Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (14/10/2024), as the NGX-ASI increased to 98,215.13 from 97,606.63 recorded at the close of the previous trading day; indicating a YTD return of +31.35%.
Similarly, the market capitalization increased by N3,421.78 trillion to N59.510 trillion from N56.088 trillion recorded at the close of the previous trading day. The market turnover also increased to N19.708 billion from N5.599 billion.
The market breadth was positive at 0.58X as 18 stocks advanced and 31 stocks declined, while 66 stocks remained unchanged. WAPIC topped the gainers’ list with 10.00%, while VITAFOAM declined by -9.09% to lead the losers’ chart.
CUTIX recorded the highest volume and ARADEL recorded highest value for the day.
Read: NGX Price List for Monday, 14th October 2024
MARKET STATISTICS
| CAP | N59,509,926,752,472.18 | One Day (ASI CHG) | 0.62% |
| Index | 98,215.13 | One Week (ASI CHG) | 0.52% |
| Volume | 304,970,417 | One Month (ASI CHG) | 0.78% |
| Value | N19,707,798,821.97 | Six Months (ASI CHG) | -3.50% |
| Deals | 7,0918,083 | 52 Weeks (ASI CHG) | 46.51% |
| Gainers | 18 | Losers | 31 |
| Unchanged | 66 | Total | 115 |
| YTD Returns | +31.35% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.62 |
| NGX30 | 0.07 |
| NGXBNK | 0.36 |
| NGXCNSMRGDS | 0.24 |
| NGXINDUSTR | -0.01 |
| NGXINS | 0.29 |
| NGXLOTUSISLM | 0.49 |
| NGXOILGAS | -0.02 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| WAPIC | 0.80 | 0.88 | 0.08 | 10.00 |
| CONHALLPLC | 1.39 | 1.52 | 0.13 | 9.35 |
| NASCON | 30.00 | 32.00 | 2.00 | 6.67 |
| LINKASSURE | 0.93 | 0.98 | 0.05 | 5.38 |
| FIDSON | 15.10 | 15.75 | 0.65 | 4.30 |
| AIICO | 1.17 | 1.22 | 0.05 | 4.27 |
| DANGSUGAR | 31.00 | 31.95 | 0.95 | 3.06 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| VITAFOAM | 22.00 | 20.00 | -2.00 | -9.09 |
| TANTALIZER | 0.60 | 0.55 | -0.05 | -8.33 |
| INTENEGINS | 1.57 | 1.47 | -0.10 | -6.37 |
| NSLTECH | 0.65 | 0.61 | -0.04 | -6.15 |
| GUINEAINS | 0.49 | 0.46 | -0.03 | -6.12 |
| REGALINS | 0.72 | 0.68 | -0.04 | -5.56 |
| ELLAHLAKES | 4.18 | 4.00 | -0.18 | -4.31 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| CUTIX | 2.51 | 46 | 37,925,049 |
| ZENITHBANK | 37.50 | 397 | 34,086,197 |
| UBA | 26.50 | 850 | 33,939,156 |
| CHAMS | 2.00 | 104 | 18,823,776 |
| ARADEL | 772.90 | 174 | 18,709,802 |
| ACCESSCORP | 19.60 | 417 | 15,432,999 |
| STANBIC | 57.00 | 45 | 14,374,081 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ARADEL | 772.90 | 174 | 14,460,805,965.80 |
| ZENITHBANK | 37.50 | 397 | 1,278,217,373.80 |
| UBA | 26.50 | 850 | 897,807,468.50 |
| STANBIC | 57.00 | 45 | 819,300,725.50 |
| ACCESSCORP | 19.60 | 417 | 303,518,759.10 |
| OANDO | 71.90 | 552 | 263,585,099.60 |
| GTCO | 49.90 | 305 | 213,258,488.20 |
OUTLOOK
The Equities Market Opened the new week in green, indicating a good poise for a bullish run. It is believed that the market sentiment will continue with this trend throughout the remaining days of the week.
