Photo L – R shows Chief Executive Officer, NGX Regulation Limited (NGX RegCo), Mr. Femi Shobanjo; Head, Primary Market, Nigerian Exchange Limited (NGX), Mr Tony Ibeziako; Group Managing Director/CEO, Nigerian Exchange Group (NGX Group), Mr. Temi Popoola; Group Chairman, NGX Group, Alhaji (Dr.) Umaru Kwairanga; Group Chief Executive Office, Guaranty Trust Holding Company Plc (GTCO), Mr. Olusegun Agbaje; Chairman, NGX, Mr. Ahonsi Unuigbe; Deputy Managing Director, GTBank, Mr. Jide Okuntola and Doyen of the Market, Alhaji Rasheed Yussuff during the Facts Behind the Offer Presentation by Guaranty Trust Holding Company Plc today in Lagos.
Equity investors lose N8.62bn as NGXASI declined by 0.01%
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L – R shows Chief Executive Officer, NGX Regulation Limited (NGX RegCo), Mr. Femi Shobanjo; Head, Primary Market, Nigerian Exchange Limited (NGX), Mr Tony Ibeziako; Group Managing Director/CEO, Nigerian Exchange Group (NGX Group), Mr. Temi Popoola; Group Chairman, NGX Group, Alhaji (Dr.) Umaru Kwairanga; Group Chief Executive Office, Guaranty Trust Holding Company Plc (GTCO), Mr. Olusegun Agbaje; Chairman, NGX, Mr. Ahonsi Unuigbe; Deputy Managing Director, GTBank, Mr. Jide Okuntola and Doyen of the Market, Alhaji Rasheed Yussuff during the Facts Behind the Offer Presentation by Guaranty Trust Holding Company Plc today in Lagos.
Trading activities in the Nigerian Equities market closed negative Monday as the NGX-ASI decreased to 100,007.11 from 100,022.03 recorded at the close of the previous trading day; indicating a YTD return of +20.21%.
Market capitalization also decreased by N8.62 billion to N56.572 trillion from N56.581 trillion recorded at the close of the previous trading day, the market turnover increased to N6.785 billion from N6.022 billion.
At the end of the first weekday of trading, a total of 689,982,579 shares in 9,635 deals, corresponding to a market value of NGN 7,165,197,354.90, were traded. Compared with the previous NGX trading day (Friday, July 5), today’s data shows 67% improvement in volume, 19% improvement in turnover, and 13% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 56.6 trillion.
In the aggregate, 120 NGX listed equities participated in trading, ending with 22 gainers and 25 losers. Veritas Kapital Assurance led the gainers with 9.57% share price appreciation closing at NGN 1.26 per share, followed by Daar Communications (+8.33%), Conoil (+8.26%) and Neimeth International Pharma (+7.45%). On the losing side, PZ Cussons Nigeria came out last with an end-of-day price depreciation of 10% at NGN 19.80 per share, followed by Computer Warehouse Group (-9.8%), Chams (-9.66%) and International Energy Insurance (-9.55%). Ellah Lakes recorded the highest volume of 271 million traded shares, followed by Universal Insurance Company (42.1m), Guaranty Trust Holding (40.8m) and United Bank for Africa (36m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) pared 15.24 (-0.02%) points to close at 100,006.79, representing a 1-week loss of 0.01%, a 4-week gain of 0.73%, and an overall year-to-date gain of 33.75%. Other remarkable indices that performed were the NGX Top 30 Index (-0.06%; -0.33% 1WK; +32.54% YTD), NGX Oil & Gas Index (+1.45%; +4.52% 1WK; +44.35% YTD), NGX Banking Index (+0.27%; +4.24% 1WK; -3.63% YTD), NGX Insurance Index (+0.18%; +3.66% 1WK; +24.39% YTD), NGX Premium Index (+0.06%; -0.48% 1WK; +35.86% YTD), and NGX Industrial Index (+0%; +0.22% 1WK; +73.53% YTD).
