Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (28/11/2024), as the NGX-ASI increased to 97,783.81 from 97,296.57 recorded at the close of the previous trading day, indicating a YTD return of +30.77%.
Similarly, the market capitalization increased by N306 billion to N59.275 trillion from N58.969 trillion recorded at the previous trading day’s close. However, the market turnover increased to N10.811 billion from N10.285 billion.
The market breadth was negative at 0.93X as 27 stocks advanced and 29 stocks declined, while 66 stocks remained unchanged. VITAFOAM topped the gainers’ list with 9.81%, while PRESTIGE declined by -10.00% to lead the losers’ chart.
FBNH recorded the highest volume and the highest value for the day.
Read: NGX Price List for Thursday, 28th November 2024
MARKET STATISTICS
| CAP | N59,275,306,481,987.67 | One Day (ASI CHG) | +0.50% |
| Index | 97,783.81 | One Week (ASI CHG) | -0.21% |
| Volume | 632,741,250 | One Month (ASI CHG) | -0.28% |
| Value | N10,811,026,140.13 | Six Months (ASI CHG) | -1.50% |
| Deals | 8,404 | 52 Weeks (ASI CHG) | 37.02% |
| Gainers | 27 | Losers | 29 |
| Unchanged | 66 | Total | 122 |
| YTD Returns | +30.77% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.50 |
| NGX30 | +0.16 |
| NGXBNK | +0.74 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | +0.15 |
| NGXINS | +0.23 |
| NGXLOTUSISLM | +0.35 |
| NGXOILGAS | -0.5 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| VITAFOAM | 21.40 | 23.50 | 2.10 | 9.81 |
| ARADEL | 473.30 | 517.00 | 43.70 | 9.23 |
| FTNCOCOA | 1.79 | 1.93 | 0.14 | 7.82 |
| SOVRENINS | 0.64 | 0.68 | 0.04 | 6.25 |
| OANDO | 62.00 | 65.35 | 3.35 | 5.40 |
| LINKASSURE | 0.91 | 0.95 | 0.04 | 4.40 |
| REGALINS | 0.49 | 0.51 | 0.02 | 4.08 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| PRESTIGE | 0.90 | 0.81 | -0.09 | -10.00 |
| UNILEVER | 29.60 | 26.65 | -2.95 | -9.97 |
| AUSTINLAZ | 2.41 | 2.17 | -0.24 | -9.96 |
| JOHNHOLT | 9.90 | 8.92 | -0.98 | -9.90 |
| ETERNA | 22.35 | 20.80 | -1.55 | -6.94 |
| IKEJAHOTEL | 8.00 | 7.45 | -0.55 | -6.88 |
| JAPAULGOLD | 2.36 | 2.21 | -0.15 | -6.36 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| FBNH | 25.55 | 296 | 166,763,692 |
| HMCALL | 5.66 | 146 | 119,297,728 |
| GUINEAINS | 0.50 | 113 | 41,316,712 |
| CUTIX | 2.35 | 47 | 38,530,490 |
| ACCESSCORP | 23.10 | 379 | 20,573,497 |
| OANDO | 65.35 | 682 | 18,780,666 |
| STERLINGNG | 4.80 | 170 | 17,696,726 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| FBNH | 25.55 | 296 | 4,184,471,823.30 |
| OANDO | 65.35 | 682 | 1,239,452,716.10 |
| WAPCO | 59.00 | 208 | 827,695,705.15 |
| HMCALL | 5.66 | 146 | 669,808,899.43 |
| ZENITHBANK | 44.00 | 361 | 647,523,349.25 |
| ACCESSCORP | 23.10 | 379 | 473,624,228.35 |
| ARADEL | 517.00 | 458 | 413,063,021.50 |
OUTLOOK
The Nigerian Equities Market witnessed a substantial surge, closing today’s trading session with remarkable gains. Buying activity drove prices up, this gives the inkling that the equities market would close positive for the week should this trajectory be maintained.
