Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 489.65Million shares were traded in 8,304deals, amounting to a market value of N7.057Billion. Compared with the previous trading day (Wednesday December 11), today’s data shows a 53% increase in volume, a 9% increase in value and a 5% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN59.87trillion, while the All-Share Index (ASI) closed at 98,760.59Basis points, increase 250.91Basis Points, representing a 0.25% increase, and a YTD increase of 32.08% as against the previous trading day’s close of 98,509.68Basis points.
Cumulatively, 127 NGX equities participated in trading, ending with 30 gainers and 21 losers. Conoil led the gainers with 10% share price appreciation closing at NGN 387.20 per share, followed by Tantalizers (+10%), Custodian & Allied (+9.92%) and Africa Prudential (+9.79%). On the losing side, Daar Communications came out last with an end-of-day price depreciation of 8.47% at NGN 0.54 per share, followed by Caverton Offshore Support Group (-8.16%), Omatek Ventures (-7.46%) and Associated Bus Company (-7.41%). FCMB Group recorded the highest volume of 77.6 million traded shares, followed by E-Tranzact International (70.1m), Haldane McCall (47.8m) and Japaul Gold and Ventures (33.6m).

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