Equities investors gain N343.22bn as NGX-ASI advances 0.62%
Nigeria’s Equities market closed positive on Tuesday 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%.
Market capitalization increased by N343.22 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.
At the end of today’s trading session on the Nigerian Stock Exchange (NGX), a total of 400,541,637 shares in 12,240 deals, corresponding to a market value of NGN 11,417,842,279.85, were traded. Compared with the previous NGX trading day (Monday, September 9), today’s data shows 48% decline in volume, 22% decline in turnover, but 18% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 55.6 trillion.
In the aggregate, 117 NGX listed equities participated in trading, ending with 31 gainers and 19 losers. Skye Shelter Fund led the gainers with 9.98% share price appreciation closing at NGN 163.15 per share, followed by RT Briscoe (+9.93%), Caverton Offshore Support Group (+9.77%) and McNichols (+8.89%).
On the losing side, Learn Africa came out last with an end-of-day price depreciation of 9.69% at NGN 3.73 per share, followed by The Initiates (-6.77%), Japaul Gold and Ventures (-6.67%) and Aiico Insurance (-4.39%). Oando recorded the highest volume of 58.5 million traded shares, followed by Access Holdings (30.4m), Japaul Gold and Ventures (28.8m) and FBN Holdings (20.9m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) moved up 596.95 (0.62%) points to close at 96,802.80, representing a 1-week loss of 0.07%, a 4-week loss of 0.6%, but an overall year-to-date gain of 29.46%.
Other remarkable indices that performed were the NGX Top 30 Index (+0.53%; +28.55% YTD), NGX Premium Index (+1.3%; +0.88% 1WK; +21.22% YTD), NGX Pension Index (+0.53%; -0.14% 1WK; +16.75% YTD), NGX Main Board Index (+0.26%; -0.57% 1WK; +38.05% YTD), NGX Oil & Gas Index (+0.01%; +0.34% 1WK; +83.22% YTD), and NGX Industrial Index (+0.01%; -0.24% 1WK; +41.83% YTD).
