NGX : Investors gain N5.38bn as ASI inches up by 0.02%, YTD return hits 4.34%
NGX: Investors record N635.77bn gain Wow as ASI appreciates by 2.43% to close the week positive
Trading activities in the equities market firmed up further at the end of today’s trading session as market maintained the positive outlook earlier recorded at the end of the previous session.
The NGX All-Share index inched up by +1.64% to close at 49,638.94 basis points as against the +0.55% gain recorded at the end of the previous trading session.
The total volume traded grew by +743.25% to close at 6.41bn, valued at N30.24bn and traded in 6,378 deals. Honywell Flour was the most traded stock by volume with 6.09 billion units traded, while Honywell FLOUR was also the most traded stock by value which is put at N25.61 billion.
At the end of the last weekday of trading , a total of 319,350,888 shares in 6,371 deals, corresponding to a market value of NGN 4,676,688,080.55, were traded. Compared with the previous NGX trading day (Thursday, April 28), today’s data shows 58% decline in volume, 16% decline in turnover, but 27% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 26.8 trillion.
In the aggregate, 111 NGX listed equities participated in trading, ending with 35 gainers and 13 losers. N.E.M. Insurance Company led the gainers with 10% share price appreciation closing at NGN 4.40 per share, followed by Academy Press (+9.7%), Cadbury Nigeria (+9.63%) and Champion Breweries (+9.57%).
On the losing side, NPF Microfinance Bank came out last with an end-of-day price depreciation of 10% at NGN 1.98 per share, followed by Trans-Nationwide Express (-8.99%), Eterna (-7.38%) and Cornerstone Insurance Company (-4.84%). Transcorp Nigeria recorded the highest volume of 36.1 million traded shares, followed by Aiico Insurance (27.1m), FCMB Group (22.1m) and FBN Holdings (16.5m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) increased by 801.18 (1.64%) points to close at 49,638.94, representing a 1-week gain of 2.43%, a 4-week gain of 5.83%, and an overall year-to-date gain of 16.21%. Other remarkable indices that performed were the NGX Top 50 Index (+1.33%; +2.81% 1WK; +9.18% YTD), NGX Top 30 Index (+0.82%; +2.11% 1WK; +9.52% YTD), NGX Main Board Index (+2.23%; +2.79% 1WK; +19.72% YTD), NGX Insurance Index (+1.85%; +3.43% 1WK; -2.55% YTD), NGX Consumer Goods Index (+1.31%; +6.35% 1WK; +4.89% YTD), and NGX Industrial Index (+1.2%; +0.51% 1WK; +8.81% YTD).
