Market Review for the week ended September 20th 2024
The Nigerian equities market closed trading activities last week on a positive note. The NGX All-Share Index and the Market Capitalization appreciated for the week by 0.81% to close the week at 98,247.99and N56.457 trillion respectively. The market opened for four trading days this week; Monday September 16, 2024 was declared by the Federal Government of Nigeria as Public Holiday to commemorate 2024 Eid el Maulud celebration.
Forty-one (41) equities appreciated in price during the week, forty (40) equities depreciated in price while seventy (70) equities remained unchanged higher than sixty-eight (68) recorded in the previous week. Meanwhile, a total turnover of 1.86 billion shares worth N38.45 billion in 40,228 deals was traded this week by investors on the floor of the exchange.
Top 5 Price Gainers
| Security | Previous Close | Open Price | Gain | % change |
| CAVERTON | 2.54 | 3.69 | 1.15 | 45.28 |
| FIDELITYBK | 10.95 | 13.60 | 2.65 | 24.20 |
| FIDSON | 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 | Open Price | Loss | % change |
| NNFM | 43.50 | 35.25 | -8.25 | -18.97 |
| MECURE | 9.35 | 7.65 | -1.7 | -18.18 |
| TANTALIZER | 0.71 | 0.61 | -0.1 | -14.08 |
| RTBRISCOE | 3.65 | 3.18 | -0.47 | -12.88 |
| NIDF | 112.8 | 101.6 | -11.2 | -9.93 |
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