Trading activities in the Nigerian Equities market closed Positive at the end of today, Thursday (12/09/2024), as the NGX-ASI increased to 97,025.17 from 96,715.04 recorded at the close of the previous trading day; indicating a YTD return of +29.76%.
Similarly, the market capitalization increased by N178.22 billion to N55.753 trillion from N55.575 trillion recorded at the close of the previous trading day. However, the market turnover decreased to N7.974 billion from N8.805 billion.
The market breadth was positive at 1.18X as 26 stocks advanced and 22 stocks declined, while 67 stocks remained unchanged. FBNH topped the gainers’ list with 10.00%, while DAARCOMM declined by 8.86% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and highest value for the day.
Read: NGX Price List for Thursday, 12th September 2024
MARKET STATISTICS
| CAP | N55,753,857,724,567.27 | One Day (ASI CHG) | 0.32% |
| Index | 97,025.17 | One Week (ASI CHG) | +0.85% |
| Volume | 390,546,861 | One Month (ASI CHG) | -0.37% |
| Value | N7,974,123,891.00 | Six Months (ASI CHG) | -6.76% |
| Deals | 9,615 | 52 Weeks (ASI CHG) | +44.09% |
| Gainers | 26 | Losers | 22 |
| Unchanged | 67 | Total | 115 |
| YTD Returns | +29.76% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.32 |
| NGX30 | 0.36 |
| NGXBNK | 1.52 |
| NGXCNSMRGDS | 0.55 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.41 |
| NGXLOTUSISLM | -0.2 |
| NGXOILGAS | -0.63 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| FBNH | 24.00 | 26.40 | 2.40 | 10.00 |
| CAVERTON | 2.10 | 2.31 | 0.21 | 10.00 |
| FLOURMILL | 45.05 | 49.55 | 4.50 | 9.99 |
| RTBRISCOE | 3.02 | 3.32 | 0.30 | 9.93 |
| NESTLE | 810.00 | 890.00 | 80.00 | 9.88 |
| SCOA | 1.73 | 1.90 | 0.17 | 9.83 |
| ETRANZACT | 7.30 | 8.00 | 0.70 | 9.59 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| DAARCOMM | 0.79 | 0.72 | -0.07 | -8.86 |
| ETERNA | 35.00 | 32.15 | -2.85 | -8.14 |
| UNIVINSURE | 0.39 | 0.36 | -0.03 | -7.69 |
| SOVRENINS | 0.67 | 0.63 | -0.04 | -5.97 |
| INTBREW | 4.70 | 4.45 | -0.25 | -5.32 |
| OMATEK | 0.76 | 0.72 | -0.04 | -5.26 |
| CORNERST | 2.45 | 2.33 | -0.12 | -4.90 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| ACCESSCORP | 18.70 | 434 | 80,049,201 |
| FBNH | 26.40 | 476 | 51,982,436 |
| UBA | 23.90 | 515 | 31,107,568 |
| CAVERTON | 2.31 | 258 | 23,727,546 |
| ZENITHBANK | 37.00 | 522 | 19,274,929 |
| JAPAULGOLD | 2.60 | 205 | 14,961,854 |
| UNIVINSURE | 0.36 | 56 | 12,096,336 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value(N) |
| ACCESSCORP | 18.70 | 434 | 1,475,331,541.75 |
| FBNH | 26.40 | 476 | 1,341,484,071.15 |
| OANDO | 90.70 | 1,113 | 811,678,031.10 |
| UBA | 23.90 | 515 | 745,582,105.85 |
| ZENITHBANK | 37.00 | 522 | 712,449,831.45 |
| MTNN | 192.50 | 323 | 426,907,998.70 |
| NESTLE | 890.00 | 140 | 380,535,319.30 |
OUTLOOK
Equities market recovered from previous day’s negative performance to close positive at the end of today’s trading. We anticipate positive performance as we approach the end of the week.
