NGX: Investors lose N112.28bn as ASI dips by -0.51%, sentiment remains negative

Equity market closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by -0.51% to close at 42,247.98 basis points as against  -1.81% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +4.91%.

 At the end of today’s trading session the performance of  the market indices, the benchmark NGX All-Share Index (ASI) dropped 215.18 (-0.51%) points to close at 42,247.98, representing a 1-week loss of 2%, a 4-week gain of 0.73%, and an overall year-to-date gain of 4.91%.

Other remarkable indices that performed were the NGX Top 50 Index (-0.42%; -1.1% 1WK; +3.34% YTD), NGX Top 30 Index (-0.52%; -3.03% 1WK; +3.52% YTD), NGX Premium Index (-0.79%; -4.41% 1WK; +17.82% YTD), NGX Consumer Goods Index (+0.08%; -1.39% 1WK; -4.62% YTD), NGX ASeM Index (+0%; -8.11% YTD), and NGX Industrial Index (-0.1%; -0.11% 1WK; +6.79% YTD).

A total of 324,019,543 shares in 4,706 deals, corresponding to a market value of NGN 5,294,078,422.51, were traded. Compared with the previous NGX trading day (Wednesday, December 1), today’s data shows 3% decline in volume, 49% improvement in turnover, and 21% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 22.1 trillion.

In the aggregate, 105 NGX equities participated in trading, ending with 17 gainers and 34 losers. Meyer led the gainers with 10% share price appreciation closing at NGN 0.22 per share, followed by N.E.M. Insurance Company (+7.33%), Royal Exchange (+5.88%) and Japaul Gold and Ventures (+5.26%). On the losing side, BOC Gases Nigeria came out last with an end-of-day price depreciation of 10% at NGN 9.45 per share, followed by UPDC (-9.09%), Trans-Nationwide Express (-8.99%) and LivingTrust Mortgage Bank (-8.33%). FBN Holdings recorded the highest volume of 113 million traded shares, followed by Guaranty Trust Holding (33.5m), Access Bank (19m) and Transnational Corp. of Nigeria (18.1m).

NGX ASI Top gainers

MEYER up +10.00% to close at N0.22

NEM up +7.33% to close at N2.05

ROYALEX up +5.88% to close at N0.54

JAPAUL up +5.26% to close at N0.40

CHAMS up +4.76% to close at N0.22

NGX ASI Top losers

BOCGAS down –10.00%to close at N9.45

UPDC down –9.09% to close at N0.90

TRANSEXPR down – 8.99% to close at N0.81

LIVINGTRUST down – 8.33% to close at N0.88

MANSARD down – 7.89% to close at N2.10

NGX ASI Top Traded by Volume

FBNH – 113,359,681 units

GTCO – 33,476,554 units

ACCESS – 18,964,946 units

TRANSCORP – 18,139,384 units

ZENITHBANK – 14,563,056 units

NGX ASI Top Traded by Value

FBNH – N1,346,209,110.90

SEPLAT – N1,009,566,799.70

GTCO – N821,132,302.10

MTNN – N625,691,568.10

ZENITHBANK – N346,513,432.60