Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 1.224Billion shares were traded in 10.,386deals, amounting to a market value of N14.234Billion. Compared with the previous trading day (Last week Friday November 01), today’s data shows a 38% increase in volume, a 10% decrease in value and a 18% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN58.72trillion, while the All-Share Index (ASI) closed at 96,907.73Basis points, decrease 524.29Basis Points, representing a 0.54% decrease, and a YTD increase of 30.60% as against the previous trading day’s close of 97,432.02Basis points.
Cumulatively, 124 NGX equities participated in trading, ending with 17 gainers and 31 losers. United Bank for Africa led the gainers with 10% share price appreciation closing at NGN 31.90 per share, followed by John Holt (+10%), Eunisell Interlinked (+9.96%) and Sterling Bank (+5.96%). On the losing side, Caverton Offshore Support Group came out last with an end-of-day price depreciation of 10% at NGN 1.80 per share, followed by Aradel Holdings (-9.99%), Oando (-9.98%) and FTN Cocoa Processors (-9.9%). Consolidated Hallmark Holdings recorded the highest volume of 567 million traded shares, followed by United Bank for Africa (241m), Sterling Bank (122m) and Sovereign Trust Insurance (59.4m).

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