Market Review for the week ended October 4th 2024
The Nigerian equities market closed trading activities last week on a negative note. The market opened for four trading days this week as the Federal Government of Nigeria declared Tuesday October 1, 2024, as Public Holiday to commemorate the Independence Day Celebration. The NGX All-Share Index and the Market Capitalization depreciated for the week by 0.95% to close the week at 97,520.54 and N56.038 trillion respectively.
Forty-five (45) equities appreciated in price during the week, thirty-three (33) equities depreciated in price while seventy-three (73) equities remained unchanged same as recorded in the previous week. Meanwhile, a total turnover of 2.872 billion shares worth N132 billion in 39,867 deals was traded this week by investors on the floor of the exchange.
Top 5 Price Gainers
| Security | Previous Close | Closed Price | Gain | % change |
| CAVERTO | 2.54 | 3.69 | 1.15 | 45.28 |
| FIDELITYBK | 10.95 | 13.60 | 2.65 | 24.20 |
| FIDSO | 13.10 | 15.95 | 2.85 | 21.76 |
| VITAFOAM | 18.10 | 22.00 | 3.9 | 21.55 |
| MEYER | 5.83 | 7.05 | 1.22 | 20.93 |
Top 5 Price Losers
| Security | Previous Close | Closed Price | Loss | % Change |
| FM | 43.50 | 35.25 | -8.25 | -18.97 |
| MECURE | 9.35 | 7.65 | -1.7 | -18.18 |
| TATALIZER | 0.71 | 0.61 | -0.1 | -14.08 |
| RTBRISCOE | 3.65 | 3.18 | -0.47 | -12.88 |
| IDF | 112.8 | 101.6 | -11.2 | -9.93 |
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