Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 389.70Million shares were traded in 9,573deals, amounting to a market value of N9.199Billion. Compared with the previous trading day (Tuesday December 17), today’s data shows a 18% decrease in volume, a 59% decrease in value and a 0.05% decrease in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN60.91trillion, while the All-Share Index (ASI) closed at 100,477.46Basis points, increase 426.52Basis Points, representing a 0.43% increase, and a YTD increase of 33.80% as against the previous trading day’s close of 100,050.94Basis points.
Cumulatively, 123 NGX equities participated in trading, ending with 42 gainers and 18 losers. MRS Oil Nigeria led the gainers with 9.99% share price appreciation closing at NGN 159.70 per share, followed by Learn Africa (+9.97%), International Energy Insurance (+9.77%) and Wapic Insurance (+9.74%). On the losing side, Africa Prudential came out last with an end-of-day price depreciation of 10% at NGN 14.40 per share, followed by John Holt (-9.96%), Guinea Insurance (-8.33%) and Deap Capital Management & Trust (-5.26%). Sterling Bank recorded the highest volume of 43.6 million traded shares, followed by United Bank for Africa (26.2m), Fidelity Bank (25.6m) and Universal Insurance Company (18.5m).

Leave a Reply

Your email address will not be published. Required fields are marked *