Investors gain N158.34bn as NGX-ASI advances by 0.43%
Nigeria’s Equities Market closed positive on Tuesday by 0.43% as the NGX-ASI increased to 67,326.12 from 67,037.93 recorded at the close of the previous trading day; indicating a YTD return of +31.37%.
Market capitalization increased by N158.33 billion to N36,988 trillion from N36.830 trillion recorded at the close of the previous trading day, while the market turnover increased to N5.17 billion from N3.6 billion.
At the end of today’s trading session, a total of 377,970,661 shares in 6,729 deals, corresponding to a market value of NGN 5,169,621,239.74, were traded. Compared with the previous NGX trading day (Monday, October 16), today’s data shows 75% improvement in volume, 46% improvement in turnover, and 13% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 37 trillion.
In the aggregate, 118 NGX listed equities participated in trading, ending with 27 gainers and 22 losers. Julius Berger Nigeria led the gainers with 10% share price appreciation closing at NGN 36.30 per share, followed by Computer Warehouse Group (+9.83%), Champion Breweries (+9.76%) and Oando (+9.58%).
On the losing side, Multiverse Mining & Exploration came out last with an end-of-day price depreciation of 9.49% at NGN 2.67 per share, followed by Unity Bank (-9%), Ellah Lakes (-8.05%) and Nigerian Breweries (-7.38%). E-Tranzact International recorded the highest volume of 44.1 million traded shares, followed by United Bank for Africa (42.3m), Access Holdings (33.3m) and Fidelity Bank (31.2m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) climbed 288.19 (0.43%) points to close at 67,326.12, representing a 1-week gain of 0.51%, a 4-week loss of 0.1%, but an overall year-to-date gain of 31.37%.
Other remarkable indices that performed were the NGX Top 50 Index (+0.89%; -0.01% 1WK; +41.22% YTD), NGX Top 30 Index (+0.36%; +0.47% 1WK; +34.34% YTD), NGX Banking Index (+2.75%; +4.52% 1WK; +66.55% YTD), NGX Pension Index (+0.87%; +0.33% 1WK; +62.35% YTD), NGX Premium Index (+0.52%; +0.81% 1WK; +37.57% YTD), and NGX Main Board Index (+0.37%; +0.3% 1WK; +34.02% YTD).
