Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 477.51Million shares were traded in 13,520deals, amounting to a market value of N7.049Billion. Compared with the previous trading day (Last week Friday March 14), today’s data shows a 36% decrease in volume, a 36% decrease in value and a 28% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN66.34trillion, while the All-Share Index (ASI) closed at 105,799.17Basis points, decrease 155.96Basis Points, representing a 0.15% decrease, and a YTD increase of 2.79% as against the previous trading day’s close of 105,955.13Basis points.
Cumulatively 126 NGX equities participated in trading, ending with 18 gainers and 35 losers. Academy Press led the gainers with 9.92% share price appreciation closing at NGN 2.88 per share, followed by Neimeth International Pharma (+8.43%), Tantalizers (+6.83%) and Dangote Sugar Refinery (+4.71%). On the losing side, E-Tranzact International came out last with an end-of-day price depreciation of 10% at NGN 5.85 per share, followed by Sunu Assurances Nigeria (-9.92%), Prestige Assurance Company (-8.26%) and Sovereign Trust Insurance (-7.77%). Jaiz Bank recorded the highest volume of 197 million traded shares, followed by Zenith Bank (26m), Sovereign Trust Insurance (19.3m) and Prestige Assurance Company (18.5m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

ACADEMY

N 2.62

N 2.88

0.26

9.92 %

NEIMETH

N 2.49

N 2.70

0.21

8.43 %

TANTALIZER

N 2.93

N 3.13

0.20

6.83 %

DANGSUGAR

N 35.05

N 36.70

1.65

4.71 %

STANBIC

N 59.00

N 61.50

2.50

4.24 %

DECLINERS

 

Symbols

Last Close

Current

Change

%Change

ETRANZACT

N 6.50

N 5.85

-0.65

-10.00 %

SUNUASSUR

N 5.14

N 4.63

-0.51

-9.92 %

PRESTIGE

N 1.09

N 1.00

-0.09

-8.26 %

SOVRENINS

N 1.03

N 0.95

-0.08

-7.77 %

REDSTAREX

N 5.80

N 5.35

-0.45

-7.76 %

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

Leave a Reply

Your email address will not be published.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