NGX TRADING SUMMARY FOR FRIDAY, OCTOBER 18, 2024
On the last trading day of the week at the Nigerian Stock Exchange (NGX), there was significant activity, with a total of 358.85 million shares traded across 6,719 deals, amounting to a market value of NGN 11.96 billion.
Performance Highlights:
Volume: Up by 50% compared to the previous trading day.
Turnover: Rose by 87% compared to the previous day.
Deals: Declined by 8%.
The overall market capitalization stands at NGN 59.4 trillion.
Stock Performance:
Total Stocks Traded: 122 equities were actively traded.
Gainers: 21 stocks saw price appreciation.
Top Gainer: McNichols led with a 10% increase, closing at NGN 1.43 per share.
Other notable gainers: University Press (+9.41%), Daar Communications (+9.09%), and Transcorp Power (+8.76%).
Losers: 24 stocks experienced price declines.
Top Loser: Aradel Holdings posted the largest loss with a 9.99% drop, ending at NGN 625.40.
Other significant losers: Deap Capital Management & Trust (-9.66%), Champion Breweries (-8.8%), and NPF Microfinance Bank (-5.88%).
Notable Trading Volumes:
Japaul Gold and Ventures dominated the market with 137 million shares traded.
United Bank for Africa followed with 38.6 million shares, while Zenith Bank and Access Holdings recorded 27.9 million and 27.4 million shares traded, respectively.
Market Indices:
NGX All-Share Index (ASI): Slight decline of 10.91 points (-0.01%) to close at 98,070.47.
1-Week Performance: +0.48%.
4-Week Performance: +0.07%.
Year-to-Date (YTD): +31.16%.
Other Index Movements:
NGX Top 30 Index: +0.05% (1-week +0.06%; YTD +30.98%).
NGX Consumer Goods Index: +0.63% (1-week +1.42%; YTD +40.25%).
NGX Banking Index: +0.51% (1-week -0.51%; YTD +3.25%).
NGX Pension Index: +0.29% (1-week +0.62%; YTD +25.69%).
NGX Premium Index: +0.13% (1-week +0.23%; YTD +23.09%).
NGX Oil & Gas Index: +0.02% (1-week +1.08%; YTD +110.23%).
The trading day showed a blend of improvements in market activity, coupled with mixed performance across stocks and indices.
On the last trading day of the week at the Nigerian Stock Exchange (NGX), there was significant activity, with a total of 358.85 million shares traded across 6,719 deals, amounting to a market value of NGN 11.96 billion.
Performance Highlights:
Volume: Up by 50% compared to the previous trading day.
Turnover: Rose by 87% compared to the previous day.
Deals: Declined by 8%.
The overall market capitalization stands at NGN 59.4 trillion.
Stock Performance:
Total Stocks Traded: 122 equities were actively traded.
Gainers: 21 stocks saw price appreciation.
Top Gainer: McNichols led with a 10% increase, closing at NGN 1.43 per share.
Other notable gainers: University Press (+9.41%), Daar Communications (+9.09%), and Transcorp Power (+8.76%).
Losers: 24 stocks experienced price declines.
Top Loser: Aradel Holdings posted the largest loss with a 9.99% drop, ending at NGN 625.40.
Other significant losers: Deap Capital Management & Trust (-9.66%), Champion Breweries (-8.8%), and NPF Microfinance Bank (-5.88%).
Notable Trading Volumes:
Japaul Gold and Ventures dominated the market with 137 million shares traded.
United Bank for Africa followed with 38.6 million shares, while Zenith Bank and Access Holdings recorded 27.9 million and 27.4 million shares traded, respectively.
Market Indices:
NGX All-Share Index (ASI): Slight decline of 10.91 points (-0.01%) to close at 98,070.47.
1-Week Performance: +0.48%.
4-Week Performance: +0.07%.
Year-to-Date (YTD): +31.16%.
Other Index Movements:
NGX Top 30 Index: +0.05% (1-week +0.06%; YTD +30.98%).
NGX Consumer Goods Index: +0.63% (1-week +1.42%; YTD +40.25%).
NGX Banking Index: +0.51% (1-week -0.51%; YTD +3.25%).
NGX Pension Index: +0.29% (1-week +0.62%; YTD +25.69%).
NGX Premium Index: +0.13% (1-week +0.23%; YTD +23.09%).
NGX Oil & Gas Index: +0.02% (1-week +1.08%; YTD +110.23%).
The trading day showed a blend of improvements in market activity, coupled with mixed performance across stocks and indices.