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Beverage and Food Sectors Dominate NGX with Combined Market Cap of N10.84tn

• Posted on January 16, 2025
• Stock Market
• By Samiat

Beverage and Food Sectors Dominate NGX with Combined Market Cap of N10.84tn

Detailed Breakdown of Market Activity

Market Overview

• A total of 17 companies across diverse sectors contributed to a combined market capitalization of N11.22tn on the Nigerian Stock Exchange (NGX).

• Key contributors include top players in the consumer goods, food, beverages, and household product sectors.

Sector Highlights

Beverages Sector:

• Golden Guinea Brewery PLC:

• Market Cap: N8.85bn

• Share Price: N8.64 (No change)

• Volume Traded: 100 shares

• Guinness Nigeria PLC:

• Market Cap: N153.33bn

• Share Price: N70.00 (+7.69%)

• Volume Traded: 2.97m shares in 64 deals

• International Breweries PLC:

• Market Cap: N858.29bn

• Share Price: N5.10 (-45%)

• Volume Traded: 1.17m shares in 45 deals

• Nigerian Breweries PLC:

• Market Cap: N991.46bn

• Share Price: N32.00 (+0.16%)

• Volume Traded: 16.19m shares in 101 deals

Food Products Sector:

• BUA Foods PLC:

• Market Cap: N7.47tn

• Share Price: N415.00 (No change)

• Volume Traded: 7.52m shares

• Dangote Sugar Refinery PLC:

• Market Cap: N447.61bn

• Share Price: N36.85 (+10%)

• Volume Traded: 4.59m shares in 218 deals

• Honeywell Flour Mill PLC:

• Market Cap: N80.49bn

• Share Price: N10.15 (+6.39%)

• Volume Traded: 10.03m shares in 433 trades

• Multi-Trex Integrated Foods PLC:

• Market Cap: N1.62bn

• Share Price: Unchanged

• Volume Traded: None

• Nigerian Flour Mills PLC:

• Market Cap: N8.82bn

• Share Price: N49.50 (+9.76%)

• Volume Traded: 387,568 shares in 52 deals

Other Highlights:

• Nascon Allied Industries PLC:

• Market Cap: N104.04bn

• Share Price: N38.50 (+10%)

• Volume Traded: 13.22m shares in 444 trades

• Union Dicon Salt PLC:

• Market Cap: N2.05bn

• Share Price: N7.50 (No change)

• Volume Traded: 12,531 shares in 4 deals

• Cadbury Nigeria PLC:

• Market Cap: N51.99bn

• Share Price: N22.80 (No change)

• Volume Traded: 198,088 shares in 53 deals

• Nestle Nigeria PLC:

• Market Cap: N693.57bn

• Share Price: N875.00 (-0.79%)

• Volume Traded: 161,716 shares

• Nigerian Enamelware PLC:

• Market Cap: N1.47bn

• Share Price: N19.30 (No change)

• Volume Traded: 400 shares in 1 deal

• Vitafoam Nigeria PLC:

• Market Cap: N30.02bn

• Share Price: N24.00 (-3.81%)

• Volume Traded: 2.73m shares in 61 deals

• PZ Cussons Nigeria PLC:

• Market Cap: N109.19bn

• Share Price: N27.50 (No change)

• Volume Traded: 303,207 shares in 51 trades

• Unilever Nigeria PLC:

• Market Cap: N206.82bn

• Share Price: N36.00 (+3.90%)

• Volume Traded: 512,139 shares in 72 deals


Key Takeaway:

• Nigeria’s beverage and food sectors continue to lead the NGX, with a total market capitalization of N10.84tn as of the end of Wednesday’s trading.