Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 478.94Million shares were traded in 9,015deals, amounting to a market value of N9.422Billion. Compared with the previous trading day (Thursday November 07), today’s data shows a 36% decrease in volume, a 43% decrease in value and a 7% 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 97,236.19Basis points, increase 311.33Basis Points, representing a 0.32% increase, and a YTD increase of 30.04% as against the previous trading day’s close of 96,924.86Basis points.
Cumulatively, 125 NGX equities participated in trading, ending with 30 gainers and 23 losers. Aradel Holdings led the gainers with 10% share price appreciation closing at NGN 485.30 per share, followed by Conoil (+9.94%), John Holt (+9.82%) and Lasaco Assurance (+9.09%). On the losing side, Meyer came out last with an end-of-day price depreciation of 9.98% at NGN 7.67 per share, followed by Abbey Mortgage Bank (-9.83%), Eterna (-9.82%) and Sunu Assurances Nigeria (-9.65%). Sterling Bank recorded the highest volume of 119 million traded shares, followed by Ellah Lakes (91.6m), Access Holdings (54.5m) and Fidelity Bank (25.8m).

Leave a Reply

Your email address will not be published.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