Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (25/09/2024), as the NGX-ASI increased to 98,987.42 from 98,568.59 recorded at the close of the previous trading day; indicating a YTD return of +32.38%.
Similarly, the market capitalization increased by N241 billion to N56.882 trillion from N56.641 trillion recorded at the close of the previous trading day. The market turnover also increased to N12.575 billion from N11.781 billion.
The market breadth was positive at 1.21X as 29 stocks advanced and 24 stocks declined, while 64 stocks remained unchanged. SEPLAT topped the gainers’ list with 10.00%, while MULTIVERSE declined by -9.90% to lead the losers’ chart.
FIDELITYBK recorded the highest volume while FBNH recorded highest value for the day.
Read: NGX Price List for Wednesday, 25th September 2024
MARKET STATISTICS
| CAP | N56,881,542,236,316.54 | One Day (ASI CHG) | +0.42% |
| Index | 98,987.42 | One Week (ASI CHG) | +0.77% |
| Volume | 603,301,607 | One Month (ASI CHG) | +3.14% |
| Value | N12,575,456,552.00 | Six Months (ASI CHG) | -5.08% |
| Deals | 9,723 | 52 Weeks (ASI CHG) | +48.51% |
| Gainers | 29 | Losers | 24 |
| Unchanged | 64 | Total | 117 |
| YTD Returns | +32.38% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.42 |
| NGX30 | +0.39 |
| NGXBNK | -0.70 |
| NGXCNSMRGDS | +0.50 |
| NGXINDUSTR | +0.03 |
| NGXINS | -0.35 |
| NGXLOTUSISLM | +0.97 |
| NGXOILGAS | +3.27 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| SEPLAT | 3,730.10 | 4,103.10 | 373.00 | 10.00 |
| FLOURMILL | 55.00 | 60.50 | 5.50 | 10.00 |
| ELLAHLAKES | 3.71 | 4.08 | 0.37 | 9.97 |
| HONYFLOUR | 4.56 | 5.01 | 0.45 | 9.87 |
| ABCTRANS | 1.15 | 1.26 | 0.11 | 9.57 |
| DEAPCAP | 0.84 | 0.92 | 0.08 | 9.52 |
| REGALINS | 0.53 | 0.58 | 0.05 | 9.43 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| MULTIVERSE | 10.10 | 9.10 | -1.00 | -9.90 |
| CAVERTON | 3.65 | 3.29 | -0.36 | -9.86 |
| MANSARD | 5.90 | 5.50 | -0.40 | -6.78 |
| FBNH | 31.00 | 29.00 | -2.00 | -6.45 |
| FIDELITYBK | 16.40 | 15.35 | -1.05 | -6.40 |
| JAPAULGOLD | 2.60 | 2.46 | -0.14 | -5.38 |
| CHAMS | 2.10 | 2.00 | -0.10 | -4.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| FIDELITYBK | 15.35 | 1014 | 121,733,515 |
| FBNH | 29.00 | 292 | 108,771,446 |
| TRANSCORP | 11.20 | 284 | 82,588,147 |
| UBA | 26.40 | 668 | 41,919,773 |
| MANSARD | 5.50 | 61 | 24,644,083 |
| ZENITHBANK | 37.70 | 445 | 21,050,457 |
| ACCESSCORP | 19.50 | 461 | 17,384,066 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| FBNH | 29.00 | 292 | 3,456,334,152.50 |
| FIDELITYBK | 15.35 | 1014 | 2,069,260,655.65 |
| UBA | 26.40 | 668 | 1,088,089,408.85 |
| TRANSCORP | 11.20 | 284 | 919,909,392.55 |
| ZENITHBANK | 37.70 | 445 | 793,835,913.00 |
| OKOMUOIL | 393.00 | 104 | 685,138,367.90 |
| OANDO | 75.00 | 697 | 509,630,762.60 |
OUTLOOK
Investors appetite and bargain hunting sentiment drive market as trading closes with an impressive performance. It is expected that the market will continue in this direction for the remaining days of the week.
