At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 405.02Million shares were traded in 8,281deals, amounting to a market value of N27.569Billion. Compared with the previous trading day (Friday October 18), today’s data shows a 13% increase in volume, a 130% increase in value and a 23% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN59.80trillion, while the All-Share Index (ASI) closed at 98,694.80Basis points, increase 624.52Basis Points, representing a 0.64% increase, and a YTD increase of 31.49% as against the previous trading day’s close of 98,070.28Basis points.
Cumulatively, 125 equities participated in trading, ending with 31 gainers and 18 losers. Ikeja Hotel led the gainers with 10% share price appreciation closing at NGN 7.70 per share, followed by Daar Communications (+10%), Seplat Petroleum Development Co. (+9.99%) and PZ Cussons Nigeria (+9.9%). On the losing side, Regency Alliance Insurance came out last with an end-of-day price depreciation of 8.2% at NGN 0.56 per share, followed by Secure Electronic Technology (-6.45%), C&I Leasing (-5.01%) and Omatek Ventures (-4.55%). United Bank for Africa recorded the highest volume of 138 million traded shares, followed by Sterling Bank (39.6m), Access Holdings (29.9m) and Nigerian Breweries (23.4m).
ADVANCERS
Symbols | Last Close | Current | Change | %Change |
N 0.60 | N 0.66 | 0.06 | 10.00 % | |
N 7.00 | N 7.70 | 0.70 | 10.00 % | |
N 5217.20 | N 5738.20 | 521.00 | 9.99 % | |
N 19.70 | N 21.65 | 1.95 | 9.90 % | |
N 3.42 | N 3.75 | 0.33 | 9.65 % |
DECLINERS
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
OTHER MARKET NEWS…
Search:
Company | Disclosures | Date Submitted |
TRANSCORP HOTELS PLC-TRANSCORP HOTELS PLC DELIVERS IMPRESSIVE Q3 2024 PERFORMANCE | October 21st 2024 | |
UNILEVER NIGERIA PLC.- QUARTER 3 – FINANCIAL STATEMENT FOR 2024 | October 21st 2024 | |
October 21st 2024 | ||
UNITED BANK FOR AFRICA PLC- QUARTER 3 – FINANCIAL STATEMENT FOR 2024 | October 21st 2024 | |
UNITED BANK FOR AFRICA PLC- QUARTER 3 – FINANCIAL STATEMENT FOR 2024 | October 21st 2024 | |
TRANSCORP HOTELS PLC- QUARTER 3 – FINANCIAL STATEMENT FOR 2024 | October 21st 2024 |
***ALL NGX MARKET INFORMATION ARE COURTESY OF Nigerian Exchange Ltd © Valmon Securities Limited Research Department 2023.