NGX : Investors lose N11.94bn as ASI dips by -0.05%, sentiment remains negative

At the end of today’s (Tuesday, Nov. 30) trading session on the Nigerian Stock Exchange (NGX), a total of 224,910,096 shares in 4,331 deals, corresponding to a market value of NGN 3,708,292,006.54, were traded.

Compared with the previous NGX trading day (Monday, November 29), today’s data shows 6% improvement in volume, 57% improvement in turnover, and 6% improvement in deals. The current market capitalisation of the Nigerian Stock Exchange is NGN 22.6 trillion.

In the aggregate, 104 NGX equities participated in trading, ending with 12 gainers and 24 losers. Aiico Insurance led the gainers with 9.21% share price appreciation closing at NGN 0.83 per share, followed by Access Bank (+4.4%), Wapic Insurance (+4.17%) and Ecobank Transnational (+3.73%). On the losing side, UPDC Real Estate Investment Trust came out last with an end-of-day price depreciation of 9.89% at NGN 4.10 per share, followed by Ikeja Hotel (-9.63%), UPDC (-9.32%) and Chams (-9.09%).

Market turnover closes positive as volume moved up by +5.53% as against -30.20% downtick recorded in the previous session. ACCESS, ZENITHBANK, and FBNH were the most active to boost market turnover.  ZENITHBANK and NESTLE topped market value list. Access Bank recorded the highest volume of 42.2 million traded shares, followed by Zenith Bank (39million FBN Holdings (16.9million) and Guaranty Trust Holding (16.7million).

Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) pared 22.89 (-0.05%) points to close at 43,248.05, representing a 1-week loss of 0.02%, a 4-week gain of 2.94%, and an overall year-to-date gain of 7.39%. Other remarkable indices that performed were the NGX Premium Index (+0.07%; -0.21% 1WK; +23.15% YTD), NGX Top 30 Index (-0.03%; -0.73% 1WK; +6.47% YTD), NGX Top 50 Index (-0.24%; -1.43% 1WK; +3.81% YTD), NGX Insurance Index (+1.64%; +7.33% 1WK; -0.99% YTD), NGX Banking Index (+0.26%; -1.17% 1WK; -0.57% YTD), and NGX Pension Index (+0.17%; -1.06% 1WK; +16.6% YTD).

NGX ASI Top gainers

AIICO up +9.21% to close at N0.83

ACCESS up +4.40% to close at N9.50

WAPIC up +4.17% to close at N0.50

ETI up +3.73% to close at N8.35

FCMB up +3.33% to close at N3.10

NGX ASI Top losers

UPDCREIT down –9.89%to close at N4.10

IKEJAHOTEL down –9.63% to close at N1.22

UPDC down – 9.32% to close at N1.07

CHAMS down – 9.09% to close at N0.20

UBN down –6.19% to close at N4.55

NGX ASI Top Traded by Volume

ACCESS – 42,181,454 units

ZENITH – 38,967,176 units

FBNH – 16,894,152 units

GTCO – 16,670,783 units

AIICO – 12,856,166 units

NGX ASI Top Traded by Value

ZENITHBANK – N935,403,621.60

NESTLE – N916,124,975.90

GTCO – N413,978,634.60

ACCESS – N389,702,768.45

FBNH – N198,726,807.40