At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX), a total of 1,417,514,887 shares in 5,527 deals, corresponding to a market value of NGN 10,980,724,152.33, were traded. Compared with the previous NGX trading day (Thursday, May 11), Friday data shows 197% improvement in volume and 110% improvement in turnover. The current market capitalization of the Nigerian Stock Exchange is NGN 28.4 trillion.
In the aggregate, 118 NGX listed equities participated in trading, ending with 31 gainers and 14 losers. MRS Oil Nigeria led the gainers with 9.93% share price appreciation closing at NGN 33.75 per share, followed by Academy Press (+9.87%), Ikeja Hotel (+9.86%) and Transcorp Nigeria (+9.75%). On the losing side, C&I Leasing came out last with an end-of-day price depreciation of 9.86% at NGN 3.20 per share, followed by Prestige Assurance Company (-9.76%), Royal Exchange (-6.9%) and Courteville Business Solutions (-6.52%). Fidelity Bank recorded the highest volume of 943 million traded shares, followed by Access Holdings (170m), FBN Holdings (81.1m) and Aluminium Extrusion Industries (36m).
Regarding the performance of NGX market indices, the benchmark NGX All-Share Index (ASI) inched up 53.38 (0.1%) points to close at 52,214.62, representing a 1-week loss of 0.48%, a 4-week gain of 0.5%, and an overall year-to-date gain of 1.88%. Other remarkable indices that performed were the NGX Top 50 Index (+0.32%; +1.35% 1WK; +5.06% YTD), NGX Top 30 Index (+0.28%; -0.12% 1WK; +2.17% YTD), NGX Oil & Gas Index (+1.36%; +5.2% 1WK; +20.05% YTD), NGX Insurance Index (+0.65%; +1.2% 1WK; +10.32% YTD), NGX Banking Index (+0.22%; -0.99% 1WK; +9.32% YTD), and NGX Pension Index (+0.19%; +1.05% 1WK; +9.7% YTD).
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