Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (10/09/2024), as the NGX-ASI increased to 96,802.80 from 96,205.84 recorded at the close of the previous trading day; indicating a YTD return of +29.46%.
Similarly, the market capitalization increased by N343 billion to N55.626 trillion from N55.283 trillion recorded at the close of the previous trading day. However, the market turnover decreased to N13.313 billion from N14.647 billion.
The market breadth was positive at 1.67X as 30 stocks advanced and 18 stocks declined, while 65 stocks remained unchanged. SFSREIT topped the gainers’ list with 9.98%, while LEARNAFRCA declined by 9.69% to lead the losers’ chart.
OANDO recorded the highest volume and the highest value for the day.
Read: NGX Price List for Tuesday, 10th September 2024
MARKET STATISTICS
| CAP | N55,626,078,979,102.87 | One Day (ASI CHG) | +0.62% |
| Index | 96,802.80 | One Week (ASI CHG) | -0.07% |
| Volume | 406,194,548 | One Month (ASI CHG) | -1.81% |
| Value | N13,312,698,047.05 | Six Months (ASI CHG) | -6.49% |
| Deals | 12,241 | 52 Weeks (ASI CHG) | +45.00% |
| Gainers | 30 | Losers | 18 |
| Unchanged | 65 | Total | 113 |
| YTD Returns | +29.46% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | +0.62 |
| NGX30 | +0.53 |
| NGXBNK | -0.51 |
| NGXCNSMRGDS | -0.18 |
| NGXINDUSTR | +0.01 |
| NGXINS | -0.42 |
| NGXLOTUSISLM | +0.70 |
| NGXOILGAS | +0.01 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| SFSREIT | 148.35 | 163.15 | 14.80 | 9.98 |
| RTBRISCOE | 2.82 | 3.10 | 0.28 | 9.93 |
| CAVERTON | 1.74 | 1.91 | 0.17 | 9.77 |
| CUSTODIAN | 12.40 | 13.50 | 1.10 | 8.87 |
| OMATEK | 0.68 | 0.74 | 0.06 | 8.82 |
| GUINEAINS | 0.50 | 0.54 | 0.04 | 8.00 |
| NSLTECH | 0.64 | 0.69 | 0.05 | 7.81 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| LEARNAFRCA | 4.13 | 3.73 | -0.40 | -9.69 |
| JAPAULGOLD | 2.70 | 2.52 | -0.18 | -6.67 |
| AIICO | 1.14 | 1.09 | -0.05 | -4.39 |
| NEIMETH | 2.10 | 2.01 | -0.09 | -4.29 |
| SOVRENINS | 0.70 | 0.67 | -0.03 | -4.29 |
| PRESTIGE | 0.52 | 0.50 | -0.02 | -3.85 |
| DANGSUGAR | 35.35 | 34.15 | -1.20 | -3.39 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Volume |
| OANDO | 95.50 | 2,577 | 58,485,705 |
| ACCESSCORP | 18.00 | 729 | 30,379,481 |
| JAPAULGOLD | 2.52 | 384 | 28,826,964 |
| FBNH | 24.00 | 338 | 20,883,222 |
| UBA | 23.00 | 415 | 19,991,679 |
| GTCO | 45.50 | 279 | 18,923,683 |
| ZENITHBANK | 37.00 | 523 | 14,882,895 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Value (N) |
| OANDO | 95.50 | 2,577 | 5,520,952,479.00 |
| GTCO | 45.50 | 279 | 860,682,625.90 |
| ACCESSCORP | 18.00 | 729 | 557,654,678.55 |
| ZENITHBANK | 37.00 | 523 | 550,273,523.65 |
| MTNN | 192.50 | 326 | 498,327,575.30 |
| FBNH | 24.00 | 338 | 495,605,683.65 |
| UBA | 23.00 | 415 | 462,588,088.45 |
OUTLOOK
The stock market recovered from the previous day’s negative performance to close positive at the end of today’s trading. Despite this performance posted, we project a mixed trend in the remaining days of the week.
