Trading activities in the Nigerian Equities market closed negative at the end of today, Monday (28/10/2024), as the NGX-ASI decreased to 98,708.90 from 99,448.91 recorded at the close of the previous trading day; indicating a YTD return of +32.01%.
Similarly, the market capitalization decreased by N448.41 billion to N59.812 trillion from N60.260 trillion recorded at the close of the previous trading day. While the market turnover decreased to N4.552 billion from N9.526 billion.
The market breadth was negative at 0.61X as 17 stocks advanced and 28 stocks declined, while 73 stocks remained unchanged. EUNISELL topped the gainers’ list with 10.00%, while BUACEMENT declined by -10.00% to lead the losers’ chart.
CHAMS recorded the highest volume, while UBA recorded the highest value for the day.
Read: NGX Price List for Monday, 28th October 2024
MARKET STATISTICS
| CAP | N59,812,402,206,683.96 | One Day (ASI CHG) | -0.74% |
| Index | 98,708.90 | One Week (ASI CHG) | +0.01% |
| Volume | 353,182,995 | One Month (ASI CHG) | +0.25% |
| Value | N4,552,121,766.03 | Six Months (ASI CHG) | +0.85% |
| Deals | 9,417 | 52 Weeks (ASI CHG) | +44.92% |
| Gainers | 17 | Losers | 28 |
| Unchanged | 73 | Total | 118 |
| YTD Returns | +32.01% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.74 |
| NGX30 | -0.75 |
| NGXBNK | -1.47 |
| NGXCNSMRGDS | -0.28 |
| NGXINDUSTR | -3.52 |
| NGXINS | -1.13 |
| NGXLOTUSISLM | -0.25 |
| NGXOILGAS | -0.29 |
Top 7 Gainers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| EUNISELL | 3.50 | 3.85 | 0.35 | 10.00 |
| LIVESTOCK | 3.41 | 3.75 | 0.34 | 9.97 |
| TRANSCORP | 44.20 | 48.60 | 4.40 | 9.95 |
| RTBRISCOE | 3.05 | 3.35 | 0.30 | 9.84 |
| JAIZBANK | 2.37 | 2.59 | 0.22 | 9.28 |
| NSLTECH | 0.56 | 0.61 | 0.05 | 8.93 |
| CILEASING | 3.64 | 3.90 | 0.26 | 7.14 |
Top 7 Losers
| Security | Previous Close (N) | Close Price (N) | Price Change (N) | % Change |
| BUACEMENT | 110.00 | 99.00 | -11.00 | -10.00 |
| LASACO | 2.86 | 2.58 | -0.28 | -9.79 |
| DAARCOMM | 0.64 | 0.58 | -0.06 | -9.38 |
| REGALINS | 0.56 | 0.51 | -0.05 | -8.93 |
| JAPAULGOLD | 2.44 | 2.28 | -0.16 | -6.56 |
| WAPIC | 0.95 | 0.89 | -0.06 | -6.32 |
| HONYFLOUR | 4.75 | 4.46 | -0.29 | -6.11 |
Top 7 Traded Stocks By Volume
| Security | Close Price (N) | Number of Trades | Daily Volume |
| CHAMS | 1.99 | 72 | 84,618,170 |
| UBA | 28.90 | 738 | 27,001,365 |
| ACCESSCORP | 22.60 | 559 | 22,221,217 |
| JAPAULGOLD | 2.28 | 201 | 15,200,728 |
| TRANSCORP | 48.60 | 465 | 10,463,665 |
| AIICO | 1.20 | 107 | 10,272,131 |
| LASACO | 2.58 | 100 | 10,114,530 |
Top 7 Traded Stocks By Value
| Security | Close Price (N) | Number of Trades | Daily Value (N) |
| UBA | 28.90 | 738 | 790,182,457.50 |
| TRANSCORP | 48.60 | 465 | 507,982,443.80 |
| ACCESSCORP | 22.60 | 559 | 503,637,665.40 |
| ARADEL | 600.10 | 525 | 324,547,105.40 |
| ZENITHBANK | 39.90 | 431 | 281,905,369.80 |
| PRESCO | 485.40 | 64 | 238,153,108.10 |
| TOTAL | 673.90 | 100 | 185,977,401.30 |
OUTLOOK
The Nigerian equities market closed in the red at the end of today’s trading session. The market’s downturn was across-the-board, with all sectors posting losses, reflecting investor’s caution. However we foresee a positive trend by the end of the week
