Investors gains N25.37bn as NGX-ASI advances by 0.07%
Nigeria’s Equities Market closed positive on Thursday by 0.07% as the NGX-ASI increased to 70,819.58 from 70,773.31 recorded at the close of the previous trading day; indicating a YTD return of +38.18%.
Market capitalization increased by N26.00 billion to N38.911 trillion from N38.885 trillion recorded at the close of the previous trading day, while the market turnover increased to N16.79 billion from N9.79 billion.
At the end of today’s trading session, a total of 569,194,836 shares in 6,169 deals, corresponding to a market value of NGN 16,790,864,590.41, were traded.
Compared with the previous NGX trading day (Wednesday, November 8), today’s data shows 2% improvement in volume, 71% improvement in turnover, but 4% decline in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 38.9 trillion.
In the aggregate, 121 NGX listed equities participated in trading, ending with 26 gainers and 28 losers.
UPDC led the gainers with 9.91% share price appreciation closing at NGN 1.22 per share, followed by MeCure Industries (+9.85%), SCOA Nigeria (+9.73%) and Japaul Gold and Ventures (+9.58%). On the losing side, VFD Group came out last with an end-of-day price depreciation of 10% at NGN 184.50 per share, followed by Multiverse Mining & Exploration (-9.38%), The Initiates (-9.35%) and Regency Alliance Insurance (-8.57%).
Japaul Gold and Ventures recorded the highest volume of 114 million traded shares, followed by Stanbic IBTC Holdings (96.9m), United Bank for Africa (75.2m) and FBN Holdings (42.6m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) inched up 46.18 (0.07%) points to close at 70,819.49, representing a 1-week gain of 1.11%, a 4-week gain of 5.49%, and an overall year-to-date gain of 38.18%.
Other remarkable indices that performed were the NGX Top 50 Index (+0.29%; +0.7% 1WK; +45.05% YTD), NGX Top 30 Index (+0.09%; +1.13% 1WK; +41.34% YTD), NGX Banking Index (+0.21%; +0.31% 1WK; +74.42% YTD), NGX Premium Index (+0.11%; -0.19% 1WK; +40.2% YTD), NGX Pension Index (+0.08%; +0.78% 1WK; +68.24% YTD), and NGX Main Board Index (+0.03%; +1.96% 1WK; +43.95% YTD).
