Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 510.57Million shares were traded in 14,611deals, amounting to a market value of N13.25Billion. Compared with the previous trading day (Last week Friday January 31), today’s data shows a 60% decrease in volume, a 14% decrease in value and a 0.5% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN64.79trillion, while the All-Share Index (ASI) closed at 104,630.30Basis points, increase 134.18Basis Points, representing a 0.13% increase, and a YTD increase of 1.77% as against the previous trading day’s close of 104,496.12Basis points.
Cumulatively, 124 NGX equities participated in trading, ending with 21 gainers and 35 losers. Presco led the gainers with 10% share price appreciation closing at NGN 643.50 per share, followed by Beta Glass Company (+10%), Okomu Oil Palm (+9.99%) and Northern Nigeria Flour Mills (+9.98%). On the losing side, University Press came out last with an end-of-day price depreciation of 10% at NGN 5.04 per share, followed by Omatek Ventures (-9.88%), SCOA Nigeria (-9.83%) and Lasaco Assurance (-8.33%). FBN Holdings recorded the highest volume of 84 million traded shares, followed by Zenith Bank (54.5m), Universal Insurance Company (32.6m) and United Bank for Africa (31.6m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

PRESCO

N 585.00

N 643.50

58.50

10.00 %

BETAGLAS

N 71.50

N 78.65

7.15

10.00 %

OKOMUOIL

N 488.40

N 537.20

48.80

9.99 %

NNFM

N 60.60

N 66.65

6.05

9.98 %

CHELLARAM

N 6.53

N 7.18

0.65

9.95 %

DECLINERS

 

Symbols

Last Close

Current

Change

%Change

UPL

N 5.60

N 5.04

-0.56

-10.00 %

OMATEK

N 0.81

N 0.73

-0.08

-9.88 %

SCOA

N 4.07

N 3.67

-0.40

-9.83 %

LASACO

N 3.00

N 2.75

-0.25

-8.33 %

NGXGROUP

N 29.50

N 27.10

-2.40

-8.14 %

NIGERIAN ECONOMIC INDICES

 

ECONOMIC INDICATORS

RATE

INFLATION RATE

34.80% as at December, 2024

EXCHANGE RATE

W. A.R./ 1$ vs =N= 1,585.35 at 27/8/2024

MPR

27.50% as at 26/11/2024

FOREIGN RESERVES(GROSS)

$36.55 billion as at 27/8/2024

BONNY LIGHT CRUDE

$87.99 as at 24/8/2023.

GDP Q3 2024

3.46%

 

SOURCE: CBN (Unless Otherwise Stated) ** WAR= Weighted Average Rate on I&E Window

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