Photo L – R show Ex-Offico, Association of Dealing Houses of Nigeria (ASHON), Chief. Patrick Ezeagu; Executive Secretary, ASHON, Attan; Group Chief Executive Officer, Nigerian Exchange Group, Mr. Oscar N. Onyema, OON; Group Chairman, NGX Group, Alhaji (Dr) Umaru Kwairanga; Chairman, ASHON, Mr. Sam Onukwue; Second Vice Chairman, Ms. Ify Rita Ejezie and Treasurer, ASHON, Oluwadare Adejumo during a partnership meeting between the leadership of NGX Group and ASHON on the Capital Market Development yesterday at NGX in Lagos.
Investors gain N155.27bn as NGX-ASI advances by 0.40%
Photo
L – R show Ex-Offico, Association of Dealing Houses of Nigeria (ASHON), Chief. Patrick Ezeagu; Executive Secretary, ASHON, Attan; Group Chief Executive Officer, Nigerian Exchange Group, Mr. Oscar N. Onyema, OON; Group Chairman, NGX Group, Alhaji (Dr) Umaru Kwairanga; Chairman, ASHON, Mr. Sam Onukwue; Second Vice Chairman, Ms. Ify Rita Ejezie and Treasurer, ASHON, Oluwadare Adejumo during a partnership meeting between the leadership of NGX Group and ASHON on the Capital Market Development yesterday at NGX in Lagos.
Nigeria’s Equities Market closed positive on Monday by 0.40% as the NGX-ASI increased to 70,479.62 from 70,196.77 recorded at the close of the previous trading day; indicating a YTD return of +37.52%.
Market capitalization increased today by N155.27 billion to N38.71 trillion from N38.55 trillion recorded at the close of the previous trading day, while the market turnover decreased to N7.70 billion from N9.16 billion.
At the end of the first weekday of trading , a total of 391,013,619 shares in 6,837 deals, corresponding to a market value of NGN 7,705,249,887.98, were traded.
Compared with the previous NGX trading day (Friday, November 3), today’s data shows 5% decline in volume, 16% decline in turnover, but 6% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 38.7 trillion.
In the aggregate, 120 NGX listed equities participated in trading, ending with 27 gainers and 28 losers. Thomas Wyatt Nigeria led the gainers with 10% share price appreciation closing at NGN 4.07 per share, followed by Chams (+9.9%), Glaxo Smithkline Consumer (+9.68%) and Oando (+9.66%).
On the losing side, Associated Bus Company came out last with an end-of-day price depreciation of 9.3% at NGN 0.78 per share, followed by Cornerstone Insurance Company (-9.27%), Champion Breweries (-9.19%) and International Breweries (-8.79%). United Bank for Africa recorded the highest volume of 106 million traded shares, followed by FBN Holdings (33.3m), Japaul Gold and Ventures (21.3m) and Fidelity Bank (20.4m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) climbed 282.85 (0.40%) points to close at 70,479.62, representing a 1-week gain of 3.48%, a 4-week gain of 5.03%, and an overall year-to-date gain of 37.52%.
Other remarkable indices that performed were the NGX Top 30 Index (+0.46%; +3.52% 1WK; +40.72% YTD), NGX Top 50 Index (-0.16%; +0.48% 1WK; +43.78% YTD), NGX Oil & Gas Index (+2.31%; +2.31% 1WK; +107.02% YTD), NGX Industrial Index (+1.83%; -0.4% 1WK; +17.47% YTD), NGX Banking Index (+0.66%; +2.12% 1WK; +73.6% YTD), and NGX Main Board Index (+0.47%; +6.49% 1WK; +43.26% YTD).
