NGX: Investors record N2.53bn gain as ASI increases marginally by 0.02%
Trading activities in Equities Market closed positive today Tuesday as the NGX-ASI increased by 0.02% to close at 51,138.92 compared to 51,127.38 recorded at the close of the previous trading day; indicating a YTD return of -0.22%.
Similarly, the market capitalization increased by N2.53 billion to N27.8528 trillion from N27.8503 trillion recorded at the previous trading day’s close, while the market turnover increased to N5.02 billion from N1.57 billion.
At the end of today’s trading session, a total of 1,032,459,168 shares in 4,668 deals, corresponding to a market value of NGN 3,563,422,166.44, were traded.
Compared with the previous NGX trading day (Monday, April 17), today’s data shows 356% improvement in volume, 127% improvement in turnover, and 7% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 27.9 trillion.
In the aggregate, 110 NGX listed equities participated in trading, ending with 21 gainers and 23 losers. Transcorp Nigeria led the gainers with 9.73% share price appreciation closing at NGN 2.03 per share, followed by RT Briscoe (+9.09%), International Energy Insurance (+7.5%) and Nigerian Aviation Handling Co. (+5.45%).
On the losing side, Vitafoam Nigeria came out last with an end-of-day price depreciation of 8.65% at NGN 16.90 per share, followed by Linkage Assurance (-8.33%), Chams (-8%) and Sovereign Trust Insurance (-6.9%). Transcorp Nigeria recorded the highest volume of 814 million traded shares, followed by LivingTrust Mortgage Bank (70m), Fidelity Bank (16m) and Sterling Bank (13.5m).
Other remarkable indices that performed were the NGX Top 30 Index (+0.17%; -1.15% 1WK; -0.39% YTD), NGX Top 50 Index (+0.16%; -1.79% 1WK; +2.02% YTD), NGX Oil & Gas Index (+0.12%; +0.12% 1WK; +10.46% YTD), NGX Main Board Index (+0.08%; +0.17% 1WK; -2.25% YTD), NGX Pension Index (+0.07%; -0.98% 1WK; +2.42% YTD), and NGX Industrial Index (-0.01%; +0.16% 1WK; +1.75% YTD).
