At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 227.75Million shares were traded in 7,091deals, amounting to a market value of N4.653Billion. Compared with the previous trading day (Wednesday October 09), today’s data shows a 22% decrease in volume, a 33% decrease in value and a 17% decrease in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN56.01trillion, while the All-Share Index (ASI) closed at 97,477.19Basis points, decrease 9.95Basis Points, representing a 0.01% decrease, and a YTD increase of 30.70% as against the previous trading day’s close of 97,487.14Basis points.
Cumulatively, 122 equities participated in trading, ending with 23 gainers and 22 losers. Regency Alliance Insurance led the gainers with 10% share price appreciation closing at NGN 0.66 per share, followed by Caverton Offshore Support Group (+9.73%), Royal Exchange (+8.7%) and Associated Bus Company (+8.2%). On the losing side, Daar Communications came out last with an end-of-day price depreciation of 10% at NGN 0.63 per share, followed by Livestock Feeds (-9.88%), Fidson Healthcare (-9.71%) and Sunu Assurances Nigeria (-9.71%). Fidelity Bank recorded the highest volume of 43.3 million traded shares, followed by United Bank for Africa (30.7m), Zenith Bank (25.6m) and Lasaco Assurance (22.1m).
ADVANCERS
DECLINERS
Symbols | Last Close | Current | Change | %Change |
N 0.70 | N 0.63 | -0.07 | -10.00 % | |
N 3.44 | N 3.10 | -0.34 | -9.88 % | |
N 1.75 | N 1.58 | -0.17 | -9.71 % | |
N 15.45 | N 13.95 | -1.50 | -9.71 % | |
N 1.40 | N 1.27 | -0.13 | -9.29 % |
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…
Company | Disclosures | Date Submitted |
October 10th 2024 | ||
October 10th 2024 | ||
October 10th 2024 | ||
October 10th 2024 | ||
ECOBANK TRANSNATIONAL INCORPORATED-ETI EUROBOND PRICING ANNOUNCEMENT | October 10th 2024 |
***ALL NGX MARKET INFORMATION ARE COURTESY OF Nigerian Exchange Ltd © Valmon Securities Limited Research Department 2023.