NGX: Investors gain N252.81bn WoW as ASI Inches Up by 1.12% to close the week positive
NGX: Investors record N3.56bn loss, as ASI drops marginally by -0.01%
Equities market closed on a negative note, as NGXASI depreciated by -0.01% to close at 47,102.64 basis points as against 0.09% appreciation recorded previously. Its Year-to-Date (YTD) return currently stands at +10.27%.
Market breadth closed positive as NNFM led 32 Gainers as against 17 Losers topped by CWG at the end of today’s session an improved performance when compared with previous outlook.
Market turnover closed positive as volume moved up by +12.41% as against +16.07% uptick recorded in the previous session. GUARANTY, UBCAP and FIDELITYBK were the most active to boost market turnover. GUARANTY and MTNN topped market value list.
SEPLAT 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 NGX, a total of 357,764,363 shares in 4,251 deals, corresponding to a market value of NGN 6,482,040,133.36, were traded. Compared with the previous NGX trading day (Wednesday, February 16), today’s data shows 12% improvement in volume, 22% decline in turnover, and 14% decline in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 25.4 trillion.
In the aggregate, 116 NGX equities participated in trading, ending with 32 gainers and 17 losers. RT Briscoe led the gainers with 10% share price appreciation closing at NGN 0.55 per share, followed by Northern Nigeria Flour Mills (+10%), Honeywell Flour Mill (+9.91%) and SCOA Nigeria (+9.74%).
On the losing side, Computer Warehouse Group came out last with an end-of-day price depreciation of 9.76% at NGN 1.11 per share, followed by Champion Breweries (-8.89%), Lasaco Assurance (-7.08%) and Seplat Petroleum Development Co. (-5.88%).
Guaranty Trust Holding recorded the highest volume of 130 million traded shares, followed by United Capital (30.3m), Fidelity Bank (26.5m) and Access Bank (16.3m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) pared 6.61 (-0.01%) points to close at 47,102.64, representing a 1-week loss of 0.39%, a 4-week gain of 2.64%, and an overall year-to-date gain of 10.27%.
Other remarkable indices that performed were the NGX Top 50 Index (+0.21%; -0.55% 1WK; +3.31% YTD), NGX Top 30 Index (-0.03%; -0.38% 1WK; +4.73% YTD), NGX Premium Index (-0.19%; -0.41% 1WK; +5.25% YTD), NGX Insurance Index (+0.54%; +1.35% 1WK; -4.45% YTD), NGX Banking Index (+0.36%; -1.76% 1WK; +10.76% YTD), and NGX Consumer Goods Index (+0.22%; +1.38% 1WK; -0.49% YTD).
