Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (10/10/2024), as the NGX-ASI decreased to 97,477.19 from 97,487.14 recorded at the close of the previous trading day; indicating a YTD return of +30.36%.
Similarly, the market capitalization decreased by N5 billion to N56.013 trillion from N56.019 trillion recorded at the close of the previous trading day. The market turnover also decreased to N4.653 billion from N6.952billion.
The market breadth was positive at 1.05X as 23 stocks advanced and 22 stocks declined, while 72 stocks remained unchanged. REGALINS topped the gainers’ list with 10.00%, while DAARCOMM declined by -10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and ZENITHBANK recorded highest value for the day.
Read: NGX Price List for Thursday, 10th October 2024
MARKET STATISTICS
| CAP | N56,013,769,067,737.32 | One Day (ASI CHG) | -0.01% |
| Index | 97,477.19 | One Week (ASI CHG) | 0.43% |
| Volume | 277,745,152 | One Month (ASI CHG) | +0.70% |
| Value | N4,653,186,650.11 | Six Months (ASI CHG) | -5.41% |
| Deals | 7,091 | 52 Weeks (ASI CHG) | +45.20% |
| Gainers | 23 | Losers | 22 |
| Unchanged | 72 | Total | 117 |
| YTD Returns | +30.36% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.01 |
| NGX30 | -0.04 |
| NGXBNK | -0.22 |
| NGXCNSMRGDS | -0.05 |
| NGXINDUSTR | 0.00 |
| NGXINS | 0.00 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | -0.08 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| REGALINS | 0.60 | 0.66 | 0.06 | 10.00 |
| CAVERTON | 2.26 | 2.48 | 0.22 | 9.73 |
| ROYALEX | 0.69 | 0.75 | 0.06 | 8.70 |
| ABCTRANS | 1.22 | 1.32 | 0.10 | 8.20 |
| UPL | 2.38 | 2.55 | 0.17 | 7.14 |
| GUINNESS | 61.20 | 65.00 | 3.80 | 6.21 |
| THOMASWY | 1.83 | 1.94 | 0.11 | 6.01 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| DAARCOMM | 0.70 | 0.63 | -0.07 | -10.00 |
| LIVESTOCK | 3.44 | 3.10 | -0.34 | -9.88 |
| SUNUASSUR | 1.75 | 1.58 | -0.17 | -9.71 |
| FIDSON | 15.45 | 13.95 | -1.50 | -9.71 |
| CONHALLPLC | 1.40 | 1.27 | -0.13 | -9.29 |
| STERLINGNG | 4.85 | 4.55 | -0.30 | -6.19 |
| ELLAHLAKES | 4.40 | 4.21 | -0.19 | -4.32 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FIDELITYBK | 14.40 | 190 | 43,338,228 |
| UBA | 26.55 | 722 | 30,684,789 |
| ZENITHBANK | 37.50 | 306 | 25,552,273 |
| LASACO | 2.56 | 172 | 22,117,621 |
| ACCESSCORP | 19.45 | 317 | 18,459,993 |
| ELLAHLAKES | 4.21 | 152 | 12,172,914 |
| JAIZBANK | 2.42 | 72 | 8,880,793 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ZENITHBANK | 37.50 | 306 | 956,670,599.80 |
| UBA | 26.55 | 722 | 820,733,286.50 |
| FIDELITYBK | 14.40 | 190 | 644,785,974.55 |
| OANDO | 71.95 | 678 | 382,936,354.75 |
| ACCESSCORP | 19.45 | 317 | 361,249,160.25 |
| GTCO | 47.95 | 183 | 130,705,656.15 |
| OKOMUOIL | 363 | 51 | 84,426,190.80 |
OUTLOOK
The market experienced a marginal decline at the end of today’s trading, This decline was driven by drop in the sectors’ momentum, as most sectors ended the day unchanged. We expect bearish sentiment by end of the week.
