Latest / Green Ticker Tales / Airtel Africa lifts NGX by 2.19%: Daily Market Summary July 3, 2026
Transcript
- 0:00Good evening, here are the key points from today's training session on the NGX. The All Share Index gained 2.19% and the index measures the average performance of stocks. 454.8 million shares valued at 27.5 billion and were traded in a bit over 48,100 deals. On the gainer side of things, I was a lead day today. Why do I say so? You had 1, 2, 3, 4, 5. 5 stocks.
- 0:28are appreciated by ten percent they are tip universal insurance star communications omatech and etel africa etel africa against ten percent closing at five thousand two hundred and seventy four naira share etel africa is the primary reason why the market had this big bounce today i closed at ten percent omatech gained ten percent as well closing on one hour some of the six couple that communications closer 165 couple up ten percent universal insurance close at 88 couple
- 0:56up by ten percent and then tip the initiates close at twenty five ninety five couple of ten percent as well on the loser side of things international energy insurance was the world's performing stock today uh i i i fell by nine point nine six percent because that four nine seventy couple share may have been declined by nine point nine five percent to close at eighteen nine fifty five couple share ftg ensure decline by nine point eight percent includes that three nine twenty two couple share and then you had them
- 1:25And sovereign trust insurance closing at 1.95 naira down by 5.34%. Veritas Capital took the fifth spot, fell by 5.07%, closing at 1.031 naira. Let's look at most actively traded stocks by volume and value. On the volumes, Adoptin Steep initiated Sukupo position with 49.3 million shares traded. Charms was next with 28.3 million shares traded. And their third place was UBA with 27.8 million shares traded.
- 1:55on the value side of things mt nigeria pole position with 4.1 billion naira water shares to that ardell was next with 3.8 billion naira water shares to that and then you had gtco third place with 3.1 billion naira water shares today and what else let's go check the ngs corporate disclosure page i think the most important information for me is a disclosure by nako on the retirement and appointment of a non-executive director so the firm says
- 2:24Mr. Akinwumi Godsin, Fani Mokun, and INED and the Vice Chairman, as well as Tawfik Salman, a non-executive director of the company, both of them retired from the board effective 15th of June 2026 and the 30th of June 2026 respectively, after serving on the board for eight years. However, the notice also says that Mr. Akinwumi G. Fani Mokun still holds substantial shares in the company.
- 2:54even after his retirement as a result of age now their replacements their replacements are mr wolemi a son san and we have dr julius b on modayo if you are familiar with the markets if you are familiar with the markets you probably would know a julius otuga i will come to that the board also announced at the appointment of tajudin shobayo who's an existing non-executive director as the vice chairman
- 3:23to replace the retired vice chairman. So I think he replaces Akiwumi Fanimoku who has retired. And these two appointments took effect from the 1st of July, 2026. In case you're wondering who Julius Omoda is, he is an executive director. He is an executive director on the board of First Bank of Nigeria Limited.
- 3:50first bank of nigeria limited so he is an executive director so this is a major a major move and i think one will be watching closely in the coming days i thank you for listening ladies and gentlemen have yourselves a lovely weekend and as always if you have the chance whether day whether weekend whatever day it is we try as much as possible to always have content across green ticket platforms so we will have content over the weekend there's lots to discuss there's lots to discuss there's lots to discuss
- 4:19thank you for listening have a lovely weekend