NGX : Equity market gains N69.57bn as ASI inches up further by 0.27%, registering another positive trend
Equities market closed on a positive note, as NGXASI appreciated by +0.27% to close at 47,286.34 basis points as against +0.21% appreciation recorded previously. Its Year-to-Date (YTD) return currently stands at +10.70%.
Market breadth closed positive as GUINNESS led 29 Gainers as against 9 Losers topped by UNITYKAP at the end of today’s session an improved performance when compared with previous outloo
Market turnover closed negative as volume moved down by -33.35% as against +24.78% uptick recorded in the previous session. CHAMS, TRANSCORP and ACCESS were the most active to boost market turnover. SEPLAT and FLOURMILL topped market value list.
TRANSCOHOT leads the list of active stocks that recorded impressive volume spike at the end of today’s session.
At the end of today’s trading session on the Nigerian Stock Exchange (NGX), a total of 198,115,122 shares in 4,294 deals, corresponding to a market value of NGN 3,405,096,555.39, were traded. Compared with the previous NGX trading day (Wednesday, February 9), today’s data shows 33% decline in volume, 27% decline in turnover, and 8% decline in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 25.5 trillion.
In the aggregate, 117 NGX equities participated in trading, ending with 30 gainers and nine losers. Guinness Nigeria led the gainers with 10% share price appreciation closing at NGN 55.00 per share, followed by Total Nigeria (+9.92%), UPDC (+9.9%) and RT Briscoe (+9.09%). On the losing side, Veritas Kapital Assurance came out last with an end-of-day price depreciation of 4.35% at NGN 0.22 per share, followed by Union Bank Nigeria (-3.2%), Ikeja Hotel (-2.74%) and Regency Alliance Insurance (-2.5%). Chams recorded the highest volume of 16.7 million traded shares, followed by Transcorp Nigeria (15.4m), Access Bank (14.3m) and United Bank for Africa (12.5m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) climbed 129.11 (0.27%) points to close at 47,286.34, representing a 1-week loss of 0.09%, a 4-week gain of 6.01%, and an overall year-to-date gain of 10.7%. Other remarkable indices that performed were the NGX Top 50 Index (+0.6%; +0.34% 1WK; +3.88% YTD), NGX Top 30 Index (+0.37%; +0.16% 1WK; +5.13% YTD), NGX Premium Index (+0.31%; +0.07% 1WK; +5.68% YTD), NGX Oil & Gas Index (+1.82%; +1.05% 1WK; +24.1% YTD), NGX Consumer Goods Index (+0.98%; +0.66% 1WK; -1.84% YTD), and NGX Pension Index (+0.92%; +1.02% 1WK; +5.67% YTD).
