NGX: Equities Market gains as ASI appreciates by 0.08%.
Trading activities in the Nigeria Equities Market closed positive Wednesday as the NGX-ASI increased by 0.08% to close at 51,178.41 compared to 51,138.92 recorded at the close of the previous trading day; indicating a YTD return of -0.14%.
Similarly, the market capitalization increased by N17.75 billion to N27.8706 trillion from N27.8528 trillion recorded at the previous trading day’s close, while the market turnover decreased to N3.98 billion from N5.02 billion.
At the end of today’s trading session, a total of 217,040,428 shares in 3,500 deals, corresponding to a market value of NGN 2,025,298,969.63, were traded.
Compared with the previous NGX trading day (Tuesday, April 18), today’s data shows 79% decline in volume, 43% decline in turnover, and 25% decline in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 27.9 trillion.
In the aggregate, 107 NGX listed equities participated in trading, ending with 25 gainers and nine losers. Transcorp Nigeria led the gainers with 9.85% share price appreciation closing at NGN 2.23 per share, followed by International Breweries (+6.74%), Academy Press (+6.56%) and Livestock Feeds (+4.26%).
On the losing side, FTN Cocoa Processors came out last with an end-of-day price depreciation of 3.85% at NGN 0.25 per share, followed by Seplat Petroleum Development Co. (-3.02%), Prestige Assurance Company (-2.5%) and Nigerian Breweries (-1.5%). Transcorp Nigeria recorded the highest volume of 83.7 million traded shares, followed by Fidelity Bank (19.5m), Zenith Bank (16.5m) and Guaranty Trust Holding (15.1m).
Other remarkable indices that performed were the NGX Top 50 Index (+0.33%; -1.49% 1WK; +2.35% YTD), NGX Top 30 Index (+0.29%; -0.87% 1WK; -0.1% YTD), NGX Banking Index (+0.77%; -6.21% 1WK; +0.27% YTD), NGX Insurance Index (+0.67%; -0.88% 1WK; +1.55% YTD), NGX Pension Index (+0.3%; -0.57% 1WK; +2.74% YTD), and NGX Main Board Index (+0.23%; +0.35% 1WK; -2.02% YTD).
