 | 21,632,785 |
| GTCO | 49.00 | 576 | 16,030,208 |
| ELLAHLAKES | 4.88 | 240 | 14,648,506 |
| STERLINGNG | 5.00 | 182 | 12,634,090 |
| NB | 30.00 | 116 | 12,169,088 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| UBA | 28.00 | 926 | 1,061,588,475.95 |
| GTCO | 49.00 | 576 | 776,411,307.95 |
| ACCESSCORP | 19.55 | 581 | 459,727,356.70 |
| OANDO | 77.00 | 589 | 400,996,912.05 |
| ZENITHBANK | 37.50 | 395 | 370,187,679.40 |
| NB | 30.00 | 116 | 365,067,747.40 |
| FLOURMILL | 62.00 | 127 | 341,311,483.20 |
OUTLOOK
The Nigerian Stock Market recorded an increase at the end of today’s trading session. Our outlook foresees an upturn in market’s sentiment, suggesting a bullish trend throughout the remaining days of the week.
