NGX TRADING SUMMARY FOR TUESDAY, OCTOBER 8, 2024
1. Market Activity:
Total Shares Traded: 719.1 million shares were traded.
Deals: These transactions occurred across 9,435 deals.
Market Value: The total value of the shares traded was NGN 8.34 billion.
Comparison with Monday, October 7:
There was a 133% increase in trading volume.
Turnover saw a 51% increase.
However, the number of deals fell by 9%.
2. Market Capitalization: The NGX’s market capitalization stood at NGN 56.1 trillion.
3. Stock Performance:
Gainers: Out of 121 equities traded, 25 ended with gains:
Regency Alliance Insurance saw the highest gain of 10% (closing at NGN 0.55 per share).
Other notable gainers included PZ Cussons Nigeria (+8.78%), Cutix (+5.6%), and Deap Capital Management & Trust (+5.59%).
Losers: 30 stocks recorded losses:
Guinness Nigeria had the steepest decline, losing 10% to close at NGN 61.20 per share.
Other major losers were Africa Prudential (-9.86%), International Breweries (-9.07%), and Computer Warehouse Group (-6.98%).
4. Top Traded Stocks by Volume:
Wapic Insurance had the highest volume with 402 million shares traded.
Other top trades included Fidelity Bank (49.9m), Access Holdings (25.4m), and UBA (23.1m).
5. NGX Indices:
NGX All-Share Index (ASI): Dropped by 121.89 points (-0.12%) to close at 97,584.81. Despite the drop, the ASI has a year-to-date gain of 30.51%.
NGX Oil & Gas Index: Up by 1.98%, reflecting the highest sectoral performance with a YTD gain of 109.28%.
Other key indices:
NGX Top 30 Index: Up 0.1% (but with a weekly loss of 0.59%).
NGX Insurance Index: Gained 0.86% (weekly gain of 2.06%).
NGX Premium Index: Increased by 0.69% (though it recorded a weekly decline of 1.87%).
NGX Pension Index: Marginal increase of 0.08%.
1. Market Activity:
Total Shares Traded: 719.1 million shares were traded.
Deals: These transactions occurred across 9,435 deals.
Market Value: The total value of the shares traded was NGN 8.34 billion.
Comparison with Monday, October 7:
There was a 133% increase in trading volume.
Turnover saw a 51% increase.
However, the number of deals fell by 9%.
2. Market Capitalization: The NGX’s market capitalization stood at NGN 56.1 trillion.
3. Stock Performance:
Gainers: Out of 121 equities traded, 25 ended with gains:
Regency Alliance Insurance saw the highest gain of 10% (closing at NGN 0.55 per share).
Other notable gainers included PZ Cussons Nigeria (+8.78%), Cutix (+5.6%), and Deap Capital Management & Trust (+5.59%).
Losers: 30 stocks recorded losses:
Guinness Nigeria had the steepest decline, losing 10% to close at NGN 61.20 per share.
Other major losers were Africa Prudential (-9.86%), International Breweries (-9.07%), and Computer Warehouse Group (-6.98%).
4. Top Traded Stocks by Volume:
Wapic Insurance had the highest volume with 402 million shares traded.
Other top trades included Fidelity Bank (49.9m), Access Holdings (25.4m), and UBA (23.1m).
5. NGX Indices:
NGX All-Share Index (ASI): Dropped by 121.89 points (-0.12%) to close at 97,584.81. Despite the drop, the ASI has a year-to-date gain of 30.51%.
NGX Oil & Gas Index: Up by 1.98%, reflecting the highest sectoral performance with a YTD gain of 109.28%.
Other key indices:
NGX Top 30 Index: Up 0.1% (but with a weekly loss of 0.59%).
NGX Insurance Index: Gained 0.86% (weekly gain of 2.06%).
NGX Premium Index: Increased by 0.69% (though it recorded a weekly decline of 1.87%).
NGX Pension Index: Marginal increase of 0.08%.