Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (11/11/2024), as the NGX-ASI increased to 97,373.94 from 97,236.19 recorded at the close of the previous trading day, indicating a YTD return of +30.22%.
Similarly, the market capitalization increased by N83.47 billion to N59.004 trillion from N58.920 trillion recorded at the close of the previous trading day. Also, The market turnover however decreased to N7.518 billion from N9.129 billion.
The market breadth was negative at 0.85X as 23 stocks advanced and 27 stocks declined, while 72 stocks remained unchanged. EUNISELL topped the gainers’ list with 10.00%, while UCAP declined by -9.78% to lead the losers’ chart.
STERLINGNG recorded the highest volume, While UBA recorded the highest value for the day.
Read: NGX Price List for Monday, 11th November 2024
MARKET STATISTICS
| CAP | N59,003,751,154,826.75 | One Day (ASI CHG) | 0.14% |
| Index | 97,373.94 | One Week (ASI CHG) | 0.48% |
| Volume | 297,829,975 | One Month (ASI CHG) | -0.24% |
| Value | N7,517,554,221.09 | Six Months (ASI CHG) | -0.34% |
| Deals | 9,902 | 52 Weeks (ASI CHG) | 37.90% |
| Gainers | 23 | Losers | 27 |
| Unchanged | 72 | Total | 122 |
| YTD Returns | +30.22% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.14 |
| NGX30 | -0.23 |
| NGXBNK | -0.81 |
| NGXCNSMRGDS | -0.10 |
| NGXINDUSTR | -0.03 |
| NGXINS | 0.23 |
| NGXLOTUSISLM | -0.66 |
| NGXOILGAS | 0.16 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Change Price (N) | %Change |
| EUNISELL | 8.20 | 9.02 | 0.82 | 10.00 |
| ARADEL | 485.30 | 533.80 | 48.50 | 9.99 |
| JOHNHOLT | 4.81 | 5.29 | 0.48 | 9.98 |
| DEAPCAP | 1.07 | 1.17 | 0.10 | 9.35 |
| CUSTODIAN | 11.60 | 12.60 | 1.00 | 8.62 |
| TANTALIZER | 0.56 | 0.60 | 0.04 | 7.14 |
| ROYALEX | 0.58 | 0.62 | 0.04 | 6.90 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | %Change |
| UCAP | 17.90 | 16.15 | -1.75 | -9.78 |
| SOVRENINS | 0.69 | 0.64 | -0.05 | -7.25 |
| PRESTIGE | 0.60 | 0.56 | -0.04 | -6.67 |
| CONHALLPLC | 1.70 | 1.60 | -0.10 | -5.88 |
| TRIPPLEG | 1.82 | 1.72 | -0.10 | -5.49 |
| CAVERTON | 1.92 | 1.82 | -0.10 | -5.21 |
| STERLINGNG | 5.25 | 5.00 | -0.25 | -4.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| STERLINGNG | 5.00 | 168 | 36,131,776 |
| UBA | 30.95 | 876 | 33,496,744 |
| ACCESSCORP | 24.00 | 614 | 24,595,015 |
| FLOURMILL | 65.00 | 61 | 15,034,311 |
| FBNH | 27.30 | 273 | 14,523,272 |
| UNIVINSURE | 0.32 | 48 | 12,853,715 |
| OANDO | 68.50 | 794 | 11,879,330 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| UBA | 30.95 | 876 | 1,041,350,467.70 |
| ARADEL | 533.80 | 323 | 1,002,109,572.40 |
| FLOURMILL | 65.00 | 61 | 977,286,831.10 |
| OANDO | 68.50 | 794 | 809,080,877.25 |
| GTCO | 53.60 | 289 | 617,938,897.85 |
| ACCESSCORP | 24.00 | 614 | 590,090,578.85 |
| ZENITHBANK | 41.60 | 488 | 405,695,352.20 |
OUTLOOK
Equities market opened the trading week with positive sentiment, establishing investors confidence. It is expected that the market sentiment will continue in the positive direction throughout the remaining days of the week as Companies continue to release their corporate disclosures.
