Investors lose N111.15bn as NGX-ASI decreases by 0.31%
Nigeria’s Equities Market closed negative on Thursday as the NGX-ASI decreased by 0.31% to close at 65,482.91 compared to 65,687.16 recorded at the close of the previous trading day; indicating a YTD return of +27.77%.
Market capitalization decreased by N111.15 billion to N35.63477 trillion from N35.74591 trillion recorded at the close of the previous trading day, while the market turnover decreased to N4.80 billion from N7.14 billion recorded at the close of the previous trading day.
At the end of today’s trading session, a total of 509,247,334 shares in 8,070 deals, corresponding to a market value of NGN 4,795,814,472.23, were traded.
Compared with the previous NGX trading day (Wednesday, July 26), today’s data shows 2% improvement in volume, 33% decline in turnover, but 10% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 35.6 trillion.
In the aggregate, 116 NGX listed equities participated in trading, ending with 14 gainers and 38 losers. Lasaco Assurance led the gainers with 10% share price appreciation closing at NGN 2.09 per share, followed by Multiverse Mining & Exploration (+9.96%), Skyway Aviation Handling Co. (+9.91%) and RT Briscoe (+6%).
On the losing side, Japaul Gold and Ventures came out last with an end-of-day price depreciation of 9.91% at NGN 1.00 per share, followed by Cadbury Nigeria (-9.8%), FTN Cocoa Processors (-9.4%) and Neimeth International Pharma (-9.34%). Japaul Gold and Ventures recorded the highest volume of 116 million traded shares, followed by United Bank for Africa (40.4m), Transcorp Nigeria (37.5m) and FCMB Group (35m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) shed 204.25 (-0.31%) points to close at 65,482.91, representing a 1-week gain of 2.43%, a 4-week gain of 8.94%, and an overall year-to-date gain of 27.77%.
Other remarkable indices that performed were the NGX Top 30 Index (-0.35%; +2.36% 1WK; +29.41% YTD), NGX Top 50 Index (-0.98%; +4.21% 1WK; +44.14% YTD), NGX Oil & Gas Index (+0.88%; +8.92% 1WK; +100.59% YTD), NGX Banking Index (+0.02%; +8.42% 1WK; +66.85% YTD), NGX Industrial Index (+0.01%; -0.13% 1WK; +18.62% YTD), and NGX Premium Index (-0.22%; +3.03% 1WK; +46.96% YTD).
Top Gainers(14) | ||
LASACO | 2.09 | +10.00% |
MULTIVERSE | 2.98 | +9.96% |
SKYAVN | 23.30 | +9.91% |
RTBRISCOE | 0.53 | +6.00% |
CAP | 22.00 | +5.26% |
TOTAL | 385.00 | +4.05% |
Bottom Losers(38) | ||
JAPAULGOLD | 1.00 | -9.91% |
CADBURY | 13.80 | -9.80% |
FTNCOCOA | 2.41 | -9.40% |
NEIMETH | 1.65 | -9.34% |
COURTVILLE | 0.60 | -9.09% |
UNITYBNK | 1.45 | -8.23% |