At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 425.76Million shares were traded in 11,954deals, amounting to a market value of N8.451Billion. Compared with the previous trading day (Monday September 30), today’s data shows a 77% decrease in volume, a 92% decrease in value and a 12% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN56.45trillion, while the All-Share Index (ASI) closed at 98,232.39Basis points, decrease 326.40Basis Points, representing a 0.33% decrease, and a YTD increase of 31.78% as against the previous trading day’s close of 98,558.79Basis points.
Cumulatively, 123 equities participated in trading, ending with 26 gainers and 32 losers. International Breweries led the gainers with 9.98% share price appreciation closing at NGN 4.41 per share, followed by Meyer (+9.94%), Veritas Kapital Assurance (+9.93%) and Tripple Gee & Co. (+9.91%). On the losing side, Ellah Lakes came out last with an end-of-day price depreciation of 9.93% at NGN 3.99 per share, followed by Caverton Offshore Support Group (-9.92%), Associated Bus Company (-9.57%) and Livestock Feeds (-9.03%). United Bank for Africa recorded the highest volume of 108 million traded shares, followed by Zenith Bank (35.2m), Veritas Kapital Assurance (30.6m) and Ellah Lakes (21.6m).
ADVANCERS
Symbols | Last Close | Current | Change | %Change |
N 4.01 | N 4.41 | 0.40 | 9.98 % | |
N 7.75 | N 8.52 | 0.77 | 9.94 % | |
N 1.51 | N 1.66 | 0.15 | 9.93 % | |
N 4.54 | N 4.99 | 0.45 | 9.91 % | |
N 1.22 | N 1.34 | 0.12 | 9.84 % |
DECLINERS
Symbols | Last Close | Current | Change | %Change |
N 4.43 | N 3.99 | -0.44 | -9.93 % | |
N 2.42 | N 2.18 | -0.24 | -9.92 % | |
N 1.15 | N 1.04 | -0.11 | -9.57 % | |
N 2.99 | N 2.72 | -0.27 | -9.03 % | |
N 1.52 | N 1.41 | -0.11 | -7.24 % |
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…
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Company | Disclosures | Date Submitted |
HONEYWELL FLOUR MILL PLC-NOTIFICATION OF CLOSED PERIOD Q2 UFS 2024 | October 2nd 2024 | |
FLOUR MILLS OF NIGERIA PLC-NOTIFICATION OF CLOSED PERIOD FOR Q2 UFS 2024 | October 2nd 2024 | |
October 2nd 2024 | ||
October 2nd 2024 | ||
OANDO PLC-PDATE ON 2023 AUDITED FINANCIAL STATEMENTS FILING TIMELINE | October 2nd 2024 | |
October 2nd 2024 | ||
October 2nd 2024 | ||
October 2nd 2024 | ||
AIRTEL AFRICA PLC-TOTAL VOTING RIGHTS AND CAPITAL ANNOUNCEMENT | October 2nd 2024 | |
October 2nd 2024 | ||
October 2nd 2024 | ||
STANBIC IBTC HOLDINGS PLC-ANNOUNCEMENT OF LEADERSHIP CHANGES | October 2nd 2024 | |
October 2nd 2024 | ||
October 2nd 2024 | ||
SKYWAY AVIATION HANDLING COMPANY PLC- NOTICE OF BOARD MEETING (BM) | October 2nd 2024 | |
October 2nd 2024 |
***ALL NGX MARKET INFORMATION ARE COURTESY OF Nigerian Exchange Ltd © Valmon Securities Limited Research Department 2024.