Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (08/10/2024), as the NGX-ASI decreased to 97,584.81 from 97,706.70 recorded at the close of the previous trading day; indicating a YTD return of +30.51%.
Similarly, the market capitalization decreased by N70 billion to N56.076 trillion from N56.146 trillion recorded at the close of the previous trading day. The market turnover however increased to N8.341 billion from N5.962 billion.
The market breadth was negative at 0.83X as 24 stocks advanced and 29 stocks declined, while 64 stocks remained unchanged. REGALINS topped the gainers’ list with 10.00%, while GUINNESS declined by -10.00% to lead the losers’ chart.
WAPIC recorded the highest volume while SEPLAT recorded the highest value for the day.
Read: NGX Price List for Tuesday, 8th October 2024
MARKET STATISTICS
| CAP | N56,075,614,009,480.07 | One Day (ASI CHG) | -0.12% |
| Index | 97,584.81 | One Week (ASI CHG) | -0.99% |
| Volume | 719,111,176 | One Month (ASI CHG) | +1.19% |
| Value | N8,341,396,734.56 | Six Months (ASI CHG) | -5.30% |
| Deals | 9,435 | 52 Weeks (ASI CHG) | +45.68% |
| Gainers | 24 | Losers | 29 |
| Unchanged | 64 | Total | 117 |
| YTD Returns | +30.51% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.12 |
| NGX30 | +0.10 |
| NGXBNK | -0.50 |
| NGXCNSMRGDS | -1.73 |
| NGXINDUSTR | +0.01 |
| NGXINS | +0.86 |
| NGXLOTUSISLM | -0.13 |
| NGXOILGAS | +1.98 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| REGALINS | 0.50 | 0.55 | 0.05 | 10.00 |
| PZ | 17.65 | 19.20 | 1.55 | 8.78 |
| CUTIX | 2.50 | 2.64 | 0.14 | 5.60 |
| DEAPCAP | 1.43 | 1.51 | 0.08 | 5.59 |
| SEPLAT | 4,964.70 | 5,217.20 | 252.50 | 5.09 |
| GUINEAINS | 0.44 | 0.46 | 0.02 | 4.55 |
| FIDELITYBK | 14.30 | 14.95 | 0.65 | 4.55 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| GUINNESS | 68.00 | 61.20 | -6.80 | -10.00 |
| AFRIPRUD | 10.65 | 9.60 | -1.05 | -9.86 |
| INTBREW | 4.41 | 4.01 | -0.40 | -9.07 |
| CWG | 6.45 | 6.00 | -0.45 | -6.98 |
| UPDC | 1.68 | 1.58 | -0.10 | -5.95 |
| OANDO | 77.00 | 72.50 | -4.50 | -5.84 |
| RTBRISCOE | 3.60 | 3.41 | -0.19 | -5.28 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| WAPIC | 0.80 | 28 | 402,259,608 |
| FIDELITYBK | 14.95 | 706 | 49,924,279 |
| ACCESSCORP | 19.75 | 379 | 25,428,369 |
| UBA | 27.50 | 726 | 23,069,530 |
| VERITASKAP | 1.55 | 110 | 13,926,090 |
| LIVESTOCK | 3.74 | 231 | 11,160,621 |
| STERLINGNG | 4.98 | 120 | 10,681,824 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| SEPLAT | 5,217.20 | 151 | 2,245,059,610.80 |
| FIDELITYBK | 14.95 | 706 | 760,211,898.40 |
| OANDO | 72.50 | 708 | 758,785,415.15 |
| UBA | 27.50 | 726 | 648,213,237.70 |
| GUINNESS | 61.20 | 75 | 630,225,807.90 |
| ACCESSCORP | 19.75 | 379 | 501,340,147.20 |
| GTCO | 47.20 | 394 | 420,192,005.60 |
OUTLOOK
The Nigerian Stock Market recorded a decrease at the end of today’s trading session as profit-taking sentiment held a grip on the market to reverse the previous day’s positive result. We project a mixed turn of results in the market’s sentiment as trading activities progress for the week.
