Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (22/10/2024), as the NGX-ASI increased to 98,892.58 from 98,694.80 recorded at the close of the previous trading day; indicating a YTD return of +32.26%.
The market capitalization increased by N120 billion to N59.924 trillion from N59.803 trillion recorded at the close of the previous trading day. While the market turnover decreased to N24.845 billion from N27.568 billion.
The market breadth was positive at 1.53X as 23 stocks advanced and 15 stocks declined, while 78 stocks remained unchanged. TRANSCOHOT topped the gainers’ list with 9.28%, while JOHNHOLT declined by -9.84% to lead the losers’ chart.
CHAMPION recorded the highest volume while SEPLAT recorded value for the day.
Read: NGX Price List for Tuesday, 22nd October 2024
MARKET STATISTICS
| CAP | N59,923,704,561,651.59 | One Day (ASI CHG) | +0.20% |
| Index | 98,892.58 | One Week (ASI CHG) | +0.36% |
| Volume | 591,010,474 | One Month (ASI CHG) | +0.66% |
| Value | N24,844,810,373.36 | Six Months (ASI CHG) | -0.42% |
| Deals | 6,987 | 52 Weeks (ASI CHG) | +47.12% |
| Gainers | 23 | Losers | 15 |
| Unchanged | 78 | Total | 116 |
| YTD Returns | +32.26% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.20 |
| NGX30 | +0.19 |
| NGXBNK | +0.91 |
| NGXCNSMRGDS | -0.70 |
| NGXINDUSTR | 0.00 |
| NGXINS | +1.22 |
| NGXLOTUSISLM | -0.97 |
| NGXOILGAS | -0.31 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| TRANSCOHOT | 97.00 | 106.00 | 9.00 | 9.28 |
| WAPIC | 0.88 | 0.96 | 0.08 | 9.09 |
| UPDC | 1.45 | 1.55 | 0.10 | 6.90 |
| UNIVINSURE | 0.34 | 0.36 | 0.02 | 5.88 |
| ABCTRANS | 1.29 | 1.35 | 0.06 | 4.65 |
| UACN | 20.20 | 21.00 | 0.80 | 3.96 |
| CILEASING | 3.60 | 3.74 | 0.14 | 3.89 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| JOHNHOLT | 3.05 | 2.75 | -0.30 | -9.84 |
| TANTALIZER | 0.61 | 0.55 | -0.06 | -9.84 |
| DANGSUGAR | 34.00 | 31.00 | -3.00 | -8.82 |
| REGALINS | 0.56 | 0.52 | -0.04 | -7.14 |
| HONYFLOUR | 4.65 | 4.38 | -0.27 | -5.81 |
| NEIMETH | 1.98 | 1.91 | -0.07 | -3.54 |
| NSLTECH | 0.58 | 0.56 | -0.02 | -3.45 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| CHAMPION | 3.77 | 97 | 255,276,698 |
| JAPAULGOLD | 2.35 | 132 | 108,849,149 |
| UBA | 27.00 | 531 | 44,989,564 |
| FCMB | 8.45 | 125 | 19,153,497 |
| CILEASING | 3.74 | 54 | 16,912,649 |
| ZENITHBANK | 37.55 | 320 | 11,825,171 |
| CONHALLPLC | 1.47 | 27 | 10,046,800 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Volume |
| SEPLAT | 5,700.00 | 478 | 19,480,524,288.00 |
| UBA | 27.00 | 531 | 1,191,401,501.80 |
| CHAMPION | 3.77 | 97 | 1,020,694,039.73 |
| OANDO | 81.50 | 565 | 546,593,055.55 |
| ZENITHBANK | 37.55 | 320 | 444,268,014.00 |
| JAPAULGOLD | 2.35 | 132 | 255,821,567.85 |
| GTCO | 52.50 | 235 | 244,374,937.35 |
OUTLOOK
The Nigerian Equities Market is rallying, fueled by strong investor interest, particularly in stocks like TRANSCOHOT, which reported a 192% profit growth in its Q3 financial results. We expect investors’ appetite to remain a key driver of market activity as the week continues.
