Equity trading at NGX
NGX: Investors record N318.19bn gain
At the end of today’s trading session on the Nigerian Stock Exchange (NGX), a total of 328,997,020 shares in 4,219 deals, corresponding to a market value of NGN 4,817,389,678.62, were traded. Compared with the previous NGX trading day (Tuesday, January 25), today’s data shows 33% improvement in volume and 35% improvement in turnover. The current market capitalization of the Nigerian Stock Exchange is NGN 25.1 trillion.
In the aggregate, 109 NGX equities participated in trading, ending with 19 gainers and 19 losers. Airtel Africa led the gainers with 10% share price appreciation closing at NGN 1,271.00 per share, followed by Ecobank Transnational (+9.55%), Courteville Business Solutions (+9.09%) and Academy Press (+8.86%). On the losing side, Cadbury Nigeria came out last with an end-of-day price depreciation of 9.47% at NGN 8.60 per share, followed by Prestige Assurance Company (-8.7%), Champion Breweries (-7.84%) and Linkage Assurance (-7.14%). Multiverse Mining & Exploration recorded the highest volume of 57.6 million traded shares, followed by Mutual Benefits Assurance (48.3m), Guaranty Trust Holding (36.7m) and Chams (22.1m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) increased by 590.48 (1.29%) points to close at 46,529.99, representing a 1-week gain of 2.42%, a 4-week gain of 10.1%, and an overall year-to-date gain of 8.93%. Other remarkable indices that performed were the NGX Premium Index (-0.03%; +2.34% 1WK; +4.27% YTD), NGX Top 50 Index (-0.12%; +1.13% 1WK; +1.99% YTD), NGX Top 30 Index (-0.69%; +0.6% 1WK; +2.16% YTD), NGX Banking Index (+1.32%; +1.65% 1WK; +4.66% YTD), NGX ASeM Index (+0%), and NGX Pension Index (-0.1%; +0.27% 1WK; +1.36% YTD).
