The Nigerian Stock Exchange (NSE), now officially known as the Nigerian Exchange Group (NGX), serves as a vital market infrastructure in Africa’s largest economy.
With its benchmark All-Share Index (ASI) and a diverse array of listed equities, NGX provides investors with opportunities to participate in the country’s dynamic financial markets.
Here’s a comprehensive overview of today’s trading activity on the NGX, including live share prices, top gainers and losers, and market indices analysis.
Market Snapshot:
- ASI Index: 98,847.89 (+95.91)
- Year-to-Date (YTD): +24,074.12 (32.2%)
- Market Capitalization: NGN 55.9 Trillion
Overview of NGX: The NGX, previously the Nigerian Stock Exchange, underwent demutualization in March 2021, transforming into a shareholder-owned entity. It offers access to various listing categories, including the Premium Board, Main Board, and Alternative Securities Market (ASeM), catering to companies of different sizes and growth stages.
Live Share Prices and Trading Highlights – 4th March 2024:
Top Gainers:
- Transcorp: NGN 15.70 (+9.94%)
- PZ: NGN 37.10 (+9.93%)
- Neimeth: NGN 1.89 (+9.88%)
- Juli: NGN 4.12 (+9.87%)
- Consolidated Hallmark Holdings: NGN 1.53 (+9.29%)
Bottom Losers:
- Dangote Sugar Refinery: NGN 53.10 (-10.00%)
- Vitafoam Nigeria: NGN 22.95 (-10.00%)
- Unity Bank: NGN 1.98 (-10.00%)
- National Salt Company: NGN 53.50 (-8.55%)
- MTN Nigeria: NGN 185.00 (-7.82%)
Listed Companies/Securities:
- A comprehensive table showcasing the ticker, name, volume, price, and change of listed equities on the NGX.
Trading Summary:
- Volume: 429,639,960 shares
- Deals: 10,749
- Market Value: NGN 19,924,058,691.02
- Market Capitalization: NGN 55.9 Trillion
- Percentage Change: +17% in volume, +194% in turnover, +17% in deals compared to the previous trading day.
Market Indices Analysis:
- ASI Index: Inched up by 95.91 points to close at 98,847.89, reflecting a 32.2% YTD gain.
- Other Indices: NGX Top 30, Industrial, Main Board, Oil & Gas, Insurance, and Banking indices analyzed for performance.
