Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (09/10/2024), as the NGX-ASI decreased to 97,487.14 from 97,584.81 recorded at the close of the previous trading day; indicating a YTD return of +30.38%.
Similarly, the market capitalization decreased by N56 billion to N56.019 trillion from N56.075 trillion recorded at the close of the previous trading day. The market turnover also decreased to N6.952 billion from N8.341 billion.
The market breadth was negative at 0.38X as 14 stocks advanced and 37 stocks declined, while 71 stocks remained unchanged. LASACO topped the gainers’ list with 10.00%, while ELLAHLAKES declined by -9.84% to lead the losers’ chart.
FIDELITY recorded the highest volume and UBA recorded highest value for the day.
Read: NGX Price List for Wednesday, 9th October 2024
MARKET STATISTICS
| CAP | N56,019,490,479,709.20 | One Day (ASI CHG) | -0.10% |
| Index | 97,487.14 | One Week (ASI CHG) | -0.76% |
| Volume | 356,134,129 | One Month (ASI CHG) | +1.09% |
| Value | N6,952,403,710.74 | Six Months (ASI CHG) | -5.40% |
| Deals | 8,582 | 52 Weeks (ASI CHG) | +45.29% |
| Gainers | 14 | Losers | 37 |
| Unchanged | 71 | Total | 122 |
| YTD Returns | +30.38% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.10 |
| NGX30 | 0.22 |
| NGXBNK | -0.67 |
| NGXCNSMRGDS | 0.31 |
| NGXINDUSTR | -0.01 |
| NGXINS | -0.22 |
| NGXLOTUSISLM | -0.18 |
| NGXOILGAS | -0.48 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| LASACO | 2.30 | 2.53 | 0.23 | 10.00 |
| JBERGER | 150.00 | 164.00 | 14.00 | 9.33 |
| REGALINS | 0.55 | 0.60 | 0.05 | 9.09 |
| GOLDBREW | 3.15 | 3.40 | 0.25 | 7.94 |
| NNFM | 32.55 | 34.80 | 2.25 | 6.91 |
| NSLTECH | 0.61 | 0.65 | 0.04 | 6.56 |
| NB | 28.50 | 30.00 | 1.50 | 5.26 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| ELLAHLAKES | 4.88 | 4.40 | -0.48 | -9.84 |
| ABCTRANS | 1.35 | 1.22 | -0.13 | -9.63 |
| ETERNA | 27.00 | 24.70 | -2.30 | -8.52 |
| CILEASING | 4.05 | 3.71 | -0.34 | -8.40 |
| LIVESTOCK | 3.74 | 3.44 | -0.30 | -8.02 |
| FTNCOCOA | 1.98 | 1.85 | -0.13 | -6.57 |
| HONYFLOUR | 4.65 | 4.35 | -0.30 | -6.45 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| FIDELITYBK | 14.90 | 279 | 66,242,755 |
| UBA | 27.00 | 758 | 38,038,780 |
| STERLINGNG | 4.85 | 156 | 33,792,126 |
| NB | 30.00 | 90 | 14,560,719 |
| OANDO | 70.00 | 1,098 | 13,118,662 |
| ACCESSCORP | 19.60 | 346 | 12,604,424 |
| TRANSCORP | 11.05 | 220 | 11,953,786 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| UBA | 27.00 | 758 | 1,032,515,363.65 |
| FIDELITYBK | 14.90 | 279 | 988,102,801.20 |
| OANDO | 70.00 | 1,098 | 934,243,675.00 |
| GTCO | 47.20 | 379 | 485,567,514.65 |
| SEPLAT | 5,217.20 | 240 | 477,770,049.90 |
| NB | 30.00 | 90 | 435,645,621.65 |
| PRESCO | 485.40 | 122 | 429,441,126.30 |
OUTLOOK
The Nigerian Stock Market recorded a decline at the end of today’s trading session. We foresee a continuous north ward and sought ward sentiment in the remaining days of the week.
