NGX TRADING SUMMARY FOR MONDAY, OCTOBER 14, 2024: KEY HIGHLIGHTS
1. Market Volume and Value:
Shares Traded: A total of 304,970,417 shares were exchanged in 8,083 deals, with a market value of NGN 19.71 billion.
Comparison with Friday, October 11: This marks a 252% increase in turnover and a 16% increase in deals compared to the previous trading session.
2. Market Capitalization:
The Nigerian Stock Exchange’s market capitalization currently stands at NGN 59.5 trillion, reflecting the total value of all listed companies on the exchange.
3. Stock Performance:
Gainers:
Wapic Insurance led the pack, rising by 10% to close at NGN 0.88 per share.
Other gainers include The Initiates (+9.74%), Consolidated Hallmark Holdings (+9.35%), and MeCure Industries (+8.91%).
Losers:
Vitafoam Nigeria was the top loser with a 9.09% drop, closing at NGN 20.00 per share.
Other major losers include Tantalizers (-8.33%), International Energy Insurance (-6.37%), and Secure Electronic Technology (-6.15%).
4. Top Traded Stocks by Volume:
Cutix saw the highest volume of traded shares at 37.9 million.
Other notable stocks include Zenith Bank (34.1 million shares), United Bank for Africa (33.9 million shares), and Chams (18.8 million shares).
5. NGX All-Share Index (ASI): The benchmark ASI increased by 0.62% to close at 98,215.13 points.
This represents a 1-week gain of 0.52%, a 4-week gain of 1.23%, and a year-to-date gain of 31.35%.
6. Sectoral Performance:
NGX Top 30 Index: +0.07% (1-week: +0.53%; YTD: +31%).
NGX Main Board Index: +0.91% (1-week: +0.4%; YTD: +40.28%).
NGX Banking Index: +0.36% (1-week: +0.02%; YTD: +4.16%).
NGX Insurance Index: +0.29% (1-week: +0.87%; YTD: +36.43%).
NGX Consumer Goods Index: +0.24% (1-week: -1.4%; YTD: +38.62%).
NGX Pension Index: +0.24% (1-week: +0.64%; YTD: +25.21%).
1. Market Volume and Value:
Shares Traded: A total of 304,970,417 shares were exchanged in 8,083 deals, with a market value of NGN 19.71 billion.
Comparison with Friday, October 11: This marks a 252% increase in turnover and a 16% increase in deals compared to the previous trading session.
2. Market Capitalization:
The Nigerian Stock Exchange’s market capitalization currently stands at NGN 59.5 trillion, reflecting the total value of all listed companies on the exchange.
3. Stock Performance:
Gainers:
Wapic Insurance led the pack, rising by 10% to close at NGN 0.88 per share.
Other gainers include The Initiates (+9.74%), Consolidated Hallmark Holdings (+9.35%), and MeCure Industries (+8.91%).
Losers:
Vitafoam Nigeria was the top loser with a 9.09% drop, closing at NGN 20.00 per share.
Other major losers include Tantalizers (-8.33%), International Energy Insurance (-6.37%), and Secure Electronic Technology (-6.15%).
4. Top Traded Stocks by Volume:
Cutix saw the highest volume of traded shares at 37.9 million.
Other notable stocks include Zenith Bank (34.1 million shares), United Bank for Africa (33.9 million shares), and Chams (18.8 million shares).
5. NGX All-Share Index (ASI): The benchmark ASI increased by 0.62% to close at 98,215.13 points.
This represents a 1-week gain of 0.52%, a 4-week gain of 1.23%, and a year-to-date gain of 31.35%.
6. Sectoral Performance:
NGX Top 30 Index: +0.07% (1-week: +0.53%; YTD: +31%).
NGX Main Board Index: +0.91% (1-week: +0.4%; YTD: +40.28%).
NGX Banking Index: +0.36% (1-week: +0.02%; YTD: +4.16%).
NGX Insurance Index: +0.29% (1-week: +0.87%; YTD: +36.43%).
NGX Consumer Goods Index: +0.24% (1-week: -1.4%; YTD: +38.62%).
NGX Pension Index: +0.24% (1-week: +0.64%; YTD: +25.21%).