Investors gain N45.87bn as NGX-ASI appreciates by 0.12%
Nigeria’s Equities Market closed positive Friday by 0.12% as the NGX-ASI increased to 71,541.74 from 71,457.92 recorded at the close of the previous trading day; indicating a YTD return of +39.59%.
Market capitalization increased by N45.87 billion to N39,148.84 trillion from N39,102.97 trillion recorded at the close of the previous trading day, the market turnover decreased to N7.21 billion from N7.47 billion.
At the end of the last weekday of trading, a total of 503,840,205 shares in 5,747 deals, corresponding to a market value of NGN 7,206,464,377.80, were traded.
Compared with the previous NGX trading day (Thursday, December 7), today’s data shows 15% improvement in volume, 5% decline in turnover, and 19% decline in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 39.2 trillion.
In the aggregate, 121 NGX listed equities participated in trading, ending with 22 gainers and 35 losers.
Multiverse Mining & Exploration led the gainers with 9.95% share price appreciation closing at NGN 9.39 per share, followed by Infinity Trust Mortgage Bank (+9.94%), PZ Cussons Nigeria (+9.87%) and Ecobank Transnational (+9.79%). On the losing side, FBN Holdings came out last with an end-of-day price depreciation of 10% at NGN 23.85 per share, followed by MRS Oil Nigeria (-9.96%), Learn Africa (-9.82%) and Neimeth International Pharma (-9.52%).
Regency Alliance Insurance recorded the highest volume of 70.2 million traded shares, followed by Mutual Benefits Assurance (67.3m), UAC of Nigeria (50.3m) and Veritas Kapital Assurance (49.7m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) inched up 83.82 (0.12%) points to close at 71,541.74, representing a 1-week gain of 0.17%, a 4-week gain of 0.98%, and an overall year-to-date gain of 39.59%.
Other remarkable indices that performed were the NGX Top 30 Index (+0.12%; +0.22% 1WK; +42.78% YTD), NGX Top 50 Index (-0.54%; +1.51% 1WK; +49.37% YTD), NGX Banking Index (+1.6%; +6.08% 1WK; +92.23% YTD), NGX Main Board Index (+0.53%; -0.54% 1WK; +43.15% YTD), NGX Consumer Goods Index (+0.15%; +0.21% 1WK; +94.16% YTD), and NGX Pension Index (-0.07%; +0.72% 1WK; +72.08% YTD).
