NGX Trading Summary for Friday, October 25, 2024
1. Overall Trading Data
• Volume: 460.86 million shares were traded.
• Deals: 8,772 transactions.
• Market Value: NGN 9.53 billion.
• Comparative Data: This reflects a 15% increase in volume, a 39% drop in turnover, and a 5% decrease in deals compared to Thursday.
2. Market Capitalization
• NGX’s total market capitalization remains steady at NGN 60.3 trillion.
3. Top Gainers and Losers
• Gainers: CAP (+10%) closed at NGN 38.50, followed by Livestock Feeds (+10%), Eunisell Interlinked (+9.72%), and May & Baker Nigeria (+9.56%).
• Losers: Daar Communications (-9.86%) ended at NGN 0.64, with McNichols (-5.1%), FTN Cocoa Processors (-4.76%), and Fidelity Bank (-2.72%) also in decline.
4. Highest Volumes
• Chams recorded the highest volume with 97.7 million shares, followed by United Bank for Africa (88.5 million), Sterling Bank (32.3 million), and Access Holdings (28.2 million).
5. Index Performance
• All-Share Index (ASI): Gained 0.26%, closing at 99,448.91 points.
• Weekly and Year-to-Date Growth: ASI showed a 1.41% weekly gain and a 33% year-to-date increase.
• Sector Highlights:
• Top 30 Index: Slight dip of 0.06%, but 1.47% growth for the week and 32.9% year-to-date.
• Insurance Index: Up 1.42%, with a 39.78% YTD gain.
• Banking Index: Increased by 0.76%, marking a 7.86% weekly gain.
• Main Board Index: Rose 0.53%, with a strong 41.04% YTD.
• Oil & Gas Index: Achieved a 0.13% daily increase and a significant 118.54% YTD gain.
• Consumer Goods Index: Added 0.11%, but declined 0.84% for the week, while up 39.07% YTD.
This report highlights a positive trading week with notable sector growth, especially in oil & gas and banking, while some stocks faced individual losses. The overall market outlook remains strong, supported by the All-Share Index’s YTD progress.
1. Overall Trading Data
• Volume: 460.86 million shares were traded.
• Deals: 8,772 transactions.
• Market Value: NGN 9.53 billion.
• Comparative Data: This reflects a 15% increase in volume, a 39% drop in turnover, and a 5% decrease in deals compared to Thursday.
2. Market Capitalization
• NGX’s total market capitalization remains steady at NGN 60.3 trillion.
3. Top Gainers and Losers
• Gainers: CAP (+10%) closed at NGN 38.50, followed by Livestock Feeds (+10%), Eunisell Interlinked (+9.72%), and May & Baker Nigeria (+9.56%).
• Losers: Daar Communications (-9.86%) ended at NGN 0.64, with McNichols (-5.1%), FTN Cocoa Processors (-4.76%), and Fidelity Bank (-2.72%) also in decline.
4. Highest Volumes
• Chams recorded the highest volume with 97.7 million shares, followed by United Bank for Africa (88.5 million), Sterling Bank (32.3 million), and Access Holdings (28.2 million).
5. Index Performance
• All-Share Index (ASI): Gained 0.26%, closing at 99,448.91 points.
• Weekly and Year-to-Date Growth: ASI showed a 1.41% weekly gain and a 33% year-to-date increase.
• Sector Highlights:
• Top 30 Index: Slight dip of 0.06%, but 1.47% growth for the week and 32.9% year-to-date.
• Insurance Index: Up 1.42%, with a 39.78% YTD gain.
• Banking Index: Increased by 0.76%, marking a 7.86% weekly gain.
• Main Board Index: Rose 0.53%, with a strong 41.04% YTD.
• Oil & Gas Index: Achieved a 0.13% daily increase and a significant 118.54% YTD gain.
• Consumer Goods Index: Added 0.11%, but declined 0.84% for the week, while up 39.07% YTD.
This report highlights a positive trading week with notable sector growth, especially in oil & gas and banking, while some stocks faced individual losses. The overall market outlook remains strong, supported by the All-Share Index’s YTD progress.