Nigerian Stock Exchange (NGX) Trading Summary for Thursday, October 31, 2024
Today’s trading session on the NGX saw significant market activity, with 532.89 million shares traded in 9,047 deals, representing a market value of NGN 8.84 billion. This volume indicates a slight 1% decline compared to the previous day, while turnover dropped by 42% and the number of deals fell by 10%.
Market Capitalization
The current market capitalization stands at NGN 59.2 trillion.
Market Breadth
Total equities traded: 125
Gainers: 24 stocks
Losers: 26 stocks
Top Gainers
1. Sunu Assurances Nigeria: +10%, closing at NGN 2.09 per share.
2. Eunisell Interlinked: +9.89%
3. University Press: +9.74%
4. Cornerstone Insurance Company: +9.6%
Top Losers
1. Aradel Holdings: -10%, closing at NGN 495.10 per share.
2. Veritas Kapital Assurance: -10%
3. Secure Electronic Technology: -9.09%
4. RT Briscoe: -8.96%
High Trading Volumes
United Bank for Africa (UBA) led in volume with 74.3 million shares.
UAC of Nigeria: 55.1 million shares
Chams: 53.3 million shares
Jaiz Bank: 46 million shares
NGX Market Indices
All-Share Index (ASI): Declined by 372 points (-0.38%) to 97,651.23. This represents:
1-week loss: -1.55%
4-week gain: +0.6%
Year-to-date gain: +30.6%
Other indices performance:
NGX Top 30: -0.03% today; -1.15% for the week; +31.45% YTD.
NGX Oil & Gas: +1.27% today; +1.35% weekly; +121.22% YTD.
NGX Insurance: +1.12% today; +0.87% weekly; +39.02% YTD.
NGX Banking: +0.28% today; -0.2% weekly; +10.3% YTD.
NGX Pension: +0.04% today; -0.57% weekly; +29.72% YTD.
NGX Premium: +0.02% today; -1.61% weekly; +24.92% YTD.
Summary
Today’s trading on the NGX reflects a mixed performance with notable gains in some sectors, like Oil & Gas, while the All-Share Index faced a minor decline. Noteworthy trading volumes were recorded in prominent stocks such as UBA and UAC, while the Insurance sector showed solid gains among its listed equities.
Today’s trading session on the NGX saw significant market activity, with 532.89 million shares traded in 9,047 deals, representing a market value of NGN 8.84 billion. This volume indicates a slight 1% decline compared to the previous day, while turnover dropped by 42% and the number of deals fell by 10%.
Market Capitalization
The current market capitalization stands at NGN 59.2 trillion.
Market Breadth
Total equities traded: 125
Gainers: 24 stocks
Losers: 26 stocks
Top Gainers
1. Sunu Assurances Nigeria: +10%, closing at NGN 2.09 per share.
2. Eunisell Interlinked: +9.89%
3. University Press: +9.74%
4. Cornerstone Insurance Company: +9.6%
Top Losers
1. Aradel Holdings: -10%, closing at NGN 495.10 per share.
2. Veritas Kapital Assurance: -10%
3. Secure Electronic Technology: -9.09%
4. RT Briscoe: -8.96%
High Trading Volumes
United Bank for Africa (UBA) led in volume with 74.3 million shares.
UAC of Nigeria: 55.1 million shares
Chams: 53.3 million shares
Jaiz Bank: 46 million shares
NGX Market Indices
All-Share Index (ASI): Declined by 372 points (-0.38%) to 97,651.23. This represents:
1-week loss: -1.55%
4-week gain: +0.6%
Year-to-date gain: +30.6%
Other indices performance:
NGX Top 30: -0.03% today; -1.15% for the week; +31.45% YTD.
NGX Oil & Gas: +1.27% today; +1.35% weekly; +121.22% YTD.
NGX Insurance: +1.12% today; +0.87% weekly; +39.02% YTD.
NGX Banking: +0.28% today; -0.2% weekly; +10.3% YTD.
NGX Pension: +0.04% today; -0.57% weekly; +29.72% YTD.
NGX Premium: +0.02% today; -1.61% weekly; +24.92% YTD.
Summary
Today’s trading on the NGX reflects a mixed performance with notable gains in some sectors, like Oil & Gas, while the All-Share Index faced a minor decline. Noteworthy trading volumes were recorded in prominent stocks such as UBA and UAC, while the Insurance sector showed solid gains among its listed equities.