Investors gain N73.88bn as NGX-ASI increases by 0.13%
Nigeria’s Equities Market closed positive on Thursday by 0.13% as the NGX-ASI increased to 104,387.47 from 104,256.81 recorded at the close of the previous trading day; indicating a YTD return of +39.60%.
Market capitalization increased by N73.88 billion to N59.022 billion from N58.948 trillion recorded at the close of the previous trading day, Also, the market turnover increased to N9.285 billion from N6.841 billion.
At the end of today’s trading session , a total of 336,816,310 shares in 8,790 deals, corresponding to a market value of NGN 9,285,035,651.64, were traded. Compared with the previous NGX trading day (Wednesday, March 20), today’s data shows 13% improvement in volume, 36% improvement in turnover, and 7% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 59 trillion.
In the aggregate, 122 NGX listed equities participated in trading, ending with 22 gainers and 29 losers. Juli led the gainers with 10% share price appreciation closing at NGN 7.15 per share, followed by Transcorp Nigeria (+9.96%), International Energy Insurance (+9.66%) and E-Tranzact International (+9.65%). On the losing side, Deap Capital Management & Trust came out last with an end-of-day price depreciation of 10% at NGN 0.63 per share, followed by Tourist Company of Nigeria (-9.86%), Computer Warehouse Group (-9.09%) and Caverton Offshore Support Group (-8.57%). United Bank for Africa recorded the highest volume of 63.9 million traded shares, followed by Access Holdings (32m), Zenith Bank (21.8m) and Transcorp Nigeria (20.6m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) inched up 130.66 (0.13%) points to close at 104,387.47, representing a 1-week gain of 0.32%, a 4-week gain of 3.11%, and an overall year-to-date gain of 39.6%. Other remarkable indices that performed were the NGX Top 30 Index (+0.28%; +0.14% 1WK; +38.92% YTD), NGX Banking Index (+0.9%; +5.49% 1WK; +10.97% YTD), NGX Insurance Index (+0.57%; +6.56% 1WK; +19.38% YTD), NGX Pension Index (+0.49%; +1.08% 1WK; +19.48% YTD), NGX Main Board Index (+0.48%; +0.68% 1WK; +38.33% YTD), and NGX Industrial Index (+0.42%; +0.6% 1WK; +78.09% YTD).
