Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (17/10/2024), as the NGX-ASI decreased to 98,081.38 from 98,291.53 recorded at the close of the previous trading day; indicating a YTD return of +31.17%.
Similarly, the market capitalization decreased by N127.34 billion to N59.431 trillion from N59.559 trillion recorded at the close of the previous trading day. The market turnover also decreased to N6.408 billion from N8.993 billion.
The market breadth was positive at 1.93X as 29 stocks advanced and 15 stocks declined, while 71 stocks remained unchanged. GOLDBREW topped the gainers’ list with 10.00%, while ARADEL declined by -10.00% to lead the losers’ chart.
STERLINGNG recorded the highest volume and ARADEL recorded the highest value for the day.
Read: NGX Price List for Thursday, 17th October 2024
MARKET STATISTICS
| CAP | N59,431,933,689,049.59 | One Day (ASI CHG) | -0.21% |
| Index | 98,081.38 | One Week (ASI CHG) | +0.62% |
| Volume | 239,308,707 | One Month (ASI CHG) | +0.41% |
| Value | N6,408,745,640.98 | Six Months (ASI CHG) | -1.77% |
| Deals | 7,318 | 52 Weeks (ASI CHG) | +46.17% |
| Gainers | 29 | Losers | 15 |
| Unchanged | 71 | Total | 115 |
| YTD Returns | +31.17% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.21 |
| NGX30 | 0.07 |
| NGXBNK | -0.57 |
| NGXCNSMRGDS | 0.01 |
| NGXINDUSTR | 0.08 |
| NGXINS | 1.13 |
| NGXLOTUSISLM | 0.42 |
| NGXOILGAS | 0.92 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| GOLDBREW | 3.40 | 3.74 | 0.34 | 10.00 |
| DEAPCAP | 1.32 | 1.45 | 0.13 | 9.85 |
| TRANSPOWER | 301.70 | 330.90 | 29.20 | 9.68 |
| JAIZBANK | 2.20 | 2.39 | 0.19 | 8.64 |
| TRANSCOHOT | 90.00 | 97.00 | 7.00 | 7.78 |
| CONHALLPLC | 1.41 | 1.50 | 0.09 | 6.38 |
| NPFMCRFBK | 1.60 | 1.70 | 0.10 | 6.25 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| ARADEL | 772.00 | 694.80 | -77.20 | -10.00 |
| REGALINS | 0.68 | 0.62 | -0.06 | -8.82 |
| DAARCOMM | 0.59 | 0.55 | -0.04 | -6.78 |
| UACN | 21.65 | 20.20 | -1.45 | -6.70 |
| OANDO | 80.70 | 76.00 | -4.70 | -5.82 |
| TRIPPLEG | 1.81 | 1.71 | -0.10 | -5.52 |
| LASACO | 2.58 | 2.45 | -0.13 | -5.04 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| STERLINGNG | 5.00 | 283 | 42,786,982 |
| ZENITHBANK | 37.50 | 317 | 20,054,095 |
| GTCO | 50.00 | 375 | 19,631,545 |
| ACCESSCORP | 20.00 | 332 | 16,295,523 |
| UBA | 24.40 | 344 | 11,108,496 |
| JAPAULGOLD | 2.34 | 116 | 9,238,726 |
| FCMB | 8.40 | 104 | 9,153,316 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| ARADEL | 694.80 | 584 | 1,041,180,728.40 |
| GTCO | 50.00 | 375 | 1,000,950,900.60 |
| ZENITHBANK | 37.50 | 317 | 751,829,575.85 |
| OANDO | 76.00 | 595 | 526,922,936.00 |
| CONOIL | 176.95 | 172 | 452,490,347.05 |
| SEPLAT | 5,217.20 | 176 | 356,018,049.50 |
| ACCESSCORP | 20.00 | 332 | 324,621,315.65 |
OUTLOOK
The Nigerian Equities Market experienced loss at the end of today’s trading. However, we opine a positive market performance for the week.
