Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (18/10/2024), as the NGX-ASI decreased to 98,070.23 from 98,081.38 recorded at the close of the previous trading day; indicating a YTD return of +31.16%.
The market performance for the week increased by 0.47% to 98,070.23 from 97,606.63 recorded at the beginning of the week.
The market capitalization decreased by N6.73 billion to N59.425 trillion from N59.431 trillion recorded at the close of the previous trading day. while the market turnover also increased to N11.968 billion from N6.408 billion.
The market breadth was negative at 0.91X as 21 stocks advanced and 23 stocks declined, while 73 stocks remained unchanged. UPL topped the gainers’ list with 9.41%, while ARADEL declined by -9.99% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume while SEPLAT recorded value for the day.
Read: NGX Price List for Friday, 18th October 2024
MARKET STATISTICS
| CAP | N59,425,320,493,205.85 | One Day (ASI CHG) | -0.01% |
| Index | 98,070.23 | One Week (ASI CHG) | 0.47% |
| Volume | 358,845,699 | One Month (ASI CHG) | 0.39% |
| Value | N11,962,285,332.18 | Six Months (ASI CHG) | -1.48% |
| Deals | 6,719 | 52 Weeks (ASI CHG) | +46.56% |
| Gainers | 21 | Losers | 23 |
| Unchanged | 73 | Total | 117 |
| YTD Returns | +31.16% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.01 |
| NGX30 | 0.05 |
| NGXBNK | 0.51 |
| NGXCNSMRGDS | 0.63 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.91 |
| NGXLOTUSISLM | -0.23 |
| NGXOILGAS | 0.02 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| UPL | 2.55 | 2.79 | 0.24 | 9.41 |
| DAARCOMM | 0.55 | 0.60 | 0.05 | 9.09 |
| TRANSPOWER | 330.90 | 359.90 | 29.00 | 8.76 |
| CILEASING | 3.50 | 3.79 | 0.29 | 8.29 |
| INTBREW | 4.05 | 4.33 | 0.28 | 6.91 |
| STANBIC | 53.10 | 55.95 | 2.85 | 5.37 |
| LASACO | 2.45 | 2.57 | 0.12 | 4.90 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| ARADEL | 694.80 | 625.40 | -69.40 | -9.99 |
| DEAPCAP | 1.45 | 1.31 | -0.14 | -9.66 |
| CHAMPION | 3.75 | 3.42 | -0.33 | -8.80 |
| NPFMCRFBK | 1.70 | 1.60 | -0.10 | -5.88 |
| JAIZBANK | 2.39 | 2.25 | -0.14 | -5.86 |
| LINKASSURE | 0.97 | 0.92 | -0.05 | -5.15 |
| CAVERTON | 2.47 | 2.36 | -0.11 | -4.45 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| JAPAULGOLD | 2.35 | 136 | 136,559,886 |
| UBA | 25.40 | 407 | 38,596,765 |
| ZENITHBANK | 37.45 | 397 | 27,915,357 |
| ACCESSCORP | 20.00 | 326 | 27,426,015 |
| FCMB | 8.45 | 132 | 11,910,456 |
| CHAMS | 2.00 | 80 | 10,269,765 |
| GTCO | 50.00 | 216 | 9,753,695 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| SEPLAT | 5,217.20 | 158 | 5,003,720,451.30 |
| ARADEL | 625.40 | 510 | 1,891,992,600.80 |
| ZENITHBANK | 37.45 | 397 | 1,046,814,306.45 |
| UBA | 25.40 | 407 | 965,090,464.50 |
| ACCESSCORP | 20.00 | 326 | 558,307,342.90 |
| GTCO | 50.00 | 216 | 487,479,938.80 |
| TRANSPOWER | 359.90 | 217 | 393,178,264.00 |
OUTLOOK
Trading session on the Nigerian Exchange maintains bullish trend to closed for the week. Investors are advised to position themselves in stocks with sound fundamentals to navigate the prevailing conditions
