Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 829.75Million shares were traded in 11,752deals, amounting to a market value of N5.667Billion. Compared with the previous trading day (Tuesday December 31), today’s data shows a 90% increase in volume, a 86% decrease in value and a 33% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN62.92trillion, while the All-Share Index (ASI) closed at 103,180.14Basis points, increase 253.74Basis Points, representing a 0.25% increase, and a YTD increase of 37.95% as against the previous trading day’s close of 102,926.40Basis points.
Cumulatively, 127 NGX equities participated in trading, ending with 39 gainers and 21 losers. MeCure Industries led the gainers with 10% share price appreciation closing at NGN 12.65 per share, followed by Neimeth International Pharma (+10%), Prestige Assurance Company (+10%) and Lasaco Assurance (+9.96%). On the losing side, PZ Cussons Nigeria came out last with an end-of-day price depreciation of 10% at NGN 26.10 per share, followed by Vitafoam Nigeria (-9.62%), Nigerian Exchange Group (-9.17%) and Ikeja Hotel (-7.41%). Universal Insurance Company recorded the highest volume of 71.5 million traded shares, followed by Guaranty Trust Holding (54.7m), Access Holdings (46.6m) and C&I Leasing (32.3m).

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