Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (31/12/2024), as the NGX-ASI decreased to 102,926.40 from 103,149.35 recorded at the close of the previous trading day, indicating a YTD return of +37.65%.
Similarly, the market capitalization decreased by ₦136 billion to ₦62.763 billion from ₦62.899 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦40.335 billion from ₦15.497 billion.
The market breadth was positive at 1.26X as 34 stocks advanced and 27 stocks declined, while 61 stocks remained unchanged. BETAGLAS topped the gainers’ list with 10.00%, while ETERNA declined by -10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume While ARADEL recorded the highest value for the day.
Read: NGX Price List for Tuesday, 31st December 2024
MARKET STATISTICS
| CAP | N62,763,276,924,058.06 | One Day (ASI CHG) | -0.22% |
| Index | 102,926.40 | One Week (ASI CHG) | +0.72% |
| Volume | 437,758,859 | One Month (ASI CHG) | +5.56% |
| Value | N40,335,324,235.13 | Six Months (ASI CHG) | +2.86% |
| Deals | 8,830 | 52 Weeks (ASI CHG) | +37.65% |
| Gainers | 34 | Losers | 27 |
| Unchanged | 61 | Total | 122 |
| YTD Returns | +37.65% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.22 |
| NGX30 | -0.23 |
| NGXBNK | -0.34 |
| NGXCNSMRGDS | -0.29 |
| NGXINDUSTR | +0.17 |
| NGXINS | +4.93 |
| NGXLOTUSISLM | +1.09 |
| NGXOILGAS | +0.43 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | % Change |
| BETAGLAS | 59.00 | 64.90 | 5.90 | 10.00 |
| PRESTIGE | 1.10 | 1.21 | 0.11 | 10.00 |
| UNIVINSURE | 0.60 | 0.66 | 0.06 | 10.00 |
| OKOMUOIL | 403.70 | 444.00 | 40.30 | 9.98 |
| THOMASWY | 1.72 | 1.89 | 0.17 | 9.88 |
| CONHALLPLC | 3.14 | 3.45 | 0.31 | 9.87 |
| UNILEVER | 30.00 | 32.95 | 2.95 | 9.83 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | % Change |
| ETERNA | 27.00 | 24.30 | -2.70 | -10.00 |
| UNIONDICON | 8.00 | 7.20 | -0.80 | -10.00 |
| CHAMPION | 4.15 | 3.81 | -0.34 | -8.19 |
| PZ | 26.10 | 24.30 | -1.80 | -6.90 |
| CADBURY | 23.00 | 21.50 | -1.50 | -6.52 |
| LEARNAFRCA | 4.77 | 4.50 | -0.27 | -5.66 |
| CAVERTON | 2.45 | 2.32 | -0.13 | -5.31 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| ACCESSCORP | 23.85 | 406 | 30,255,051 |
| UNIVINSURE | 0.66 | 111 | 24,625,873 |
| PRESTIGE | 1.21 | 102 | 24,250,532 |
| SKYAVN | 33.45 | 50 | 22,149,292 |
| ARADEL | 598.00 | 326 | 21,720,881 |
| PZ | 24.30 | 36 | 18,779,958 |
| CHAMS | 1.99 | 149 | 18,474,686 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| ARADEL | 598.00 | 326 | 12,967,011,679.30 |
| GEREGU | 1,150.00 | 131 | 10,358,992,080.00 |
| SEPLAT | 5,700.00 | 67 | 9,536,798,250.00 |
| TOTAL | 698.00 | 170 | 1,119,135,974.70 |
| ACCESSCORP | 23.85 | 406 | 723,888,067.15 |
| SKYAVN | 33.45 | 50 | 662,187,613.45 |
| GTCO | 57.00 | 155 | 625,580,679.15 |
OUTLOOK
On New Year’s Eve, the market experienced a downturn closing with a 0.22% loss. This decline reflects cautious sentiment among investors as the year ends. While expectations of recovery remain feasible, driven by key economic indicators and potential market catalysts, investors should stay vigilant and prepare for possible volatility as the market adapts to new fiscal and economic conditions in 2025.
