Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 308.09Million shares were traded in 15,474deals, amounting to a market value of N7.232Billion. Compared with the previous trading day (Last week Friday February 28), today’s data shows a 33% decrease in volume, a 49% decrease in value and a 27% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN67.29trillion, while the All-Share Index (ASI) closed at 107,455.13Basis points, decrease 366.26Basis Points, representing a 0.34% decrease, and a YTD increase of 4.40% as against the previous trading day’s close of 107,821.39Basis points.
Cumulatively, 129 NGX equities participated in trading, ending with 20 gainers and 33 losers. Nigerian Exchange Group led the gainers with 10% share price appreciation closing at NGN 33.00 per share, followed by Learn Africa (+10%), Champion Breweries (+9.9%) and Associated Bus Company (+9.86%). On the losing side, Ikeja Hotel came out last with an end-of-day price depreciation of 9.92% at NGN 10.90 per share, followed by United Capital (-9.91%), Cutix (-9.84%) and Multiverse Mining & Exploration (-9.74%). Zenith Bank recorded the highest volume of 32.4 million traded shares, followed by Fidelity Bank (19.7m), Access Holdings (16.9m) and Nigerian Exchange Group (15.8m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

LEARNAFRCA

N 3.30

N 3.63

0.33

10.00 %

NGXGROUP

N 30.00

N 33.00

3.00

10.00 %

CHAMPION

N 3.94

N 4.33

0.39

9.90 %

ABCTRANS

N 1.42

N 1.56

0.14

9.86 %

TANTALIZER

N 1.90

N 2.08

0.18

9.47 %

DECLINERS

 

Symbols

Last Close

Current

Change

%Change

IKEJAHOTEL

N 12.10

N 10.90

-1.20

-9.92 %

UCAP

N 22.20

N 20.00

-2.20

-9.91 %

CUTIX

N 2.54

N 2.29

-0.25

-9.84 %

MULTIVERSE

N 9.75

N 8.80

-0.95

-9.74 %

AFRIPRUD

N 35.40

N 32.05

-3.35

-9.46 %

NIGERIAN ECONOMIC INDICES

 

ECONOMIC INDICATORS

RATE

INFLATION RATE

24.48% 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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