Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (10/12/2024), as the NGX-ASI increased to 98,206.97 from 98,107.52 recorded at the close of the previous trading day, indicating a YTD return of +31.34%.
Similarly, the market capitalization increased by N60.28 billion to N59.531 trillion from N59.471 trillion recorded at the previous trading day’s close. Conversely, the market turnover decreased to N12.813 billion from N12.864 billion.
The market breadth was positive at 1.71X as 36 stocks advanced and 21 stocks declined, while 67 stocks remained unchanged. GOLDBREW topped the gainers’ list with 9.93%, while JOHNHOLT declined by -9.96% to lead the losers’ chart.
WAPIC recorded the highest volume while MTNN recorded the highest value for the day.
Read: NGX Price List for Tuesday, 10th December 2024
MARKET STATISTICS
| CAP | N59,531,822,909,689.04 | One Day (ASI CHG) | +0.10% |
| Index | 98,206.97 | One Week (ASI CHG) | +0.52% |
| Volume | 939,409,379 | One Month (ASI CHG) | +1.00% |
| Value | N12,813,518,800.57 | Six Months (ASI CHG) | -1.43% |
| Deals | 9,098 | 52 Weeks (ASI CHG) | +36.57% |
| Gainers | 36 | Losers | 21 |
| Unchanged | 67 | Total | 124 |
| YTD Returns | +31.34% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.10 |
| NGX30 | 0.05 |
| NGXBNK | -0.20 |
| NGXCNSMRGDS | 0.17 |
| NGXINDUSTR | -0.84 |
| NGXINS | 1.98 |
| NGXLOTUSISLM | -0.89 |
| NGXOILGAS | 1.64 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| GOLDBREW | 5.94 | 6.53 | 0.59 | 9.93 |
| GUINEAINS | 0.51 | 0.56 | 0.05 | 9.80 |
| AFRIPRUD | 11.85 | 13.00 | 1.15 | 9.70 |
| ABCTRANS | 1.14 | 1.25 | 0.11 | 9.65 |
| LEARNAFRCA | 2.93 | 3.21 | 0.28 | 9.56 |
| DAARCOMM | 0.53 | 0.58 | 0.05 | 9.43 |
| TANTALIZER | 1.33 | 1.46 | 0.13 | 8.90 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| JOHNHOLT | 8.03 | 7.23 | -0.80 | -9.96 |
| HMCALL | 5.85 | 5.27 | -0.58 | -9.91 |
| MORISON | 4.45 | 4.01 | -0.44 | -9.89 |
| WAPCO | 70.50 | 65.00 | -5.50 | -7.86 |
| UPDCREIT | 5.15 | 4.85 | -0.30 | -5.83 |
| RTBRISCOE | 2.30 | 2.20 | -0.10 | -4.35 |
| CONHALLPLC | 2.40 | 2.30 | -0.10 | -4.17 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| WAPIC | 1.19 | 77 | 457,639,775 |
| STERLINGNG | 4.89 | 209 | 138,432,102 |
| JAPAULGOLD | 2.18 | 135 | 30,345,433 |
| UBA | 33.30 | 552 | 28,724,405 |
| MTNN | 176.00 | 313 | 24,682,232 |
| WAPCO | 65.00 | 549 | 18,490,502 |
| CAP | 37.00 | 260 | 17,080,736 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value(N) |
| MTNN | 176.00 | 313 | 4,321,014,872.10 |
| WAPCO | 65.00 | 549 | 1,207,197,473.05 |
| UBA | 33.30 | 552 | 962,567,533.05 |
| STERLINGNG | 4.89 | 209 | 677,465,593.89 |
| CAP | 37.00 | 260 | 632,135,238.60 |
| ZENITHBANK | 44.00 | 344 | 536,137,690.00 |
| WAPIC | 1.19 | 77 | 503,805,890.51 |
OUTLOOK
The Nigerian Equities Market witnessed a substantial surge, closing today’s trading session with remarkable gains. Rallying activity drove prices up, this gives the inkling that the equities market could maintain this trend for the next trading days.
