NGX: Investors record N44.03bn gain as ASI appreciates by 0.15%
Equities Market closed positive as the key market indicator inched up by 80.84 bps amid positive market breadth.
The NGX All-Share Index inched up by 0.15% to close at 53,238.67 basis points as against 0.95% gain recorded previously to close at 53,157.83 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records a N44.03bn gain.
At the end of today’s trading session, a total of 250,191,637 shares in 4,328 deals, corresponding to a market value of NGN 5,884,928,512.74, were traded. Compared with the previous NGX trading day (Monday, January 30), today’s data shows 24% improvement in volume and 4% improvement in turnover. The current market capitalization of the Nigerian Stock Exchange is NGN 29 trillion.
In the aggregate, 117 NGX listed equities participated in trading, ending with 29 gainers and 18 losers. LivingTrust Mortgage Bank led the gainers with 10% share price appreciation closing at NGN 1.98 per share, followed by Geregu Power (+10%), Veritas Kapital Assurance (+10%) and John Holt (+9.92%).
On the losing side, NCR Nigeria came out last with an end-of-day price depreciation of 10% at NGN 3.24 per share, followed by Chams (-10%), Unity Bank (-9.09%) and Royal Exchange (-8.97%). Universal Insurance Company recorded the highest volume of 48.6 million traded shares, followed by Guaranty Trust Holding (14.2m), Zenith Bank (12.5m) and Access Holdings (11.6m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) inched up 80.84 (0.15%) points to close at 53,238.67, representing a 1-week gain of 1.19%, a 4-week gain of 3.18%, and an overall year-to-date gain of 3.88%.
Other remarkable indices that performed were the NGX Top 30 Index (+0.02%; +0.69% 1WK; +3.8% YTD), NGX Top 50 Index (-0.02%; +1.62% 1WK; +4.28% YTD), NGX Insurance Index (+2.98%; +2.4% 1WK; +5.36% YTD), NGX Main Board Index (+0.25%; +2.54% 1WK; +4.02% YTD), NGX Industrial Index (+0.03%; +0.11% 1WK; +2.14% YTD), and NGX Oil & Gas Index (+0%; +1.71% 1WK; +5.41% YTD).
