Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 286.04Million shares were traded in 9,650deals, amounting to a market value of N26.817Billion. Compared with the previous trading day (Monday October 11), today’s data shows a 6% decrease in volume, a 36% increase in value and a 19% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN59.71trillion, while the All-Share Index (ASI) closed at 98,540.93Basis points, increase 325.80Basis Points, representing a 0.33% increase, and a YTD increase of 31.49% as against the previous trading day’s close of 98,215.13Basis points.

Cumulatively, 119 equities participated in trading, ending with 15 gainers and 29 losers. Champion Breweries led the gainers with 9.97% share price appreciation closing at NGN 3.42 per share, followed by Tantalizers (+9.09%), Oando (+7.93%) and Aradel Holdings (+6.09%). On the losing side, Caverton Offshore Support Group came out last with an end-of-day price depreciation of 10% at NGN 2.34 per share, followed by Tripple Gee & Co. (-9.95%), C&I Leasing (-9.8%) and Jaiz Bank (-9.21%). Access Holdings recorded the highest volume of 45.9 million traded shares, followed by Zenith Bank (30.4m), Aradel Holdings (25m) and United Bank for Africa (16.9m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

CHAMPION

N 3.11

N 3.42

0.31

9.97 %

TANTALIZER

N 0.55

N 0.60

0.05

9.09 %

OANDO

N 71.90

N 77.60

5.70

7.93 %

ARADEL

N 772.90

N 820.00

47.10

6.09 %

ETERNA

N 24.70

N 25.90

1.20

4.86 %

DECLINERS

Symbols

Last Close

Current

Change

%Change

CAVERTON

N 2.60

N 2.34

-0.26

-10.00 %

TRIPPLEG

N 2.01

N 1.81

-0.20

-9.95 %

CILEASING

N 3.98

N 3.59

-0.39

-9.80 %

JAIZBANK

N 2.39

N 2.17

-0.22

-9.21 %

ABCTRANS

N 1.32

N 1.20

-0.12

-9.09 %

NIGERIAN ECONOMIC INDICES

ECONOMIC INDICATORS

RATE

INFLATION RATE

32.15% as at August , 2024

EXCHANGE RATE

W. A.R./ 1$ vs =N= 1,585.35 at 27/8/2024

MPR

26.75% as at 23/07/2024

FOREIGN RESERVES(GROSS)

$36.55 billion as at 27/8/2024

BONNY LIGHT CRUDE

$87.99 as at 24/8/2023.

GDP Q2 2024

3.19%

 

SOURCE: CBN (Unless Otherwise Stated) ** WAR= Weighted Average Rate on I&E Window

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***ALL NGX MARKET INFORMATION ARE COURTESY OF Nigerian Exchange Ltd © Valmon Securities Limited Research Department 2023.

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