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Home Economics

Nigeria Exchange (NGX) Weekly Report Shows Increase Equity, ETP,NGX All Share Index and Market Capitalization

Rate Captain by Rate Captain
July 29, 2021
in Economics, Markets, Money Market, News, Research
Reading Time: 1 min read
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Nigeria exchange (NGX) recorded some astonishing values in respect to exchange traded products, all share index and market capitalization in the market report for July 23 2021.

EQUITY

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Central Banks Ramp Up Gold Purchases as Geopolitical Risks Fuel De-Dollarisation Drive

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NGX Market Cap Dips Below N130 Trillion as Profit-Taking Takes Hold

A total turnover of 896.174 million shares worth N5.235 billion in 11,714 deals were
traded this week by investors on the floor of the Exchange, in contrast to a total of 1.008 billion
shares valued at N10.923 billion that exchanged hands last week in 17,297 deals.

EXCHANGE TRADED PRODUCT (ETP)

A total of 8,032 units valued at N1.864 million were traded this week in 19 deals compared with
a total of 7,403 units valued at N486,759.25 transacted last week in 17 deals.

 

INDEX

The NGX All-Share Index and Market Capitalization appreciated by 1.90% to close the week
at 38,667.90 and N20.147 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance and NGX ASeM
indices which depreciated by 0.74% and 0.31% respectively, while the NGX Growth Index
closed flat. (See summary of index movements in the table below)

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