The Nigerian Alternate Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.02 per cent and 1.31 per cent to shut the week at 143,584.04 and N91.135 trillion respectively.
Theses are towards 142,133.03 and N89.960 posted final week.
Consequently, equities traders gained N1.175 trillion for the week beneath overview.
It’s because the market opened for 4 buying and selling days this week because the federal authorities declared Wednesday Oct. 1, as a public vacation to mark the Independence Day celebration.
Equally, all different indices completed increased except for NGX Premium, NGX Insurance coverage, NGX AFR Div Yield and NGX MERI Worth Indices which depreciated by 0.05 per cent, 2.02 per cent, 2.78 per cent and 0.81 per cent respectively, whereas the NGX AseM and NGX Sovereign Bond indices closed flat.
In the meantime, a turnover of 8.403 billion shares value N115.501 billion in 115,801 transactions was traded this week by traders.
That is in distinction to 7.684 billion shares valued at N494.126 billion that exchanged palms final week in 116,645 offers.
The Monetary Providers Trade led the exercise chart with 7.750 billion shares valued at N88.153 billion traded in 54,074 offers.
This contributed 92.24 per cent and 76.32 per cent to the full fairness turnover quantity and worth respectively.
The ICT Trade adopted with 181.005 million shares value N4.077 billion in 9,364 offers.
The third place was the Shopper Items Trade, with a turnover of 126.554 million shares value N6.274 billion in 14,261 offers.
Buying and selling within the prime three equities, specifically Cornerstone Insurance coverage Plc, Constancy Financial institution Plc and United Financial institution for Africa Plc, accounted for six.525 billion shares value N52.699 billion in 8,820 transactions.
This contributed 77.66 per cent and 45.63 per cent to the full fairness turnover quantity and worth respectively.
Fifty-three equities appreciated in worth through the week, increased than 32 equities within the earlier week.
Forty-three equities depreciated in worth, decrease than 51 equities within the earlier week, whereas 51 equities remained unchanged, decrease than 64 recorded within the earlier week.
Eterna, Nigerian Enamelware, PZ Cussons, Livingtrust Mortgage Financial institution and Eunisell Interlinked have been the highest 5 gainers for the week, they usually grew in 32.80 per cent, 20.94 per cent, 20.87 per cent, 18.25 per cent and 17.56 per cent respectively.
The businesses gained N9.15, N7.35, N7.20, 94k and N5.90 respectively
The highest 5 decliners for the week have been Julius Berger, Worldwide Power Insurance coverage, Union Dicon Salt, AXA Mansard and College Press they usually misplaced N26.60, 37k, 90k, N1.60 and 59k respectively.
The NGX notified the buying and selling licence holders that further 14,143,244,747 atypical shares of fifty Kobo every of Wema Financial institution Plc have been on Tuesday, Sept. 30, listed on the Day by day Official Record of NGX.
The extra shares arose from the Financial institution’s Rights Challenge of 14,286,785,417 atypical shares of fifty Kobo every at N10.45 per share on the premise of two (2) new shares for each present three atypical shares held as at shut of enterprise on Wednesday, 5 March 2025.
With the itemizing of the extra 14,143,244,747 atypical shares, the full issued, and absolutely paid-up shares of Wema Financial institution Plc has now elevated from 21,430,178,125 to 35,573,422,872 atypical shares of fifty Kobo every. (NAN)
