In continuation of the 2024 growth, the NGX has achieved its highest single-day achieve since June 13, 2023. The All-Share Index appreciated by 3.57%, gaining 2,867.31 factors to succeed in a complete of 83,191.84 factors.
The milestone achieved comes in the future after the All-Share Index crossed the 80,000 mark.
Equities gained about N1.567 trillion because the market capitalization appreciated by 3.57% to N45.524 trillion, from yesterday’s N43.957 trillion. Among the greatest gainers out there included FBN Holdings (First Financial institution) which gained about 10% to rebound again into the SWOOT class. Client items corporations, Unilever and Cadbury additionally gained about 10% every.
By way of buying and selling quantity, there was an 18.5% appreciation to 1.41 billion models, in comparison with yesterday’s 1.19 billion models. Additionally, in buying and selling worth, there was a whopping 61.7% appreciation to N24.68 billion from yesterday’s N15.26 billion
Market Indices
Listed below are the market Indices for at this time’s buying and selling session
NGX All-Share Index: 83,191.84 factors
% Day Change: +3.57%
Day’s Lowest: 80,302.25 factors
Day’s Highest: 83,240.25 factors
% YTD: +11.26%
Market Cap: N45.52 trillion
Quantity Traded: 1,410 million models
Worth Traded: N24.68 billion
Prime Gainers
- FBNH: +10.00% to shut at N28.60%
- CADBURY: +10.00% to shut at N18.15
- UNILEVER: +10.00% to shut at N18.15
- FTNCOCOA: +10.00% to shut at N2.20
- MBENEFIT: +10.00% to shut at N0.77
- GUINEAINS: +10.00% to shut at N0.44
Prime Losers
- TOTAL: -10.00% to shut at N346.50
- DAARCOMM: -9.40% to shut at N1.06
- RTBRISCOE: -8.45% to shut at N0.65
- SUNUASSUR: -7.69% to shut at N1.20
- PRESTIGE: -7.41% to shut at N0.50
- THOMASWY: -6.37% to shut at N2.50
Prime Traded Shares
By way of quantity, FIDELITYBK (+4.49%) led with about 141.75 million models, adopted by FCMB (+9.86%) with 128.97 million models, UBA (+9.03%) with 117.71 million models, TRANSCORP (+2.81%) with 108.34 million models, and ACCESSCORP (+8.39%) with 85.08 million models.
Regarding worth, UBA (+9.03%) topped with N3.78 billion, adopted by ACCESSCORP (+8.39%) with N2.53 billion, GTCO (+9.55%) with N2.14 billion, ZENITHBANK (+9.99%) with N2.12 billion, and FIDELITYBK (+4.49%) with N1.97 billion.
SWOOT and FUGAZ Replace
There was an especially constructive buying and selling sentiment for shares price over N1 trillion as virtually all the members of the SWOOT class recorded spectacular features.
GTCO (+9.55%), ZENITHBANK (+9.99%), UBA (+9.03%), BUAFOODS (+5.59%), MTN (+3.51%), and DANGCEM (+3.72%) all recorded features, whereas BUACEMENT, AIRTELAFRI, and SEPLAT recorded no value adjustments.
FBNH gained 10%, surpassing the N1 trillion market capitalization stage. Nonetheless, this isn’t the primary time the group has reached this milestone.
Tier-1 banks drove the market’s constructive efficiency, as all of them recorded spectacular features, FBNH (+10.00%), UBA (+9.03%), GTCO (+9.55%), ACCESSCORP (+8.39%), and ZENITHBANK (+9.99%).