Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (02/12/2024), as the NGX-ASI increased to 97,733.86 from 97,506.87 recorded at the close of the previous trading day, indicating a YTD return of +30.71%.
Similarly, the market capitalization increased by N137.61 billion to N59.245 trillion from N59.107 trillion recorded at the previous trading day’s close. However, the market turnover decreased to N10.150 billion from N15.083 billion.
The market breadth was positive at 1.50X as 36 stocks advanced and 24 stocks declined, while 62 stocks remained unchanged. WAPCO topped the gainers’ list with 10.00%, while ETRANZACT declined by -10.00% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Monday, 2nd December 2024
MARKET STATISTICS
| CAP | N59,245,030,038,064.94 | One Day (ASI CHG) | 0.23% |
| Index | 97,733.86 | One Week (ASI CHG) | 0.11% |
| Volume | 451,165,300 | One Month (ASI CHG) | 0.31% |
| Value | N10,150,434,724.70 | Six Months (ASI CHG) | -1.40% |
| Deals | 9,329 | 52 Weeks (ASI CHG) | 37.76% |
| Gainers | 36 | Losers | 24 |
| Unchanged | 62 | Total | 122 |
| YTD Returns | +30.71% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | 0.23 |
| NGX30 | 0.21 |
| NGXBNK | 0.08 |
| NGXCNSMRGDS | 0.67 |
| NGXINDUSTR | 0.89 |
| NGXINS | 2.14 |
| NGXLOTUSISLM | 1.35 |
| NGXOILGAS | 0.37 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| WAPCO | 58.00 | 63.80 | 5.80 | 10.00 |
| AFRIPRUD | 9.00 | 9.90 | 0.90 | 10.00 |
| ABBEYBDS | 2.40 | 2.64 | 0.24 | 10.00 |
| VFDGROUP | 40.50 | 44.50 | 4.00 | 9.88 |
| SOVRENINS | 0.73 | 0.80 | 0.07 | 9.59 |
| TANTALIZER | 1.15 | 1.26 | 0.11 | 9.57 |
| LASACO | 2.13 | 2.33 | 0.20 | 9.39 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Price Change (₦) | % Change |
| ETRANZACT | 7.50 | 6.75 | -0.75 | -10.00 |
| NCR | 4.74 | 4.27 | -0.47 | -9.92 |
| FTNCOCOA | 1.93 | 1.77 | -0.16 | -8.29 |
| HONYFLOUR | 4.73 | 4.45 | -0.28 | -5.92 |
| NPFMCRFBK | 1.57 | 1.50 | -0.07 | -4.46 |
| ABCTRANS | 1.17 | 1.13 | -0.04 | -3.42 |
| CAVERTON | 1.90 | 1.84 | -0.06 | -3.16 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| JAPAULGOLD | 2.24 | 142 | 72,034,231 |
| UBA | 33.10 | 785 | 67,868,103 |
| ACCESSCORP | 23.95 | 521 | 53,627,150 |
| WAPCO | 63.80 | 187 | 21,265,457 |
| GTCO | 52.50 | 259 | 20,916,227 |
| ZENITHBANK | 44.70 | 424 | 17,783,987 |
| DANGSUGAR | 34.90 | 181 | 15,728,052 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| UBA | 33.10 | 785 | 2,234,004,627.25 |
| WAPCO | 63.80 | 187 | 1,356,736,156.60 |
| ACCESSCORP | 23.95 | 521 | 1,245,665,458.25 |
| GTCO | 52.50 | 259 | 1,097,014,813.15 |
| ZENITHBANK | 44.70 | 424 | 789,686,827.05 |
| DANGSUGAR | 34.90 | 181 | 550,105,906.80 |
| BETAGLAS | 49.00 | 31 | 371,665,330.75 |
OUTLOOK
The Equities Market closed positive at the end of today’s trading. As the market continues to display resilience amid positive macro signals, we anticipate continuous bullish sentiment in the remaining days of the week.
