Stocks Market Rally Persists, Investors Gain N467bn.

Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (19/12/2024), as the NGX-ASI increased to 101,248.02 from 100,477.46 recorded at the close of the previous trading day, indicating a YTD return of +35.41%.

The market capitalization increased by N467 billion to N61.248 billion from N60.908 trillion recorded at the previous trading day’s close. Similarly, the market turnover increased to N26.303 billion from N9.199 billion.

The market breadth was positive at 2.76X as 47 stocks advanced and 17 stocks declined, while 55 stocks remained unchanged. ARADEL topped the gainers’ list with 10.00%, while TANTALIZER declined by -9.77% to lead the losers’ chart.

UNIVINSURE recorded the highest volume, while ARADEL recorded the highest value for the day.

Read: NGX Price List for Thursday 19th December 2024

MARKET STATISTICS

CAPN61,375,404,124,363.48One Day (ASI CHG)+0.77%
Index101,248.02One Week (ASI CHG)+2.52%
Volume411,374,218One Month (ASI CHG)+3.34%
ValueN26,303,903,638.29Six Months (ASI CHG)+1.41%
Deals10,26052 Weeks (ASI CHG)+36.29%
Gainers47Losers 17
Unchanged55Total119
YTD Returns+35.41%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI+0.77
NGX30+0.24
NGXBNK+0.73
NGXCNSMRGDS+0.69
NGXINDUSTR-0.63
NGXINS+3.79
NGXLOTUSISLM+0.20
NGXOILGAS+0.32

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Change Price(N)%Change
ARADEL664730.466.410.00
UACN2527.52.510.00
HONYFLOUR55.50.510.00
NAHCO38.1541.953.89.96
MRS159.7175.615.99.96
ETERNA24.827.252.459.88
AFRIPRUD14.415.81.49.72

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Change Price(N)%Change
TANTALIZER1.741.57-0.17-9.77
MULTIVERSE5.655.1-0.55-9.73
JOHNHOLT6.515.88-0.63-9.68
CAVERTON2.452.26-0.19-7.76
OMATEK0.680.63-0.05-7.35
UPL3.773.5-0.27-7.16
DANGSUGAR3532.5-2.5-7.14

Top 7 Traded Stocks By Volume

SecurityClose Price (N)Number of TradesDaily Volume
UNIVINSURE0.412338,231,218
AIICO1.4918020,983,196
GTCO5421120,407,369
UBA33.547918,617,043
PRESTIGE0.87015,552,896
ELLAHLAKES323215,489,902
ACCESSCORP2436814,794,963

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesDaily Value
ARADEL730.46823,095,128,929.60
DANGCEM478.81812,304,394,944.00
SEPLAT5700562,248,309,710.00
PRESCO465961,597,599,487.00
NESTLE875591,092,475,193.10
GTCO542111,082,176,556.85
UBA33.5479 622,961,566.10

OUTLOOK

Equities market closed on a positive note, ending the trading day with impressive gains. This upward trend can be attributed to improved investors’ sentiment, as market participants continue to show confidence in the market. We foresee the positive sentiment to persist till the end of the week.

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