Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (11/10/2024), as the NGX-ASI increased to 97,606.63 from 97,477.19 recorded at the close of the previous trading day; indicating a YTD return of +30.54%.
The market performance for the week increased by 0.09% to 97,606.63 from 97,520.54 recorded at the beginning of the week.
Similarly, the market capitalization increased by N74.38billion to N56.088 trillion from N56.013 trillion recorded at the close of the previous trading day. The market turnover also increased to N5.599 billion from N4.653 billion.
The market breadth was positive at 1.67X as 30 stocks advanced and 18 stocks declined, while 69 stocks remained unchanged. STERLINGNG topped the gainers’ list with 9.45%, while DEAPCAP declined by -9.93% to lead the losers’ chart.
ACCESSCORP recorded the highest volume and value for the day.
Read: NGX Price List for Friday, 11th October 2024
MARKET STATISTICS
| CAP | N56,088,152,271,496.28 | One Day (ASI CHG) | 0.13% |
| Index | 97,606.63 | One Week (ASI CHG) | 0.09% |
| Volume | 304,430,135 | One Month (ASI CHG) | 0.83% |
| Value | N5,599,374,821.26 | Six Months (ASI CHG) | -4.60% |
| Deals | 6,950 | 52 Weeks (ASI CHG) | +45.25% |
| Gainers | 30 | Losers | 18 |
| Unchanged | 69 | Total | 117 |
| YTD Returns | +30.54% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.13 |
| NGX30 | -0.17 |
| NGXBNK | 1.06 |
| NGXCNSMRGDS | -0.18 |
| NGXINDUSTR | 0.01 |
| NGXINS | -0.05 |
| NGXLOTUSISLM | -0.30 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| STERLINGNG | 4.55 | 4.98 | 0.43 | 9.45 |
| CONHALLPLC | 1.27 | 1.39 | 0.12 | 9.45 |
| REGALINS | 0.66 | 0.72 | 0.06 | 9.09 |
| FIDSON | 13.95 | 15.10 | 1.15 | 8.24 |
| SUNUASSUR | 1.58 | 1.70 | 0.12 | 7.59 |
| CILEASING | 3.72 | 3.98 | 0.26 | 6.99 |
| LIVESTOCK | 3.10 | 3.28 | 0.18 | 5.81 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| DEAPCAP | 1.51 | 1.36 | -0.15 | -9.93 |
| NEM | 8.75 | 7.90 | -0.85 | -9.71 |
| DAARCOMM | 0.63 | 0.57 | -0.06 | -9.52 |
| TANTALIZER | 0.66 | 0.60 | -0.06 | -9.09 |
| DANGSUGAR | 32.00 | 31.00 | -1.00 | -3.13 |
| OANDO | 71.95 | 70.00 | -1.95 | -2.71 |
| ROYALEX | 0.75 | 0.73 | -0.02 | -2.67 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| ACCESSCORP | 19.70 | 338 | 68,257,590 |
| FIDELITYBK | 14.70 | 220 | 43,156,633 |
| UBA | 26.50 | 790 | 25,437,150 |
| ZENITHBANK | 37.45 | 325 | 19,733,057 |
| STERLINGNG | 4.98 | 160 | 12,451,756 |
| REGALINS | 0.72 | 106 | 10,894,263 |
| GTCO | 49.00 | 322 | 10,187,410 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| ACCESSCORP | 19.70 | 338 | 1,339,888,208.85 |
| ZENITHBANK | 37.45 | 325 | 739,183,229.05 |
| UBA | 26.50 | 790 | 675,934,300.70 |
| FIDELITYBK | 14.70 | 220 | 630,123,286.20 |
| GTCO | 49.00 | 322 | 502,617,262.35 |
| OANDO | 70.00 | 450 | 288,838,320.40 |
| MTNN | 191.00 | 153 | 192,082,543.60 |
OUTLOOK
The Nigerian equities market closed positive for the week’s trading. Investors are advised to invest in high-quality stocks with strong fundamentals backing them as the week ahead is perceived to record mixed sentiments.
