Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 349.33Million shares were traded in 12,450deals, amounting to a market value of N15.075Billion. Compared with the previous trading day (Monday March 24), today’s data shows a 21% decrease in volume, a 44% increase in value and a 6% decrease in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN66.21trillion, while the All-Share Index (ASI) closed at 105,593.28Basis points, increase 41.89Basis Points, representing a 0.04% increase, and a YTD increase of 2.59% as against the previous trading day’s close of 105,551.39Basis points.
Cumulatively, 123 NGX equities participated in trading, ending with 29 gainers and 21 losers. May & Baker Nigeria led the gainers with 10% share price appreciation closing at NGN 8.80 per share, followed by Mutual Benefits Assurance (+9.59%), E-Tranzact International (+9.38%) and Abbey Mortgage Bank (+8.86%). On the losing side, Eterna came out last with an end-of-day price depreciation of 9.21% at NGN 34.50 per share, followed by Royal Exchange (-7.95%), Veritas Kapital Assurance (-5.98%) and Wapic Insurance (-5.88%). Access Holdings recorded the highest volume of 36.6 million traded shares, followed by United Bank for Africa (26.5m), Universal Insurance Company (22m) and Fidelity Bank (20.5m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

MAYBAKER

N 8.00

N 8.80

0.80

10.00 %

MBENEFIT

N 0.73

N 0.80

0.07

9.59 %

ETRANZACT

N 4.80

N 5.25

0.45

9.38 %

ABBEYBDS

N 3.95

N 4.30

0.35

8.86 %

CONHALLPLC

N 3.30

N 3.59

0.29

8.79 %

DECLINERS

 

Symbols

Last Close

Current

Change

%Change

ETERNA

N 38.00

N 34.50

-3.50

-9.21 %

ROYALEX

N 0.88

N 0.81

-0.07

-7.95 %

VERITASKAP

N 1.17

N 1.10

-0.07

-5.98 %

WAPIC

N 2.38

N 2.24

-0.14

-5.88 %

OANDO

N 53.00

N 50.00

-3.00

-5.66 %

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

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