Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (18/09/2024), as the NGX-ASI increased to 98,230.92 from 97,685.64 recorded at the close of the previous trading day; indicating a YTD return of +29.27%.
Similarly, the market capitalization increased by N444.94 billion to N56.446 trillion from N56.001 trillion recorded at the close of the previous trading day. However, the market turnover increased to N7.566 billion from N6.467 billion.
The market breadth was positive at 1.08X as 27 stocks advanced and 25 stocks declined, while 65 stocks remained unchanged. SFSREIT topped the gainers’ list with 9.99%, while NNFM declined by 10.00% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume while GEREGU recorded highest value for the day.
Read: NGX Price List for Wednesday, 18th September 2024
MARKET STATISTICS
| CAP | N56,446,723,755,839.30 | One Day (ASI CHG) | +0.56% |
| Index | 98,230.92 | One Week (ASI CHG) | +1.57% |
| Volume | 361,302,533 | One Month (ASI CHG) | +1.16% |
| Value | N7,566,540,873.24 | Six Months (ASI CHG) | -5.78% |
| Deals | 9,627 | 52 Weeks (ASI CHG) | +43.75% |
| Gainers | 27 | Losers | 25 |
| Unchanged | 65 | Total | 117 |
| YTD Returns | +29.27% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.56 |
| NGX30 | 0.55 |
| NGXBNK | 1.06 |
| NGXCNSMRGDS | -1.06 |
| NGXINDUSTR | -0.07 |
| NGXINS | 0.59 |
| NGXLOTUSISLM | -0.24 |
| NGXOILGAS | 0.35 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| SFSREIT | 163.15 | 179.45 | 16.30 | 9.99 |
| HONYFLOUR | 4.92 | 5.41 | 0.49 | 9.96 |
| MEYER | 5.83 | 6.41 | 0.58 | 9.95 |
| ACADEMY | 2.63 | 2.89 | 0.26 | 9.89 |
| CAVERTON | 2.79 | 3.06 | 0.27 | 9.68 |
| GEREGU | 1,050.00 | 1,150.00 | 100.00 | 9.52 |
| DAARCOMM | 0.65 | 0.71 | 0.06 | 9.23 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| NNFM | 43.50 | 39.15 | -4.35 | -10.00 |
| BERGER | 23.95 | 21.60 | -2.35 | -9.81 |
| DEAPCAP | 0.93 | 0.84 | -0.09 | -9.68 |
| LIVESTOCK | 2.64 | 2.40 | -0.24 | -9.09 |
| OMATEK | 0.70 | 0.65 | -0.05 | -7.14 |
| RTBRISCOE | 3.68 | 3.44 | -0.24 | -6.52 |
| UACN | 23.00 | 21.50 | -1.50 | -6.52 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| JAPAULGOLD | 2.56 | 225 | 64,042,334 |
| FBNH | 33.90 | 726 | 26,675,316 |
| UBA | 24.00 | 445 | 25,712,926 |
| UPDC | 1.95 | 313 | 18,224,272 |
| TRANSCORP | 10.70 | 422 | 17,817,024 |
| ZENITHBANK | 36.70 | 412 | 16,922,976 |
| ETI | 24.00 | 120 | 14,463,084 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value(N) |
| GEREGU | 1,150.00 | 259 | 1,344,154,486.50 |
| FBNH | 33.90 | 726 | 840,671,496.80 |
| OANDO | 85.05 | 796 | 661,056,749.85 |
| ZENITHBANK | 36.70 | 412 | 620,281,862.00 |
| UBA | 24.00 | 445 | 618,203,327.50 |
| ETI | 24.00 | 120 | 347,115,114.20 |
| MTNN | 192.00 | 287 | 344,806,186.90 |
OUTLOOK
The Nigerian equities market closed positive at the end of today’s trading.Trading activity on the floor of the exchange is projected to remain mixed as investors continue to invest in high-quality stocks with strong fundamentals backing them.
