Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (18/12/2024), as the NGX-ASI increased to 100,477.46 from 100,050.94 recorded at the close of the previous trading day, indicating a YTD return of +34.38%.
The market capitalization increased by N258 billion to N60.908 billion from N60.650 trillion recorded at the previous trading day’s close. However, the market turnover decreased to N9.199 billion from N22.513 billion.
The market breadth was negative at 2.33X as 42 stocks advanced and 18 stocks declined, while 59 stocks remained unchanged. MRS topped the gainers’ list with 9.99%, while AFRIPRUD declined by -10.00% to lead the losers’ chart.
STERLINGNG recorded the highest volume, while ARADEL recorded the highest value for the day.
Read: NGX Price List for Wednesday 18th December 2024
MARKET STATISTICS
| CAP | N60,908,297,872,693.64 | One Day (ASI CHG) | +0.43% |
| Index | 100,477.46 | One Week (ASI CHG) | +2.00% |
| Volume | 389,701,474 | One Month (ASI CHG) | +2.82% |
| Value | N9,199,213,024.16 | Six Months (ASI CHG) | +0.64% |
| Deals | 9,573 | 52 Weeks (ASI CHG) | +36.89% |
| Gainers | 42 | Losers | 18 |
| Unchanged | 59 | Total | 119 |
| YTD Returns | +34.38% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.43 |
| NGX30 | +0.12 |
| NGXBNK | +0.68 |
| NGXCNSMRGDS | +0.08 |
| NGXINDUSTR | 0.00 |
| NGXINS | +3.16 |
| NGXLOTUSISLM | -0.01 |
| NGXOILGAS | +0.33 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| MRS | 145.20 | 159.70 | 14.50 | 9.99 |
| LEARNAFRCA | 3.21 | 3.53 | 0.32 | 9.97 |
| INTENEGINS | 1.33 | 1.46 | 0.13 | 9.77 |
| WAPIC | 1.54 | 1.69 | 0.15 | 9.74 |
| LIVESTOCK | 3.39 | 3.72 | 0.33 | 9.73 |
| ROYALEX | 0.72 | 0.79 | 0.07 | 9.72 |
| AIICO | 1.24 | 1.36 | 0.12 | 9.68 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| AFRIPRUD | 16.00 | 14.40 | -1.60 | -10.00 |
| JOHNHOLT | 7.23 | 6.51 | -0.72 | -9.96 |
| GUINEAINS | 0.72 | 0.66 | -0.06 | -8.33 |
| DEAPCAP | 1.14 | 1.08 | -0.06 | -5.26 |
| CONHALLPLC | 2.40 | 2.30 | -0.10 | -4.17 |
| CHAMS | 1.99 | 1.94 | -0.05 | -2.51 |
| FBNH | 27.00 | 26.45 | -0.55 | -2.04 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | 43,558,393 |
| STERLINGNG | 4.99 | 159 | 43,558,393 |
| 26,218,920 | 33.40 | 624 | 25,647,645 |
| FIDELITYBK | 15.70 | 267 | 18,462,220 |
| UNIVINSURE | 0.37 | 59 | 16,229,713 |
| AIICO | 1.36 | 197 | 15,983,409 |
| ZENITHBANK | 44.70 | 345 | 11,133,713 |
| GTCO | 52.95 | 210 | 11,133,713 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value |
| ARADEL | 664.00 | 592 | 1,542,457,751.10 |
| UBA | 33.40 | 624 | 874,917,426.90 |
| OANDO | 70.50 | 629 | 706,627,202.95 |
| ZENITHBANK | 44.70 | 345 | 675,944,190.00 |
| SEPLAT | 5700.00 | 53 | 588,322,442.75 |
| GTCO | 52.95 | 210 | 398,348,080.65 |
| FIDELITYBK | 15.70 | 267 | 398,348,080.65 |
OUTLOOK
Trading session on the Nigerian Exchange closed positive with the sectors posing impressive performances. We are anticipating a continuous rally throughout the remaining days of the week.
