NGX Gains ₦987Bn in Post-Christmas Rally.

Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (30/12/2024), as the NGX-ASI increased to 103,149.35 from 102,133.30 recorded at the close of the previous trading day, indicating a YTD return of +37.95%.

The market capitalization increased by ₦977 billion to ₦62.899 billion from ₦61.912 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦15.497 billion from ₦17.488 billion.

The market breadth was positive at 1.76X as 37 stocks advanced and 21 stocks declined, while 65 stocks remained unchanged. NEIMETH topped the gainers’ list with 10.00%, while PZ declined by -10.00% to lead the losers’ chart.

UNIVINSURE recorded the highest volume While GTCO recorded the highest value for the day.

Read: NGX Price List for Monday 30th December 2024

MARKET STATISTICS

CAPN62,899,230,223,818.00One Day (ASI CHG)+0.99%
Index103,149.35One Week (ASI CHG)+1.77%
Volume641,117,293One Month (ASI CHG)+5.79%
ValueN15,496,844,909.36Six Months (ASI CHG)+3.09%
Deals13,77852 Weeks (ASI CHG)+37.95%
Gainers37Losers 21
Unchanged65Total123
YTD Returns+36.66%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI 0.99
NGX30 1.15
NGXBNK-0.42
NGXCNSMRGDS 1.76
NGXINDUSTR 0.01
NGXINS 2.45
NGXLOTUSISLM 1.63
NGXOILGAS-0.35

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)% Change
NEIMETH1.902.090.1910.00
PRESTIGE1.001.100.1010.00
LASACO2.813.090.289.96
MEYER7.678.430.769.91
SUNUASSUR8.999.880.899.90
ROYALEX0.911.000.099.89
TANTALIZER1.721.890.179.88

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)% Change
PZ29.0026.10-2.90-10.00
VITAFOAM23.9021.60-2.30-9.62
NGXGROUP30.0027.25-2.75-9.17
IKEJAHOTEL12.1511.25-0.90-7.41
ETERNA28.5027.00-1.50-5.26
JAPAULGOLD2.192.10-0.09-4.11
AIICO1.491.43-0.06-4.03

Top 7 Traded Stocks By Volume

SecurityClose Price (₦)Number of TradesVolume 
UNIVINSURE0.6025971,510,331
GTCO57.0029554,676,529
ACCESSCORP24.0075446,567,314
CILEASING3.8014632,324,234
LINKASSURE1.0811525,209,624
PZ26.108822,440,777
CHAMS2.0018621,413,210

Top 7 Traded Stocks By Value

SecurityClose Price (₦)Number of TradesValue (₦) 
GTCO57.002953,114,431,222.20
ARADEL600.004101,629,799,382.20
BUAFOODS415.003111,602,373,050.60
ACCESSCORP24.007541,118,528,231.25
SEPLAT5700.0072965,732,760.00
ZENITHBANK45.95510904,414,429.25
MTNN207.80734641,167,889.90

OUTLOOK

The Nigerian Exchange Limited, NGX closed on a bullish note. As 2024 year nosedives to its last day, we are anticipating that the market’s sentiment will remain positive and an impressive new start for the coming year.

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