NGX TRADING SUMMARY FOR WEDNESDAY, OCTOBER 9, 2024

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Olori Uwem

Member
Mar 18, 2024
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NGX TRADING SUMMARY FOR WEDNESDAY, OCTOBER 9, 2024

Overview: At the close of trading on the Nigerian Stock Exchange (NGX) on October 9, 2024, a total of 356,134,129 shares were traded across 8,582 deals, with a market value of NGN 6,952,403,710.74. This represents a significant decline in trading activity compared to the previous session.

Key Statistics:
Volume Decline: Today's trading volume decreased by 50% compared to October 8.
Turnover Decline: The turnover fell by 17%.
Deals Decline: The number of deals decreased by 9%.
Market Capitalization: The current market capitalization of the NGX stands at NGN 56 trillion.

Market Performance:
Total Listed Equities: 127 NGX-listed equities participated in today’s trading.

Gainers and Losers:
Gainers: 15
Losers: 38

Notable Gainers:
1. Lasaco Assurance - +10%, closing at NGN 2.53.
2. MeCure Industries - +9.47%.
3. Julius Berger Nigeria - +9.33%.
4. Regency Alliance Insurance - +9.09%.

Notable Losers:
1. Ellah Lakes - -9.84%, closing at NGN 4.40.
2. Associated Bus Company - -9.63%.
3. Eterna - -8.52%.
4. C&I Leasing - -8.4%.

Highest Trading Volumes:
Fidelity Bank: 66.2 million shares.
United Bank for Africa: 38 million shares.
Sterling Bank: 33.8 million shares.
Nigerian Breweries: 14.6 million shares.

Index Performance:
NGX All-Share Index (ASI): Decreased by 97.67 points (-0.1%), closing at 97,487.14.

1-Week Change: -0.76%
4-Week Change: +1.33%
Year-to-Date Change: +30.38%

Other Indices:
NGX Top 30 Index: +0.22% YTD +30.73%.
NGX Consumer Goods Index: +0.31% YTD +38.6%.
NGX Pension Index: +0.03% YTD +24.55%.
NGX Industrial Index: -0.01% YTD +31.97%.
NGX Main Board Index: -0.05% YTD +38.88%.
NGX Premium Index: -0.21% YTD +22.63%.