At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX), a total of 556,702,663 shares in 6,308 deals, corresponding to a market value of NGN 5,562,290,718.58, were traded. Compared with the previous NGX trading day (Thursday, November 9), Friday’s data shows 2% decline in volume, 67% decline in turnover, but 2% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 38.9 trillion.
In the aggregate, 123 NGX listed equities participated in trading, ending with 33 gainers and 14 losers. VFD Group led the gainers with 9.97% share price appreciation closing at NGN 202.90 per share, followed by MeCure Industries (+9.8%), Meyer (+9.72%) and FCMB Group (+9.38%).
On the losing side, Caverton Offshore Support Group came out last with an end-of-day price depreciation of 9.52% at NGN 1.33 per share, followed by E-Tranzact International (-4.43%), Cutix (-3.93%) and Fidelity Bank (-3.68%). Japaul Gold and Ventures recorded the highest volume of 165 million traded shares, followed by Universal Insurance Company (101m), United Bank for Africa (61.5m) and FCMB Group (39.7m).
The NGX Main Board Index (NGXMAINBOARD) inched up 2.11 (0.06%) points to close at 3,353.89, representing a 1-week gain of 1.01%, a 4-week gain of 7.31%, and an overall year-to-date gain of 44.04%.