Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (03/10/2024), as the NGX-ASI decreased to 97,064.42 from 98,232.39 recorded at the close of the previous trading day; indicating a YTD return of +29.81%.
Similarly, the market capitalization decreased by N671.16 billion to N55.776 trillion from N56.447 trillion recorded at the close of the previous trading day. The market turnover also decreased to N6.758 billion from N8.450 billion.
The market breadth was negative at 0.85X as 23 stocks advanced and 27 stocks declined, while 65 stocks remained unchanged. SEPLAT topped the gainers’ list with 10.00%, while DANGCEM declined by -10.00% to lead the losers’ chart.
UBA recorded the highest volume and SEPLAT recorded highest value for the day.
Read: NGX Price List for Thursday, 3rd October 2024
MARKET STATISTICS
| CAP | N55,776,522,758,914.05 | One Day (ASI CHG) | -1.19% |
| Index | 97,064.42 | One Week (ASI CHG) | -1.48% |
| Volume | 268,394,149 | One Month (ASI CHG) | +0.20% |
| Value | N6,758,879,146.29 | Six Months (ASI CHG) | -6.43% |
| Deals | 8,565 | 52 Weeks (ASI CHG) | +45.81% |
| Gainers | 23 | Losers | 27 |
| Unchanged | 65 | Total | 115 |
| YTD Returns | +29.81% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -1.19 |
| NGX30 | -1.23 |
| NGXBNK | -0.03 |
| NGXCNSMRGDS | -0.2 |
| NGXINDUSTR | -5.96 |
| NGXINS | +2.00 |
| NGXLOTUSISLM | -1.83 |
| NGXOILGAS | 3.8 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| SEPLAT | 4,103.10 | 4,513.40 | 410.30 | 10.00 |
| LIVESTOCK | 2.72 | 2.99 | 0.27 | 9.93 |
| REGALINS | 0.82 | 0.90 | 0.08 | 9.76 |
| CAVERTON | 2.18 | 2.39 | 0.21 | 9.63 |
| MANSARD | 5.50 | 5.93 | 0.43 | 7.82 |
| ABCTRANS | 1.04 | 1.12 | 0.08 | 7.69 |
| WEMABANK | 7.40 | 7.90 | 0.50 | 6.76 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| DANGCEM | 532.00 | 478.80 | -53.20 | -10.00 |
| NSLTECH | 0.66 | 0.61 | -0.05 | -7.58 |
| UPDCREIT | 5.30 | 5.05 | -0.25 | -4.72 |
| CWG | 6.50 | 6.20 | -0.30 | -4.62 |
| DANGSUGAR | 34.00 | 32.50 | -1.50 | -4.41 |
| FBNH | 25.80 | 24.70 | -1.10 | -4.26 |
| CUTIX | 2.61 | 2.50 | -0.11 | -4.21 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| UBA | 27.00 | 909 | 37,090,812 |
| ZENITHBANK | 37.70 | 323 | 19,013,141 |
| DEAPCAP | 1.40 | 159 | 13,897,178 |
| STERLINGNG | 5.10 | 257 | 13,061,061 |
| CAVERTON | 2.39 | 166 | 12,097,213 |
| VERITASKAP | 1.65 | 150 | 11,537,944 |
| ACCESSCORP | 20.00 | 399 | 11,501,489 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value |
| SEPLAT | 4513.40 | 13 | 2,338,184,923.60 |
| UBA | 27.00 | 909 | 993,999,570.00 |
| ZENITHBANK | 37.70 | 323 | 716,659,670.95 |
| OANDO | 77.00 | 517 | 353,348,076.95 |
| TRANSPOWER | 301.70 | 122 | 270,241,256.00 |
| ACCESSCORP | 20.00 | 399 | 227,342,749.70 |
| GTCO | 48.70 | 205 | 192,793,298.60 |
OUTLOOK
The Nigerian Stock Market recorded a decline at the end of today’s trading session. Our outlook foresees a downturn in market’s sentiment, indicating a bearish trend by the the week.
