At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX), a total of 483,489,479 shares in 6,660 deals, corresponding to a market value of NGN 8,340,883,538.00, were traded. Compared with the previous NGX trading day Thursday, September 7 Fridays ‘s data shows 28% improvement in volume but 18% decline in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 37.3 trillion.
In the aggregate, 114 NGX listed equities participated in trading, ending with 30 gainers and 17 losers. Oando led the gainers with 10% share price appreciation closing at NGN 7.70 per share, followed by Computer Warehouse Group (+9.89%), Neimeth International Pharma (+9.8%) and Ikeja Hotel (+8.93%). On the losing side, Chellarams came out last with an end-of-day price depreciation of 9.94% at NGN 2.90 per share, followed by Omatek Ventures (-9.38%), Associated Bus Company (-8.13%) and Thomas Wyatt Nigeria (-7.83%). FCMB Group recorded the highest volume of 117 million traded shares, followed by Access Holdings (36.3m), Oando (34.2m) and United Bank for Africa (34.2m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) inched up 61.23 (0.09%) points to close at 68,143.34, representing a 1-week gain of 0.91%, a 4-week gain of 4.31%, and an overall year-to-date gain of 32.96%. Other remarkable indices that performed were the NGX Top 50 Index (+0.1%; +1.89% 1WK; +51.35% YTD), NGX Top 30 Index (+0.05%; +0.78% 1WK; +36.18% YTD), NGX Consumer Goods Index (+0.18%; +2.24% 1WK; +87.24% YTD), NGX Industrial Index (+0.16%; -0.49% 1WK; +20.37% YTD), NGX Banking Index (+0.14%; +5.55% 1WK; +71.06% YTD), and NGX Premium Index (+0.12%; +0.2% 1WK; +51.71% YTD).
