NIGERIAN STOCK EXCHANGE (NGX) TRADING SUMMARY FOR THURSDAY, OCTOBER 10, 2024
Trading Activity:
Shares Traded: 277,745,152 shares were exchanged in 7,091 deals.
Market Value: These trades amounted to NGN 4.65 billion in value.
Comparison to Previous Day: Compared to Wednesday, October 9, there was a notable decline in trading activity:
Volume: A 22% decrease.
Turnover: A 33% reduction.
Deals: 17% fewer deals.
Market Capitalization: The overall market capitalization stood at NGN 56 trillion.
Performance of Equities:
Number of Stocks Traded: 122 equities were traded.
Gainers: 23 stocks ended the day with gains. Key performers include:
Regency Alliance Insurance: The top gainer with a 10% increase, closing at NGN 0.66 per share.
Caverton Offshore Support Group: Gained 9.73%.
Royal Exchange: Gained 8.7%.
Associated Bus Company: Increased by 8.2%.
Losers: 22 stocks declined, with major losers being:
Daar Communications: The worst performer, losing 10%, closing at NGN 0.63 per share.
Livestock Feeds: Fell by 9.88%.
Fidson Healthcare: Dropped by 9.71%.
Sunu Assurances Nigeria: Decreased by 9.71%.
Most Traded Stocks by Volume:
Fidelity Bank: Recorded the highest volume, with 43.3 million shares traded.
United Bank for Africa: 30.7 million shares exchanged.
Zenith Bank: 25.6 million shares.
Lasaco Assurance: 22.1 million shares.
NGX Indices:
- NGX All-Share Index (ASI): The benchmark index dipped slightly by 0.01% (9.95 points), closing at 97,477.19. However, the index maintained positive performance trends:
1-week gain: 0.43%.
4-week gain: 0.7%.
Year-to-date gain: 30.36%.
Other significant indices:
- NGX Top 30 Index: Slight decrease of 0.04%, but with a strong year-to-date (YTD) gain of 30.68%.
- NGX Main Board Index: Rose by 0.03%, with a remarkable YTD increase of 38.91%.
- NGX Insurance Index: Flat performance for the day but up by 36.12% YTD.
- NGX Industrial Index: Flat performance, with a 31.97% YTD gain.
- NGX Consumer Goods Index: Down by 0.05%, with a 38.53% YTD gain.
- NGX Premium Index: Fell 0.08%, but with strong weekly (+2.15%) and YTD (+22.53%) performance.
Trading Activity:
Shares Traded: 277,745,152 shares were exchanged in 7,091 deals.
Market Value: These trades amounted to NGN 4.65 billion in value.
Comparison to Previous Day: Compared to Wednesday, October 9, there was a notable decline in trading activity:
Volume: A 22% decrease.
Turnover: A 33% reduction.
Deals: 17% fewer deals.
Market Capitalization: The overall market capitalization stood at NGN 56 trillion.
Performance of Equities:
Number of Stocks Traded: 122 equities were traded.
Gainers: 23 stocks ended the day with gains. Key performers include:
Regency Alliance Insurance: The top gainer with a 10% increase, closing at NGN 0.66 per share.
Caverton Offshore Support Group: Gained 9.73%.
Royal Exchange: Gained 8.7%.
Associated Bus Company: Increased by 8.2%.
Losers: 22 stocks declined, with major losers being:
Daar Communications: The worst performer, losing 10%, closing at NGN 0.63 per share.
Livestock Feeds: Fell by 9.88%.
Fidson Healthcare: Dropped by 9.71%.
Sunu Assurances Nigeria: Decreased by 9.71%.
Most Traded Stocks by Volume:
Fidelity Bank: Recorded the highest volume, with 43.3 million shares traded.
United Bank for Africa: 30.7 million shares exchanged.
Zenith Bank: 25.6 million shares.
Lasaco Assurance: 22.1 million shares.
NGX Indices:
- NGX All-Share Index (ASI): The benchmark index dipped slightly by 0.01% (9.95 points), closing at 97,477.19. However, the index maintained positive performance trends:
1-week gain: 0.43%.
4-week gain: 0.7%.
Year-to-date gain: 30.36%.
Other significant indices:
- NGX Top 30 Index: Slight decrease of 0.04%, but with a strong year-to-date (YTD) gain of 30.68%.
- NGX Main Board Index: Rose by 0.03%, with a remarkable YTD increase of 38.91%.
- NGX Insurance Index: Flat performance for the day but up by 36.12% YTD.
- NGX Industrial Index: Flat performance, with a 31.97% YTD gain.
- NGX Consumer Goods Index: Down by 0.05%, with a 38.53% YTD gain.
- NGX Premium Index: Fell 0.08%, but with strong weekly (+2.15%) and YTD (+22.53%) performance.