Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (02/10/2024), as the NGX-ASI decreased to 98,232.39 from 98,523.56 recorded at the close of the previous trading day; indicating a YTD return of +31.37%.
Similarly, the market capitalization decreased by N187.56 billion to N56.447 trillion from N56.614 trillion recorded at the close of the previous trading day. The market turnover also decreased to N8.450 billion from N111.411 billion.
The market breadth was negative at 0.77X as 24 stocks advanced and 31 stocks declined, while 63 stocks remained unchanged. INTBREW topped the gainers’ list with 9.98%, while ELLAHLAKES declined by -9.93% to lead the losers’ chart.
UBA recorded the highest volume and highest value for the day.
Read: NGX Price List for Wednesday, 2nd October 2024
MARKET STATISTICS
| CAP | N56,447,678,679,283.03 | One Day (ASI CHG) | -0.33% |
| Index | 98,232.39 | One Week (ASI CHG) | -0.76% |
| Volume | 425,764,914 | One Month (ASI CHG) | +1.71% |
| Value | N8,450,869,335.47 | Six Months (ASI CHG) | -5.71% |
| Deals | 11,954 | 52 Weeks (ASI CHG) | +47.76% |
| Gainers | 24 | Losers | 31 |
| Unchanged | 63 | Total | 118 |
| YTD Returns | +31.37% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.33 |
| NGX30 | -0.37 |
| NGXBNK | -2.01 |
| NGXCNSMRGDS | +1.07 |
| NGXINDUSTR | +0.02 |
| NGXINS | +0.97 |
| NGXLOTUSISLM | -0.48 |
| NGXOILGAS | -0.13 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| INTBREW | 4.01 | 4.41 | 0.40 | 9.98 |
| MEYER | 7.75 | 8.52 | 0.77 | 9.94 |
| VERITASKAP | 1.51 | 1.66 | 0.15 | 9.93 |
| TRIPPLEG | 4.54 | 4.99 | 0.45 | 9.91 |
| DEAPCAP | 1.22 | 1.34 | 0.12 | 9.84 |
| REGALINS | 0.75 | 0.82 | 0.07 | 9.33 |
| SOVRENINS | 0.56 | 0.61 | 0.05 | 8.93 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| ELLAHLAKES | 4.43 | 3.99 | -0.44 | -9.93 |
| CAVERTON | 2.42 | 2.18 | -0.24 | -9.92 |
| ABCTRANS | 1.15 | 1.04 | -0.11 | -9.57 |
| LIVESTOCK | 2.99 | 2.72 | -0.27 | -9.03 |
| CONHALLPLC | 1.52 | 1.41 | -0.11 | -7.24 |
| CILEASING | 4.40 | 4.10 | -0.30 | -6.82 |
| OANDO | 82.60 | 77.00 | -5.60 | -6.78 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| UBA | 27.00 | 2,013 | 108,022,082 |
| ZENITHBANK | 37.75 | 468 | 35,172,640 |
| VERITASKAP | 1.66 | 214 | 30,583,229 |
| ELLAHLAKES | 3.99 | 347 | 21,611,588 |
| REGALINS | 0.82 | 127 | 19,081,864 |
| ACCESSCORP | 19.75 | 542 | 15,993,525 |
| OANDO | 77.00 | 892 | 11,802,892 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| UBA | 27.00 | 2,013 | 3,013,150,538.55 |
| ZENITHBANK | 37.75 | 468 | 1,327,156,795.20 |
| OANDO | 77.00 | 892 | 934,853,368.95 |
| MTNN | 190.00 | 334 | 338,180,472.70 |
| ACCESSCORP | 19.75 | 542 | 318,608,863.85 |
| SEPLAT | 4103.10 | 50 | 265,991,374.60 |
| GTCO | 47.85 | 299 | 221,186,238.75 |
OUTLOOK
The Nigerian Equities Market experienced loss at the end of today’s trading. However, we opine a positive market performance for the week.
