Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 1.309Billion shares were traded in 10,424deals, amounting to a market value of N5.962Billion. Compared with the previous trading day (Last week Friday October 04), today’s data shows a 308% increase in volume, a 1% decrease in value and a 19% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN56.15trillion, while the All-Share Index (ASI) closed at 97,706.70Basis points, increase 186.16Basis Points, representing a 0.19% increase, and a YTD increase of 30.92% as against the previous trading day’s close of 97,520.54Basis points.
Cumulatively, 122 equities participated in trading, ending with 27 gainers and 25 losers. Fidelity Bank led the gainers with 10% share price appreciation closing at NGN 14.30 per share, followed by Livestock Feeds (+9.76%), Associated Bus Company (+9.76%) and Ellah Lakes (+8.44%). On the losing side, Tripple Gee & Co. came out last with an end-of-day price depreciation of 54.73% at NGN 2.25 per share, followed by Regency Alliance Insurance (-39.02%), SCOA Nigeria (-10%) and Berger Paints (-9.95%). United Bank for Africa recorded the highest volume of 38.1 million traded shares, followed by Access Holdings (23.4m), Caverton Offshore Support Group (21.6m) and Guaranty Trust Holding (16m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

FIDELITYBK

N 13.00

N 14.30

1.30

10.00 %

LIVESTOCK

N 3.28

N 3.60

0.32

9.76 %

ABCTRANS

N 1.23

N 1.35

0.12

9.76 %

REGALINS

N 0.46

N 0.50

0.04

8.70 %

ELLAHLAKES

N 4.50

N 4.88

0.38

8.44 %

DECLINERS

Symbols

Last Close

Current

Change

%Change

SCOA

N 1.90

N 1.71

-0.19

-10.00 %

BERGER

N 21.10

N 19.00

-2.10

-9.95 %

TRIPPLEG

N 2.49

N 2.25

-0.24

-9.64 %

GUINEAINS

N 0.48

N 0.44

-0.04

-8.33 %

THOMASWY

N 1.98

N 1.83

-0.15

-7.58 %

NIGERIAN ECONOMIC INDICES

ECONOMIC INDICATORS

RATE

INFLATION RATE

32.15% as at August , 2024

EXCHANGE RATE

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

MPR

26.75% as at 23/07/2024

FOREIGN RESERVES(GROSS)

$36.55 billion as at 27/8/2024

BONNY LIGHT CRUDE

$87.99 as at 24/8/2023.

GDP Q2 2024

3.19%

 

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

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***ALL NGX MARKET INFORMATION ARE COURTESY OF Nigerian Exchange Ltd © Valmon Securities Limited Research Department 2023.

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