Trading activities in the Nigerian Equities market closed negative at the end of today, Monday (4/11/2024), as the NGX-ASI decreased to 96,907.73 from 97,432.02 recorded at the close of the previous trading day; indicating a YTD return of +29.60%.
Similarly, the market capitalization decreased by N317.69 billion to N58.721 trillion from N59.039 trillion recorded at the close of the previous trading day. The market turnover decreased to N14.234 billion from N15.841 billion.
The market breadth was negative at 0.59X as 17 stocks advanced and 29 stocks declined, while 75 stocks remained unchanged. UBA topped the gainers’ list with 10.00%, while CAVERTON declined by -10.00% to lead the losers’ chart.
CONHALLPLC recorded the highest volume while UBA recorded the highest value for the day.
Read: NGX Price List for Monday, 4th November 2024
MARKET STATISTICS
| CAP | N58,720,985,608,435.43 | One Day (ASI CHG) | -0.54% |
| Index | 96,907.73 | One Week (ASI CHG) | -1.82% |
| Volume | 1,223,701,632 | One Month (ASI CHG) | -0.63% |
| Value | N14,233,797,363.40 | Six Months (ASI CHG) | -1.82% |
| Deals | 10,386 | 52 Weeks (ASI CHG) | +37.50% |
| Gainers | 17 | Losers | 29 |
| Unchanged | 75 | Total | 121 |
| YTD Returns | +29.60% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.54 |
| NGX30 | -0.02 |
| NGXBNK | 1.13 |
| NGXCNSMRGDS | 0.21 |
| NGXINDUSTR | 0.00 |
| NGXINS | -0.75 |
| NGXLOTUSISLM | -0.05 |
| NGXOILGAS | -0.16 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price(N) | Change Price (N) | % Change |
| UBA | 29.00 | 31.90 | 2.90 | 10.00 |
| JOHNHOLT | 3.30 | 3.63 | 0.33 | 10.00 |
| EUNISELL | 5.62 | 6.18 | 0.56 | 9.96 |
| STERLINGNG | 4.70 | 4.98 | 0.28 | 5.96 |
| PZ | 22.00 | 23.00 | 1.00 | 4.55 |
| JAIZBANK | 2.25 | 2.35 | 0.10 | 4.44 |
| GUINEAINS | 0.45 | 0.47 | 0.02 | 4.44 |
Top 7 Losers
| Security | Previous Close (N) | Close Price(N) | Change Price (N) | % Change |
| CAVERTON | 2.00 | 1.80 | -0.20 | -10.00 |
| ARADEL | 445.60 | 401.10 | -44.50 | -9.99 |
| OANDO | 89.65 | 80.70 | -8.95 | -9.98 |
| FTNCOCOA | 1.92 | 1.73 | -0.19 | -9.90 |
| VERITASKAP | 1.42 | 1.28 | -0.14 | -9.86 |
| DEAPCAP | 1.25 | 1.13 | -0.12 | -9.60 |
| ROYALEX | 0.63 | 0.57 | -0.06 | -9.52 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Daily Volume |
| CONHALLPLC | 1.49 | 23 | 567,248,492 |
| UBA | 31.90 | 1051 | 240,756,811 |
| STERLINGNG | 4.98 | 272 | 122,305,957 |
| SOVRENINS | 0.57 | 10 | 59,432,756 |
| ACCESSCORP | 22.50 | 503 | 26,141,057 |
| GTCO | 55.10 | 347 | 21,477,515 |
| JAIZBANK | 2.35 | 131 | 21,295,648 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Daily Value (N) |
| UBA | 31.90 | 1051 | 7,287,624,788.50 |
| ARADEL | 401.10 | 943 | 1,449,336,762.60 |
| GTCO | 55.10 | 347 | 1,176,830,200.15 |
| CONHALLPLC | 1.49 | 23 | 822,513,640.86 |
| ZENITHBANK | 40.65 | 437 | 643,816,812.40 |
| STERLINGNG | 4.98 | 272 | 603,022,211.78 |
| ACCESSCORP | 22.50 | 503 | 579,457,755.35 |
OUTLOOK
The Nigerian equities market closed negative at the end of today’s trade, this could be attributed to Investors’ sell-offs. However, we foresee mixed performance throughout the week as companies continue to release their Q3 financial results.
