NGX Trading Summary: Monday, October 21, 2024
The Nigerian Stock Exchange (NGX) experienced an active trading session on Monday, October 21, 2024, marked by significant improvements in trading volume, turnover, and the number of deals compared to the previous trading day (Friday, October 18, 2024). Here’s a detailed breakdown of the trading activity:
• Total Shares Traded: 405,022,661 shares
• Total Deals: 8,281
• Market Value of Trades: NGN 27,568,624,368.81
Compared to the previous trading session:
• Volume: Increased by 13%
• Turnover: Increased by 130%
• Deals: Increased by 23%
The current market capitalization of the NGX stands at NGN 59.8 trillion.
Market Participation
• Number of Stocks Traded: 125 NGX-listed equities participated in trading.
• Gainers: 31 stocks saw gains.
• Losers: 18 stocks saw losses.
Top Gainers:
1. Ikeja Hotel: +10%, closing at NGN 7.70 per share.
2. Daar Communications: +10%
3. Seplat Petroleum Development Co.: +9.99%
4. PZ Cussons Nigeria: +9.9%
Top Losers:
1. Regency Alliance Insurance: -8.2%, closing at NGN 0.56 per share.
2. Secure Electronic Technology: -6.45%
3. C&I Leasing: -5.01%
4. Omatek Ventures: -4.55%
Top Volume Leaders:
1. United Bank for Africa (UBA): 138 million shares traded.
2. Sterling Bank: 39.6 million shares traded.
3. Access Holdings: 29.9 million shares traded.
4. Nigerian Breweries: 23.4 million shares traded.
Market Indices Performance
The NGX All-Share Index (ASI) rose by 624.52 points (+0.64%), closing at 98,694.80. This represents:
• 1-week gain: +0.49%
• 4-week gain: +0.45%
• Year-to-date gain: +31.99%
Other Key Index Performances:
• NGX Top 30 Index: +0.61% (1-week gain of 0.6%, YTD gain of 31.78%)
• NGX Oil & Gas Index: +4.43% (1-week gain of 5.57%, YTD gain of 119.54%)
• NGX Premium Index: +1.48% (1-week gain of 1.68%, YTD gain of 24.91%)
• NGX Pension Index: +1.19% (1-week gain of 1.58%, YTD gain of 27.19%)
• NGX Insurance Index: +1.07% (1-week loss of 0.46%, YTD gain of 35.8%)
• NGX Banking Index: +0.96% (1-week gain of 0.07%, YTD gain of 4.24%)
This trading session shows positive investor sentiment, particularly in the oil and gas, premium, and pension sectors, indicating continued market confidence across several key industries.
The Nigerian Stock Exchange (NGX) experienced an active trading session on Monday, October 21, 2024, marked by significant improvements in trading volume, turnover, and the number of deals compared to the previous trading day (Friday, October 18, 2024). Here’s a detailed breakdown of the trading activity:
• Total Shares Traded: 405,022,661 shares
• Total Deals: 8,281
• Market Value of Trades: NGN 27,568,624,368.81
Compared to the previous trading session:
• Volume: Increased by 13%
• Turnover: Increased by 130%
• Deals: Increased by 23%
The current market capitalization of the NGX stands at NGN 59.8 trillion.
Market Participation
• Number of Stocks Traded: 125 NGX-listed equities participated in trading.
• Gainers: 31 stocks saw gains.
• Losers: 18 stocks saw losses.
Top Gainers:
1. Ikeja Hotel: +10%, closing at NGN 7.70 per share.
2. Daar Communications: +10%
3. Seplat Petroleum Development Co.: +9.99%
4. PZ Cussons Nigeria: +9.9%
Top Losers:
1. Regency Alliance Insurance: -8.2%, closing at NGN 0.56 per share.
2. Secure Electronic Technology: -6.45%
3. C&I Leasing: -5.01%
4. Omatek Ventures: -4.55%
Top Volume Leaders:
1. United Bank for Africa (UBA): 138 million shares traded.
2. Sterling Bank: 39.6 million shares traded.
3. Access Holdings: 29.9 million shares traded.
4. Nigerian Breweries: 23.4 million shares traded.
Market Indices Performance
The NGX All-Share Index (ASI) rose by 624.52 points (+0.64%), closing at 98,694.80. This represents:
• 1-week gain: +0.49%
• 4-week gain: +0.45%
• Year-to-date gain: +31.99%
Other Key Index Performances:
• NGX Top 30 Index: +0.61% (1-week gain of 0.6%, YTD gain of 31.78%)
• NGX Oil & Gas Index: +4.43% (1-week gain of 5.57%, YTD gain of 119.54%)
• NGX Premium Index: +1.48% (1-week gain of 1.68%, YTD gain of 24.91%)
• NGX Pension Index: +1.19% (1-week gain of 1.58%, YTD gain of 27.19%)
• NGX Insurance Index: +1.07% (1-week loss of 0.46%, YTD gain of 35.8%)
• NGX Banking Index: +0.96% (1-week gain of 0.07%, YTD gain of 4.24%)
This trading session shows positive investor sentiment, particularly in the oil and gas, premium, and pension sectors, indicating continued market confidence across several key industries.