Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 291.53Million shares were traded in 7,931deals, amounting to a market value of N7.817Billion. Compared with the previous trading day (Wednesday November 13), today’s data shows a 20% increase in volume, a 7% increase in value and a 3% decrease in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN58.92trillion, while the All-Share Index (ASI) closed at 97,233.07Basis points, decrease 197.29Basis Points, representing a 0.20% decrease, and a YTD increase of 30.04% as against the previous trading day’s close of 97,430.36Basis points.
Cumulatively, 120 NGX equities participated in trading, ending with 32 gainers and 15 losers. Flour Mills Nigeria led the gainers with 10% share price appreciation closing at NGN 71.50 per share, followed by The Initiates (+10%), John Holt (+9.86%) and International Energy Insurance (+9.85%). On the losing side, Abbey Mortgage Bank came out last with an end-of-day price depreciation of 9.77% at NGN 2.40 per share, followed by Associated Bus Company (-9.45%), Conoil (-6.15%) and BUA Cement (-5.93%). Access Holdings recorded the highest volume of 60.4 million traded shares, followed by United Bank for Africa (17.9m), Zenith Bank (16.2m) and Oando (15.6m).

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