At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX), a total of 184,243,689 shares in 3,962 deals, corresponding to a market value of NGN 2,538,002,378.49, were traded. Compared with the previous NGX trading day (Thursday, March 2), today’s data shows 11% decline in volume, 22% decline in turnover, and 10% decline in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 30.3 trillion.
In the aggregate, 107 NGX listed equities participated in trading, ending with 17 gainers and 16 losers. Academy Press led the gainers with 9.48% share price appreciation closing at NGN 1.27 per share, followed by Neimeth International Pharma (+8.97%), Honeywell Flour Mill (+7.83%) and Flour Mills Nigeria (+4.69%). On the losing side, Seplat Petroleum Development Co. came out last with an end-of-day price depreciation of 9.43% at NGN 1,200.00 per share, followed by Oando (-8.62%), Wapic Insurance (-6.82%) and Unity Bank (-5.26%). Sterling Bank recorded the highest volume of 45.6 million traded shares, followed by Zenith Bank (17.4m), Transcorp Nigeria (11m) and Aiico Insurance (9.38m).
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