At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX), a total of 455,760,646 shares in 7,457 deals, corresponding to a market value of NGN 6,117,545,328.59, were traded. Compared with the previous NGX trading day (Thursday, June 1), Friday’s data shows 17% improvement in volume, 7% improvement in turnover, but 3% decline in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 30.4 trillion.
In the aggregate, 116 NGX listed equities participated in trading, ending with 29 gainers and 28 losers. Stanbic IBTC Holdings led the gainers with 10% share price appreciation closing at NGN 44.00 per share, followed by MRS Oil Nigeria (+9.92%), Conoil (+9.73%) and Eterna (+9.47%). On the losing side, FTN Cocoa Processors came out last with an end-of-day price depreciation of 9.59% at NGN 0.66 per share, followed by UPDC (-8.93%), Chams (-8.89%) and Mutual Benefits Assurance (-7.69%). FBN Holdings recorded the highest volume of 103 million traded shares, followed by Access Holdings (55.7m), United Bank for Africa (48.8m) and Zenith Bank (21.9m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) inched up 14.57 (0.03%) points to close at 55,822.82, representing a 1-week gain of 5.68%, a 4-week gain of 6.75%, and an overall year-to-date gain of 8.92%. Other remarkable indices that performed were the NGX Top 50 Index (+0.13%; +7.18% 1WK; +17.33% YTD), NGX Top 30 Index (-0.1%; +5.77% 1WK; +9.62% YTD), NGX Oil & Gas Index (+2.15%; +11.62% 1WK; +34.62% YTD), NGX Insurance Index (+0.38%; +3.64% 1WK; +21.67% YTD), NGX Main Board Index (+0.23%; +4.61% 1WK; +4.45% YTD), and NGX Consumer Goods Index (+0.09%; +8.97% 1WK; +43.77% YTD).