Photo Caption L – R shows Head, Primary Market, Mr. Tony Ibeziako; Ag. Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka; BU President, Nigeria, International Breweries Plc, Carlos Coutino; Finance Director, BU West, International Breweries Plc, Mr. David Tomlison and Managing Director, Investment Banking, Chapel Hill Denham, Mr. Lanre Buluro during the International Breweries Plc Facts Behind the Right Issue at the Exchange today in Lagos.
Equity investors record N84.71bn loss as NGXASI declines by 0.15%
Photo Caption
L – R shows Head, Primary Market, Mr. Tony Ibeziako; Ag. Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka; BU President, Nigeria, International Breweries Plc, Carlos Coutino; Finance Director, BU West, International Breweries Plc, Mr. David Tomlison and Managing Director, Investment Banking, Chapel Hill Denham, Mr. Lanre Buluro during the International Breweries Plc Facts Behind the Right Issue at the Exchange today in Lagos.
Nigeria’s Equities Market closed negative on Thursday by 0.15% as the NGX-ASI decreased to 97,978.02 from 98,128.00 recorded at the close of the previous trading day; indicating a YTD return of +31.03%
Market capitalization decreased by N84.71 billion to N55.424 trillion from N55.509 trillion recorded at the close of the previous trading day, while the market turnover increased to N7.700 billion from N5.434 billion.
At the end of today’s trading session , a total of 316,453,262 shares in 7,852 deals, corresponding to a market value of NGN 7,699,957,617.60, were traded.
Compared with the previous NGX trading day (Wednesday, May 22), today’s data shows 16% improvement in volume, 42% improvement in turnover, and 6% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 55.4 trillion.
In the aggregate, 122 NGX listed equities participated in trading, ending with 17 gainers and 28 losers. C&I Leasing led the gainers with 9.9% share price appreciation closing at NGN 3.44 per share, followed by Caverton Offshore Support Group (+7.69%), Chams (+7.14%) and Consolidated Hallmark Holdings (+6.15%).
On the losing side, Skyway Aviation Handling Co. came out last with an end-of-day price depreciation of 9.8% at NGN 20.70 per share, followed by N.E.M. Insurance Company (-9.47%), FTN Cocoa Processors (-9.35%) and Tantalizers (-9.26%). United Bank for Africa recorded the highest volume of 50.3 million traded shares, followed by Guaranty Trust Holding (38.5m), Zenith Bank (28.9m) and Transcorp Nigeria (21.6m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) pared 149.98 (-0.15%) points to close at 97,978.02, representing a 1-week loss of 0.18%, a 4-week loss of 0.15%, but an overall year-to-date gain of 31.03%.
Other remarkable indices that performed were the NGX Top 30 Index (-0.15%; -0.26% 1WK; +29.97% YTD), NGX Oil & Gas Index (+0.72%; +0.45% 1WK; +13.75% YTD), NGX Industrial Index (+0%; +0.18% 1WK; +73.29% YTD), NGX Consumer Goods Index (-0.05%; +0.83% 1WK; +37.28% YTD), NGX Premium Index (-0.06%; +0.33% 1WK; +33.78% YTD), and NGX Main Board Index (-0.21%; -0.5% 1WK; +32.58% YTD).
