NGX Trading Summary for Friday, December 20, 2024
The Nigerian Stock Exchange (NGX) wrapped up the final trading session of the week with notable market activities:
1. Market Performance Highlights:
• Shares Traded: A total of 513,564,045 shares were exchanged.
• Deals Executed: These trades were conducted across 11,554 deals, reflecting increased market participation.
• Market Value: The total value of shares traded amounted to NGN 15.89 billion.
Comparison with Thursday, December 19, 2024:
• Volume: A 28% increase in the number of shares traded.
• Turnover: A 7% decline in the market value of shares.
• Deals: A 13% improvement in the number of deals executed.
2. Market Capitalization:
The NGX currently boasts a total market capitalization of NGN 61.3 trillion, underscoring its robust position.
Trading Participation
• Equities Traded: A total of 125 listed equities were involved in trading.
• Gainers:
• 39 stocks ended the day in green.
• Top Gainers:
• UAC of Nigeria: +10%, closing at NGN 30.25/share.
• Honeywell Flour Mill: +10%.
• Universal Insurance Company: +10%.
• Learn Africa: +9.92%.
• Losers:
• 15 stocks closed in red.
• Top Losers:
• Multiverse Mining & Exploration: -9.8%, closing at NGN 4.60/share.
• Aradel Holdings: -9.09%.
• International Energy Insurance: -8.13%.
• Wapic Insurance: -4.49%.
Most Traded Stocks by Volume
• Zenith Bank: 60.4 million shares.
• United Bank for Africa (UBA): 43.5 million shares.
• Sterling Bank: 43.3 million shares.
• Universal Insurance Company: 28.3 million shares.
The NGX continues to reflect dynamic market activity, with significant participation and opportunities for investors.
The Nigerian Stock Exchange (NGX) wrapped up the final trading session of the week with notable market activities:
1. Market Performance Highlights:
• Shares Traded: A total of 513,564,045 shares were exchanged.
• Deals Executed: These trades were conducted across 11,554 deals, reflecting increased market participation.
• Market Value: The total value of shares traded amounted to NGN 15.89 billion.
Comparison with Thursday, December 19, 2024:
• Volume: A 28% increase in the number of shares traded.
• Turnover: A 7% decline in the market value of shares.
• Deals: A 13% improvement in the number of deals executed.
2. Market Capitalization:
The NGX currently boasts a total market capitalization of NGN 61.3 trillion, underscoring its robust position.
Trading Participation
• Equities Traded: A total of 125 listed equities were involved in trading.
• Gainers:
• 39 stocks ended the day in green.
• Top Gainers:
• UAC of Nigeria: +10%, closing at NGN 30.25/share.
• Honeywell Flour Mill: +10%.
• Universal Insurance Company: +10%.
• Learn Africa: +9.92%.
• Losers:
• 15 stocks closed in red.
• Top Losers:
• Multiverse Mining & Exploration: -9.8%, closing at NGN 4.60/share.
• Aradel Holdings: -9.09%.
• International Energy Insurance: -8.13%.
• Wapic Insurance: -4.49%.
Most Traded Stocks by Volume
• Zenith Bank: 60.4 million shares.
• United Bank for Africa (UBA): 43.5 million shares.
• Sterling Bank: 43.3 million shares.
• Universal Insurance Company: 28.3 million shares.
The NGX continues to reflect dynamic market activity, with significant participation and opportunities for investors.