Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (23/10/2024), as the NGX-ASI increased to 98,944.42 from 98,892.58 recorded at the close of the previous trading day; indicating a YTD return of +32.33%.
Similarly, the market capitalization increased by N31 billion to N59.955 trillion from N59.924 trillion recorded at the close of the previous trading day. While the market turnover decreased to N8.290 billion from N24.845 billion.
The market breadth was positive at 1.88X as 30 stocks advanced and 16 stocks declined, while 72 stocks remained unchanged. OANDO topped the gainers’ list with 10.00%, while ARADEL declined by -9.99% to lead the losers’ chart.
UBA recorded the highest volume and value for the day.
Read: NGX Price List for Wednesday, 23rd October 2024
MARKET STATISTICS
| CAP | N59,955,115,361,620.60 | One Day (ASI CHG) | +0.05% |
| Index | 98,944.42 | One Week (ASI CHG) | +0.66% |
| Volume | 283,735,090 | One Month (ASI CHG) | +0.71% |
| Value | N8,290,748,953.48 | Six Months (ASI CHG) | +0.84% |
| Deals | 7,966 | 52 Weeks (ASI CHG) | +47.23% |
| Gainers | 30 | Losers | 16 |
| Unchanged | 72 | Total | 118 |
| YTD Returns | +32.33% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.05 |
| NGX30 | +0.35 |
| NGXBNK | +2.41 |
| NGXCNSMRGDS | +0.31 |
| NGXINDUSTR | +0.05 |
| NGXINS | -0.42 |
| NGXLOTUSISLM | +0.11 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price (N) | Price Change (N) | % Change |
| OANDO | 81.50 | 89.65 | 8.15 | 10.00 |
| UNILEVER | 19.00 | 20.90 | 1.90 | 10.00 |
| EUNISELL | 2.90 | 3.19 | 0.29 | 10.00 |
| REGALINS | 0.52 | 0.57 | 0.05 | 9.62 |
| OMATEK | 0.62 | 0.67 | 0.05 | 8.06 |
| DAARCOMM | 0.66 | 0.71 | 0.05 | 7.58 |
| ABBEYBDS | 2.78 | 2.99 | 0.21 | 7.55 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| ARADEL | 625.40 | 562.90 | -62.50 | -9.99 |
| NNFM | 37.75 | 34.00 | -3.75 | -9.93 |
| CONHALLPLC | 1.47 | 1.38 | -0.09 | -6.12 |
| UPDC | 1.55 | 1.46 | -0.09 | -5.81 |
| ELLAHLAKES | 4.18 | 4.00 | -0.18 | -4.31 |
| VERITASKAP | 1.57 | 1.51 | -0.06 | -3.82 |
| UNIVINSURE | 0.36 | 0.35 | -0.01 | -2.78 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| UBA | 28.40 | 860 | 66,031,451 |
| NB | 28.00 | 106 | 37,373,770 |
| ACCESSCORP | 20.10 | 377 | 17,573,655 |
| OANDO | 89.65 | 1,097 | 17,093,080 |
| ZENITHBANK | 39.30 | 354 | 16,107,751 |
| FBNH | 27.90 | 220 | 9,794,355 |
| ETI | 24.20 | 28 | 9,233,498 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| UBA | 28.4 | 860 | 1,792,105,709.65 |
| OANDO | 89.65 | 1,097 | 1,476,837,409.95 |
| NB | 28 | 106 | 1,046,550,694.80 |
| ZENITHBANK | 39.3 | 354 | 617,593,488.15 |
| SEPLAT | 5700 | 137 | 530,840,690.00 |
| ARADEL | 562.9 | 304 | 397,682,095.20 |
| ACCESSCORP | 20.1 | 377 | 351,895,954.25 |
OUTLOOK
The Nigerian equities market closed positive at the end of today’s trading. Positive trading activity on the floor of the exchange is projected to experience an downturn before the end of the week.
