NGX TRADING SUMMARY FOR WEDNESDAY, OCTOBER 16, 2024:
1. Total Trading Activity:
Volume: 257,551,949 shares were traded.
Deals: These shares were traded through 7,776 deals.
Turnover (Value): The market recorded a total value of NGN 8.99 billion.
2. Comparison with Previous Day (Tuesday, October 15, 2024):
Volume: Decreased by 10% compared to the previous trading session.
Turnover: Declined significantly by 66%.
Number of Deals: Fell by 19%.
3. Market Capitalization:
The total market capitalization of the Nigerian Stock Exchange (NGX) stood at NGN 59.6 trillion.
4. Number of Equities Traded:
A total of 124 equities participated in the day’s trading.
Gainers: 23 stocks recorded gains.
Losers: 23 stocks recorded losses.
5. Top Gainers:
Deap Capital Management & Trust led the gainers with a 10% increase, closing at NGN 1.32 per share.
Other major gainers included:
UAC of Nigeria (+9.9%)
Dangote Sugar Refinery (+9.69%)
Champion Breweries (+9.65%).
6. Top Losers:
Custodian & Allied topped the losers with an 8.98% decline, closing at NGN 11.65 per share.
Other key losers were:
Okomu Oil Palm (-6.86%)
Consolidated Hallmark Holdings (-6.62%)
Aradel Holdings (-5.85%).
7. Most Traded Stocks by Volume:
Fidelity Bank recorded the highest volume of shares traded at 38.2 million.
Other significant volumes:
United Bank for Africa (UBA): 33.8 million shares
Guaranty Trust Holding (GTCO): 16.7 million shares
Champion Breweries: 14.4 million shares.
8. Market Indices Performance:
NGX All-Share Index (ASI): Dropped by 249.40 points (-0.25%), closing at 98,291.53.
1-week gain: 0.83%
4-week gain: 0.62%
Year-to-date (YTD) gain: 31.45%
Other notable indices:
NGX Consumer Goods Index: +0.46% (1-week +0.55%; YTD +39.35%)
NGX Insurance Index: +0.4% (1-week -1.5%; YTD +34.08%)
NGX Oil & Gas Index: +0.02% (YTD +108.27%).
1. Total Trading Activity:
Volume: 257,551,949 shares were traded.
Deals: These shares were traded through 7,776 deals.
Turnover (Value): The market recorded a total value of NGN 8.99 billion.
2. Comparison with Previous Day (Tuesday, October 15, 2024):
Volume: Decreased by 10% compared to the previous trading session.
Turnover: Declined significantly by 66%.
Number of Deals: Fell by 19%.
3. Market Capitalization:
The total market capitalization of the Nigerian Stock Exchange (NGX) stood at NGN 59.6 trillion.
4. Number of Equities Traded:
A total of 124 equities participated in the day’s trading.
Gainers: 23 stocks recorded gains.
Losers: 23 stocks recorded losses.
5. Top Gainers:
Deap Capital Management & Trust led the gainers with a 10% increase, closing at NGN 1.32 per share.
Other major gainers included:
UAC of Nigeria (+9.9%)
Dangote Sugar Refinery (+9.69%)
Champion Breweries (+9.65%).
6. Top Losers:
Custodian & Allied topped the losers with an 8.98% decline, closing at NGN 11.65 per share.
Other key losers were:
Okomu Oil Palm (-6.86%)
Consolidated Hallmark Holdings (-6.62%)
Aradel Holdings (-5.85%).
7. Most Traded Stocks by Volume:
Fidelity Bank recorded the highest volume of shares traded at 38.2 million.
Other significant volumes:
United Bank for Africa (UBA): 33.8 million shares
Guaranty Trust Holding (GTCO): 16.7 million shares
Champion Breweries: 14.4 million shares.
8. Market Indices Performance:
NGX All-Share Index (ASI): Dropped by 249.40 points (-0.25%), closing at 98,291.53.
1-week gain: 0.83%
4-week gain: 0.62%
Year-to-date (YTD) gain: 31.45%
Other notable indices:
NGX Consumer Goods Index: +0.46% (1-week +0.55%; YTD +39.35%)
NGX Insurance Index: +0.4% (1-week -1.5%; YTD +34.08%)
NGX Oil & Gas Index: +0.02% (YTD +108.27%).