NGX Trading Summary for Tuesday, October 29, 2024
On Tuesday, October 29, the Nigerian Stock Exchange (NGX) witnessed substantial trading activity. Here’s a breakdown of the day’s performance:
1. Overall Market Activity:
• Shares Traded: 399.3 million shares across 9,547 transactions.
• Market Value: NGN 8.93 billion, marking a 96% increase from the previous day.
• Market Capitalization: NGN 59.4 trillion.
2. Volume and Turnover:
• There was a 13% increase in trading volume and a slight 1% rise in deal count from Monday’s session, reflecting enhanced market engagement.
3. Gainers and Losers:
• Gainers: Out of the 123 traded equities, 26 companies saw price increases. Notable gainers included:
• Northern Nigeria Flour Mills: +10%, closing at NGN 37.40
• Eunisell Interlinked: +9.87%
• The Initiates: +9.81%
• Livestock Feeds: +7.73%
• Losers: 32 companies recorded declines. Key losers were:
• Cadbury Nigeria: -9.89%, ending at NGN 16.40
• Academy Press: -9.87%
• Royal Exchange: -9.72%
• Aradel Holdings: -8.33%
4. Most Traded Stocks:
• Leading in trade volume:
• United Bank for Africa: 90.4 million shares
• Chams: 80.6 million shares
• Transcorp Nigeria: 31.7 million shares
• Zenith Bank: 22.9 million shares
5. Market Indices Performance:
• The All-Share Index (ASI) dropped by 0.66%, settling at 98,058.07 points, indicating a short-term downtrend but showing an impressive year-to-date growth of 31.14%.
• Other notable indices:
• NGX Top 30: -0.41% daily, +31.37% YTD
• NGX Insurance: +0.18% daily, +38.46% YTD
• NGX Oil & Gas: +0.03% daily, +117.96% YTD
• NGX Consumer Goods: -0.01% daily, +38.68% YTD
• NGX Premium Index: -0.25% daily, +25.73% YTD
These figures highlight the NGX’s resilience amid economic challenges and reflect active investor interest across multiple sectors.
On Tuesday, October 29, the Nigerian Stock Exchange (NGX) witnessed substantial trading activity. Here’s a breakdown of the day’s performance:
1. Overall Market Activity:
• Shares Traded: 399.3 million shares across 9,547 transactions.
• Market Value: NGN 8.93 billion, marking a 96% increase from the previous day.
• Market Capitalization: NGN 59.4 trillion.
2. Volume and Turnover:
• There was a 13% increase in trading volume and a slight 1% rise in deal count from Monday’s session, reflecting enhanced market engagement.
3. Gainers and Losers:
• Gainers: Out of the 123 traded equities, 26 companies saw price increases. Notable gainers included:
• Northern Nigeria Flour Mills: +10%, closing at NGN 37.40
• Eunisell Interlinked: +9.87%
• The Initiates: +9.81%
• Livestock Feeds: +7.73%
• Losers: 32 companies recorded declines. Key losers were:
• Cadbury Nigeria: -9.89%, ending at NGN 16.40
• Academy Press: -9.87%
• Royal Exchange: -9.72%
• Aradel Holdings: -8.33%
4. Most Traded Stocks:
• Leading in trade volume:
• United Bank for Africa: 90.4 million shares
• Chams: 80.6 million shares
• Transcorp Nigeria: 31.7 million shares
• Zenith Bank: 22.9 million shares
5. Market Indices Performance:
• The All-Share Index (ASI) dropped by 0.66%, settling at 98,058.07 points, indicating a short-term downtrend but showing an impressive year-to-date growth of 31.14%.
• Other notable indices:
• NGX Top 30: -0.41% daily, +31.37% YTD
• NGX Insurance: +0.18% daily, +38.46% YTD
• NGX Oil & Gas: +0.03% daily, +117.96% YTD
• NGX Consumer Goods: -0.01% daily, +38.68% YTD
• NGX Premium Index: -0.25% daily, +25.73% YTD
These figures highlight the NGX’s resilience amid economic challenges and reflect active investor interest across multiple sectors.