Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (11/09/2024), as the NGX-ASI decreased to 96,715.04 from 96,802.80 recorded at the close of the previous trading day; indicating a YTD return of +29.34%.
Similarly, the market capitalization decreased by N50 billion to N55.575 trillion from N55.626 trillion recorded at the close of the previous trading day. However, the market turnover decreased to N8.805 billion from N13.313 billion.
The market breadth was positive at 1.20X as 30 stocks advanced and 25 stocks declined, while 59 stocks remained unchanged. CAVERTON topped the gainers’ list with 9.95%, while CWG declined by 10.00% to lead the losers’ chart.
JAIZBANK recorded the highest volume while OANDO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 11th September 2024
MARKET STATISTICS
| CAP | N55,575,644,850,971.14 | One Day (ASI CHG) | -0.09% |
| Index | 96,715.04 | One Week (ASI CHG) | +0.18% |
| Volume | 600,043,927 | One Month (ASI CHG) | -1.90% |
| Value | N8,805,421,319.69 | Six Months (ASI CHG) | -7.01% |
| Deals | 9,546 | 52 Weeks (ASI CHG) | +43.54% |
| Gainers | 30 | Losers | 25 |
| Unchanged | 59 | Total | 114 |
| YTD Returns | +29.34% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.09 |
| NGX30 | -0.19 |
| NGXBNK | 0.64 |
| NGXCNSMRGDS | 0.27 |
| NGXINDUSTR | 0.01 |
| NGXINS | -1.44 |
| NGXLOTUSISLM | 0.70 |
| NGXOILGAS | 1.73 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| CAVERTON | 1.91 | 2.10 | 0.19 | 9.95 |
| REDSTAREX | 3.51 | 3.85 | 0.34 | 9.69 |
| UPDC | 1.35 | 1.48 | 0.13 | 9.63 |
| BERGER | 18.75 | 20.50 | 1.75 | 9.33 |
| CONOIL | 154.00 | 168.00 | 14.00 | 9.09 |
| ETRANZACT | 6.75 | 7.30 | 0.55 | 8.15 |
| CUTIX | 2.80 | 2.96 | 0.16 | 5.71 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| CWG | 6.00 | 5.40 | -0.60 | -10.00 |
| NNFM | 48.30 | 43.50 | -4.80 | -9.94 |
| ACADEMY | 2.92 | 2.63 | -0.29 | -9.93 |
| LEARNAFRCA | 3.73 | 3.36 | -0.37 | -9.92 |
| SCOA | 1.92 | 1.73 | -0.19 | -9.90 |
| TANTALIZER | 0.78 | 0.71 | -0.07 | -8.97 |
| JBERGER | 153.45 | 140.00 | -13.45 | -8.77 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| JAIZBANK | 2.25 | 73.00 | 545,605,364 |
| UBA | 24.00 | 487.00 | 956,950,428 |
| ACCESSCORP | 18.40 | 457.00 | 520,359,367 |
| OANDO | 87.50 | 1,409.00 | 2,438,967,272 |
| RTBRISCOE | 3.02 | 334.00 | 72,412,416 |
| JAPAULGOLD | 2.63 | 275.00 | 57,650,094 |
| ZENITHBANK | 37.00 | 511.00 | 700,919,147 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| OANDO | 87.50 | 1,409.00 | 2,438,967,272.00 |
| UBA | 24.00 | 487.00 | 956,950,428.05 |
| ZENITHBANK | 37.00 | 511.00 | 700,919,146.75 |
| GTCO | 45.45 | 209.00 | 570,802,593.50 |
| JAIZBANK | 2.25 | 73.00 | 545,605,364.12 |
| ACCESSCORP | 18.40 | 457.00 | 520,359,366.75 |
| PRESCO | 485.40 | 110.00 | 441,678,296.50 |
OUTLOOK
The Nigerian Equities Market experienced loss at the end of today’s trading. However, it is expected that the market performance will be mixed in the remaining days of the week.
