Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (27/09/2024), as the NGX-ASI decreased to 98,458.68 from 98,523.56 recorded at the close of the previous trading day; indicating a YTD return of +31.68%.
The market performance for the week increased by 0.21% to 98,458.68 from 98,247.99 recorded at the beginning of the week.
The market capitalization decreased by N37.28 billion to N56.577 trillion from N56.614 trillion recorded at the close of the previous trading day. However, the market turnover increased to N6.656 billion from N6.609 billion.
The market breadth was negative at 0.84X as 21 stocks advanced and 25 stocks declined, while 72 stocks remained unchanged. BETAGLAS topped the gainers’ list with 10.00%, while CAVERTON declined by -9.76% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume and highest value for the day.
Read: NGX Price List for Friday, 27th September 2024
MARKET STATISTICS
| CAP | N56,577,710,189,736.10 | One Day (ASI CHG) | -0.07% |
| Index | 98,458.68 | One Week (ASI CHG) | +0.21% |
| Volume | 797,214,625 | One Month (ASI CHG) | +2.02% |
| Value | N6,656,637,314.79 | Six Months (ASI CHG) | -5.84% |
| Deals | 7,764 | 52 Weeks (ASI CHG) | +48.32% |
| Gainers | 21 | Losers | 25 |
| Unchanged | 72 | Total | 118 |
| YTD Returns | +31.68% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.07 |
| NGX30 | -0.05 |
| NGXBNK | -0.38 |
| NGXCNSMRGDS | -0.81 |
| NGXINDUSTR | +0.02 |
| NGXINS | -0.56 |
| NGXLOTUSISLM | +0.07 |
| NGXOILGAS | +0.34 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price(N) | Price Change(N) | Price Change(N) |
| BETAGLAS | 44.50 | 48.95 | 4.45 | 10.00 |
| MEYER | 7.05 | 7.75 | 0.70 | 9.93 |
| DEAPCAP | 1.01 | 1.11 | 0.10 | 9.90 |
| ELLAHLAKES | 4.48 | 4.92 | 0.44 | 9.82 |
| ABBEYBDS | 2.28 | 2.50 | 0.22 | 9.65 |
| REGALINS | 0.63 | 0.69 | 0.06 | 9.52 |
| JAPAULGOLD | 2.40 | 2.56 | 0.16 | 6.67 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | % Change |
| CAVERTON | 2.97 | 2.68 | -0.29 | -9.76 |
| NNFM | 35.25 | 31.90 | -3.35 | -9.50 |
| UPL | 2.60 | 2.37 | -0.23 | -8.85 |
| INTBREW | 4.31 | 4.01 | -0.30 | -6.96 |
| CWG | 6.00 | 5.60 | -0.40 | -6.67 |
| RTBRISCOE | 3.20 | 3.01 | -0.19 | -5.94 |
| ROYALEX | 0.69 | 0.65 | -0.04 | -5.80 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| JAPAULGOLD | 2.56 | 194 | 591,191,833 |
| UBA | 25.75 | 451 | 27,845,637 |
| ZENITHBANK | 37.70 | 381 | 11,745,974 |
| ACCESSCORP | 19.50 | 378 | 11,436,751 |
| TRANSCORP | 11.30 | 209 | 10,655,198 |
| OANDO | 75.20 | 706 | 10,440,834 |
| DEAPCAP | 1.11 | 87 | 10,097,957 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| JAPAULGOLD | 2.56 | 194 | 1,465,184,255.65 |
| OANDO | 75.20 | 706 | 771,634,715.90 |
| SEPLAT | 4103.10 | 191 | 745,004,301.00 |
| UBA | 25.75 | 451 | 717,731,259.15 |
| ZENITHBANK | 37.70 | 381 | 442,868,575.10 |
| BUAFOODS | 394.90 | 70 | 359,147,581.80 |
| GTCO | 47.40 | 209 | 330,741,224.20 |
OUTLOOK
Trading session on the Nigerian Exchange closed for the week on a high note with a bullish trend, which is expected to impact market dynamics, potentially leading to further gains and increased investors’ appetite in the week ahead.
