Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (06/09/2024), as the NGX-ASI increased to 96,433.53 from 96,210.20 recorded at the close of the previous trading day; indicating a YTD return of +28.97%.
The market performance for the week decreased by 0.15% to 96,433.53 from 96,580.01 recorded at the beginning of the week
However, the market capitalization increased by N128.31 billion to 55,394.01 trillion from 55,265.70 trillion recorded at the close of the previous trading day. Similarly, the market turnover increased to N12.023 billion from N9.565 billion.
The market breadth was positive at 2.06X as 37 stocks advanced and 18 stocks declined, while 59 stocks remained unchanged. NSLTECH topped the gainers’ list with 10.20%, while DEAPCAP declined by 9.62% to lead the losers’ chart.
JAIZBANK recorded the highest volume and NOTORE recorded the highest value for the day.
Read: NGX Price List for Friday, 6th September 2024
MARKET STATISTICS
| CAP | N55,394,012,882,901.71 | One Day (ASI CHG) | 0.23% |
| Index | 96,433.53 | One Week (ASI CHG) | -0.15% |
| Volume | 392,509,042 | One Month (ASI CHG) | -0.51% |
| Value | N12,023,968,281.49 | Six Months (ASI CHG) | -4.83% |
| Deals | 7,981 | 52 Weeks (ASI CHG) | +41.52% |
| Gainers | 37 | Losers | 18 |
| Unchanged | 59 | Total | 114 |
| YTD Returns | +28.97% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.23 |
| NGX30 | 0.10 |
| NGXBNK | 0.56 |
| NGXCNSMRGDS | 0.11 |
| NGXINDUSTR | -0.17 |
| NGXINS | -0.94 |
| NGXLOTUSISLM | -0.47 |
| NGXOILGAS | -0.20 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| NSLTECH | 0.54 | 0.59 | 0.05 | 10.20 |
| OANDO | 74.00 | 81.40 | 7.40 | 10.00 |
| UACN | 19.00 | 20.90 | 1.90 | 10.00 |
| BERGER | 17.05 | 18.75 | 1.70 | 9.97 |
| SFSREIT | 134.90 | 148.35 | 13.45 | 9.97 |
| RTBRISCOE | 2.34 | 2.57 | 0.23 | 9.83 |
| JAPAULGOLD | 2.24 | 2.46 | 0.22 | 9.82 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change (N) | %Change |
| DEAPCAP | 1.04 | 0.94 | -0.10 | -9.62 |
| PZ | 21.00 | 19.00 | -2.00 | -9.52 |
| ETERNA | 32.00 | 30.00 | -2.00 | -6.25 |
| CONHALLPLC | 1.43 | 1.35 | -0.08 | -5.59 |
| AIICO | 1.15 | 1.10 | -0.05 | -4.35 |
| NASCON | 34.00 | 32.90 | -1.10 | -3.24 |
| WAPCO | 37.50 | 36.30 | -1.20 | -3.20 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| JAIZBANK | 2.20 | 97 | 54,368,989 |
| ZENITHBANK | 37.50 | 646 | 34,618,326 |
| NOTORE | 62.50 | 6 | 34,333,690 |
| TRANSCORP | 11.35 | 297 | 21,842,045 |
| UBA | 23.50 | 367 | 20,602,871 |
| OANDO | 81.40 | 777 | 17,856,033 |
| GTCO | 45.40 | 229 | 15,524,112 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| NOTORE | 62.50 | 6 | 2,146,002,643.75 |
| OANDO | 81.40 | 777 | 1,437,042,235.65 |
| ZENITHBANK | 37.50 | 646 | 1,286,363,875.75 |
| GTCO | 45.40 | 229 | 704,456,186.35 |
| UBA | 23.50 | 367 | 478,385,210.50 |
| ACCESSCORP | 18.80 | 431 | 281,964,869.80 |
| TRANSCORP | 11.35 | 297 | 240,328,193.50 |
OUTLOOK
The Equities Market closed bearish at the end of today’s trading. The dip in the trading activities could be attributed to continuous profit taking by investors . We are anticipating mixed sentiment in the week ahead.
